Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret Pension Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
858
Participants Near avg headcount
89th
Percentile by assets National rank
$81,938
Avg per participant Below avg balance/head
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Official DOL plan name: Intl Brotherhood of Elec Work. Loc 58 Sound & Communications · Sponsored by Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret · Michigan · Construction

$70M in assets, 858 participants

Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret's Intl Brotherhood of Elec Work. Loc 58 Sound & Communications reported $70M in total assets and 858 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,818 in Construction (9,030 peers)

Where Intl Brotherhood of Elec Work. Loc 58 Sound & Communications sits by assets

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications sits in the top quartile of all filed plans by assets, $70M for 858 participants (~$81,938/participant), up 11.5% in 2023.

#7,818
in Construction (9,030 peers)
+11.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications's outsized position by total assets

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$70,303,130 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Intl Brotherhood of Elec Work. Loc 58 Sound & Communications sits mid-pack in the medium band (858 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Intl Brotherhood of Elec Work. Loc 58 Sound & Communications reported net income rose from $3M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Intl Brotherhood of Elec Work. Loc 58 Sound & Communications end-of-year assets rose from $63M in the plan year 2022 filing to $70M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 386233909 · Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret PY 2023 · Defined Benefit (Pension)

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications · $70M · 858 · 89th

  • TYPE $70M
  • TYPE 858
  • TYPE 89th
  • TYPE Defined Benefit (Pension)
  • TYPE near Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund
  • TYPE ind #7818

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 →

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications in the asset neighbourhood

Constellium Rolled Products-Ravenswood LLC Salaried Employees RetiremeConstellium Rolled Products-…$70MTeamsters Industrial Employees Pension FundTeamsters Industrial Employe…$70MFujifilm Group Pension Plan$70MIntl Brotherhood of Elec Work. Loc 58 Sound & CommunicationsIntl Brotherhood of Elec Wor…$70MBridge, Structural & Ornamental Ironworkers Local 207 Pension FundBridge, Structural & Ornamen…$70M
End-of-year total assets ($M) among Intl Brotherhood of Elec Work. Loc 58 Sound & Communications and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$70M
Net Income$7M
Employer EIN386233909
Plan Effective Date1969-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret)

Sponsor-wide plan assets over time

All Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret plans reported in each filing year

Latest sponsor-wide plan assets
$83M 31.460570490160727% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $63M $82.9M ▲ +31.5%
Year Plans Participants Total Assets
2022 1 855 $63M
2023 1 858 $70M
2024 1 865 $83M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Intl Brotherhood of Elec Work. Loc 58 Sound & Communications, Total assets ($B): 0.07030313 · Participants: 858Intl Brotherhood of Elec Work. Loc 58 Sound & CommunicationsGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Intl Brotherhood of Elec Work. Loc 58 Sound & Communications vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Intl Brotherhood of Elec Work. Loc 58 Sound & Communications's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund in OH ($70M); by covered participants it is Local 734 Pension Fund in IL (858 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (858 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Intl Brotherhood of Elec Work. Loc 58 Sound & Communications assets move in 2023?
Intl Brotherhood of Elec Work. Loc 58 Sound & Communications grew at a solid clip - up 11.5% during 2023, from $63M to $70M. Reported net income was $7M.
How have Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret's sponsor-wide assets grew 31.5%, from $63M to $83M.
Where does Intl Brotherhood of Elec Work. Loc 58 Sound & Communications rank by assets among Form 5500 filers?
Intl Brotherhood of Elec Work. Loc 58 Sound & Communications ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Intl Brotherhood of Elec Work. Loc 58 Sound & Communications?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund in OH ($70M, 323 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Intl Brotherhood of Elec Work. Loc 58 Sound & Communications?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 734 Pension Fund in IL (858 participants, $98M in assets).