Money Purchase · DOL Form 5500 · 2024

Trustees of Electricians Local Union No. 606 Pension-Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$91M
Total assets
2,069
Participants
90th
Percentile by assets
$43,926
Avg per participant
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Official DOL plan name: Electricians Local Union No. 606 Pension-Annuity Fund · Sponsored by Trustees of Electricians Local Union No. 606 Pension-Annuity Fund · Tennessee · Construction

$91M in assets, 2,069 participants

Trustees of Electricians Local Union No. 606 Pension-Annuity Fund's Electricians Local Union No. 606 Pension-Annuity Fund reported $91M in total assets and 2,069 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 123,622 plans)
  • #7,967 in Construction (9,039 peers)

Where Electricians Local Union No. 606 Pension-Annuity Fund sits by assets

Electricians Local Union No. 606 Pension-Annuity Fund sits in the top 10% of all filed plans by assets, $91M for 2,069 participants (~$43,926/participant), up 17.6% in 2024.

$91M
total plan assets (2024 EOY)
2,069
covered participants
90th
percentile by assets (of 123,622 plans)
$43,926
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Electricians Local Union No. 606 Pension-Annuity Fund reported net income rose from $10M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Electricians Local Union No. 606 Pension-Annuity Fund end-of-year assets rose from $77M in the plan year 2023 filing to $91M in the plan year 2024 filing.
  • Electricians Local Union No. 606 Pension-Annuity Fund reported participants rose from 1,863 in the plan year 2023 filing to 2,069 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Electricians Local Union No. 606 Pension-Annuity Fund vs the 2024 asset distribution

By assets, Electricians Local Union No. 606 Pension-Annuity Fund outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$91M
Net Income$14M
Employer EIN591917970
Plan Effective Date1979-10-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Electricians Local Union No. 606 Pension-Annuity Fund)

$60M$70M$80M$90M$100M 202220232024 $67.1M $90.9M ▲ +35.4%
Total plan assets by year, all Trustees of Electricians Local Union No. 606 Pension-Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 678 $67M
2023 1 1,863 $77M
2024 1 2,069 $91M

Nearby Money Purchase Plans in Tennessee

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

Electricians Local Union No. 606 Pension-Annuity Fund vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Electricians Local Union No. 606 Pension-Annuity 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 Electricians Local U…Southern Electrical …IBEW Local 16, AFL-C…Midwest Pipe Trades …U. a. Local Union No…IBEW Local Union No.…
Electricians Local Union No. 606 Pension-Annuity Fund vs. nearby Money Purchase plans in Tennessee, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Electricians Local Union No. 606 Pension-Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Electricians Local Union No. 606 Pension-Annuity Fund assets move in 2024?
Electricians Local Union No. 606 Pension-Annuity Fund grew sharply - up 17.6% during 2024, from $77M to $91M. Reported net income was $14M.
How have Trustees of Electricians Local Union No. 606 Pension-Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Electricians Local Union No. 606 Pension-Annuity Fund's sponsor-wide assets grew 35.4%, from $67M to $91M.
Where does Electricians Local Union No. 606 Pension-Annuity Fund rank by assets among Form 5500 filers?
Electricians Local Union No. 606 Pension-Annuity Fund ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Electricians Local Union No. 606 Pension-Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Local 804 Annuity Fund in NY ($91M, 5,428 participants).

Next read for Electricians Local Union No. 606 Pension…

Scale reading

Ways to act on Electricians Local Union No. 606 Pension-Annuity Fund's numbers.

  • By total assets, Electricians Local Union No. 606 Pension-Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Tennessee. Compare plans
  • Trustees of Electricians Local Union No. 606 Pension-Annuity Fund's sponsor-wide assets have grown 35.4% since 2022 across 3 plan years on file. More Construction plans