Money Purchase
2023 plan-year Money Purchase DOL Form 5500

I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1

This Money Purchase plan holds $37M in total assets and serves 167 participants as of 2023. It is sponsored by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1 in Vermont. The plan reported positive net income of $4M for the year.

Total Assets (2023)
$37M
Participants
167
State
Industry
Construction

What the Filing Says About I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN

I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN is a Money Purchase retirement plan sponsored by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1, headquartered in Vermont. As of the 2023 Form 5500 filing, the plan reports $37M in total end-of-year assets and covers 167 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 030275174, and the plan has been effective since 1979-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $33M at the beginning of 2023 to $37M at year-end — a gain of 12.4%. Net assets (after liabilities) closed the year at $37M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$33M
Total Assets (End of Year)$37M
Net Assets (End of Year)$37M
Net Income$4M
Plan TypeMoney Purchase
Employer EIN030275174
Plan Effective Date1979-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1)

Year Plans Participants Total Assets
2022 1 188 $33M
2023 1 167 $37M

Nearby Money Purchase Plans in Vermont

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

Frequently Asked Questions

How much money is in the I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN?
As of the 2023 Form 5500 filing, I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN holds $37M in total assets with 167 participants. It is sponsored by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1.
What type of plan is I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN?
I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN is a Money Purchase plan. It has been effective since 1979-12-01. The plan is filed with the U.S. Department of Labor under EIN 030275174.
Who sponsors the I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN?
I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN is sponsored by INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 300 - UNIT 1, located in Vermont. The sponsor's EIN is 030275174 and the plan operates in the Construction industry.
How did I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN perform in 2023?
I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN grew by 12.4% during 2023, moving from $33M to $37M in total assets. Net income was $4M.
Where can I find official filings for I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN?
Official Form 5500 filings for I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 030275174 or plan name at efast.dol.gov.
How does I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN compare to other plans?
You can compare I.B.E.W. LOCAL 300 - UNIT 1 PENSION PLAN against other Money Purchase plans on the plan type page, or view plans in Vermont on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 030275174.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.