Money Purchase · DOL Form 5500 · 2024
Local Union 306 IBEW Pension Annuity Fund Trustees Money Purchase Plan
Data updated 2026-08-25
- $302M
- Total assets Above avg plan size
- 1,151
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $262,544
- Avg per participant High balance/head
Official DOL plan name: Local Union No 306 IBEW Pension Annuity Plan · Sponsored by Local Union 306 IBEW Pension Annuity Fund Trustees · Ohio · Construction
$302M in assets, 1,151 participants
Local Union 306 IBEW Pension Annuity Fund Trustees's Local Union No 306 IBEW Pension Annuity Plan reported $302M in total assets and 1,151 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #8,607 in Construction (9,039 peers)
Where Local Union No 306 IBEW Pension Annuity Plan sits by assets
Local Union No 306 IBEW Pension Annuity Plan sits in the top 5% of all filed plans by assets, $302M for 1,151 participants (~$262,544/participant), up 14.8% in 2024.
- #8,607
- in Construction (9,039 peers)
- +14.8%
- assets growth YoY
- 3.0×
- vs typical plan assets (national mean)
Local Union No 306 IBEW Pension Annuity Plan's outsized position by total assets
Local Union No 306 IBEW Pension Annuity Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$302,188,254 Top 4% higher than 96% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Local Union No 306 IBEW Pension Annuity Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local Union No 306 IBEW Pension Annuity Plan lands in the large band (1,151 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local Union No 306 IBEW Pension Annuity Plan reported net income rose from $31M in the plan year 2023 filing to $39M in the plan year 2024 filing.
- Local Union No 306 IBEW Pension Annuity Plan end-of-year assets rose from $263M in the plan year 2023 filing to $302M in the plan year 2024 filing.
- Local Union No 306 IBEW Pension Annuity Plan reported participants rose from 1,121 in the plan year 2023 filing to 1,151 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 346689590 · Local Union 306 IBEW Pension Annuity Fund Trustees PY 2024 · Money Purchase
Local Union No 306 IBEW Pension Annuity Plan · $302M · 1,151 · 96th
- EOY $302M
- 5500 1,151
- ASSETS 96th
- PCT Money Purchase
- EIN near Arkansas Chapter NECA-IBEW Retirement Plan
- RANK ind #8607
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 Ohio →
Local Union No 306 IBEW Pension Annuity Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $263M |
|---|---|
| Net Assets (End of Year) | $302M |
| Net Income | $39M |
| Employer EIN | 346689590 |
| Plan Effective Date | 1971-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Union 306 IBEW Pension Annuity Fund Trustees)
Sponsor-wide plan assets over time
All Local Union 306 IBEW Pension Annuity Fund Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $302M 30.385437008092435% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,135 | $232M |
| 2023 | 1 | 1,121 | $263M |
| 2024 | 1 | 1,151 | $302M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.7B · 47,538
- The Cleveland Clinic Foundation Cash Balance Plan $1.6B · 4,957
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $533M · 7,205
- University of Dayton Defined Contribution Retirement Plan $382M · 3,130
- Northwestern Ohio Plumbers and Pipefitters Retirement and Trust $376M · 2,118
Local Union No 306 IBEW Pension Annuity Plan's out-of-state Money Purchase peers by assets and headcount
Outside Ohio, the nearest Money Purchase by assets is Arkansas Chapter NECA-IBEW Retirement Plan in AR ($303M); by covered participants it is Ironworkers Local 11 Annuity Fund in NJ (1,148 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($302M here).
- Arkansas Chapter NECA-IBEW Retirement Plan (AR) $303M · 1,529
- The Scripps Research Institute Faculty and Management Retirement Plan (CA) $304M · 634
- Hawaii Laborers' Annuity Fund (HI) $305M · 3,391
- Meba Pension Trust-Money Purchase Benefit Plan (MD) $306M · 2,964
Similar participant headcount
Nearest other-state filings by covered participants (1,151 participants); asset peers above are excluded.
- Ironworkers Local 11 Annuity Fund (NJ) 1,148 · 3 off
- Research Foundation for Mental Hygiene, Inc. Defined Contribution Retirement Plan (NY) 1,156 · 5 off
- Src, Inc. Qualified Retirement Plan (NY) 1,157 · 6 off
- Hawaii Masons and Plasterers Annuity Plan (HI) 1,143 · 8 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.