401(k) · DOL Form 5500 · 2024
Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW 401(k) Plan
Data updated 2026-08-25
- $112M
- Total assets Near avg plan size
- 1,001
- Participants Near avg headcount
- 91st
- Percentile by assets National rank
- $111,490
- Avg per participant Below avg balance/head
Official DOL plan name: Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs · Sponsored by Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW · Minnesota · Construction
$112M in assets, 1,001 participants
Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW's Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs reported $112M in total assets and 1,001 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- #8,101 in Construction (9,039 peers)
Where Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs sits by assets
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs sits in the top 10% of all filed plans by assets, $112M for 1,001 participants (~$111,490/participant), up 8.7% in 2024.
- #8,101
- in Construction (9,039 peers)
- +8.7%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs's outsized position by total assets
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$111,601,046 Top 9% higher than 91% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs'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. Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs lands in the large band (1,001 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
- Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs end-of-year assets rose from $103M in the plan year 2023 filing to $112M in the plan year 2024 filing.
- Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs reported participants rose from 975 in the plan year 2023 filing to 1,001 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 386234993 · Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW PY 2024 · 401(k)
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs · $112M · 1,001 · 91st
- EOY $112M
- 5500 1,001
- ASSETS 91st
- PCT 401(k)
- EIN near Cleaver-Brooks Inc. Retirement and Savings Plan
- RANK ind #8101
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 Minnesota →
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $103M |
|---|---|
| Net Assets (End of Year) | $112M |
| Net Income | $9M |
| Employer EIN | 386234993 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW)
Sponsor-wide plan assets over time
All Board of Trustees of the Pen. Plan for the Local Union No. 131 IBEW plans reported in each filing year
- Latest sponsor-wide plan assets
- $112M 21.7233132862587% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 975 | $92M |
| 2023 | 1 | 975 | $103M |
| 2024 | 1 | 1,001 | $112M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Pension Plan for the Local Union No. 131 International Brotherhood of Electrical Wrkrs's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Cleaver-Brooks Inc. Retirement and Savings Plan in GA ($112M); by covered participants it is Aurora Flight Sciences Corporation 401(k) Plan in VA (1,001 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($112M here).
- Cleaver-Brooks Inc. Retirement and Savings Plan (GA) $112M · 956
- Nelson Irrigation Corporation 401(k) and Profit Sharing Plan (WA) $112M · 203
- 1st Franklin Financial 401(k) Retirement Plan (GA) $112M · 1,680
- Coalfire Systems, Inc. 401(k) Plan (IL) $112M · 976
Similar participant headcount
Nearest other-state filings by covered participants (1,001 participants); asset peers above are excluded.
- Aurora Flight Sciences Corporation 401(k) Plan (VA) 1,001 · 0 off
- Employees' Savings Plan of Beck's Superior Hybrids, Inc. (IN) 1,001 · 0 off
- Trinidad Benham Corp. Qualified Employee Savings Plan (CO) 1,001 · 0 off
- Cambrex Corporation Savings Plan (NJ) 1,001 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.