Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Kern County Electrical Workers Pension Plan
Data updated 2026-08-11
- $201M
- Total assets
- 689
- Participants
- 94th
- Percentile by assets
- $291,592
- Avg per participant
Official DOL plan name: Kern County Electrical Workers Pension Fund · Sponsored by Board of Trustees, Kern County Electrical Workers · California · Construction
$201M in assets, 689 participants
Board of Trustees, Kern County Electrical Workers's Kern County Electrical Workers Pension Fund reported $201M in total assets and 689 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #8,426 in Construction (9,039 peers)
Where Kern County Electrical Workers Pension Fund sits by assets
Kern County Electrical Workers Pension Fund sits in the top 10% of all filed plans by assets, $201M for 689 participants (~$291,592/participant), up 11.2% in 2024.
- $201M
- total plan assets (2024 EOY)
- 689
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $291,592
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Kern County Electrical Workers Pension Fund reported net income rose from $17M in the plan year 2023 filing to $21M in the plan year 2024 filing.
- Kern County Electrical Workers Pension Fund end-of-year assets rose from $181M in the plan year 2023 filing to $201M in the plan year 2024 filing.
- Kern County Electrical Workers Pension Fund reported participants rose from 652 in the plan year 2023 filing to 689 in the plan year 2024 filing.
Kern County Electrical Workers Pension Fund vs the 2024 asset distribution
By assets, Kern County Electrical Workers Pension Fund outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $181M |
|---|---|
| Net Assets (End of Year) | $200M |
| Net Income | $21M |
| Employer EIN | 956123049 |
| Plan Effective Date | 1965-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Kern County Electrical Workers)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 481 | $162M |
| 2023 | 1 | 652 | $181M |
| 2024 | 1 | 689 | $201M |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Kern County Electrical Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $34.5B · 135,057
- Pacific Gas and Electric Company Retirement Plan $17.6B · 27,500
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $11.4B · 18,983
- Western States Carpenters Pension Plan $11.3B · 48,582
- Ilwu-Pma Pension Plan $10.8B · 15,833
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Kern County Electrical Workers Pension Fund by total assets, not by location.
- Mw&e Cash Balance Plan (IL) $201M · 271
- Spire Missouri Employees' Retirement Plan (MO) $201M · 2,045
- Mony Life Retirement Income Security Plan for Employees (NY) $201M · 177
- United Asso Journeymen & Apprnc Pension Fund (FL) $201M · 810
Frequently Asked Questions
How did Kern County Electrical Workers Pension Fund assets move in 2024? ▼
How have Board of Trustees, Kern County Electrical Workers plan assets changed over time? ▼
Where does Kern County Electrical Workers Pension Fund rank by assets among Form 5500 filers? ▼
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Next read for Kern County Electrical Workers Pension F…
Scale reading
Ways to act on Kern County Electrical Workers Pension Fund's numbers.
- By total assets, Kern County Electrical Workers Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Board of Trustees, Kern County Electrical Workers's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Construction plans