Money Purchase · DOL Form 5500 · 2023

Bergelectric Corporation Money Purchase Plan

Data updated 2026-08-11

$120M
Total assets: 1,913
Participants: 92nd
Percentile by assets: $62,858
Avg per participant

Official DOL plan name: Bergelectric Corporation Money Purchase Pension Plan · Sponsored by Bergelectric Corporation · California · Construction

$120M in assets, 1,913 participants

Bergelectric Corporation's Bergelectric Corporation Money Purchase Pension Plan reported $120M in total assets and 1,913 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,198 in Construction (9,030 peers)

Coverage in California

Bergelectric Corporation Money Purchase Pension Plan covers 1,913 participants in California, 3.0x the typical California plan (state average ~630 per filing). Assets: $120M.

$120M
total plan assets (2023 EOY): 1,913
covered participants: 92nd
percentile by assets (of 127,072 plans): $62,858
avg assets per participant

Bergelectric Corporation Money Purchase Pension Plan reported net income rose from -$18M in the plan year 2022 filing to $18M in the plan year 2023 filing.
Bergelectric Corporation Money Purchase Pension Plan end-of-year assets rose from $102M in the plan year 2022 filing to $120M in the plan year 2023 filing.
Bergelectric Corporation Money Purchase Pension Plan reported participants fell from 2,170 in the plan year 2022 filing to 1,913 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Construction

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Bergelectric Corporation Money Purchase Pension Plan reports 1,913 participants - 3.0x that state average ($120M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$102M
Net Assets (End of Year)	$120M
Net Income	$18M
Employer EIN	951459684
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bergelectric Corporation)

Total plan assets by year, all Bergelectric Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	5,044	$227M
2023	2	4,385	$270M
2024	2	4,795	$307M

Nearby Money Purchase Plans in California

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Bergelectric Corporation Money Purchase 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

Compare Bergelectric Corporation Money Purchase … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Bergelectric Corporation Money Purchase Pension Plan by total assets, not by location.

The Connell Company Retirement Plan (NJ) $120M · 132
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan (AZ) $120M · 3,942
IBEW Local 531 & NECA Money Purchase Pension Plan (IN) $121M · 540
Rosalind Franklin University of Medicine and Science Qualified Money Purchase Pension Plan and Trust (IL) $119M · 517

Frequently Asked Questions

How did Bergelectric Corporation Money Purchase Pension Plan assets move in 2023? ▼

Bergelectric Corporation Money Purchase Pension Plan grew sharply - up 17.6% during 2023, from $102M to $120M. Reported net income was $18M.

How have Bergelectric Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bergelectric Corporation's sponsor-wide assets grew 35.3%, from $227M to $307M.

Where does Bergelectric Corporation Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼

Bergelectric Corporation Money Purchase Pension Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Money Purchase plans are similar in size to Bergelectric Corporation Money Purchase Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is The Connell Company Retirement Plan in NJ ($120M, 132 participants).

Next read for Bergelectric Corporation Money Purchase …

Filing takeaways

Ways to act on Bergelectric Corporation Money Purchase Pension Plan's numbers.

By total assets, Bergelectric Corporation Money Purchase Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
Bergelectric Corporation's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 951459684.