Money Purchase · DOL Form 5500 · 2024
Santa Barbara Masonry Local 5 Pension Plan Money Purchase Plan
Data updated 2026-08-11
- $5M
- Total assets
- 254
- Participants
- 40th
- Percentile by assets
- $17,838
- Avg per participant
Official DOL plan name: Santa Barbara Masonry Local 5 Pension Plan · Sponsored by Santa Barbara Masonry Local 5 Pension Plan · California · Construction
$5M in assets, 254 participants
Santa Barbara Masonry Local 5 Pension Plan's Santa Barbara Masonry Local 5 Pension Plan reported $5M in total assets and 254 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.
- 40th percentile by assets (of 123,622 plans)
- #3,510 in Construction (9,039 peers)
Coverage in California
Santa Barbara Masonry Local 5 Pension Plan covers 254 participants in California, about 40% of the average California filer (state average ~630 per filing). Assets: $5M.
- $5M
- total plan assets (2024 EOY)
- 254
- covered participants
- 40th
- percentile by assets (of 123,622 plans)
- $17,838
- avg assets per participant
The plan reported a net loss of $825K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Santa Barbara Masonry Local 5 Pension Plan reported net income fell from -$54K in the plan year 2023 filing to -$825K in the plan year 2024 filing.
- Santa Barbara Masonry Local 5 Pension Plan end-of-year assets fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Santa Barbara Masonry Local 5 Pension Plan reported participants fell from 299 in the plan year 2023 filing to 254 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Santa Barbara Masonry Local 5 Pension Plan reports 254 participants - about 40% of that state average ($5M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | -$825K |
| Employer EIN | 956332744 |
| Plan Effective Date | 1970-08-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Santa Barbara Masonry Local 5 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 296 | $5M |
| 2023 | 1 | 299 | $5M |
| 2024 | 1 | 254 | $5M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Santa Barbara Masonry Local 5 Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Santa Barbara Masonry Local 5 Pension Plan by total assets, not by location.
- Mental Health Mental Retardation Authority of Brazos Valley Money Purchase Pension Plan (TX) $5M · 145
- Spence-Chapin Services to Family and Children (NY) $4M · 38
- Catholic Charities of the Diocese of Pittsburgh, Inc. and It's Subsidiary Corporations Money Purchase Plan (PA) $5M · 75
- The Becnel Company Money Purchase Pension Plan (FL) $5M · 5
Frequently Asked Questions
How did Santa Barbara Masonry Local 5 Pension Plan assets move in 2024? ▼
How have Santa Barbara Masonry Local 5 Pension Plan plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Santa Barbara Masonry Local 5 Pension Plan? ▼
Next read for Santa Barbara Masonry Local 5 Pension Pl…
Filing takeaways
Ways to act on Santa Barbara Masonry Local 5 Pension Plan's numbers.
- By total assets, Santa Barbara Masonry Local 5 Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Santa Barbara Masonry Local 5 Pension Plan's sponsor-wide assets have declined 16.2% since 2022 across 3 plan years on file. More Construction plans