Money Purchase · DOL Form 5500 · 2024

Bd of Trustees-Southern Ct IBEW Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$86M
Total assets
477
Participants
89th
Percentile by assets
$180,307
Avg per participant
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Official DOL plan name: Southern Ct IBEW Annuity Plan · Sponsored by Bd of Trustees-Southern Ct IBEW Annuity Fund · Connecticut · Construction

$86M in assets, 477 participants

Bd of Trustees-Southern Ct IBEW Annuity Fund's Southern Ct IBEW Annuity Plan reported $86M in total assets and 477 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #7,921 in Construction (9,039 peers)

Where Southern Ct IBEW Annuity Plan sits by assets

Southern Ct IBEW Annuity Plan sits in the top quartile of all filed plans by assets, $86M for 477 participants (~$180,307/participant), up 9.3% in 2024.

$86M
total plan assets (2024 EOY)
477
covered participants
89th
percentile by assets (of 123,622 plans)
$180,307
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Ct IBEW Annuity Plan reported net income fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Southern Ct IBEW Annuity Plan end-of-year assets rose from $79M in the plan year 2023 filing to $86M in the plan year 2024 filing.
  • Southern Ct IBEW Annuity Plan reported participants rose from 467 in the plan year 2023 filing to 477 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Southern Ct IBEW Annuity Plan vs the 2024 asset distribution

By assets, Southern Ct IBEW Annuity Plan outranks 89% 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)$79M
Net Assets (End of Year)$86M
Net Income$7M
Employer EIN060932220
Plan Effective Date1975-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees-Southern Ct IBEW Annuity Fund)

$65M$70M$75M$80M$85M$90M 202220232024 $70.7M $86M ▲ +21.7%
Total plan assets by year, all Bd of Trustees-Southern Ct IBEW Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 479 $71M
2023 1 467 $79M
2024 1 477 $86M

Nearby Money Purchase Plans in Connecticut

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

Southern Ct IBEW Annuity Plan vs. nearby Money Purchase plans in Connecticut, assets vs. participants

Southern Ct IBEW Annuity Plan vs. nearby Money Purchase plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Southern Ct IBEW Ann…New England Electric…Equinor US Holdings …Money Purchase Retir…IBEW Local No. 223 D…Thames Valley Counci…
Southern Ct IBEW Annuity Plan vs. nearby Money Purchase plans in Connecticut, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Southern Ct IBEW Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Southern Ct IBEW Annuity Plan assets move in 2024?
Southern Ct IBEW Annuity Plan grew at a solid clip - up 9.3% during 2024, from $79M to $86M. Reported net income was $7M.
How have Bd of Trustees-Southern Ct IBEW Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees-Southern Ct IBEW Annuity Fund's sponsor-wide assets grew 21.7%, from $71M to $86M.
Where does Southern Ct IBEW Annuity Plan rank by assets among Form 5500 filers?
Southern Ct IBEW Annuity Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Southern Ct IBEW Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Valmet, Inc. Pension Plan and Trust in GA ($86M, 2,123 participants).

Next read for Southern Ct IBEW Annuity Plan

Scale reading

Ways to act on Southern Ct IBEW Annuity Plan's numbers.

  • By total assets, Southern Ct IBEW Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Connecticut. Compare plans
  • Bd of Trustees-Southern Ct IBEW Annuity Fund's sponsor-wide assets have grown 21.7% since 2022 across 3 plan years on file. More Construction plans