Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees of Michigan Electrical Employees' Pension Fund Pension Plan

Data updated 2026-08-25

$545M
Total assets Above avg plan size
2,102
Participants Near avg headcount
97th
Percentile by assets National rank
$259,198
Avg per participant Above avg balance/head
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Official DOL plan name: Michigan Electrical Employees' Pension Plan · Sponsored by Trustees of Michigan Electrical Employees' Pension Fund · Michigan · Construction

$545M in assets, 2,102 participants

Trustees of Michigan Electrical Employees' Pension Fund's Michigan Electrical Employees' Pension Plan reported $545M in total assets and 2,102 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,783 in Construction (9,039 peers)

Coverage in Michigan

Michigan Electrical Employees' Pension Plan covers 2,102 participants in Michigan, 3.3x the typical Michigan plan (state average ~638 per filing). Assets: $545M.

#8,783
in Construction (9,039 peers)
+8.8%
assets growth YoY
5.5×
vs typical plan assets (national mean)

Michigan Electrical Employees' Pension Plan's outsized position by total assets

Michigan Electrical Employees' Pension Plan vs every filed plan by assets

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

$544,834,846 Top 3% higher than 97% 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

Michigan Electrical Employees' Pension Plan'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. Michigan Electrical Employees' Pension Plan lands in the large band (2,102 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Electrical Employees' Pension Plan reported net income fell from $58M in the plan year 2023 filing to $45M in the plan year 2024 filing.
  • Michigan Electrical Employees' Pension Plan end-of-year assets rose from $501M in the plan year 2023 filing to $545M in the plan year 2024 filing.
  • Michigan Electrical Employees' Pension Plan reported participants rose from 2,019 in the plan year 2023 filing to 2,102 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 386233977 · Trustees of Michigan Electrical Employees' Pension Fund PY 2024 · Defined Benefit (Pension)

Michigan Electrical Employees' Pension Plan · $545M · 2,102 · 97th

  • BOOK $545M
  • BOOK 2,102
  • BOOK 97th
  • BOOK Defined Benefit (Pension)
  • BOOK near Metal Lathers Local 46 Pension Fund
  • BOOK ind #8783

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 →

Michigan Electrical Employees' Pension Plan in the asset neighbourhood

New Jersey Building Laborers Statewide Pension FundNew Jersey Building Laborers…$546MCarefirst, Inc. Retirement PlanCarefirst, Inc. Retirement P…$546MMetal Lathers Local 46 Pension FundMetal Lathers Local 46 Pensi…$545MMichigan Electrical Employees' Pension PlanMichigan Electrical Employee…$545MTenth Amended & Restated Owens-Illinois Hourly Retirement PlanTenth Amended & Restated Owe…$544M
End-of-year total assets ($M) among Michigan Electrical Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$501M
Net Assets (End of Year)$543M
Net Income$45M
Employer EIN386233977
Plan Effective Date1964-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Michigan Electrical Employees' Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Michigan Electrical Employees' Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$545M 23.476863612034617% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $441M $545M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 2,053 $441M
2023 1 2,019 $501M
2024 1 2,102 $545M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michigan Electrical Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -1001020304050 Total assets ($B) Participants Michigan Electrical Employees' Pension Plan, Total assets ($B): 0.544834846 · Participants: 2102Michigan Electrical Employees' Pension PlanGeneral 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
Michigan Electrical Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Michigan Electrical Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Metal Lathers Local 46 Pension Fund in NY ($545M); by covered participants it is Trustage Pension Plan for Non-Represented Employees in WI (2,107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($545M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,102 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 Michigan Electrical Employees' Pension Plan assets move in 2024?
Michigan Electrical Employees' Pension Plan grew at a solid clip - up 8.8% during 2024, from $501M to $545M. Reported net income was $45M.
How have Trustees of Michigan Electrical Employees' Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of Michigan Electrical Employees' Pension Fund's sponsor-wide assets grew 23.5%, from $441M to $545M.
Where does Michigan Electrical Employees' Pension Plan rank by assets among Form 5500 filers?
Michigan Electrical Employees' Pension Plan ranks in the 97th 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 Michigan Electrical Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Metal Lathers Local 46 Pension Fund in NY ($545M, 874 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michigan Electrical Employees' Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Trustage Pension Plan for Non-Represented Employees in WI (2,107 participants, $591M in assets).