401(k) · DOL Form 5500 · 2022
Board of Trustees of the IBEW Local No. 58 Annuity Fund 401(k) Plan
Data updated 2026-08-25
- $699M
- Total assets Above avg plan size
- 5,560
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $125,781
- Avg per participant Near avg balance/head
Official DOL plan name: IBEW Local No. 58 Annuity Fund · Sponsored by Board of Trustees of the IBEW Local No. 58 Annuity Fund · Michigan · Construction
$699M in assets, 5,560 participants
Board of Trustees of the IBEW Local No. 58 Annuity Fund's IBEW Local No. 58 Annuity Fund reported $699M in total assets and 5,560 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #9,773 in Construction (9,927 peers)
Coverage in Michigan
IBEW Local No. 58 Annuity Fund covers 5,560 participants in Michigan, 8.7x the typical Michigan plan (state average ~638 per filing). Assets: $699M.
- #9,773
- in Construction (9,927 peers)
- -12.1%
- assets change YoY
- 7.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $96M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW Local No. 58 Annuity Fund's outsized position by total assets
IBEW Local No. 58 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$699,341,447 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
IBEW Local No. 58 Annuity Fund'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 No. 58 Annuity Fund lands in the large band (5,560 participants).
Published 5500 schedule card
Filing strip 382749515 · Board of Trustees of the IBEW Local No. 58 Annuity Fund PY 2022 · 401(k)
IBEW Local No. 58 Annuity Fund · $699M · 5,560 · 98th
- ASSETS $699M
- PCT 5,560
- EIN 98th
- RANK 401(k)
- PHOTO near Njm 401(k) Retirement Plan
- IND ind #9773
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 No. 58 Annuity Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $796M |
|---|---|
| Net Assets (End of Year) | $699M |
| Net Income | -$96M |
| Employer EIN | 382749515 |
| Plan Effective Date | 1987-06-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the IBEW Local No. 58 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of the IBEW Local No. 58 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $919M 31.46267677168003% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,560 | $699M |
| 2023 | 1 | 5,719 | $821M |
| 2024 | 1 | 5,385 | $919M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Scale composition for IBEW Local No. 58 Annuity Fund
IBEW Local No. 58 Annuity Fund reports $699M in end-of-year assets across 5,560 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $125,781 per participant (91% of the national average assets-per-participant) . Net income for plan year 2022 was -$96M.
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- IBEW Local No. 58 Annuity Fund (401(k), $919M, 5,385 participants)
IBEW Local No. 58 Annuity Fund's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Njm 401(k) Retirement Plan in NJ ($699M); by covered participants it is Icon Clinical Research, LLC 401(k) Plan in PA (5,561 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($699M here).
- Njm 401(k) Retirement Plan (NJ) $699M · 2,406
- Morningstar, Inc. 401(k) Plan (IL) $700M · 3,089
- Salem Health Hospitals & Clinics Retirement Plan (OR) $700M · 4,803
- Nasdaq, Inc. 401(k) Savings Plan (MD) $699M · 2,088
Similar participant headcount
Nearest other-state filings by covered participants (5,560 participants); asset peers above are excluded.
- Icon Clinical Research, LLC 401(k) Plan (PA) 5,561 · 1 off
- Alaska Airlines Inc Flight Attendant 401(k) Plan (WA) 5,557 · 3 off
- Sanmina Corporation 401(k) Plan (CA) 5,556 · 4 off
- Pvh Associates Investment Plan (NJ) 5,548 · 12 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.