401(k) · DOL Form 5500 · 2024

Trustees of Electrical Workers Local No. 294 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
143
Participants Small participant base
58th
Percentile by assets National rank
$79,183
Avg per participant Below avg balance/head
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Official DOL plan name: Electrical Workers Local No. 294 401(k) Plan · Sponsored by Trustees of Electrical Workers Local No. 294 401(k) Plan · Minnesota · Construction

$11M in assets, 143 participants

Trustees of Electrical Workers Local No. 294 401(k) Plan's Electrical Workers Local No. 294 401(k) Plan reported $11M in total assets and 143 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #5,112 in Construction (9,039 peers)

Coverage in Minnesota

Electrical Workers Local No. 294 401(k) Plan covers 143 participants in Minnesota, about 13% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#5,112
in Construction (9,039 peers)
+18.5%
assets growth YoY

Electrical Workers Local No. 294 401(k) Plan's mid-pack asset rank among Construction and all filers

Electrical Workers Local No. 294 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$11,323,238 Top 42% higher than 58% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Electrical Workers Local No. 294 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electrical Workers Local No. 294 401(k) Plan sits mid-pack in the medium band (143 participants).

Published 5500 schedule card

Filing strip 411972759 · Trustees of Electrical Workers Local No. 294 401(k) Plan PY 2024 · 401(k)

Electrical Workers Local No. 294 401(k) Plan · $11M · 143 · 58th

  • EOY $11M
  • 5500 143
  • ASSETS 58th
  • PCT 401(k)
  • EIN near Act Pipe & Supply 401(k) Plan
  • RANK ind #5112

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →

Electrical Workers Local No. 294 401(k) Plan in the asset neighbourhood

Electrical Workers Local No. 294 401(k) PlanElectrical Workers Local No.…$11MAct Pipe & Supply 401(k) Plan$11MHospice of Surry Retirement PlanHospice of Surry Retirement …$11MAdvanced Rehab & Sports Medicine Services 401(k) PlanAdvanced Rehab & Sports Medi…$11MBroad Reach of Chatham, Inc. 401(k) PlanBroad Reach of Chatham, Inc.…$11M
End-of-year total assets ($M) among Electrical Workers Local No. 294 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN411972759
Plan Effective Date2000-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Electrical Workers Local No. 294 401(k) Plan)

Sponsor-wide plan assets over time

All Trustees of Electrical Workers Local No. 294 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$11M 45.37019836202311% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $7.79M $11.3M ▲ +45.3%
Year Plans Participants Total Assets
2022 1 118 $8M
2023 1 139 $10M
2024 1 143 $11M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Electrical Workers Local No. 294 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Electrical Workers Local No. 294 401(k) Plan, Total assets ($B): 0.011323238 · Participants: 143Electrical Workers Local No. 294 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Electrical Workers Local No. 294 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Electrical Workers Local No. 294 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Act Pipe & Supply 401(k) Plan in TX ($11M); by covered participants it is Blairex Laboratories, Inc. 401(k) in IN (143 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (143 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Electrical Workers Local No. 294 401(k) Plan assets move in 2024?
Electrical Workers Local No. 294 401(k) Plan grew sharply - up 18.5% during 2024, from $10M to $11M. Reported net income was $2M.
How have Trustees of Electrical Workers Local No. 294 401(k) Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Electrical Workers Local No. 294 401(k) Plan's sponsor-wide assets grew 45.4%, from $8M to $11M.
Which 401(k) plans are similar in size to Electrical Workers Local No. 294 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Act Pipe & Supply 401(k) Plan in TX ($11M, 279 participants).
Which 401(k) plans cover a similar participant headcount to Electrical Workers Local No. 294 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Blairex Laboratories, Inc. 401(k) in IN (143 participants, N/A in assets).