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
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.
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 EIN | 386233977 |
| Plan Effective Date | 1964-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Michigan Electrical Employees' Pension Fund)
| 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
- 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
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.
- Roofers Pension Fund (IL) $501M · 2,046
- Newmarket Corporation and Affiliates Salaried Employees' Pension Plan (VA) $501M · 792
- Agilent Technologies, Inc. Retirement Plan (CA) $501M · 1,967
- Bimbo Bakeries USA Consolidated Pension Plan (PA) $501M · 3,238
Frequently Asked Questions
How did Michigan Electrical Employees' Pension Plan assets move in 2023? ▼
How have Trustees of Michigan Electrical Employees' Pension Fund plan assets changed over time? ▼
Where does Michigan Electrical Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Michigan Electrical Employees' Pension Plan? ▼
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