Defined Benefit (Pension) · DOL Form 5500 · 2024
The Building Industry Electrical Contractors Association, Inc. Pension Plan
Data updated 2026-08-11
- $236M
- Total assets
- 835
- Participants
- 95th
- Percentile by assets
- $282,921
- Avg per participant
Official DOL plan name: Electrician's Retirement Fund · Sponsored by The Building Industry Electrical Contractors Association, Inc. · New York · Construction
$236M in assets, 835 participants
The Building Industry Electrical Contractors Association, Inc.'s Electrician's Retirement Fund reported $236M in total assets and 835 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #8,513 in Construction (9,039 peers)
Where Electrician's Retirement Fund sits by assets
Electrician's Retirement Fund sits in the top 5% of all filed plans by assets, $236M for 835 participants (~$282,921/participant), up 15.6% in 2024.
- $236M
- total plan assets (2024 EOY)
- 835
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $282,921
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Electrician's Retirement Fund end-of-year assets rose from $204M in the plan year 2023 filing to $236M in the plan year 2024 filing.
- Electrician's Retirement Fund reported participants fell from 968 in the plan year 2023 filing to 835 in the plan year 2024 filing.
- Electrician's Retirement Fund reported net income rose from $30M in the plan year 2023 filing to $32M in the plan year 2024 filing.
Electrician's Retirement Fund vs the 2024 asset distribution
By assets, Electrician's Retirement Fund outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $204M |
|---|---|
| Net Assets (End of Year) | $236M |
| Net Income | $32M |
| Employer EIN | 261140509 |
| Plan Effective Date | 2007-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Building Industry Electrical Contractors Association, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,353 | $269M |
| 2023 | 2 | 2,265 | $309M |
| 2024 | 2 | 1,688 | $353M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Electrician's Retirement Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Electrician's Retirement Fund by total assets, not by location.
- Smiths Group Pension Plan (DC) $236M · 535
- Mitsubishi Motors NA, Inc. - Manufacturing Div Pension Plan for Associates (TN) $236M · N/A
- Roseburg Forest Products Co. and Western States Regional Council of Carpenters Pension Plan (OR) $237M · 603
- Froedtert South, Inc. Employees' Pension Plan (WI) $236M · 585
Frequently Asked Questions
How did Electrician's Retirement Fund assets move in 2024? ▼
How have The Building Industry Electrical Contractors Association, Inc. plan assets changed over time? ▼
Where does Electrician's Retirement Fund rank by assets among Form 5500 filers? ▼
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Next read for Electrician's Retirement Fund
Scale reading
Ways to act on Electrician's Retirement Fund's numbers.
- By total assets, Electrician's Retirement Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- The Building Industry Electrical Contractors Association, Inc.'s sponsor-wide assets have grown 31.3% since 2022 across 3 plan years on file. More Construction plans