Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Local 683 Board of Trustees Pension Plan

Data updated 2026-08-25

$249M
Total assets Near avg plan size
1,512
Participants Near avg headcount
96th
Percentile by assets National rank
$165,003
Avg per participant Above avg balance/head
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Official DOL plan name: IBEW Local 683 Pension Fund Pension Plan · Sponsored by IBEW Local 683 Board of Trustees · Michigan · Construction

$249M in assets, 1,512 participants

IBEW Local 683 Board of Trustees's IBEW Local 683 Pension Fund Pension Plan reported $249M in total assets and 1,512 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #9,496 in Construction (9,927 peers)

Coverage in Michigan

IBEW Local 683 Pension Fund Pension Plan covers 1,512 participants in Michigan, 2.4x the typical Michigan plan (state average ~638 per filing). Assets: $249M.

#9,496
in Construction (9,927 peers)
-13.9%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 683 Pension Fund Pension Plan's outsized position by total assets

IBEW Local 683 Pension Fund Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$249,484,943 Top 4% higher than 96% of 139,123 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 2022

IBEW Local 683 Pension Fund Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 683 Pension Fund Pension Plan lands in the large band (1,512 participants).

Plan-year Form 5500 strip

Filing strip 341442087 · IBEW Local 683 Board of Trustees PY 2022 · Defined Benefit (Pension)

IBEW Local 683 Pension Fund Pension Plan · $249M · 1,512 · 96th

  • PART $249M
  • TYPE 1,512
  • NET 96th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Graco Employee Retirement Plan - Blue
  • BOY ind #9496

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 Michigan →

IBEW Local 683 Pension Fund Pension Plan in the asset neighbourhood

Community Hospitals of Central California Pension PlanCommunity Hospitals of Centr…$250MGraco Employee Retirement Plan - BlueGraco Employee Retirement Pl…$250MIBEW Local 683 Pension Fund Pension PlanIBEW Local 683 Pension Fund …$249MLocal No. 41 IBEW Pension PlanLocal No. 41 IBEW Pension Pl…$249MMetropolitan Opera Association Retirement PlanMetropolitan Opera Associati…$249M
End-of-year total assets ($M) among IBEW Local 683 Pension Fund Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$290M
Net Assets (End of Year)$248M
Net Income-$40M
Employer EIN341442087
Plan Effective Date1966-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local 683 Board of Trustees)

Sponsor-wide plan assets over time

All IBEW Local 683 Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$616M 42.20802521971577% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $433M $616M ▲ +42.2%
Year Plans Participants Total Assets
2022 2 3,409 $433M
2023 2 4,360 $532M
2024 2 5,196 $616M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

IBEW Local 683 Pension Fund Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants IBEW Local 683 Pension Fund Pension Plan, Total assets ($B): 0.249484943 · Participants: 1512IBEW Local 683 Pension Fund Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
IBEW Local 683 Pension Fund Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare IBEW Local 683 Pension Fund Pension Plan side-by-side with 3 peers →

IBEW Local 683 Pension Fund Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Graco Employee Retirement Plan - Blue in MN ($250M); by covered participants it is I.B.E.W. Local 38 Pension Plan in OH (1,512 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($249M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,512 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local 683 Pension Fund Pension Plan assets move in 2022? ▼
IBEW Local 683 Pension Fund Pension Plan pulled back noticeably - down 13.9% during 2022, from $290M to $249M. Reported net income was -$40M.
How have IBEW Local 683 Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local 683 Board of Trustees's sponsor-wide assets grew 42.2%, from $433M to $616M.
Where does IBEW Local 683 Pension Fund Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 683 Pension Fund Pension Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to IBEW Local 683 Pension Fund Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Graco Employee Retirement Plan - Blue in MN ($250M, 439 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 683 Pension Fund Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is I.B.E.W. Local 38 Pension Plan in OH (1,512 participants, $409M in assets).

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) - original filing retrieval by EIN 341442087.

Read our methodology - how this data is sourced, computed, and verified.

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