Money Purchase · DOL Form 5500 · 2023
Santa Barbara Masonry Local 5 Pension Plan Money Purchase Plan
Data updated 2026-08-11
- $5M
- Total assets
- 299
- Participants
- 46th
- Percentile by assets
- $17,924
- Avg per participant
Official DOL plan name: Santa Barbara Masonry Local 5 Pension Plan · Sponsored by Santa Barbara Masonry Local 5 Pension Plan · California · Construction
$5M in assets, 299 participants
Santa Barbara Masonry Local 5 Pension Plan's Santa Barbara Masonry Local 5 Pension Plan reported $5M in total assets and 299 participants in its 2023 DOL Form 5500 filing, ranking in the 46th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 46th percentile by assets (of 127,072 plans)
- #3,963 in Construction (9,030 peers)
Coverage in California
Santa Barbara Masonry Local 5 Pension Plan covers 299 participants in California, about 47% of the average California filer (state average ~630 per filing). Assets: $5M.
- $5M
- total plan assets (2023 EOY)
- 299
- covered participants
- 46th
- percentile by assets (of 127,072 plans)
- $17,924
- avg assets per participant
The plan reported a net loss of $54K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Santa Barbara Masonry Local 5 Pension Plan reported net income rose from -$1M in the plan year 2022 filing to -$54K in the plan year 2023 filing.
- Santa Barbara Masonry Local 5 Pension Plan reported participants rose from 296 in the plan year 2022 filing to 299 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Santa Barbara Masonry Local 5 Pension Plan reports 299 participants - about 47% of that state average ($5M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$54K |
| Employer EIN | 956332744 |
| Plan Effective Date | 1970-08-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Santa Barbara Masonry Local 5 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 296 | $5M |
| 2023 | 1 | 299 | $5M |
| 2024 | 1 | 254 | $5M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Santa Barbara Masonry Local 5 Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B · 18,060
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B · 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B · 20,136
- Carpenters Annuity Trust Fund for Northern California $3.3B · 25,961
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.2B · 23,168
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Santa Barbara Masonry Local 5 Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Santa Barbara Masonry Local 5 Pension Plan assets move in 2023? ▼
How have Santa Barbara Masonry Local 5 Pension Plan plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Santa Barbara Masonry Local 5 Pension Plan? ▼
Next read for Santa Barbara Masonry Local 5 Pension Pl…
Filing takeaways
Ways to act on Santa Barbara Masonry Local 5 Pension Plan's numbers.
- By total assets, Santa Barbara Masonry Local 5 Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Santa Barbara Masonry Local 5 Pension Plan's sponsor-wide assets have declined 16.2% since 2022 across 3 plan years on file. More Construction plans