Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Electrical Workers Pension Fund - Part B Profit Sharing Plan

Data updated 2026-08-25

$190M
Total assets Near avg plan size
472
Participants Below avg headcount
94th
Percentile by assets National rank
$401,890
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Electrical Workers Pension Fund Part B · Sponsored by Board of Trustees Electrical Workers Pension Fund - Part B · Minnesota · Construction

$190M in assets, 472 participants

Board of Trustees Electrical Workers Pension Fund - Part B's Electrical Workers Pension Fund Part B reported $190M in total assets and 472 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,395 in Construction (9,039 peers)

Coverage in Minnesota

Electrical Workers Pension Fund Part B covers 472 participants in Minnesota, about 42% of the average Minnesota filer (state average ~1,126 per filing). Assets: $190M.

#8,395
in Construction (9,039 peers)
+11.7%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Electrical Workers Pension Fund Part B's outsized position by total assets

Electrical Workers Pension Fund Part B vs every filed plan by assets

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

$189,692,289 Top 6% higher than 94% 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 Fund Part B 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. Electrical Workers Pension Fund Part B sits mid-pack in the medium band (472 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Electrical Workers Pension Fund Part B reported net income fell from $23M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Electrical Workers Pension Fund Part B end-of-year assets rose from $170M in the plan year 2023 filing to $190M in the plan year 2024 filing.
  • Electrical Workers Pension Fund Part B reported participants fell from 504 in the plan year 2023 filing to 472 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 416052631 · Board of Trustees Electrical Workers Pension Fund - Part B PY 2024 · Profit Sharing

Electrical Workers Pension Fund Part B · $190M · 472 · 94th

  • VS-ST $190M
  • VS-ST 472
  • VS-ST 94th
  • VS-ST Profit Sharing
  • VS-ST near Lakeland Regional Medical Center Retirement Plan Trust
  • VS-ST ind #8395

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 →

Electrical Workers Pension Fund Part B in the asset neighbourhood

The Hoffman Employee Retirement Income PlanThe Hoffman Employee Retirem…$191MStrand Associates, Inc. Employees Profit Sharing TrustStrand Associates, Inc. Empl…$190MScot Industries, Inc. Profit Sharing TrustScot Industries, Inc. Profit…$190MElectrical Workers Pension Fund Part BElectrical Workers Pension F…$190MLakeland Regional Medical Center Retirement Plan TrustLakeland Regional Medical Ce…$189M
End-of-year total assets ($M) among Electrical Workers Pension Fund Part B and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$170M
Net Assets (End of Year)$190M
Net Income$20M
Employer EIN416052631
Plan Effective Date1974-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Electrical Workers Pension Fund - Part B)

Sponsor-wide plan assets over time

All Board of Trustees Electrical Workers Pension Fund - Part B plans reported in each filing year

Latest sponsor-wide plan assets
$365M 25.849332044868785% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $290M $365M ▲ +25.8%
Year Plans Participants Total Assets
2022 3 1,227 $290M
2023 3 1,324 $333M
2024 3 1,259 $365M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Electrical Workers Pension Fund Part B, Total assets ($B): 0.189692289 · Participants: 472Electrical Workers Pension Fund Part BPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Electrical Workers Pension Fund Part B vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Electrical Workers Pension Fund Part B's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Lakeland Regional Medical Center Retirement Plan Trust in FL ($189M); by covered participants it is St. Joseph Center 403(b) Plan in CA (472 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 Electrical Workers Pension Fund Part B assets move in 2024?
Electrical Workers Pension Fund Part B grew at a solid clip - up 11.7% during 2024, from $170M to $190M. Reported net income was $20M.
How have Board of Trustees Electrical Workers Pension Fund - Part B plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Electrical Workers Pension Fund - Part B's sponsor-wide assets grew 25.8%, from $290M to $365M.
Where does Electrical Workers Pension Fund Part B rank by assets among Form 5500 filers?
Electrical Workers Pension Fund Part B ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Electrical Workers Pension Fund Part B?
Among Profit Sharing plans in other states, the closest by assets is Lakeland Regional Medical Center Retirement Plan Trust in FL ($189M, 5,019 participants).
Which Profit Sharing plans cover a similar participant headcount to Electrical Workers Pension Fund Part B?
Among Profit Sharing plans in other states, the closest by covered participants is St. Joseph Center 403(b) Plan in CA (472 participants, $5M in assets).