401(k) · DOL Form 5500 · 2023
Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan 401(k) Plan
Data updated 2026-08-11
- $553M
- Total assets
- 8,015
- Participants
- 98th
- Percentile by assets
- $69,002
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $553M
- total plan assets (2023 EOY)
- 8,015
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $69,002
- avg assets per participant
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.
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Puget Sound Electrical Workers 401(k) Savings Plan reports 8,015 participants - 5.4x that state average ($553M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $454M |
|---|---|
| Net Assets (End of Year) | $553M |
| Net Income | $99M |
| Employer EIN | 916180326 |
| Plan Effective Date | 1989-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan)
| 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
- The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
- Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
- Costco 401(k) Retirement Plan $33.4B · 192,744
- T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
- 401(k) Savings Plan $8.1B · 87,590
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 (401(k), $622M, 7,951 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Puget Sound Electrical Workers 401(k) Savings Plan by total assets, not by location.
- Paul Weiss Rifkind Wharton & Garrison LLP Cash or Deferred Plan (NY) $553M · 2,035
- Air Methods Corporation 401(k) Plan (CO) $553M · 4,817
- Tokyo Electron Retirement Plan (TX) $553M · 2,112
- Natwest Markets Retirement Savings Plan (CT) $553M · 266
Frequently Asked Questions
How did Puget Sound Electrical Workers 401(k) Savings Plan assets move in 2023? ▼
How have Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plan assets changed over time? ▼
Where does Puget Sound Electrical Workers 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Puget Sound Electrical Workers 401(k) Savings Plan? ▼
Next read for Puget Sound Electrical Workers 401(k) Sa…
Filing takeaways
Ways to act on Puget Sound Electrical Workers 401(k) Savings Plan's numbers.
- By total assets, Puget Sound Electrical Workers 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
- Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's sponsor-wide assets have grown 37.1% since 2022 across 3 plan years on file. More Construction plans