Defined Benefit (Pension) · DOL Form 5500 · 2024

The Board of Trustees of the Electrical Workers Pension Trust Pension Plan

Data updated 2026-08-25

$923M
Total assets Above avg plan size
3,028
Participants Above avg headcount
98th
Percentile by assets National rank
$304,712
Avg per participant High balance/head
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Official DOL plan name: Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW · Sponsored by The Board of Trustees of the Electrical Workers Pension Trust · Michigan · Construction

$923M in assets, 3,028 participants

The Board of Trustees of the Electrical Workers Pension Trust's Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported $923M in total assets and 3,028 participants in its 2024 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.

  • #8,891 in Construction (9,039 peers)

Coverage in Michigan

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW covers 3,028 participants in Michigan, 4.7x the typical Michigan plan (state average ~638 per filing). Assets: $923M.

#8,891
in Construction (9,039 peers)
+3.8%
assets growth YoY
9.3×
vs typical plan assets (national mean)

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's outsized position by total assets

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW vs every filed plan by assets

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

$922,666,970 Top 2% higher than 98% 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

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW'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. Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW lands in the large band (3,028 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported net income fell from $69M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW end-of-year assets rose from $888M in the plan year 2023 filing to $923M in the plan year 2024 filing.
  • Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reported participants rose from 2,976 in the plan year 2023 filing to 3,028 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 386080404 · The Board of Trustees of the Electrical Workers Pension Trust PY 2024 · Defined Benefit (Pension)

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW · $923M · 3,028 · 98th

  • BOOK $923M
  • BOOK 3,028
  • BOOK 98th
  • BOOK Defined Benefit (Pension)
  • BOOK near Agere Systems Pension Plan
  • BOOK ind #8891

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 →

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW in the asset neighbourhood

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEWElectrical Workers Pension T…$923MAgere Systems Pension Plan$922MWestern Connecticut Health Network Pension PlanWestern Connecticut Health N…$922MAmeriprise Financial Retirement PlanAmeriprise Financial Retirem…$922MSuburban Teamsters of Northern Illinois Pension PlanSuburban Teamsters of Northe…$922M
End-of-year total assets ($M) among Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$888M
Net Assets (End of Year)$920M
Net Income$53M
Employer EIN386080404
Plan Effective Date1959-10-07
Filing StatusFILING RECEIVED

Sponsor Plan History (The Board of Trustees of the Electrical Workers Pension Trust)

Sponsor-wide plan assets over time

All The Board of Trustees of the Electrical Workers Pension Trust plans reported in each filing year

Latest sponsor-wide plan assets
$923M 15.399463119016179% vs 2022
2024 filing year
$750M$800M$850M$900M$950M 202220232024 $800M $923M ▲ +15.4%
Year Plans Participants Total Assets
2022 1 2,913 $800M
2023 1 2,976 $888M
2024 1 3,028 $923M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 050001000015000200002500030000 -1001020304050 Total assets ($B) Participants Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW, Total assets ($B): 0.92266697 · Participants: 3028Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEWGeneral 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
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Agere Systems Pension Plan in PA ($922M); by covered participants it is Georgia Stevedore Association International Longshoremen's Association Pension Plan in GA (3,044 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($923M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,028 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 Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW assets move in 2024?
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW edged up modestly - up 3.8% during 2024, from $888M to $923M. Reported net income was $53M.
How have The Board of Trustees of the Electrical Workers Pension Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), The Board of Trustees of the Electrical Workers Pension Trust's sponsor-wide assets grew 15.4%, from $800M to $923M.
Where does Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW rank by assets among Form 5500 filers?
Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Agere Systems Pension Plan in PA ($922M, 128 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Georgia Stevedore Association International Longshoremen's Association Pension Plan in GA (3,044 participants, $832M in assets).