Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-06

$923M
Total assets: 3,028
Participants: 98th
Percentile by assets: $304,712
Avg per participant

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.

98th percentile by assets (of 116,472 plans)

Coverage in Michigan

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW covers 3,028 participants in Michigan, 4.8x the typical Michigan plan (state average ~632 per filing). Assets: $923M.

$923M
total plan assets (2024 EOY): 3,028
covered participants: 98th
percentile by assets (of 116,472 plans): $304,712
avg assets per participant

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 →

State

Michigan

Industry

Construction

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW reports 3,028 participants - 4.8x that state average ($923M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$888M
Net Assets (End of Year)	$920M
Net Income	$53M
Employer EIN	386080404
Plan Effective Date	1959-10-07
Filing Status	FILING RECEIVED

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

Total plan assets by year, all The Board of Trustees of the Electrical Workers Pension Trust plans on file

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

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
Fca US LLC Pension Plan $3.7B · 2,267

Compare Electrical Workers Pension Trust Fund of… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW by total assets, not by location.

Agere Systems Pension Plan (PA) $922M · 128
Suburban Teamsters of Northern Illinois Pension Plan (IL) $922M · 3,044
Westinghouse Electric Company Pension Plan (PA) $924M · 2,390
Honeywell Retirement Earnings Plan for Aerospace Employees of Honeywell Federal Manufacturing & Technologies, LLC (NC) $920M · 846

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 116,472 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).

Next read for Electrical Workers Pension Trust Fund of…

Filing takeaways

Ways to act on Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW's numbers.

By total assets, Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW ranks in the top 5% 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
The Board of Trustees of the Electrical Workers Pension Trust's sponsor-wide assets have grown 15.4% 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 386080404.

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.