Defined Benefit (Pension) · DOL Form 5500 · 2022
IBEW Local 683 Board of Trustees Pension Plan
Data updated 2026-08-11
- $249M
- Total assets
- 1,512
- Participants
- 96th
- Percentile by assets
- $165,003
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $249M
- total plan assets (2022 EOY)
- 1,512
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $165,003
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. IBEW Local 683 Pension Fund Pension Plan reports 1,512 participants - 2.4x that state average ($249M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $290M |
|---|---|
| Net Assets (End of Year) | $248M |
| Net Income | -$40M |
| Employer EIN | 341442087 |
| Plan Effective Date | 1966-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local 683 Board of Trustees)
| 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
- General Motors Hourly-Rate Employees Pension Plan $40.2B · 18,766
- Ford Motor Company UAW Retirement Plan $19.3B · 27,567
- Ford Motor Company General Retirement Plan $13.4B · 11,760
- Dow Employees' Pension Plan $13.0B · 13,759
- Fca US LLC UAW Pension Agreement $8.6B · 14,563
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to IBEW Local 683 Pension Fund Pension Plan by total assets, not by location.
- Graco Employee Retirement Plan - Blue (MN) $250M · 439
- Local No. 41 IBEW Pension Plan (NY) $249M · 591
- Community Hospitals of Central California Pension Plan (CA) $250M · 3,337
- Metropolitan Opera Association Retirement Plan (NY) $249M · 663
Frequently Asked Questions
How did IBEW Local 683 Pension Fund Pension Plan assets move in 2022? ▼
How have IBEW Local 683 Board of Trustees plan assets changed over time? ▼
Where does IBEW Local 683 Pension Fund Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to IBEW Local 683 Pension Fund Pension Plan? ▼
Next read for IBEW Local 683 Pension Fund Pension Plan
Filing takeaways
Ways to act on IBEW Local 683 Pension Fund Pension Plan's numbers.
- By total assets, IBEW Local 683 Pension Fund Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
- IBEW Local 683 Board of Trustees's sponsor-wide assets have grown 42.2% since 2022 across 3 plan years on file. More Construction plans