Money Purchase · DOL Form 5500 · 2024

Board of Trustees - Southern Electrical Retirement Fund Money Purchase Plan

Data updated 2026-08-11

$2.2B
Total assets
11,461
Participants
99th
Percentile by assets
$191,216
Avg per participant
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Official DOL plan name: Southern Electrical Retirement Fund · Sponsored by Board of Trustees - Southern Electrical Retirement Fund · Tennessee · Construction

$2.2B in assets, 11,461 participants

Board of Trustees - Southern Electrical Retirement Fund's Southern Electrical Retirement Fund reported $2.2B in total assets and 11,461 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #8,988 in Construction (9,039 peers)

Coverage in Tennessee

Southern Electrical Retirement Fund covers 11,461 participants in Tennessee, 10x the typical Tennessee plan (state average ~1,126 per filing). Assets: $2.2B.

$2.2B
total plan assets (2024 EOY)
11,461
covered participants
99th
percentile by assets (of 123,622 plans)
$191,216
avg assets per participant

Where Southern Electrical Retirement Fund sits by total assets

Southern Electrical Retirement Fund vs every filed plan by assets

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

$2,191,524,146 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Electrical Retirement Fund reported net income rose from $204M in the plan year 2023 filing to $286M in the plan year 2024 filing.
  • Southern Electrical Retirement Fund end-of-year assets rose from $1.9B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
  • Southern Electrical Retirement Fund reported participants rose from 11,228 in the plan year 2023 filing to 11,461 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Southern Electrical Retirement Fund reports 11,461 participants - 10x that state average ($2.2B EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.2B
Net Income$286M
Employer EIN626125711
Plan Effective Date1975-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Southern Electrical Retirement Fund)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.72B $2.19B ▲ +27.3%
Total plan assets by year, all Board of Trustees - Southern Electrical Retirement Fund plans on file
Year Plans Participants Total Assets
2022 1 10,582 $1.7B
2023 1 11,228 $1.9B
2024 1 11,461 $2.2B

Nearby Money Purchase Plans in Tennessee

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Southern Electrical Retirement Fund vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Southern Electrical Retirement Fund vs. nearby Money Purchase plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 050001000015000 -0.500.511.522.5 Total assets ($B) Participants Southern Electrical …IBEW Local 16, AFL-C…Midwest Pipe Trades …U. a. Local Union No…IBEW Local Union No.…Electricians Local U…
Southern Electrical Retirement Fund vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Scale composition for Southern Electrical Retirement Fund

Southern Electrical Retirement Fund reports $2.2B in end-of-year assets across 11,461 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $191,216 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $286M.

This plan identity (EIN 626125711, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.2B (+27.3%) while covered participants moved from 10,582 to 11,461 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,582 $1.7B Open filing
2023 11,228 $1.9B Open filing
2024 · index core 11,461 $2.2B This page

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Southern Electrical Retirement Fund by total assets, not by location.

Frequently Asked Questions

How did Southern Electrical Retirement Fund assets move in 2024?
Southern Electrical Retirement Fund grew sharply - up 15.1% during 2024, from $1.9B to $2.2B. Reported net income was $286M.
How have Board of Trustees - Southern Electrical Retirement Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Southern Electrical Retirement Fund's sponsor-wide assets grew 27.3%, from $1.7B to $2.2B.
Where does Southern Electrical Retirement Fund rank by assets among Form 5500 filers?
Southern Electrical Retirement Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Southern Electrical Retirement Fund?
Among Money Purchase plans in other states, the closest by assets is McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan in NY ($2.2B, 15,274 participants).

Next read for Southern Electrical Retirement Fund

Filing takeaways

Ways to act on Southern Electrical Retirement Fund's numbers.

  • By total assets, Southern Electrical Retirement Fund ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
  • Board of Trustees - Southern Electrical Retirement Fund's sponsor-wide assets have grown 27.3% since 2022 across 3 plan years on file. More Construction plans