401(k) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$886M
Total assets Above avg plan size
2,215
Participants Above avg headcount
98th
Percentile by assets National rank
$399,884
Avg per participant High balance/head
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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.

  • #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.

#8,888
in Construction (9,039 peers)
+12.3%
assets growth YoY
8.9×
vs typical plan assets (national mean)

IBEW Local 332 Pension Plan Part B's outsized position by total assets

IBEW Local 332 Pension Plan Part B vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$885,742,625 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

IBEW Local 332 Pension Plan Part B'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. IBEW Local 332 Pension Plan Part B lands in the large band (2,215 participants).

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 →

EBSA filing schedule strip

Filing strip 516105118 · Board of Trustees, IBEW Local 332 Pension Plan Part B PY 2024 · 401(k)

IBEW Local 332 Pension Plan Part B · $886M · 2,215 · 98th

  • SCH $886M
  • EBSA 2,215
  • PART 98th
  • TYPE 401(k)
  • NET near Carpenter Technology Corporation 401(k) Retirement
  • BOOK ind #8888

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 California →

IBEW Local 332 Pension Plan Part B in the asset neighbourhood

Kemper Corporation 401(k) Retirement PlanKemper Corporation 401(k) Re…$888MIBEW Local 332 Pension Plan Part BIBEW Local 332 Pension Plan …$886MCarpenter Technology Corporation 401(k) RetirementCarpenter Technology Corpora…$885MBlue Cross and Blue Shield of Minnesota Employee Savings PlanBlue Cross and Blue Shield o…$885MDick's Sporting Goods, Inc. Smart Savings 401(k) PlanDick's Sporting Goods, Inc. …$884M
End-of-year total assets ($M) among IBEW Local 332 Pension Plan Part B and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees, IBEW Local 332 Pension Plan Part B plans reported in each filing year

Latest sponsor-wide plan assets
$886M 27.069882508450977% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $697M $886M ▲ +27.1%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants IBEW Local 332 Pension Plan Part B, Total assets ($B): 0.885742625 · Participants: 2215IBEW Local 332 Pension Plan Part BGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
IBEW Local 332 Pension Plan Part B vs. nearby 401(k) plans in California, assets vs. participants

IBEW Local 332 Pension Plan Part B's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Carpenter Technology Corporation 401(k) Retirement in PA ($885M); by covered participants it is Hovnanian Savings and Investment Retirement Plan in NJ (2,215 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,215 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to IBEW Local 332 Pension Plan Part B? ▼
Among 401(k) plans in other states, the closest by covered participants is Hovnanian Savings and Investment Retirement Plan in NJ (2,215 participants, $439M in assets).