Money Purchase · DOL Form 5500 · 2024
Bergelectric Corporation Money Purchase Plan
Data updated 2026-08-11
- $138M
- Total assets
- 2,204
- Participants
- 92nd
- Percentile by assets
- $62,686
- Avg per participant
Official DOL plan name: Bergelectric Corporation Money Purchase Pension Plan · Sponsored by Bergelectric Corporation · California · Construction
$138M in assets, 2,204 participants
Bergelectric Corporation's Bergelectric Corporation Money Purchase Pension Plan reported $138M in total assets and 2,204 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #8,235 in Construction (9,039 peers)
Coverage in California
Bergelectric Corporation Money Purchase Pension Plan covers 2,204 participants in California, 3.5x the typical California plan (state average ~630 per filing). Assets: $138M.
- $138M
- total plan assets (2024 EOY)
- 2,204
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $62,686
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bergelectric Corporation Money Purchase Pension Plan reported participants rose from 1,913 in the plan year 2023 filing to 2,204 in the plan year 2024 filing.
- Bergelectric Corporation Money Purchase Pension Plan end-of-year assets rose from $120M in the plan year 2023 filing to $138M in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Bergelectric Corporation Money Purchase Pension Plan reports 2,204 participants - 3.5x that state average ($138M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $120M |
|---|---|
| Net Assets (End of Year) | $138M |
| Net Income | $18M |
| Employer EIN | 951459684 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bergelectric Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,044 | $227M |
| 2023 | 2 | 4,385 | $270M |
| 2024 | 2 | 4,795 | $307M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Bergelectric Corporation Money Purchase Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Bergelectric Corporation Money Purchase Pension Plan by total assets, not by location.
- Mbia Inc. Employees Pension Plan (NY) $138M · 60
- IBEW Local 531 & NECA Money Purchase Pension Plan (IN) $137M · 705
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan (AZ) $137M · 5,798
- Iron Workers Local 401 Annuity Fund (PA) $140M · 847
Frequently Asked Questions
How did Bergelectric Corporation Money Purchase Pension Plan assets move in 2024? ▼
How have Bergelectric Corporation plan assets changed over time? ▼
Where does Bergelectric Corporation Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Bergelectric Corporation Money Purchase Pension Plan's numbers.
- By total assets, Bergelectric Corporation Money Purchase Pension Plan 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 California. Compare plans
- Bergelectric Corporation's sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans