Money Purchase · DOL Form 5500 · 2023

Board of Trustees of U.a. Local 38 Trust Funds Money Purchase Plan

Data updated 2026-08-11

$198M
Total assets: 1,323
Participants: 95th
Percentile by assets: $150,029
Avg per participant

Official DOL plan name: U. a. Local 38 Defined Contribution Pension Plan · Sponsored by Board of Trustees of U.a. Local 38 Trust Funds · California · Construction

$198M in assets, 1,323 participants

Board of Trustees of U.a. Local 38 Trust Funds's U. a. Local 38 Defined Contribution Pension Plan reported $198M in total assets and 1,323 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#8,453 in Construction (9,030 peers)

Coverage in California

U. a. Local 38 Defined Contribution Pension Plan covers 1,323 participants in California, 2.1x the typical California plan (state average ~630 per filing). Assets: $198M.

$198M
total plan assets (2023 EOY): 1,323
covered participants: 95th
percentile by assets (of 127,072 plans): $150,029
avg assets per participant

U. a. Local 38 Defined Contribution Pension Plan reported participants rose from 1,036 in the plan year 2022 filing to 1,323 in the plan year 2023 filing.
U. a. Local 38 Defined Contribution Pension Plan end-of-year assets rose from $184M in the plan year 2022 filing to $198M in the plan year 2023 filing.
U. a. Local 38 Defined Contribution Pension Plan reported net income fell from $14M in the plan year 2022 filing to $13M 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. U. a. Local 38 Defined Contribution Pension Plan reports 1,323 participants - 2.1x that state average ($198M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$184M
Net Assets (End of Year)	$196M
Net Income	$13M
Employer EIN	941285319
Plan Effective Date	1995-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of U.a. Local 38 Trust Funds)

Total plan assets by year, all Board of Trustees of U.a. Local 38 Trust Funds plans on file

Year	Plans	Participants	Total Assets
2022	2	2,494	$645M
2023	2	2,761	$710M
2024	2	2,760	$766M

Nearby Money Purchase Plans in California

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

U. a. Local 38 Defined Contribution 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 U. a. Local 38 Defined Contribution Pens… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to U. a. Local 38 Defined Contribution Pension Plan by total assets, not by location.

Retirement Plan for Lawyers of Debevoise & Plimpton LLP (NY) $197M · 134
U. a. Local Union No. 614 Pension Plan (TN) $196M · 1,248
Rose-Hulman Institute of Technology Money Purchase Purchase Plan (IN) $202M · 593
International Association of Heat and Frost Insulators Local 17 Annuity Fund (IL) $194M · 1,187

Frequently Asked Questions

How did U. a. Local 38 Defined Contribution Pension Plan assets move in 2023? ▼

U. a. Local 38 Defined Contribution Pension Plan grew at a solid clip - up 7.8% during 2023, from $184M to $198M. Reported net income was $13M.

How have Board of Trustees of U.a. Local 38 Trust Funds plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of U.a. Local 38 Trust Funds's sponsor-wide assets grew 18.6%, from $645M to $766M.

Where does U. a. Local 38 Defined Contribution Pension Plan rank by assets among Form 5500 filers? ▼

U. a. Local 38 Defined Contribution Pension Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Money Purchase plans are similar in size to U. a. Local 38 Defined Contribution Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Retirement Plan for Lawyers of Debevoise & Plimpton LLP in NY ($197M, 134 participants).

Next read for U. a. Local 38 Defined Contribution Pens…

Filing takeaways

Ways to act on U. a. Local 38 Defined Contribution Pension Plan's numbers.

By total assets, U. a. Local 38 Defined Contribution Pension Plan ranks in the top 5% 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
Board of Trustees of U.a. Local 38 Trust Funds's sponsor-wide assets have grown 18.6% 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 941285319.