Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees IBEW Local No 461 Variable Pension Plan Pension Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
250
Participants Below avg headcount
47th
Percentile by assets National rank
$26,421
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local No 461 Variable Pension Plan · Sponsored by Board of Trustees IBEW Local No 461 Variable Pension Plan · Michigan · Construction

$7M in assets, 250 participants

Board of Trustees IBEW Local No 461 Variable Pension Plan's IBEW Local No 461 Variable Pension Plan reported $7M in total assets and 250 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,132 in Construction (9,039 peers)

Coverage in Michigan

IBEW Local No 461 Variable Pension Plan covers 250 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $7M.

#4,132
in Construction (9,039 peers)
+89.7%
assets growth YoY

IBEW Local No 461 Variable Pension Plan's mid-pack asset rank among Construction and all filers

IBEW Local No 461 Variable Pension Plan vs every filed plan by assets

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

$6,605,231 47th percentile higher than 47% 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

IBEW Local No 461 Variable Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local No 461 Variable Pension Plan sits mid-pack in the medium band (250 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local No 461 Variable Pension Plan end-of-year assets rose from $3M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • IBEW Local No 461 Variable Pension Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • IBEW Local No 461 Variable Pension Plan reported participants rose from 220 in the plan year 2023 filing to 250 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 882709599 · Board of Trustees IBEW Local No 461 Variable Pension Plan PY 2024 · Defined Benefit (Pension)

IBEW Local No 461 Variable Pension Plan · $7M · 250 · 47th

  • BOY $7M
  • SCH 250
  • EBSA 47th
  • PART Defined Benefit (Pension)
  • TYPE near Clumeck Stern Schenkelberg & Getzoff Defined Benefit Pension Plan
  • NET ind #4132

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 461 Variable Pension Plan in the asset neighbourhood

Pension Plan of Homasote CompanyPension Plan of Homasote Com…$7MGem State Radiology Cash Balance Plan #2Gem State Radiology Cash Bal…$7MKenneth Goldberg Defined Benefit PlanKenneth Goldberg Defined Ben…$7MIBEW Local No 461 Variable Pension PlanIBEW Local No 461 Variable P…$7MClumeck Stern Schenkelberg & Getzoff Defined Benefit Pension PlanClumeck Stern Schenkelberg &…$7M
End-of-year total assets ($M) among IBEW Local No 461 Variable Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$6M
Net Income$3M
Employer EIN882709599
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees IBEW Local No 461 Variable Pension Plan)

Sponsor-wide plan assets over time

All Board of Trustees IBEW Local No 461 Variable Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$7M 447.58845669186894% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $1.21M $6.61M ▲ +446.3%
Year Plans Participants Total Assets
2022 1 N/A $1M
2023 1 220 $3M
2024 1 250 $7M

Nearby Defined Benefit (Pension) Plans in Michigan

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

IBEW Local No 461 Variable Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants IBEW Local No 461 Variable Pension Plan, Total assets ($B): 0.006605231 · Participants: 250IBEW Local No 461 Variable 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
IBEW Local No 461 Variable Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare IBEW Local No 461 Variable Pension Plan side-by-side with 3 peers →

IBEW Local No 461 Variable Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Clumeck Stern Schenkelberg & Getzoff Defined Benefit Pension Plan in CA ($7M); by covered participants it is Southern Region of Teamsters Pension Plan in TX (250 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (250 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 IBEW Local No 461 Variable Pension Plan assets move in 2024? ▼
IBEW Local No 461 Variable Pension Plan surged - up 89.7% during 2024, from $3M to $7M. Reported net income was $3M.
How have Board of Trustees IBEW Local No 461 Variable Pension Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees IBEW Local No 461 Variable Pension Plan's sponsor-wide assets grew 447.6%, from $1M to $7M.
Which Defined Benefit (Pension) plans are similar in size to IBEW Local No 461 Variable Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Clumeck Stern Schenkelberg & Getzoff Defined Benefit Pension Plan in CA ($7M, 7 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local No 461 Variable Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southern Region of Teamsters Pension Plan in TX (250 participants, $40M in assets).

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 882709599.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.