Defined Benefit (Pension) · DOL Form 5500 · 2022

IBEW Union Local 129 Pension Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
261
Participants Below avg headcount
93rd
Percentile by assets National rank
$418,777
Avg per participant High balance/head
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Official DOL plan name: IBEW Local 129 Pension Fund Pension Plan · Sponsored by IBEW Union Local 129 · Michigan · Construction

$109M in assets, 261 participants

IBEW Union Local 129's IBEW Local 129 Pension Fund Pension Plan reported $109M in total assets and 261 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #9,128 in Construction (9,927 peers)

Coverage in Michigan

IBEW Local 129 Pension Fund Pension Plan covers 261 participants in Michigan, about 41% of the average Michigan filer (state average ~638 per filing). Assets: $109M.

#9,128
in Construction (9,927 peers)
-2.7%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

IBEW Local 129 Pension Fund Pension Plan's outsized position by total assets

IBEW Local 129 Pension Fund Pension Plan vs every filed plan by assets

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

$109,300,692 Top 7% higher than 93% 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 129 Pension Fund Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 129 Pension Fund Pension Plan sits mid-pack in the medium band (261 participants).

Plan-year Form 5500 strip

Filing strip 346701406 · IBEW Union Local 129 PY 2022 · Defined Benefit (Pension)

IBEW Local 129 Pension Fund Pension Plan · $109M · 261 · 93rd

  • PHOTO $109M
  • IND 261
  • EOY 93rd
  • 5500 Defined Benefit (Pension)
  • ASSETS near The Fifth Third Bancorp Master Retirement Plan
  • PCT ind #9128

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 129 Pension Fund Pension Plan in the asset neighbourhood

Local 360 Labor-Management Pension FundLocal 360 Labor-Management P…$109MIBEW Local 129 Pension Fund Pension PlanIBEW Local 129 Pension Fund …$109MThe Fifth Third Bancorp Master Retirement PlanThe Fifth Third Bancorp Mast…$109MSiu Pacific District Pension PlanSiu Pacific District Pension…$109MSouthwest Power Pool, Inc. Retirement PlanSouthwest Power Pool, Inc. R…$109M
End-of-year total assets ($M) among IBEW Local 129 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)$112M
Net Assets (End of Year)$109M
Net Income-$3M
Employer EIN346701406
Plan Effective Date1973-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Union Local 129)

Sponsor-wide plan assets over time

All IBEW Union Local 129 plans reported in each filing year

Latest sponsor-wide plan assets
$123M 12.237760580692388% vs 2022
2024 filing year
$105M$110M$115M$120M$125M 202220232024 $109M $123M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 261 $109M
2023 1 271 $117M
2024 1 287 $123M

Nearby Defined Benefit (Pension) Plans in Michigan

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

IBEW Local 129 Pension Fund Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants IBEW Local 129 Pension Fund Pension Plan, Total assets ($B): 0.109300692 · Participants: 261IBEW Local 129 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 129 Pension Fund Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare IBEW Local 129 Pension Fund Pension Plan side-by-side with 3 peers →

IBEW Local 129 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 The Fifth Third Bancorp Master Retirement Plan in OH ($109M); by covered participants it is Kentucky Farm Bureau Mutual Insurance Company Retirement Plan and Trust in KY (261 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($109M here).

Similar participant headcount

Nearest other-state filings by covered participants (261 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 129 Pension Fund Pension Plan assets move in 2022? ▼
IBEW Local 129 Pension Fund Pension Plan edged down modestly - down 2.7% during 2022, from $112M to $109M. Reported net income was -$3M.
How have IBEW Union Local 129 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Union Local 129's sponsor-wide assets grew 12.2%, from $109M to $123M.
Where does IBEW Local 129 Pension Fund Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 129 Pension Fund Pension Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to IBEW Local 129 Pension Fund Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Fifth Third Bancorp Master Retirement Plan in OH ($109M, 897 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 129 Pension Fund Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kentucky Farm Bureau Mutual Insurance Company Retirement Plan and Trust in KY (261 participants, $125M 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 346701406.

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.