401(k) · DOL Form 5500 · 2023
Board of Trustees of the IBEW Local No. 58 Annuity Fund 401(k) Plan
Data updated 2026-08-25
- $821M
- Total assets Above avg plan size
- 5,719
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $143,512
- Avg per participant Near avg balance/head
Official DOL plan name: IBEW Local No. 58 Annuity Fund · Sponsored by Board of Trustees of the IBEW Local No. 58 Annuity Fund · Michigan · Construction
$821M in assets, 5,719 participants
Board of Trustees of the IBEW Local No. 58 Annuity Fund's IBEW Local No. 58 Annuity Fund reported $821M in total assets and 5,719 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.
- #8,883 in Construction (9,030 peers)
Coverage in Michigan
IBEW Local No. 58 Annuity Fund covers 5,719 participants in Michigan, 9.0x the typical Michigan plan (state average ~638 per filing). Assets: $821M.
- #8,883
- in Construction (9,030 peers)
- +17.4%
- assets growth YoY
- 8.2×
- vs typical plan assets (national mean)
IBEW Local No. 58 Annuity Fund's outsized position by total assets
IBEW Local No. 58 Annuity Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$820,744,775 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
IBEW Local No. 58 Annuity Fund'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. IBEW Local No. 58 Annuity Fund lands in the large band (5,719 participants).
Form 5500 schedule snapshot
Filing strip 382749515 · Board of Trustees of the IBEW Local No. 58 Annuity Fund PY 2023 · 401(k)
IBEW Local No. 58 Annuity Fund · $821M · 5,719 · 98th
- ASSETS $821M
- ASSETS 5,719
- ASSETS 98th
- ASSETS 401(k)
- ASSETS near Splunk Inc. Retirement Plan
- ASSETS ind #8883
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 →
IBEW Local No. 58 Annuity Fund in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $699M |
|---|---|
| Net Assets (End of Year) | $820M |
| Net Income | $121M |
| Employer EIN | 382749515 |
| Plan Effective Date | 1987-06-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the IBEW Local No. 58 Annuity Fund)
Sponsor-wide plan assets over time
All Board of Trustees of the IBEW Local No. 58 Annuity Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $919M 31.46267677168003% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,560 | $699M |
| 2023 | 1 | 5,719 | $821M |
| 2024 | 1 | 5,385 | $919M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Scale composition for IBEW Local No. 58 Annuity Fund
IBEW Local No. 58 Annuity Fund reports $821M in end-of-year assets across 5,719 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $143,512 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $121M.
This plan identity (EIN 382749515, plan #002) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $821M to $919M (+12.0%) while covered participants moved from 5,719 to 5,385 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2023 | 5,719 | $821M | This page |
| 2024 · index core | 5,385 | $919M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- IBEW Local No. 58 Annuity Fund (401(k), $919M, 5,385 participants)
- IBEW Local No. 58 Annuity Fund (401(k), $699M, 5,560 participants)
IBEW Local No. 58 Annuity Fund's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Splunk Inc. Retirement Plan in CA ($821M); by covered participants it is Aurora Salary Deferred Savings Plan in NY (5,722 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($821M here).
- Splunk Inc. Retirement Plan (CA) $821M · 5,602
- Ansys, Inc. Employees' Retirement Program (PA) $820M · 2,309
- Pentair Inc Retirement Savings and Stock (MN) $822M · 5,714
- Sia Retirement Plan (IN) $819M · 5,489
Similar participant headcount
Nearest other-state filings by covered participants (5,719 participants); asset peers above are excluded.
- Aurora Salary Deferred Savings Plan (NY) 5,722 · 3 off
- Stewart 401(k) Savings Plan (TX) 5,715 · 4 off
- Mitchell International, Inc. 401(k) Savings Plan (CA) 5,724 · 5 off
- Ahmc Healthcare Inc. 401(k) Retirement Savings Plan (CA) 5,711 · 8 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.