Money Purchase · DOL Form 5500 · 2024

Board of Trustees of International Brotherhood of Electrical Workers Money Purchase Plan

Data updated 2026-08-06

$95M
Total assets
1,513
Participants
90th
Percentile by assets
$62,468
Avg per participant
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Official DOL plan name: International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund · Sponsored by Board of Trustees of International Brotherhood of Electrical Workers · Texas · Construction

$95M in assets, 1,513 participants

Board of Trustees of International Brotherhood of Electrical Workers's International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund reported $95M in total assets and 1,513 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 116,472 plans)
  • #7,458 in Construction (8,304 peers)

Coverage in Texas

International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund covers 1,513 participants in Texas, 2.2x the typical Texas plan (state average ~704 per filing). Assets: $95M.

$95M
total plan assets (2024 EOY)
1,513
covered participants
90th
percentile by assets (of 116,472 plans)
$62,468
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund reported participants rose from 1,010 in the plan year 2023 filing to 1,513 in the plan year 2024 filing.
  • International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund end-of-year assets rose from $89M in the plan year 2023 filing to $95M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund reports 1,513 participants - 2.2x that state average ($95M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$94M
Net Income$6M
Employer EIN751679061
Plan Effective Date1978-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of International Brotherhood of Electrical Workers)

$80M$85M$90M$95M$100M 202220232024 $81.5M $94.5M ▲ +15.9%
Total plan assets by year, all Board of Trustees of International Brotherhood of Electrical Workers plans on file
Year Plans Participants Total Assets
2022 1 1,018 $82M
2023 1 1,010 $89M
2024 1 1,513 $95M

Nearby Money Purchase Plans in Texas

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

International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund vs. nearby Money Purchase plans in Texas, assets vs. participants

International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund vs. nearby Money Purchase plans in Texas, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 00.511.5 Total assets ($B) Participants International Brothe…Occidental Petroleum…Alcon Retirement PlanWilliam Marsh Rice U…Apache Corporation M…Greater Texas IBEW N…
International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund vs. nearby Money Purchase plans in Texas, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund by total assets, not by location.

Frequently Asked Questions

How did International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund assets move in 2024?
International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund grew at a solid clip - up 6.4% during 2024, from $89M to $95M. Reported net income was $6M.
How have Board of Trustees of International Brotherhood of Electrical Workers plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of International Brotherhood of Electrical Workers's sponsor-wide assets grew 15.9%, from $82M to $95M.
Where does International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund rank by assets among Form 5500 filers?
International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund ranks in the 90th percentile by end-of-year assets among 116,472 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 International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund?
Among Money Purchase plans in other states, the closest by assets is Carnegie Corporation of New York Defined Contribution Retirement Plan in NY ($95M, 84 participants).

Next read for International Brotherhood of Electrical …

Filing takeaways

Ways to act on International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust Fund's numbers.

  • By total assets, International Brotherhood of Electrical Workers Seventh District Retirement Benefit and Trust 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 Texas. Compare plans
  • Board of Trustees of International Brotherhood of Electrical Workers's sponsor-wide assets have grown 15.9% since 2022 across 3 plan years on file. More Construction plans