Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Michigan Electrical Employees' Pension Fund Pension Plan

Data updated 2026-08-11

$501M
Total assets
2,019
Participants
97th
Percentile by assets
$248,110
Avg per participant
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Official DOL plan name: Michigan Electrical Employees' Pension Plan · Sponsored by Trustees of Michigan Electrical Employees' Pension Fund · Michigan · Construction

$501M in assets, 2,019 participants

Trustees of Michigan Electrical Employees' Pension Fund's Michigan Electrical Employees' Pension Plan reported $501M in total assets and 2,019 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,773 in Construction (9,030 peers)

Coverage in Michigan

Michigan Electrical Employees' Pension Plan covers 2,019 participants in Michigan, 3.2x the typical Michigan plan (state average ~638 per filing). Assets: $501M.

$501M
total plan assets (2023 EOY)
2,019
covered participants
97th
percentile by assets (of 127,072 plans)
$248,110
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Electrical Employees' Pension Plan reported net income rose from -$89M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Michigan Electrical Employees' Pension Plan end-of-year assets rose from $441M in the plan year 2022 filing to $501M in the plan year 2023 filing.
  • Michigan Electrical Employees' Pension Plan reported participants fell from 2,053 in the plan year 2022 filing to 2,019 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Michigan Electrical Employees' Pension Plan reports 2,019 participants - 3.2x that state average ($501M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$441M
Net Assets (End of Year)$498M
Net Income$58M
Employer EIN386233977
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Michigan Electrical Employees' Pension Fund)

$400M$450M$500M$550M$600M 202220232024 $441M $545M ▲ +23.5%
Total plan assets by year, all Trustees of Michigan Electrical Employees' Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,053 $441M
2023 1 2,019 $501M
2024 1 2,102 $545M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Electrical Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Michigan Electrical Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Michigan Electrical …General Motors Hourl…Ford Motor Company U…Ford Motor Company G…Dow Employees' Pensi…Fca US LLC UAW Pensi…
Michigan Electrical Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Michigan Electrical Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Michigan Electrical Employees' Pension Plan assets move in 2023?
Michigan Electrical Employees' Pension Plan grew at a solid clip - up 13.5% during 2023, from $441M to $501M. Reported net income was $58M.
How have Trustees of Michigan Electrical Employees' Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Michigan Electrical Employees' Pension Fund's sponsor-wide assets grew 23.5%, from $441M to $545M.
Where does Michigan Electrical Employees' Pension Plan rank by assets among Form 5500 filers?
Michigan Electrical Employees' Pension Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Michigan Electrical Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Roofers Pension Fund in IL ($501M, 2,046 participants).

Next read for Michigan Electrical Employees' Pension P…

Filing takeaways

Ways to act on Michigan Electrical Employees' Pension Plan's numbers.

  • By total assets, Michigan Electrical Employees' Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
  • Trustees of Michigan Electrical Employees' Pension Fund's sponsor-wide assets have grown 23.5% since 2022 across 3 plan years on file. More Construction plans