401(k) · DOL Form 5500 · 2022

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan 401(k) Plan

Data updated 2026-08-11

$454M
Total assets
7,976
Participants
98th
Percentile by assets
$56,891
Avg per participant
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Official DOL plan name: Puget Sound Electrical Workers 401(k) Savings Plan · Sponsored by Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan · Washington · Construction

$454M in assets, 7,976 participants

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's Puget Sound Electrical Workers 401(k) Savings Plan reported $454M in total assets and 7,976 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,680 in Construction (9,927 peers)

Coverage in Washington

Puget Sound Electrical Workers 401(k) Savings Plan covers 7,976 participants in Washington, 5.4x the typical Washington plan (state average ~1,476 per filing). Assets: $454M.

$454M
total plan assets (2022 EOY)
7,976
covered participants
98th
percentile by assets (of 139,126 plans)
$56,891
avg assets per participant
State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Puget Sound Electrical Workers 401(k) Savings Plan reports 7,976 participants - 5.4x that state average ($454M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$432M
Net Assets (End of Year)$454M
Net Income$22M
Employer EIN916180326
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan)

$400M$500M$600M$700M 202220232024 $454M $622M ▲ +37.1%
Total plan assets by year, all Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plans on file
Year Plans Participants Total Assets
2022 1 7,976 $454M
2023 1 8,015 $553M
2024 1 7,951 $622M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Puget Sound Electric…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Puget Sound Electrical Workers 401(k) Savings Plan

Puget Sound Electrical Workers 401(k) Savings Plan reports $454M in end-of-year assets across 7,976 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $56,891 per participant (41% of the national average assets-per-participant) . Net income for plan year 2022 was $22M.

This plan identity (EIN 916180326, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $454M to $622M (+37.1%) while covered participants moved from 7,976 to 7,951 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,976 $454M This page
2023 8,015 $553M Open filing
2024 · index core 7,951 $622M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Puget Sound Electrical Workers 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Puget Sound Electrical Workers 401(k) Savings Plan assets move in 2022?
Puget Sound Electrical Workers 401(k) Savings Plan grew at a solid clip - up 5.0% during 2022, from $432M to $454M. Reported net income was $22M.
How have Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's sponsor-wide assets grew 37.1%, from $454M to $622M.
Where does Puget Sound Electrical Workers 401(k) Savings Plan rank by assets among Form 5500 filers?
Puget Sound Electrical Workers 401(k) Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Puget Sound Electrical Workers 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Intelsat 401(k) Retirement Savings Plan in VA ($453M, 1,569 participants).

Next read for Puget Sound Electrical Workers 401(k) Sa…

Filing takeaways

Ways to act on Puget Sound Electrical Workers 401(k) Savings Plan's numbers.

  • By total assets, Puget Sound Electrical Workers 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
  • Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's sponsor-wide assets have grown 37.1% since 2022 across 3 plan years on file. More Construction plans