Profit Sharing · DOL Form 5500 · 2022

Board of Trustees Electrical Workers Pension Fund - Part B Profit Sharing Plan

Data updated 2026-08-11

$148M
Total assets
471
Participants
95th
Percentile by assets
$313,468
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Electrical Workers Pension Fund Part B · Sponsored by Board of Trustees Electrical Workers Pension Fund - Part B · Minnesota · Construction

$148M in assets, 471 participants

Board of Trustees Electrical Workers Pension Fund - Part B's Electrical Workers Pension Fund Part B reported $148M in total assets and 471 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,286 in Construction (9,927 peers)

Coverage in Minnesota

Electrical Workers Pension Fund Part B covers 471 participants in Minnesota, about 42% of the average Minnesota filer (state average ~1,126 per filing). Assets: $148M.

$148M
total plan assets (2022 EOY)
471
covered participants
95th
percentile by assets (of 139,126 plans)
$313,468
avg assets per participant

The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Electrical Workers Pension Fund Part B reports 471 participants - about 42% of that state average ($148M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$147M
Net Income-$31M
Employer EIN416052631
Plan Effective Date1974-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Electrical Workers Pension Fund - Part B)

$250M$300M$350M$400M 202220232024 $290M $365M ▲ +25.8%
Total plan assets by year, all Board of Trustees Electrical Workers Pension Fund - Part B plans on file
Year Plans Participants Total Assets
2022 3 1,227 $290M
2023 3 1,324 $333M
2024 3 1,259 $365M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.52 Total assets ($B) Participants Electrical Workers P…Essentia Health Reti…Pipe Trades Services…Allina 403(b) Retire…Fairview Health Serv…Cargill Employee Ret…
Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Electrical Workers Pension Fund Part B by total assets, not by location.

Frequently Asked Questions

How did Electrical Workers Pension Fund Part B assets move in 2022?
Electrical Workers Pension Fund Part B declined sharply - down 17.6% during 2022, from $179M to $148M. Reported net income was -$31M.
How have Board of Trustees Electrical Workers Pension Fund - Part B plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Electrical Workers Pension Fund - Part B's sponsor-wide assets grew 25.8%, from $290M to $365M.
Where does Electrical Workers Pension Fund Part B rank by assets among Form 5500 filers?
Electrical Workers Pension Fund Part B ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Electrical Workers Pension Fund Part B?
Among Profit Sharing plans in other states, the closest by assets is Plumbers & Steamfitters Local 21 Annuity Plan in NY ($148M, 1,249 participants).

Next read for Electrical Workers Pension Fund Part B

Filing takeaways

Ways to act on Electrical Workers Pension Fund Part B's numbers.

  • By total assets, Electrical Workers Pension Fund Part B ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
  • Board of Trustees Electrical Workers Pension Fund - Part B's sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Construction plans