Defined Benefit (Pension) · DOL Form 5500 · 2024

Michigan Upper Peninsula IBEW Pension Plan

Data updated 2026-08-11

$103M
Total assets: 256
Participants: 91st
Percentile by assets: $400,833
Avg per participant

Official DOL plan name: Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan · Sponsored by Michigan Upper Peninsula IBEW · Michigan · Construction

$103M in assets, 256 participants

Michigan Upper Peninsula IBEW's Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan reported $103M in total assets and 256 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 123,622 plans)
#8,058 in Construction (9,039 peers)

Coverage in Michigan

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan covers 256 participants in Michigan, about 40% of the average Michigan filer (state average ~638 per filing). Assets: $103M.

$103M
total plan assets (2024 EOY): 256
covered participants: 91st
percentile by assets (of 123,622 plans): $400,833
avg assets per participant

Where Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan sits by total assets

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$102,613,250 Top 9% higher than 91% of 123,620 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan end-of-year assets rose from $90M in the plan year 2023 filing to $103M in the plan year 2024 filing.
Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan reported net income rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan reports 256 participants - about 40% of that state average ($103M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$90M
Net Assets (End of Year)	$103M
Net Income	$13M
Employer EIN	363020872
Plan Effective Date	1978-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Michigan Upper Peninsula IBEW)

Total plan assets by year, all Michigan Upper Peninsula IBEW plans on file

Year	Plans	Participants	Total Assets
2022	1	255	$78M
2023	1	255	$90M
2024	1	256	$103M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

General Motors Hourly-Rate Employees Pension Plan $42.5B · 15,648
Ford Motor Company UAW Retirement Plan $17.8B · 25,742
Ford Motor Company General Retirement Plan $12.1B · 8,585
Dow Employees' Pension Plan $10.9B · 6,888
Fca US LLC UAW Pension Agreement $10.3B · 12,752

Compare Michigan Upper Peninsula Intrl Brotherho… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan by total assets, not by location.

Teamsters Local Union No. 716 Pension Plan (IN) $103M · 744
Blue Diamond Growers Employees Pension Plan (CA) $103M · 113
Studio Mechanics Local 476 Iatse Retirement Plan (IL) $103M · 1,110
Wiltel Communications, LLC Pension Plan (NY) $103M · N/A

Frequently Asked Questions

How did Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan assets move in 2024? ▼

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan grew at a solid clip - up 14.1% during 2024, from $90M to $103M. Reported net income was $13M.

How have Michigan Upper Peninsula IBEW plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Michigan Upper Peninsula IBEW's sponsor-wide assets grew 31.1%, from $78M to $103M.

Where does Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan rank by assets among Form 5500 filers? ▼

Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local Union No. 716 Pension Plan in IN ($103M, 744 participants).

Next read for Michigan Upper Peninsula Intrl Brotherho…

Filing takeaways

Ways to act on Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan's numbers.

By total assets, Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Michigan. Compare plans
Michigan Upper Peninsula IBEW's sponsor-wide assets have grown 31.1% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363020872.