401(k) · DOL Form 5500 · 2024

Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) 401(k) Plan

Data updated 2026-07-24

$1.2B
Total assets
5,638
Participants
99th
Percentile by assets
$210,698
Avg per participant
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Official DOL plan name: Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan · Sponsored by Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) · Minnesota · Construction

$1.2B in assets, 5,638 participants

Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reported $1.2B in total assets and 5,638 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in Minnesota

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan covers 5,638 participants in Minnesota, 4.9x the typical Minnesota plan (state average ~1,161 per filing). Assets: $1.2B.

$1.2B
total plan assets (2024 EOY)
5,638
covered participants
99th
percentile by assets (of 116,472 plans)
$210,698
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reported net income fell from $112M in the plan year 2023 filing to $80M in the plan year 2024 filing.
  • Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reported participants rose from 5,480 in the plan year 2023 filing to 5,638 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan reports 5,638 participants - 4.9x that state average ($1.2B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$80M
Employer EIN411760754
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees Electrical Workers Local No.292 Defined Contribution and 401(k))

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.99B $1.19B ▲ +20.2%
Total plan assets by year, all Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) plans on file
Year Plans Participants Total Assets
2022 1 5,476 $995M
2023 1 5,480 $1.1B
2024 1 5,638 $1.2B

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Electrical Workers L…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan assets move in 2024?
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan grew at a solid clip - up 7.2% during 2024, from $1.1B to $1.2B. Reported net income was $80M.
How have Trustees Electrical Workers Local No.292 Defined Contribution and 401(k) plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s sponsor-wide assets grew 19.4%, from $995M to $1.2B.
Where does Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan rank by assets among Form 5500 filers?
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Yahoo 401(k) Savings Plan in NY ($1.2B, 4,480 participants).

Next read for Electrical Workers Local No. 292 Defined…

Filing takeaways

Ways to act on Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan's numbers.

  • By total assets, Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Trustees Electrical Workers Local No.292 Defined Contribution and 401(k)'s sponsor-wide assets have grown 19.4% 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 411760754.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.