Money Purchase · DOL Form 5500 · 2024

Local Union 306 IBEW Pension Annuity Fund Trustees Money Purchase Plan

Data updated 2026-08-11

$302M
Total assets: 1,151
Participants: 96th
Percentile by assets: $262,544
Avg per participant

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.

96th percentile by assets (of 123,622 plans)
#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.

$302M
total plan assets (2024 EOY): 1,151
covered participants: 96th
percentile by assets (of 123,622 plans): $262,544
avg assets per participant

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.

See the national 2023→2024 release diff →

State

Ohio

Industry

Construction

Local Union No 306 IBEW Pension Annuity Plan vs the 2024 asset distribution

By assets, Local Union No 306 IBEW Pension Annuity Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

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)

Total plan assets by year, all Local Union 306 IBEW Pension Annuity Fund Trustees plans on file

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.

Local Union No 306 IBEW Pension Annuity Plan vs. nearby Money Purchase plans in Ohio, assets vs. participants

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

Compare Local Union No 306 IBEW Pension Annuity … side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local Union No 306 IBEW Pension Annuity Plan by total assets, not by location.

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

Frequently Asked Questions

How did Local Union No 306 IBEW Pension Annuity Plan assets move in 2024? ▼

Local Union No 306 IBEW Pension Annuity Plan grew at a solid clip - up 14.8% during 2024, from $263M to $302M. Reported net income was $39M.

How have Local Union 306 IBEW Pension Annuity Fund Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local Union 306 IBEW Pension Annuity Fund Trustees's sponsor-wide assets grew 30.4%, from $232M to $302M.

Where does Local Union No 306 IBEW Pension Annuity Plan rank by assets among Form 5500 filers? ▼

Local Union No 306 IBEW Pension Annuity Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Money Purchase plans are similar in size to Local Union No 306 IBEW Pension Annuity Plan? ▼

Among Money Purchase plans in other states, the closest by assets is Arkansas Chapter NECA-IBEW Retirement Plan in AR ($303M, 1,529 participants).

Next read for Local Union No 306 IBEW Pension Annuity …

Scale reading

Ways to act on Local Union No 306 IBEW Pension Annuity Plan's numbers.

By total assets, Local Union No 306 IBEW Pension Annuity 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 Ohio. Compare plans
Local Union 306 IBEW Pension Annuity Fund Trustees's sponsor-wide assets have grown 30.4% since 2022 across 3 plan years on file. More Construction plans

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 346689590.