Money Purchase
2024 plan-year Money Purchase DOL Form 5500

SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN

This Money Purchase plan holds $678M in total assets and serves 1,088 participants as of 2024. It is sponsored by SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN in California. The plan reported positive net income of $79M for the year.

Total Assets (2023)
$678M
Participants
1,088
State
Industry
Construction

What the Filing Says About SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN

SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN is a Money Purchase retirement plan sponsored by SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $678M in total end-of-year assets and covers 1,088 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 516052127, and the plan has been effective since 1963-07-22. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $600M at the beginning of 2024 to $678M at year-end — a gain of 12.9%. Net assets (after liabilities) closed the year at $676M, with reported net income of $79M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$600M
Total Assets (End of Year)$678M
Net Assets (End of Year)$676M
Net Income$79M
Plan TypeMoney Purchase
Employer EIN516052127
Plan Effective Date1963-07-22
Filing StatusFILING RECEIVED

Sponsor Plan History (SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN)

Year Plans Participants Total Assets
2022 1 1,137 $514M
2023 1 1,325 $600M
2024 1 1,088 $678M

Nearby Money Purchase Plans in California

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Frequently Asked Questions

How much money is in the SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN?
As of the 2024 Form 5500 filing, SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN holds $678M in total assets with 1,088 participants. It is sponsored by SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN.
What type of plan is SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN?
SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN is a Money Purchase plan. It has been effective since 1963-07-22. The plan is filed with the U.S. Department of Labor under EIN 516052127.
Who sponsors the SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN?
SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN is sponsored by SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN, located in California. The sponsor's EIN is 516052127 and the plan operates in the Construction industry.
How did SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN perform in 2024?
SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN grew by 12.9% during 2024, moving from $600M to $678M in total assets. Net income was $79M.
Where can I find official filings for SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN?
Official Form 5500 filings for SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 516052127 or plan name at efast.dol.gov.
How does SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN compare to other plans?
You can compare SAN MATEO COUNTY ELECTRICAL CONSTRUCTION INDUSTRY RETIREMT PLAN against other Money Purchase plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 516052127.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.