401(k) · DOL Form 5500 · 2024

Board of Trustees, IBEW Local 332 Pension Plan Part B 401(k) Plan

Data updated 2026-08-11

$886M
Total assets
2,215
Participants
98th
Percentile by assets
$399,884
Avg per participant
PlainRetire home → About this data

Official DOL plan name: IBEW Local 332 Pension Plan Part B · Sponsored by Board of Trustees, IBEW Local 332 Pension Plan Part B · California · Construction

$886M in assets, 2,215 participants

Board of Trustees, IBEW Local 332 Pension Plan Part B's IBEW Local 332 Pension Plan Part B reported $886M in total assets and 2,215 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #8,888 in Construction (9,039 peers)

Coverage in California

IBEW Local 332 Pension Plan Part B covers 2,215 participants in California, 3.5x the typical California plan (state average ~630 per filing). Assets: $886M.

$886M
total plan assets (2024 EOY)
2,215
covered participants
98th
percentile by assets (of 123,622 plans)
$399,884
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 332 Pension Plan Part B end-of-year assets rose from $789M in the plan year 2023 filing to $886M in the plan year 2024 filing.
  • IBEW Local 332 Pension Plan Part B reported participants fell from 2,267 in the plan year 2023 filing to 2,215 in the plan year 2024 filing.
  • IBEW Local 332 Pension Plan Part B reported net income rose from $96M in the plan year 2023 filing to $97M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. IBEW Local 332 Pension Plan Part B reports 2,215 participants - 3.5x that state average ($886M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$789M
Net Assets (End of Year)$885M
Net Income$97M
Employer EIN516105118
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, IBEW Local 332 Pension Plan Part B)

$600M$700M$800M$900M$1,000M 202220232024 $697M $886M ▲ +27.1%
Total plan assets by year, all Board of Trustees, IBEW Local 332 Pension Plan Part B plans on file
Year Plans Participants Total Assets
2022 1 2,267 $697M
2023 1 2,267 $789M
2024 1 2,215 $886M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local 332 Pension Plan Part B vs. nearby 401(k) plans in California, assets vs. participants

IBEW Local 332 Pension Plan Part B vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants IBEW Local 332 Pensi…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
IBEW Local 332 Pension Plan Part B vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to IBEW Local 332 Pension Plan Part B by total assets, not by location.

Frequently Asked Questions

How did IBEW Local 332 Pension Plan Part B assets move in 2024?
IBEW Local 332 Pension Plan Part B grew at a solid clip - up 12.3% during 2024, from $789M to $886M. Reported net income was $97M.
How have Board of Trustees, IBEW Local 332 Pension Plan Part B plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, IBEW Local 332 Pension Plan Part B's sponsor-wide assets grew 27.1%, from $697M to $886M.
Where does IBEW Local 332 Pension Plan Part B rank by assets among Form 5500 filers?
IBEW Local 332 Pension Plan Part B ranks in the 98th 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 401(k) plans are similar in size to IBEW Local 332 Pension Plan Part B?
Among 401(k) plans in other states, the closest by assets is Carpenter Technology Corporation 401(k) Retirement in PA ($885M, 3,804 participants).

Next read for IBEW Local 332 Pension Plan Part B

Filing takeaways

Ways to act on IBEW Local 332 Pension Plan Part B's numbers.

  • By total assets, IBEW Local 332 Pension Plan Part B ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Board of Trustees, IBEW Local 332 Pension Plan Part B's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Construction plans