Money Purchase · DOL Form 5500 · 2024
New England Electrical Workers Money Purchase Plan and Trust Money Purchase Plan
Data updated 2026-08-06
- $870M
- Total assets
- 9,637
- Participants
- 98th
- Percentile by assets
- $90,313
- Avg per participant
Official DOL plan name: New England Electrical Workers Money Purchase Plan and Trust · Sponsored by New England Electrical Workers Money Purchase Plan and Trust · Connecticut · Construction
$870M in assets, 9,637 participants
New England Electrical Workers Money Purchase Plan and Trust's New England Electrical Workers Money Purchase Plan and Trust reported $870M in total assets and 9,637 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 116,472 plans)
- #8,187 in Construction (8,304 peers)
Coverage in Connecticut
New England Electrical Workers Money Purchase Plan and Trust covers 9,637 participants in Connecticut, 13x the typical Connecticut plan (state average ~740 per filing). Assets: $870M.
- $870M
- total plan assets (2024 EOY)
- 9,637
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $90,313
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- New England Electrical Workers Money Purchase Plan and Trust end-of-year assets rose from $746M in the plan year 2023 filing to $870M in the plan year 2024 filing.
- New England Electrical Workers Money Purchase Plan and Trust reported participants rose from 8,403 in the plan year 2023 filing to 9,637 in the plan year 2024 filing.
- New England Electrical Workers Money Purchase Plan and Trust reported net income fell from $137M in the plan year 2023 filing to $128M in the plan year 2024 filing.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 740 participants across 1,756 plans. New England Electrical Workers Money Purchase Plan and Trust reports 9,637 participants - 13x that state average ($870M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $746M |
|---|---|
| Net Assets (End of Year) | $868M |
| Net Income | $128M |
| Employer EIN | 060962207 |
| Plan Effective Date | 1976-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Electrical Workers Money Purchase Plan and Trust)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,904 | $608M |
| 2023 | 1 | 8,403 | $746M |
| 2024 | 1 | 9,637 | $870M |
Nearby Money Purchase Plans in Connecticut
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
New England Electrical Workers Money Purchase Plan and Trust vs. nearby Money Purchase plans in Connecticut, assets vs. participants
- Equinor US Holdings Inc. Money Purchase Pension Plan $200M · 683
- Southern Ct IBEW Annuity Plan $86M · 477
- Money Purchase Retirement Plan of U.a. Local 716 $37M · 340
- IBEW Local No. 223 Deferred Income Plan $30M · 631
- Thames Valley Council for Community Action, Inc. Money Purchase Pension Plan $12M · 120
Scale composition for New England Electrical Workers Money Purchase Plan and Trust
New England Electrical Workers Money Purchase Plan and Trust reports $870M in end-of-year assets across 9,637 participants (0.007% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $90,313 per participant (66% of the national average assets-per-participant) . Net income for plan year 2024 was $128M.
This plan identity (EIN 060962207, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $608M to $870M (+43.3%) while covered participants moved from 7,904 to 9,637 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,904 | $608M | Open filing |
| 2023 | 8,403 | $746M | Open filing |
| 2024 · index core | 9,637 | $870M | This page |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to New England Electrical Workers Money Purchase Plan and Trust by total assets, not by location.
- Teamster Local 282 Annuity Trust Fund (NY) $887M · 3,887
- Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg (CA) $899M · 6,452
- Kaiser Permanente Supplemental Savings and Retirement Plan for Union Groups (CA) $833M · 12,349
- William Marsh Rice University Defined Contribution Retirement Plan (TX) $930M · 6,787
Frequently Asked Questions
How did New England Electrical Workers Money Purchase Plan and Trust assets move in 2024? ▼
How have New England Electrical Workers Money Purchase Plan and Trust plan assets changed over time? ▼
Where does New England Electrical Workers Money Purchase Plan and Trust rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to New England Electrical Workers Money Purchase Plan and Trust? ▼
Next read for New England Electrical Workers Money Pur…
Filing takeaways
Ways to act on New England Electrical Workers Money Purchase Plan and Trust's numbers.
- By total assets, New England Electrical Workers Money Purchase Plan and Trust 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 Connecticut. Compare plans
- New England Electrical Workers Money Purchase Plan and Trust's sponsor-wide assets have grown 43.3% since 2022 across 3 plan years on file. More Construction plans