Money Purchase · DOL Form 5500 · 2024
Board of Trustees of Carolina Electrical Workers Retirement Fund Money Purchase Plan
Data updated 2026-08-06
- $154M
- Total assets
- 6,154
- Participants
- 93rd
- Percentile by assets
- $25,025
- Avg per participant
Official DOL plan name: Carolina Electrical Workers Retirement Fund · Sponsored by Board of Trustees of Carolina Electrical Workers Retirement Fund · Florida · Construction
$154M in assets, 6,154 participants
Board of Trustees of Carolina Electrical Workers Retirement Fund's Carolina Electrical Workers Retirement Fund reported $154M in total assets and 6,154 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 116,472 plans)
- #7,689 in Construction (8,304 peers)
Coverage in Florida
Carolina Electrical Workers Retirement Fund covers 6,154 participants in Florida, 9.8x the typical Florida plan (state average ~631 per filing). Assets: $154M.
- $154M
- total plan assets (2024 EOY)
- 6,154
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $25,025
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Carolina Electrical Workers Retirement Fund reported net income rose from $9M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- Carolina Electrical Workers Retirement Fund end-of-year assets rose from $136M in the plan year 2023 filing to $154M in the plan year 2024 filing.
- Carolina Electrical Workers Retirement Fund reported participants rose from 5,806 in the plan year 2023 filing to 6,154 in the plan year 2024 filing.
Participants vs Florida filers
In Florida, the average filing covers about 631 participants across 6,304 plans. Carolina Electrical Workers Retirement Fund reports 6,154 participants - 9.8x that state average ($154M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $136M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | $18M |
| Employer EIN | 561351864 |
| Plan Effective Date | 1992-12-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Carolina Electrical Workers Retirement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,169 | $128M |
| 2023 | 1 | 5,806 | $136M |
| 2024 | 1 | 6,154 | $154M |
Nearby Money Purchase Plans in Florida
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Carolina Electrical Workers Retirement Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
- Elliott Money Purchase Pension Plan $457M · 494
- Southern States Savings & Retirement Plan Trust $193M · 13,122
- NECA-IBEW 177 Pension Fund $144M · 1,412
- Lifelink Foundation, Inc. Retirement Plan $99M · 471
- I.B.E.W. Local Union No. 728 Annuity Fund $93M · 1,745
Scale composition for Carolina Electrical Workers Retirement Fund
Carolina Electrical Workers Retirement Fund reports $154M in end-of-year assets across 6,154 participants (0.001% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $25,025 per participant (18% of the national average assets-per-participant) . Net income for plan year 2024 was $18M.
This plan identity (EIN 561351864, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $128M to $154M (+20.8%) while covered participants moved from 5,169 to 6,154 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,169 | $128M | Open filing |
| 2023 | 5,806 | $136M | Open filing |
| 2024 · index core | 6,154 | $154M | This page |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Carolina Electrical Workers Retirement Fund by total assets, not by location.
- Boilermakers Lodge 154 Retirement Plan (MN) $157M · 6,951
- Heat & Frost Insulators and Allied Workers Local 6 Annuity Fund (MA) $151M · 1,015
- I.B.E.W. Local Union # 654 Defined Contribution Plan (NJ) $157M · 447
- Defined Contribution Plan of the Agc-Iuoe Local 701 Pension Trust Fund (WA) $157M · 4,204
Frequently Asked Questions
How did Carolina Electrical Workers Retirement Fund assets move in 2024? ▼
How have Board of Trustees of Carolina Electrical Workers Retirement Fund plan assets changed over time? ▼
Where does Carolina Electrical Workers Retirement Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Carolina Electrical Workers Retirement Fund? ▼
Next read for Carolina Electrical Workers Retirement F…
Filing takeaways
Ways to act on Carolina Electrical Workers Retirement Fund's numbers.
- By total assets, Carolina Electrical Workers Retirement 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 Florida. Compare plans
- Board of Trustees of Carolina Electrical Workers Retirement Fund's sponsor-wide assets have grown 20.8% since 2022 across 3 plan years on file. More Construction plans