Defined Benefit (Pension) · DOL Form 5500 · 2024

Brotherhood of Maintenance of Way Employes Division of Ibt Pension Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
34
Participants Small participant base
76th
Percentile by assets National rank
$803,573
Avg per participant High balance/head
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Official DOL plan name: Brotherhood of Maintenance of Way Employes Pension Plan · Sponsored by Brotherhood of Maintenance of Way Employes Division of Ibt · Michigan · Transportation & Warehousing

$27M in assets, 34 participants

Brotherhood of Maintenance of Way Employes Division of Ibt's Brotherhood of Maintenance of Way Employes Pension Plan reported $27M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #2,485 in Transportation & Warehousing (3,299 peers)

Where Brotherhood of Maintenance of Way Employes Pension Plan sits by assets

Brotherhood of Maintenance of Way Employes Pension Plan sits in the top quartile of all filed plans by assets, $27M for 34 participants (~$803,573/participant), up 5.1% in 2024.

#2,485
in Transportation & Warehousing (3,299 peers)
+5.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Brotherhood of Maintenance of Way Employes Pension Plan's outsized position by total assets

Brotherhood of Maintenance of Way Employes Pension Plan vs every filed plan by assets

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

$27,321,467 Top 24% higher than 76% 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

Brotherhood of Maintenance of Way Employes Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brotherhood of Maintenance of Way Employes Pension Plan is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Brotherhood of Maintenance of Way Employes Pension Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Brotherhood of Maintenance of Way Employes Pension Plan end-of-year assets rose from $26M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Brotherhood of Maintenance of Way Employes Pension Plan reported participants fell from 35 in the plan year 2023 filing to 34 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 386004309 · Brotherhood of Maintenance of Way Employes Division of Ibt PY 2024 · Defined Benefit (Pension)

Brotherhood of Maintenance of Way Employes Pension Plan · $27M · 34 · 76th

  • BOY $27M
  • SCH 34
  • EBSA 76th
  • PART Defined Benefit (Pension)
  • TYPE near The Miami Corporation Management LLC Retirement Plan
  • NET ind #2485

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Brotherhood of Maintenance of Way Employes Pension Plan in the asset neighbourhood

American Postal Workers Union Health Plan Management Staff Pension PlanAmerican Postal Workers Unio…$27MBrotherhood of Maintenance of Way Employes Pension PlanBrotherhood of Maintenance o…$27MThe Miami Corporation Management LLC Retirement PlanThe Miami Corporation Manage…$27MI.B.E.W. Local 241 Pension PlanI.B.E.W. Local 241 Pension P…$27MIngevity Corporation Retirement Plan for Bargained Hourly EmployeesIngevity Corporation Retirem…$27M
End-of-year total assets ($M) among Brotherhood of Maintenance of Way Employes Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$27M
Net Income$1M
Employer EIN386004309
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brotherhood of Maintenance of Way Employes Division of Ibt)

Sponsor-wide plan assets over time

All Brotherhood of Maintenance of Way Employes Division of Ibt plans reported in each filing year

Latest sponsor-wide plan assets
$39M 16.29259899768913% vs 2022
2024 filing year
$32M$34M$36M$38M$40M 202220232024 $33.4M $38.9M ▲ +16.3%
Year Plans Participants Total Assets
2022 2 178 $33M
2023 2 160 $36M
2024 2 164 $39M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Brotherhood of Maintenance of Way Employes Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Brotherhood of Maintenance of Way Employes Pension Plan, Total assets ($B): 0.027321467 · Participants: 34Brotherhood of Maintenance of Way Employes Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Brotherhood of Maintenance of Way Employes Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Brotherhood of Maintenance of Way Employes Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is The Miami Corporation Management LLC Retirement Plan in IL ($27M); by covered participants it is The People's Credit Union Defined Benefit Plan and Trust in RI (34 participants). Same-state nearby plans are listed separately above.

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 Brotherhood of Maintenance of Way Employes Pension Plan assets move in 2024?
Brotherhood of Maintenance of Way Employes Pension Plan grew at a solid clip - up 5.1% during 2024, from $26M to $27M. Reported net income was $1M.
How have Brotherhood of Maintenance of Way Employes Division of Ibt plan assets changed over time?
Across 3 plan years on file (2022-2024), Brotherhood of Maintenance of Way Employes Division of Ibt's sponsor-wide assets grew 16.3%, from $33M to $39M.
Where does Brotherhood of Maintenance of Way Employes Pension Plan rank by assets among Form 5500 filers?
Brotherhood of Maintenance of Way Employes Pension Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Brotherhood of Maintenance of Way Employes Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Miami Corporation Management LLC Retirement Plan in IL ($27M, 47 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Brotherhood of Maintenance of Way Employes Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The People's Credit Union Defined Benefit Plan and Trust in RI (34 participants, $15M in assets).