401(k) · DOL Form 5500 · 2023

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan 401(k) Plan

Data updated 2026-08-25

$553M
Total assets Above avg plan size
8,015
Participants Very large workforce
98th
Percentile by assets National rank
$69,002
Avg per participant Below avg balance/head
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Official DOL plan name: Puget Sound Electrical Workers 401(k) Savings Plan · Sponsored by Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan · Washington · Construction

$553M in assets, 8,015 participants

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's Puget Sound Electrical Workers 401(k) Savings Plan reported $553M in total assets and 8,015 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,799 in Construction (9,030 peers)

Coverage in Washington

Puget Sound Electrical Workers 401(k) Savings Plan covers 8,015 participants in Washington, 5.4x the typical Washington plan (state average ~1,476 per filing). Assets: $553M.

#8,799
in Construction (9,030 peers)
+21.9%
assets growth YoY
5.5×
vs typical plan assets (national mean)

Puget Sound Electrical Workers 401(k) Savings Plan's outsized position by total assets

Puget Sound Electrical Workers 401(k) Savings Plan vs every filed plan by assets

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

$553,048,013 Top 2% higher than 98% 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

Puget Sound Electrical Workers 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Puget Sound Electrical Workers 401(k) Savings Plan lands in the large band (8,015 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Puget Sound Electrical Workers 401(k) Savings Plan reported net income rose from $22M in the plan year 2022 filing to $99M in the plan year 2023 filing.
  • Puget Sound Electrical Workers 401(k) Savings Plan end-of-year assets rose from $454M in the plan year 2022 filing to $553M in the plan year 2023 filing.
  • Puget Sound Electrical Workers 401(k) Savings Plan reported participants rose from 7,976 in the plan year 2022 filing to 8,015 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 916180326 · Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan PY 2023 · 401(k)

Puget Sound Electrical Workers 401(k) Savings Plan · $553M · 8,015 · 98th

  • BOY $553M
  • BOY 8,015
  • BOY 98th
  • BOY 401(k)
  • BOY near Paul Weiss Rifkind Wharton & Garrison LLP Cash or Deferred Plan
  • BOY ind #8799

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 Washington →

Puget Sound Electrical Workers 401(k) Savings Plan in the asset neighbourhood

Air Methods Corporation 401(k) PlanAir Methods Corporation 401(…$553MPaul Weiss Rifkind Wharton & Garrison LLP Cash or Deferred PlanPaul Weiss Rifkind Wharton &…$553MPuget Sound Electrical Workers 401(k) Savings PlanPuget Sound Electrical Worke…$553MTokyo Electron Retirement PlanTokyo Electron Retirement Pl…$553MNatwest Markets Retirement Savings PlanNatwest Markets Retirement S…$553M
End-of-year total assets ($M) among Puget Sound Electrical Workers 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$454M
Net Assets (End of Year)$553M
Net Income$99M
Employer EIN916180326
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan)

Sponsor-wide plan assets over time

All Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plans reported in each filing year

Latest sponsor-wide plan assets
$622M 37.1451008176077% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $454M $622M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 7,976 $454M
2023 1 8,015 $553M
2024 1 7,951 $622M

Nearby 401(k) Plans in Washington

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

Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Puget Sound Electrical Workers 401(k) Savings Plan, Total assets ($B): 0.553048013 · Participants: 8015Puget Sound Electrical Workers 401(k) Savings PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Puget Sound Electrical Workers 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Puget Sound Electrical Workers 401(k) Savings Plan

Puget Sound Electrical Workers 401(k) Savings Plan reports $553M in end-of-year assets across 8,015 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $69,002 per participant (50% of the national average assets-per-participant) . Net income for plan year 2023 was $99M.

This plan identity (EIN 916180326, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $454M to $622M (+37.1%) while covered participants moved from 7,976 to 7,951 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,976 $454M Open filing
2023 8,015 $553M This page
2024 · index core 7,951 $622M Open filing

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

Puget Sound Electrical Workers 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Paul Weiss Rifkind Wharton & Garrison LLP Cash or Deferred Plan in NY ($553M); by covered participants it is Occidental Petroleum Corporation Savings Plan in TX (8,018 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($553M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,015 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 Puget Sound Electrical Workers 401(k) Savings Plan assets move in 2023? ▼
Puget Sound Electrical Workers 401(k) Savings Plan grew sharply - up 21.9% during 2023, from $454M to $553M. Reported net income was $99M.
How have Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's sponsor-wide assets grew 37.1%, from $454M to $622M.
Where does Puget Sound Electrical Workers 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Puget Sound Electrical Workers 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Puget Sound Electrical Workers 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paul Weiss Rifkind Wharton & Garrison LLP Cash or Deferred Plan in NY ($553M, 2,035 participants).
Which 401(k) plans cover a similar participant headcount to Puget Sound Electrical Workers 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Occidental Petroleum Corporation Savings Plan in TX (8,018 participants, $3.3B in assets).

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 916180326.

Read our methodology - how this data is sourced, computed, and verified.

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