401(k) · DOL Form 5500 · 2024

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan 401(k) Plan

Data updated 2026-08-25

$622M
Total assets Above avg plan size
7,951
Participants Very large workforce
98th
Percentile by assets National rank
$78,268
Avg per participant Below avg balance/head
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Official DOL plan name: Puget Sound Electrical Workers 401(k) Savings Plan · Sponsored by Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan · Washington · Construction

$622M in assets, 7,951 participants

Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's Puget Sound Electrical Workers 401(k) Savings Plan reported $622M in total assets and 7,951 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,819 in Construction (9,039 peers)

Coverage in Washington

Puget Sound Electrical Workers 401(k) Savings Plan covers 7,951 participants in Washington, 5.4x the typical Washington plan (state average ~1,476 per filing). Assets: $622M.

#8,819
in Construction (9,039 peers)
+12.5%
assets growth YoY
6.2×
vs typical plan assets (national mean)

Puget Sound Electrical Workers 401(k) Savings Plan's outsized position by total assets

Puget Sound Electrical Workers 401(k) Savings Plan vs every filed plan by assets

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

$622,308,825 Top 2% higher than 98% 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

Puget Sound Electrical Workers 401(k) Savings 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. Puget Sound Electrical Workers 401(k) Savings Plan lands in the large band (7,951 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Puget Sound Electrical Workers 401(k) Savings Plan reported net income fell from $99M in the plan year 2023 filing to $69M in the plan year 2024 filing.
  • Puget Sound Electrical Workers 401(k) Savings Plan end-of-year assets rose from $553M in the plan year 2023 filing to $622M in the plan year 2024 filing.
  • Puget Sound Electrical Workers 401(k) Savings Plan reported participants fell from 8,015 in the plan year 2023 filing to 7,951 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 916180326 · Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan PY 2024 · 401(k)

Puget Sound Electrical Workers 401(k) Savings Plan · $622M · 7,951 · 98th

  • EBSA $622M
  • EBSA 7,951
  • EBSA 98th
  • EBSA 401(k)
  • EBSA near The Quikrete Companies Profit Sharing and Tax Deferred Plan
  • EBSA ind #8819

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 Washington →

Puget Sound Electrical Workers 401(k) Savings Plan in the asset neighbourhood

D.a. Davidson Companies Retirement Savings and Profit Sharing PlanD.a. Davidson Companies Reti…$623MPuget Sound Electrical Workers 401(k) Savings PlanPuget Sound Electrical Worke…$622MThe Quikrete Companies Profit Sharing and Tax Deferred PlanThe Quikrete Companies Profi…$622MIeee, Inc. Savings and Investment PlanIeee, Inc. Savings and Inves…$622MAscensus, LLC 401(k) Savings PlanAscensus, LLC 401(k) Savings…$622M
End-of-year total assets ($M) among Puget Sound Electrical Workers 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$553M
Net Assets (End of Year)$622M
Net Income$69M
Employer EIN916180326
Plan Effective Date1989-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan)

Sponsor-wide plan assets over time

All Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plans reported in each filing year

Latest sponsor-wide plan assets
$622M 37.1451008176077% vs 2022
2024 filing year
$400M$500M$600M$700M 202220232024 $454M $622M ▲ +37.1%
Year Plans Participants Total Assets
2022 1 7,976 $454M
2023 1 8,015 $553M
2024 1 7,951 $622M

Nearby 401(k) Plans in Washington

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

Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Puget Sound Electrical Workers 401(k) Savings Plan, Total assets ($B): 0.622308825 · Participants: 7951Puget Sound Electrical Workers 401(k) Savings PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Puget Sound Electrical Workers 401(k) Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Puget Sound Electrical Workers 401(k) Savings Plan

Puget Sound Electrical Workers 401(k) Savings Plan reports $622M in end-of-year assets across 7,951 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $78,268 per participant (57% of the national average assets-per-participant) . Net income for plan year 2024 was $69M.

This plan identity (EIN 916180326, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $454M to $622M (+37.1%) while covered participants moved from 7,976 to 7,951 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,976 $454M Open filing
2023 8,015 $553M Open filing
2024 · index core 7,951 $622M This page

Puget Sound Electrical Workers 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is The Quikrete Companies Profit Sharing and Tax Deferred Plan in GA ($622M); by covered participants it is Centerpoint Energy Savings Plan in TX (7,950 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,951 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 Puget Sound Electrical Workers 401(k) Savings Plan assets move in 2024? ▼
Puget Sound Electrical Workers 401(k) Savings Plan grew at a solid clip - up 12.5% during 2024, from $553M to $622M. Reported net income was $69M.
How have Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan's sponsor-wide assets grew 37.1%, from $454M to $622M.
Where does Puget Sound Electrical Workers 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Puget Sound Electrical Workers 401(k) Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Puget Sound Electrical Workers 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Quikrete Companies Profit Sharing and Tax Deferred Plan in GA ($622M, 12,489 participants).
Which 401(k) plans cover a similar participant headcount to Puget Sound Electrical Workers 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centerpoint Energy Savings Plan in TX (7,950 participants, $2.1B in assets).