401(k) · DOL Form 5500 · 2023

Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
5,480
Participants
99th
Percentile by assets
$202,221
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan · Sponsored by Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) · Minnesota · Construction

$1.1B in assets, 5,480 participants

Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reported $1.1B in total assets and 5,480 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #8,915 in Construction (9,030 peers)

Coverage in Minnesota

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan covers 5,480 participants in Minnesota, 4.9x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
5,480
covered participants
99th
percentile by assets (of 127,072 plans)
$202,221
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reported net income rose from $9M in the plan year 2022 filing to $112M in the plan year 2023 filing.
  • Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan end-of-year assets rose from $995M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reports 5,480 participants - 4.9x that state average ($1.1B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$995M
Net Assets (End of Year)$1.1B
Net Income$112M
Employer EIN411760754
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees Electrical Workers Local No.292 Defined Contribution and 401(k))

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.99B $1.19B ▲ +20.2%
Total plan assets by year, all Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) plans on file
Year Plans Participants Total Assets
2022 1 5,476 $995M
2023 1 5,480 $1.1B
2024 1 5,638 $1.2B

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 0510152025 Total assets ($B) Participants Electrical Workers L…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reports $1.1B in end-of-year assets across 5,480 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $202,221 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was $112M.

This plan identity (EIN 411760754, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $995M to $1.2B (+19.4%) while covered participants moved from 5,476 to 5,638 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,476 $995M Open filing
2023 5,480 $1.1B This page
2024 · index core 5,638 $1.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan assets move in 2023?
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan grew at a solid clip - up 11.4% during 2023, from $995M to $1.1B. Reported net income was $112M.
How have Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s sponsor-wide assets grew 19.4%, from $995M to $1.2B.
Where does Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan rank by assets among Form 5500 filers?
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Arkema Inc. Employees' Retirement Savings (401(k)) Plan in PA ($1.1B, 2,978 participants).

Next read for Electrical Workers Local No. 292 Defined…

Filing takeaways

Ways to act on Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan's numbers.

  • By total assets, Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s sponsor-wide assets have grown 19.4% since 2022 across 3 plan years on file. More Construction plans