Defined Benefit (Pension) · DOL Form 5500 · 2023
The Board of Trustees of the Electrical Workers Pension Trust Pension Plan
Data updated 2026-08-25
- $888M
- Total assets Above avg plan size
- 2,976
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $298,550
- Avg per participant High balance/head
Official DOL plan name: Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW · Sponsored by The Board of Trustees of the Electrical Workers Pension Trust · Michigan · Construction
$888M in assets, 2,976 participants
The Board of Trustees of the Electrical Workers Pension Trust's Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported $888M in total assets and 2,976 participants in its 2023 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.
- #8,893 in Construction (9,030 peers)
Coverage in Michigan
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW covers 2,976 participants in Michigan, 4.7x the typical Michigan plan (state average ~638 per filing). Assets: $888M.
- #8,893
- in Construction (9,030 peers)
- +11.1%
- assets growth YoY
- 8.9×
- vs typical plan assets (national mean)
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's outsized position by total assets
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$888,485,059 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW lands in the large band (2,976 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported net income rose from -$55M in the plan year 2022 filing to $69M in the plan year 2023 filing.
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW end-of-year assets rose from $800M in the plan year 2022 filing to $888M in the plan year 2023 filing.
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported participants rose from 2,913 in the plan year 2022 filing to 2,976 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 386080404 · The Board of Trustees of the Electrical Workers Pension Trust PY 2023 · Defined Benefit (Pension)
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW · $888M · 2,976 · 98th
- PHOTO $888M
- PHOTO 2,976
- PHOTO 98th
- PHOTO Defined Benefit (Pension)
- PHOTO near State Street Retirement Plan
- PHOTO ind #8893
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 →
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $800M |
|---|---|
| Net Assets (End of Year) | $867M |
| Net Income | $69M |
| Employer EIN | 386080404 |
| Plan Effective Date | 1959-10-07 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Board of Trustees of the Electrical Workers Pension Trust)
Sponsor-wide plan assets over time
All The Board of Trustees of the Electrical Workers Pension Trust plans reported in each filing year
- Latest sponsor-wide plan assets
- $923M 15.399463119016179% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,913 | $800M |
| 2023 | 1 | 2,976 | $888M |
| 2024 | 1 | 3,028 | $923M |
Nearby Defined Benefit (Pension) Plans in Michigan
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- General Motors Hourly-Rate Employees Pension Plan $44.8B · 17,959
- Ford Motor Company UAW Retirement Plan $19.3B · 26,442
- Ford Motor Company General Retirement Plan $12.7B · 10,215
- Dow Employees' Pension Plan $11.5B · 14,051
- Fca US LLC UAW Pension Agreement $11.2B · 13,635
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Michigan, the nearest Defined Benefit (Pension) by assets is State Street Retirement Plan in MA ($889M); by covered participants it is Ikon Office Solutions, Inc. Pension Plan in PA (2,962 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($888M here).
- State Street Retirement Plan (MA) $889M · 3,253
- Employees' Retirement Plan of Bose Corporation (MA) $891M · 1,567
- University Hospitals Health System, Inc. Retirement Plan (OH) $891M · 23,194
- Unicare Retirement Plan (NJ) $893M · 1,006
Similar participant headcount
Nearest other-state filings by covered participants (2,976 participants); asset peers above are excluded.
- Ikon Office Solutions, Inc. Pension Plan (PA) 2,962 · 14 off
- Nyu Langone Hospitals Retirement Plan (NY) 2,991 · 15 off
- Iron Workers District Council of So Oh & Vicinity Pension Trust (OH) 2,992 · 16 off
- Ufcw Giant- Safeway Excess Supplemental Benefit Pension Fund (MD) 2,958 · 18 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.