401(k) · DOL Form 5500 · 2024

IBEW Local 1245 401(k) Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
82
Participants Small participant base
86th
Percentile by assets National rank
$748,267
Avg per participant High balance/head
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Official DOL plan name: IBEW Local Union 1245 Pension Plan · Sponsored by IBEW Local 1245 · California · Construction

$61M in assets, 82 participants

IBEW Local 1245's IBEW Local Union 1245 Pension Plan reported $61M in total assets and 82 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,633 in Construction (9,039 peers)

Where IBEW Local Union 1245 Pension Plan sits by assets

IBEW Local Union 1245 Pension Plan sits in the top quartile of all filed plans by assets, $61M for 82 participants (~$748,267/participant), up 14.5% in 2024.

#7,633
in Construction (9,039 peers)
+14.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

IBEW Local Union 1245 Pension Plan's outsized position by total assets

IBEW Local Union 1245 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$61,357,930 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

IBEW Local Union 1245 Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union 1245 Pension Plan is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union 1245 Pension Plan reported net income rose from $5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • IBEW Local Union 1245 Pension Plan end-of-year assets rose from $54M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • IBEW Local Union 1245 Pension Plan reported participants rose from 79 in the plan year 2023 filing to 82 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 686012285 · IBEW Local 1245 PY 2024 · 401(k)

IBEW Local Union 1245 Pension Plan · $61M · 82 · 86th

  • EBSA $61M
  • PART 82
  • TYPE 86th
  • NET 401(k)
  • BOOK near Old Harbor Profit Sharing 401(k) Plan
  • VS-ST ind #7633

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →

IBEW Local Union 1245 Pension Plan in the asset neighbourhood

Torc Robotics, Inc. 401(k) PlanTorc Robotics, Inc. 401(k) P…$61MIBEW Local Union 1245 Pension PlanIBEW Local Union 1245 Pensio…$61MOld Harbor Profit Sharing 401(k) PlanOld Harbor Profit Sharing 40…$61MProgress Residential 401(k) PlanProgress Residential 401(k) …$61MRco Engineering, Inc. 401(k) PlanRco Engineering, Inc. 401(k)…$61M
End-of-year total assets ($M) among IBEW Local Union 1245 Pension Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$61M
Net Income$8M
Employer EIN686012285
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 1245)

Sponsor-wide plan assets over time

All IBEW Local 1245 plans reported in each filing year

Latest sponsor-wide plan assets
$61M 27.606549448249428% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $48.1M $61.4M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 78 $48M
2023 1 79 $54M
2024 1 82 $61M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union 1245 Pension Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants IBEW Local Union 1245 Pension Plan, Total assets ($B): 0.06135793 · Participants: 82IBEW Local Union 1245 Pension PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
IBEW Local Union 1245 Pension Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare IBEW Local Union 1245 Pension Plan side-by-side with 3 peers →

IBEW Local Union 1245 Pension Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Old Harbor Profit Sharing 401(k) Plan in AK ($61M); by covered participants it is Infopaginas 1081.01(D) Plan in PR (82 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($61M here).

Similar participant headcount

Nearest other-state filings by covered participants (82 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local Union 1245 Pension Plan assets move in 2024? ▼
IBEW Local Union 1245 Pension Plan grew at a solid clip - up 14.5% during 2024, from $54M to $61M. Reported net income was $8M.
How have IBEW Local 1245 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 1245's sponsor-wide assets grew 27.6%, from $48M to $61M.
Where does IBEW Local Union 1245 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union 1245 Pension Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union 1245 Pension Plan? ▼
Among 401(k) plans in other states, the closest by assets is Old Harbor Profit Sharing 401(k) Plan in AK ($61M, 1,467 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union 1245 Pension Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Infopaginas 1081.01(D) Plan in PR (82 participants, $801K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 686012285.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.