Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$190M
Total assets: 472
Participants: 94th
Percentile by assets: $401,890
Avg per participant

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.

94th percentile by assets (of 116,472 plans)

Coverage in Minnesota

Electrical Workers Pension Fund Part B covers 472 participants in Minnesota, about 41% of the average Minnesota filer (state average ~1,161 per filing). Assets: $190M.

$190M
total plan assets (2024 EOY): 472
covered participants: 94th
percentile by assets (of 116,472 plans): $401,890
avg assets per participant

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 →

State

Minnesota

Industry

Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Electrical Workers Pension Fund Part B reports 472 participants - about 41% of that state average ($190M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$170M
Net Assets (End of Year)	$190M
Net Income	$20M
Employer EIN	416052631
Plan Effective Date	1974-12-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees Electrical Workers Pension Fund - Part B plans on file

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

Pipe Trades Services Mn Pension Supplement Fund $1.8B · 6,017
Allina 403(b) Retirement Savings Plan $902M · 8,757
Fairview Health Services Pension Plan $644M · 4,702
Cargill Employee Retirement Account Plan $613M · 20,683
Regions Hospital Retirement Savings 401(k) Plan $602M · 6,323

Compare Electrical Workers Pension Fund Part B side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Electrical Workers Pension Fund Part B by total assets, not by location.

Lakeland Regional Medical Center Retirement Plan Trust (FL) $189M · 5,019
Scot Industries, Inc. Profit Sharing Trust (TX) $190M · 802
Strand Associates, Inc. Employees Profit Sharing Trust (WI) $190M · 505
The Hoffman Employee Retirement Income Plan (OR) $191M · 634

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 116,472 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).

Next read for Electrical Workers Pension Fund Part B

Filing takeaways

Ways to act on Electrical Workers Pension Fund Part B's numbers.

By total assets, Electrical Workers Pension Fund Part B ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Minnesota. Compare plans
Board of Trustees Electrical Workers Pension Fund - Part B's sponsor-wide assets have grown 25.8% 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 416052631.

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.