Defined Benefit (Pension) · DOL Form 5500 · 2023

Michigan Upper Peninsula IBEW Pension Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
255
Participants Below avg headcount
91st
Percentile by assets National rank
$352,788
Avg per participant High balance/head
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Official DOL plan name: Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan · Sponsored by Michigan Upper Peninsula IBEW · Michigan · Construction

$90M in assets, 255 participants

Michigan Upper Peninsula IBEW's Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan reported $90M in total assets and 255 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #8,017 in Construction (9,030 peers)

Coverage in Michigan

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan covers 255 participants in Michigan, about 40% of the average Michigan filer (state average ~638 per filing). Assets: $90M.

#8,017
in Construction (9,030 peers)
+15.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan's outsized position by total assets

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$89,960,912 Top 9% higher than 91% of 127,068 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 2023

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan sits mid-pack in the medium band (255 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan reported net income rose from -$11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan end-of-year assets rose from $78M in the plan year 2022 filing to $90M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363020872 · Michigan Upper Peninsula IBEW PY 2023 · Defined Benefit (Pension)

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan · $90M · 255 · 91st

  • BOOK $90M
  • BOOK 255
  • BOOK 91st
  • BOOK Defined Benefit (Pension)
  • BOOK near Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan
  • BOOK ind #8017

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 →

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in the asset neighbourhood

Iron Workers Local #397 Pension FundIron Workers Local #397 Pens…$90MSpire Missouri West Retirement Income PlanSpire Missouri West Retireme…$90MMichigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension PlanMichigan Upper Peninsula Int…$90MNewport News Shipbuilding Employees' Credit Union Inc Retirement PlanNewport News Shipbuilding Em…$90MRetirement Income Plan for the Employees of DannonRetirement Income Plan for t…$90M
End-of-year total assets ($M) among Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$78M
Net Assets (End of Year)$90M
Net Income$12M
Employer EIN363020872
Plan Effective Date1978-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Upper Peninsula IBEW)

Sponsor-wide plan assets over time

All Michigan Upper Peninsula IBEW plans reported in each filing year

Latest sponsor-wide plan assets
$103M 31.121818776959557% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $78.3M $103M ▲ +31.1%
Year Plans Participants Total Assets
2022 1 255 $78M
2023 1 255 $90M
2024 1 256 $103M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan, Total assets ($B): 0.089960912 · Participants: 255Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan in VA ($90M); by covered participants it is Employees' Retirement Plan of Ellis Hospital in NY (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (255 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan assets move in 2023?
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan grew at a solid clip - up 15.0% during 2023, from $78M to $90M. Reported net income was $12M.
How have Michigan Upper Peninsula IBEW plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Upper Peninsula IBEW's sponsor-wide assets grew 31.1%, from $78M to $103M.
Where does Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan rank by assets among Form 5500 filers?
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan in VA ($90M, 381 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of Ellis Hospital in NY (255 participants, $54M in assets).