Other
2022 plan-year Other DOL Form 5500

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Michigan Upper Peninsula IBEW Β· Michigan Β· Construction

What the 2023 filing shows

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan holds $78M for 255 participants - about $306,894 per participant, down 12.3% over the 2022 plan year.

$78M
total plan assets (2022 EOY)
255
covered participants
$306,894
avg assets per participant
-12.3%
assets change YoY

The plan reported a net loss of $11M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$78M
Participants
255
State
Industry
Construction

What the Filing Says About Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan is a Other retirement plan sponsored by Michigan Upper Peninsula IBEW, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $78M in total end-of-year assets and covers 255 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 363020872, and the plan has been effective since 1978-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $89M at the beginning of 2022 to $78M at year-end β€” a decline of 12.3%. Net assets (after liabilities) closed the year at $78M, with reported net income of $-11,111,737 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$89M
Total Assets (End of Year)$78M
Net Assets (End of Year)$78M
Net Income$-11,111,737
Plan TypeOther
Employer EIN363020872
Plan Effective Date1978-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Upper Peninsula IBEW)

Year Plans Participants Total Assets
2022 1 255 $78M
2023 1 255 $90M
2024 1 256 $103M

Nearby Other Plans in Michigan

Peer Other plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
As of the 2022 Form 5500 filing, Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan holds $78M in total assets with 255 participants. It is sponsored by Michigan Upper Peninsula IBEW.
What type of plan is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan is a Other plan. It has been effective since 1978-06-01. The plan is filed with the U.S. Department of Labor under EIN 363020872.
Who sponsors the Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan is sponsored by Michigan Upper Peninsula IBEW, located in Michigan. The sponsor's EIN is 363020872 and the plan operates in the Construction industry.
How did Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan perform in 2022?
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan declined by 12.3% during 2022, moving from $89M to $78M in total assets. Net income was $-11,111,737.
Where can I find official filings for Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
Official Form 5500 filings for Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 363020872 or plan name at efast.dol.gov.
How does Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan compare to other plans?
You can compare Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 363020872.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.