Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Board of Trustees Alaska Electrical Pension Fund Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
3,898
Participants Above avg headcount
99th
Percentile by assets National rank
$531,713
Avg per participant High balance/head
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Official DOL plan name: Alaska Electrical Pension Plan · Sponsored by Joint Board of Trustees Alaska Electrical Pension Fund · Alaska · Construction

$2.1B in assets, 3,898 participants

Joint Board of Trustees Alaska Electrical Pension Fund's Alaska Electrical Pension Plan reported $2.1B in total assets and 3,898 participants in its 2024 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.

  • #8,985 in Construction (9,039 peers)

Coverage in Alaska

Alaska Electrical Pension Plan covers 3,898 participants in Alaska, 8.1x the typical Alaska plan (state average ~481 per filing). Assets: $2.1B.

#8,985
in Construction (9,039 peers)
+2.1%
assets growth YoY
21×
vs typical plan assets (national mean)

Alaska Electrical Pension Plan's outsized position by total assets

Alaska Electrical Pension Plan vs every filed plan by assets

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

$2,072,617,155 Top 1% higher than 99% of 123,620 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 2024

Alaska Electrical Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alaska Electrical Pension Plan lands in the large band (3,898 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Alaska Electrical Pension Plan reported net income rose from $346K in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Alaska Electrical Pension Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.1B in the plan year 2024 filing.
  • Alaska Electrical Pension Plan reported participants rose from 3,863 in the plan year 2023 filing to 3,898 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 926005171 · Joint Board of Trustees Alaska Electrical Pension Fund PY 2024 · Defined Benefit (Pension)

Alaska Electrical Pension Plan · $2.1B · 3,898 · 99th

  • BOOK $2.1B
  • VS-ST 3,898
  • BOY 99th
  • SCH Defined Benefit (Pension)
  • EBSA near The Northwestern Mutual Life Insurance Company Agents Retirement Plan
  • PART ind #8985

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 Alaska →

Alaska Electrical Pension Plan in the asset neighbourhood

The Northwestern Mutual Life Insurance Company Agents Retirement PlanThe Northwestern Mutual Life…$2.1BNavy Federal Credit Union Employees' Retirement PlanNavy Federal Credit Union Em…$2.1BLinde U.S. Pension Plan$2.1BAlaska Electrical Pension PlanAlaska Electrical Pension Pl…$2.1BNational Grid USA Companies Final Average Pay Pension PlanNational Grid USA Companies …$2.1B
End-of-year total assets ($B) among Alaska Electrical Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Alaska filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.0B
Net Income$19M
Employer EIN926005171
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees Alaska Electrical Pension Fund)

Sponsor-wide plan assets over time

All Joint Board of Trustees Alaska Electrical Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$2.3B 2.826961490414046% vs 2022
2024 filing year
$2.2B$2.25B$2.3B$2.35B 202220232024 $2.26B $2.32B ▲ +2.7%
Year Plans Participants Total Assets
2022 2 5,999 $2.3B
2023 2 6,300 $2.3B
2024 2 6,426 $2.3B

Nearby Defined Benefit (Pension) Plans in Alaska

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

Alaska Electrical Pension Plan vs. nearby Defined Benefit (Pension) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Alaska Electrical Pension Plan, Total assets ($B): 2.072617155 · Participants: 3898Alaska Electrical Pension PlanAlaska Teamster-Employer Pension Trust, Total assets ($B): 0.53419704 · Participants: 3901Alaska Teamster-Employer Pension TrustGlobal Defined Benefit Retirement Plan, Total assets ($B): 0.181829861 · Participants: 130Global Defined Benefit Retirement PlanAlyeska Pipeline Service Company Pension Plan for Operating Company Employees, Total assets ($B): 0.160153603 · Participants: 668Alyeska Pipeline Service Company Pension Plan for Operating Company EmployeesGolden Valley Electric Association Retirement Plan, Total assets ($B): 0.09938627 · Participants: 99Golden Valley Electric Association Retirement PlanAlaska Ironworkers Pension Plan, Total assets ($B): 0.09786838 · Participants: 123Alaska Ironworkers Pension Plan
Alaska Electrical Pension Plan vs. nearby Defined Benefit (Pension) plans in Alaska, assets vs. participants

Alaska Electrical Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alaska, the nearest Defined Benefit (Pension) by assets is The Northwestern Mutual Life Insurance Company Agents Retirement Plan in WI ($2.1B); by covered participants it is Michigan Carpenters' Pension Fund in MI (3,894 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,898 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Alaska Electrical Pension Plan assets move in 2024?
Alaska Electrical Pension Plan edged up modestly - up 2.1% during 2024, from $2.0B to $2.1B. Reported net income was $19M.
How have Joint Board of Trustees Alaska Electrical Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Joint Board of Trustees Alaska Electrical Pension Fund's sponsor-wide assets grew 2.8%, from $2.3B to $2.3B.
Where does Alaska Electrical Pension Plan rank by assets among Form 5500 filers?
Alaska Electrical Pension Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Alaska Electrical Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Northwestern Mutual Life Insurance Company Agents Retirement Plan in WI ($2.1B, 7,653 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Alaska Electrical Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Michigan Carpenters' Pension Fund in MI (3,894 participants, $774M in assets).