Money Purchase · DOL Form 5500 · 2024

IBEW 375 Electricians' Retirement Plan Money Purchase Plan

Data updated 2026-08-25

$193M
Total assets Near avg plan size
657
Participants Below avg headcount
94th
Percentile by assets National rank
$294,282
Avg per participant High balance/head
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Official DOL plan name: IBEW Local Union 375 Electricians' Retirement Plan · Sponsored by IBEW 375 Electricians' Retirement Plan · Pennsylvania · Construction

$193M in assets, 657 participants

IBEW 375 Electricians' Retirement Plan's IBEW Local Union 375 Electricians' Retirement Plan reported $193M in total assets and 657 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,408 in Construction (9,039 peers)

Where IBEW Local Union 375 Electricians' Retirement Plan sits by assets

IBEW Local Union 375 Electricians' Retirement Plan sits in the top 10% of all filed plans by assets, $193M for 657 participants (~$294,282/participant), up 13.7% in 2024.

#8,408
in Construction (9,039 peers)
+13.7%
assets growth YoY
1.9×
vs typical plan assets (national mean)

IBEW Local Union 375 Electricians' Retirement Plan's outsized position by total assets

IBEW Local Union 375 Electricians' Retirement Plan vs every filed plan by assets

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

$193,343,343 Top 6% higher than 94% 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

IBEW Local Union 375 Electricians' Retirement 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. IBEW Local Union 375 Electricians' Retirement Plan sits mid-pack in the medium band (657 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union 375 Electricians' Retirement Plan end-of-year assets rose from $170M in the plan year 2023 filing to $193M in the plan year 2024 filing.
  • IBEW Local Union 375 Electricians' Retirement Plan reported net income fell from $25M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 232055388 · IBEW 375 Electricians' Retirement Plan PY 2024 · Money Purchase

IBEW Local Union 375 Electricians' Retirement Plan · $193M · 657 · 94th

  • NET $193M
  • NET 657
  • NET 94th
  • NET Money Purchase
  • NET near Southern States Savings & Retirement Plan Trust
  • NET ind #8408

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 Pennsylvania →

IBEW Local Union 375 Electricians' Retirement Plan in the asset neighbourhood

Plumbers & Pipefitters Lu 286 Money Purchase PlanPlumbers & Pipefitters Lu 28…$197MIBEW Local Union 375 Electricians' Retirement PlanIBEW Local Union 375 Electri…$193MSouthern States Savings & Retirement Plan TrustSouthern States Savings & Re…$193MPlumbers Local 24 Annuity FundPlumbers Local 24 Annuity Fu…$190MSupplemental Pension/401(k) Plan to IBEW Lu1141 Retirement and 401(k) PlanSupplemental Pension/401(k) …$189M
End-of-year total assets ($M) among IBEW Local Union 375 Electricians' Retirement Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$170M
Net Assets (End of Year)$193M
Net Income$23M
Employer EIN232055388
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW 375 Electricians' Retirement Plan)

Sponsor-wide plan assets over time

All IBEW 375 Electricians' Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$193M 32.853136482297224% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $146M $193M ▲ +32.9%
Year Plans Participants Total Assets
2022 1 645 $146M
2023 1 658 $170M
2024 1 657 $193M

Nearby Money Purchase Plans in Pennsylvania

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

IBEW Local Union 375 Electricians' Retirement Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 01000200030004000 02004006008001000 Total assets ($M) Participants IBEW Local Union 375 Electricians' Retirement Plan, Total assets ($M): 193.343343 · Participants: 657IBEW Local Union 375 Electricians' Retirement PlanCentral Pennsylvania Teamsters Retirement Income Plan 1987, Total assets ($M): 805.686551 · Participants: 3427Central Pennsylvania Teamsters Retirement Income Plan 1987Duane Morris Retirement Plan, Total assets ($M): 338.044788 · Participants: 484Duane Morris Retirement PlanMilton Hershey School Money Purchase Pension Plan, Total assets ($M): 181.070322 · Participants: 1500Milton Hershey School Money Purchase Pension PlanRetirement Plan for Faculty, Administrative and Professional Employees of University of Scranton, Total assets ($M): 153.792471 · Participants: 602Retirement Plan for Faculty, Administrative and Professional Employees of University of ScrantonDentons Cohen & Grigsby P.C. Pension Plan, Total assets ($M): 150.713357 · Participants: 192Dentons Cohen & Grigsby P.C. Pension Plan
IBEW Local Union 375 Electricians' Retirement Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants

IBEW Local Union 375 Electricians' Retirement Plan's out-of-state Money Purchase peers by assets and headcount

Outside Pennsylvania, the nearest Money Purchase by assets is Southern States Savings & Retirement Plan Trust in FL ($193M); by covered participants it is Goodwill Industries of Northwest North Carolina, Inc. Money Purchase Plan in NC (663 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (657 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 IBEW Local Union 375 Electricians' Retirement Plan assets move in 2024?
IBEW Local Union 375 Electricians' Retirement Plan grew at a solid clip - up 13.7% during 2024, from $170M to $193M. Reported net income was $23M.
How have IBEW 375 Electricians' Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), IBEW 375 Electricians' Retirement Plan's sponsor-wide assets grew 32.9%, from $146M to $193M.
Where does IBEW Local Union 375 Electricians' Retirement Plan rank by assets among Form 5500 filers?
IBEW Local Union 375 Electricians' Retirement Plan ranks in the 94th percentile by end-of-year assets among 123,622 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 IBEW Local Union 375 Electricians' Retirement Plan?
Among Money Purchase plans in other states, the closest by assets is Southern States Savings & Retirement Plan Trust in FL ($193M, 13,122 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local Union 375 Electricians' Retirement Plan?
Among Money Purchase plans in other states, the closest by covered participants is Goodwill Industries of Northwest North Carolina, Inc. Money Purchase Plan in NC (663 participants, $23M in assets).