Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

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

Sponsored by Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW · Michigan · Construction

What the 2023 filing shows

Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs holds $92M for 975 participants — about $94,035 per participant, down 13.1% over the 2022 plan year.

$92M
total plan assets (2022 EOY): 975
covered participants: $94,035
avg assets per participant: -13.1%
assets change YoY

The plan reported a net loss of $14M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$92M

Participants

975

State

Michigan

Industry

Construction

What the Filing Says About Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs

Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs is a 401(k) retirement plan sponsored by Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $92M in total end-of-year assets and covers 975 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 386234993, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $105M at the beginning of 2022 to $92M at year-end — a decline of 13.1%. Net assets (after liabilities) closed the year at $92M, with reported net income of $-13,766,646 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 — 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)	$105M
Total Assets (End of Year)	$92M
Net Assets (End of Year)	$92M
Net Income	$-13,766,646
Plan Type	401(k)
Employer EIN	386234993
Plan Effective Date	1989-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW)

Year	Plans	Participants	Total Assets
2022	1	975	$92M
2023	1	975	$103M
2024	1	1,001	$112M

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Frequently Asked Questions

How much money is in the Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs? ▼

As of the 2022 Form 5500 filing, Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs holds $92M in total assets with 975 participants. It is sponsored by Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW.

What type of plan is Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs? ▼

Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs is a 401(k) plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 386234993.

Who sponsors the Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs? ▼

Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs is sponsored by Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW, located in Michigan. The sponsor's EIN is 386234993 and the plan operates in the Construction industry.

How did Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs perform in 2022? ▼

Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs declined by 13.1% during 2022, moving from $105M to $92M in total assets. Net income was $-13,766,646.

Where can I find official filings for Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs? ▼

Official Form 5500 filings for Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 386234993 or plan name at efast.dol.gov.

How does Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs compare to other plans? ▼

You can compare Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs against other 401(k) 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.