Other
2023 plan-year Other DOL Form 5500

IBEW Local No 461 Variable Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Board of Trustees IBEW Local No 461 Variable Pension Plan · Michigan · Construction

What the 2023 filing shows

IBEW Local No 461 Variable Pension Plan holds $3M for 220 participants — about $15,824 per participant, up 188.6% over the 2023 plan year.

$3M
total plan assets (2023 EOY)
220
covered participants
$15,824
avg assets per participant
+188.6%
assets growth YoY
Total Assets (2023)
$3M
Participants
220
State
Industry
Construction

What the Filing Says About IBEW Local No 461 Variable Pension Plan

IBEW Local No 461 Variable Pension Plan is a Other retirement plan sponsored by Board of Trustees IBEW Local No 461 Variable Pension Plan, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 220 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 882709599, and the plan has been effective since 2022-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2023 to $3M at year-end — a gain of 188.6%. Net assets (after liabilities) closed the year at $3M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$2M
Plan TypeOther
Employer EIN882709599
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local No 461 Variable Pension Plan)

Year Plans Participants Total Assets
2022 1 N/A $1M
2023 1 220 $3M
2024 1 250 $7M

Nearby Other Plans in Michigan

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the IBEW Local No 461 Variable Pension Plan?
As of the 2023 Form 5500 filing, IBEW Local No 461 Variable Pension Plan holds $3M in total assets with 220 participants. It is sponsored by Board of Trustees IBEW Local No 461 Variable Pension Plan.
What type of plan is IBEW Local No 461 Variable Pension Plan?
IBEW Local No 461 Variable Pension Plan is a Other plan. It has been effective since 2022-06-01. The plan is filed with the U.S. Department of Labor under EIN 882709599.
Who sponsors the IBEW Local No 461 Variable Pension Plan?
IBEW Local No 461 Variable Pension Plan is sponsored by Board of Trustees IBEW Local No 461 Variable Pension Plan, located in Michigan. The sponsor's EIN is 882709599 and the plan operates in the Construction industry.
How did IBEW Local No 461 Variable Pension Plan perform in 2023?
IBEW Local No 461 Variable Pension Plan grew by 188.6% during 2023, moving from $1M to $3M in total assets. Net income was $2M.
Where can I find official filings for IBEW Local No 461 Variable Pension Plan?
Official Form 5500 filings for IBEW Local No 461 Variable Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 882709599 or plan name at efast.dol.gov.
How does IBEW Local No 461 Variable Pension Plan compare to other plans?
You can compare IBEW Local No 461 Variable Pension Plan against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 882709599.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.