Money Purchase · DOL Form 5500 · 2024
Joint Board of Trustees Alaska Electrical Pension Fund Money Purchase Plan
Data updated 2026-08-06
- $246M
- Total assets
- 2,528
- Participants
- 95th
- Percentile by assets
- $97,476
- Avg per participant
Official DOL plan name: Alaska Electrical Retirement Savings Plan · Sponsored by Joint Board of Trustees Alaska Electrical Pension Fund · Alaska · Construction
$246M in assets, 2,528 participants
Joint Board of Trustees Alaska Electrical Pension Fund's Alaska Electrical Retirement Savings Plan reported $246M in total assets and 2,528 participants in its 2024 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 116,472 plans)
- #7,895 in Construction (8,304 peers)
Coverage in Alaska
Alaska Electrical Retirement Savings Plan covers 2,528 participants in Alaska, 5.3x the typical Alaska plan (state average ~481 per filing). Assets: $246M.
- $246M
- total plan assets (2024 EOY)
- 2,528
- covered participants
- 95th
- percentile by assets (of 116,472 plans)
- $97,476
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Alaska Electrical Retirement Savings Plan reported net income fell from $28M in the plan year 2023 filing to $24M in the plan year 2024 filing.
- Alaska Electrical Retirement Savings Plan end-of-year assets rose from $223M in the plan year 2023 filing to $246M in the plan year 2024 filing.
- Alaska Electrical Retirement Savings Plan reported participants rose from 2,437 in the plan year 2023 filing to 2,528 in the plan year 2024 filing.
Participants vs Alaska filers
In Alaska, the average filing covers about 481 participants across 265 plans. Alaska Electrical Retirement Savings Plan reports 2,528 participants - 5.3x that state average ($246M EOY assets).
Alaska filing particulars
| Total Assets (Beginning of Year) | $223M |
|---|---|
| Net Assets (End of Year) | $246M |
| Net Income | $24M |
| Employer EIN | 926005171 |
| Plan Effective Date | 1980-01-13 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees Alaska Electrical Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,999 | $2.3B |
| 2023 | 2 | 6,300 | $2.3B |
| 2024 | 2 | 6,426 | $2.3B |
Nearby Money Purchase Plans in Alaska
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Alaska Electrical Retirement Savings Plan vs. nearby Money Purchase plans in Alaska, assets vs. participants
- National Electrical Annuity Plan $18.1B · 86,141
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Tiaa Retirement Plan $5.9B · 11,906
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Alaska Electrical Retirement Savings Plan by total assets, not by location.
- Mo-Kan Iron Workers Annuity Fund (MO) $247M · 1,662
- Noblis, Inc. Qualified Retirement Plan (VA) $246M · 2,434
- Operating Engineers' Local 324, Defined Contribution Pension Plan (MI) $248M · 7,667
- Rhode Island Laborers Annuity Fund (RI) $255M · 9,172
Frequently Asked Questions
How did Alaska Electrical Retirement Savings Plan assets move in 2024? ▼
How have Joint Board of Trustees Alaska Electrical Pension Fund plan assets changed over time? ▼
Where does Alaska Electrical Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Alaska Electrical Retirement Savings Plan? ▼
Next read for Alaska Electrical Retirement Savings Pla…
Filing takeaways
Ways to act on Alaska Electrical Retirement Savings Plan's numbers.
- By total assets, Alaska Electrical Retirement Savings 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 Alaska. Compare plans
- Joint Board of Trustees Alaska Electrical Pension Fund's sponsor-wide assets have grown 2.8% since 2022 across 3 plan years on file. More Construction plans