Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Electrical Workers Pension Fund - Part B Profit Sharing Plan
Data updated 2026-08-11
- $170M
- Total assets
- 504
- Participants
- 94th
- Percentile by assets
- $337,038
- Avg per participant
Official DOL plan name: Electrical Workers Pension Fund Part B · Sponsored by Board of Trustees Electrical Workers Pension Fund - Part B · Minnesota · Construction
$170M in assets, 504 participants
Board of Trustees Electrical Workers Pension Fund - Part B's Electrical Workers Pension Fund Part B reported $170M in total assets and 504 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #8,379 in Construction (9,030 peers)
Coverage in Minnesota
Electrical Workers Pension Fund Part B covers 504 participants in Minnesota, about 45% of the average Minnesota filer (state average ~1,126 per filing). Assets: $170M.
- $170M
- total plan assets (2023 EOY)
- 504
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $337,038
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Electrical Workers Pension Fund Part B reported net income rose from -$31M in the plan year 2022 filing to $23M in the plan year 2023 filing.
- Electrical Workers Pension Fund Part B end-of-year assets rose from $148M in the plan year 2022 filing to $170M in the plan year 2023 filing.
- Electrical Workers Pension Fund Part B reported participants rose from 471 in the plan year 2022 filing to 504 in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Electrical Workers Pension Fund Part B reports 504 participants - about 45% of that state average ($170M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $148M |
|---|---|
| Net Assets (End of Year) | $170M |
| Net Income | $23M |
| Employer EIN | 416052631 |
| Plan Effective Date | 1974-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Electrical Workers Pension Fund - Part B)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,227 | $290M |
| 2023 | 3 | 1,324 | $333M |
| 2024 | 3 | 1,259 | $365M |
Nearby Profit Sharing Plans in Minnesota
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
- Essentia Health Retirement Plan $1.9B · 15,491
- Pipe Trades Services Mn Pension Supplement Fund $1.6B · 6,062
- Allina 403(b) Retirement Savings Plan $906M · 9,417
- Fairview Health Services Pension Plan $610M · 4,828
- Cargill Employee Retirement Account Plan $511M · 19,870
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Electrical Workers Pension Fund Part B by total assets, not by location.
- Strand Associates, Inc. Employees Profit Sharing Trust (WI) $171M · 485
- The J. Paul Getty Trust Defined Contribution Retirement Plan (CA) $171M · 1,403
- United Union of Roofers - Local 8 Annuity Fund (NY) $171M · 1,823
- Ufcw Retirement and Savings Plan (NJ) $168M · 17,516
Frequently Asked Questions
How did Electrical Workers Pension Fund Part B assets move in 2023? ▼
How have Board of Trustees Electrical Workers Pension Fund - Part B plan assets changed over time? ▼
Where does Electrical Workers Pension Fund Part B rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Electrical Workers Pension Fund Part B? ▼
Next read for Electrical Workers Pension Fund Part B
Filing takeaways
Ways to act on Electrical Workers Pension Fund Part B's numbers.
- By total assets, Electrical Workers Pension Fund Part B ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
- Board of Trustees Electrical Workers Pension Fund - Part B's sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Construction plans