Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Puget Sound Electrical Workers Pension Trust Pension Plan

Data updated 2026-08-11

$1.3B
Total assets: 4,852
Participants: 99th
Percentile by assets: $274,081
Avg per participant

Official DOL plan name: Puget Sound Electrical Workers Pension Plan · Sponsored by Board of Trustees, Puget Sound Electrical Workers Pension Trust · Washington · Construction

$1.3B in assets, 4,852 participants

Board of Trustees, Puget Sound Electrical Workers Pension Trust's Puget Sound Electrical Workers Pension Plan reported $1.3B in total assets and 4,852 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 123,622 plans)
#8,936 in Construction (9,039 peers)

Coverage in Washington

Puget Sound Electrical Workers Pension Plan covers 4,852 participants in Washington, 3.3x the typical Washington plan (state average ~1,476 per filing). Assets: $1.3B.

$1.3B
total plan assets (2024 EOY): 4,852
covered participants: 99th
percentile by assets (of 123,622 plans): $274,081
avg assets per participant

Puget Sound Electrical Workers Pension Plan reported net income fell from $131M in the plan year 2023 filing to $72M in the plan year 2024 filing.
Puget Sound Electrical Workers Pension Plan reported participants fell from 5,292 in the plan year 2023 filing to 4,852 in the plan year 2024 filing.
Puget Sound Electrical Workers Pension Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Washington

Industry

Construction

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Puget Sound Electrical Workers Pension Plan reports 4,852 participants - 3.3x that state average ($1.3B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)	$1.3B
Net Assets (End of Year)	$1.3B
Net Income	$72M
Employer EIN	916180333
Plan Effective Date	1973-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees, Puget Sound Electrical Workers Pension Trust)

Total plan assets by year, all Board of Trustees, Puget Sound Electrical Workers Pension Trust plans on file

Year	Plans	Participants	Total Assets
2022	1	5,519	$1.1B
2023	1	5,292	$1.3B
2024	1	4,852	$1.3B

Nearby Defined Benefit (Pension) Plans in Washington

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

Puget Sound Electrical Workers Pension Plan vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Western Conference of Teamsters Pension Plan $56.4B · 231,156
The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
The Boeing Company Employee Retirement Plan $15.4B · 31,398
Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
Paccar Inc Retirement Plan $2.7B · 10,345

Compare Puget Sound Electrical Workers Pension P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Puget Sound Electrical Workers Pension Plan by total assets, not by location.

Relx Inc. US Retirement Plan (NY) $1.3B · 2,617
Thrivent Individual Pension Account Plan (MN) $1.3B · 4,467
Michigan Laborers' Pension Plan (MI) $1.3B · 9,786
International Union of Operating Engineers Local 4 Pension Fund (MA) $1.3B · 3,509

Frequently Asked Questions

How did Puget Sound Electrical Workers Pension Plan assets move in 2024? ▼

Puget Sound Electrical Workers Pension Plan grew at a solid clip - up 5.9% during 2024, from $1.3B to $1.3B. Reported net income was $72M.

How have Board of Trustees, Puget Sound Electrical Workers Pension Trust plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees, Puget Sound Electrical Workers Pension Trust's sponsor-wide assets grew 20.2%, from $1.1B to $1.3B.

Where does Puget Sound Electrical Workers Pension Plan rank by assets among Form 5500 filers? ▼

Puget Sound Electrical Workers Pension Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).

Which Defined Benefit (Pension) plans are similar in size to Puget Sound Electrical Workers Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Relx Inc. US Retirement Plan in NY ($1.3B, 2,617 participants).

Next read for Puget Sound Electrical Workers Pension P…

Filing takeaways

Ways to act on Puget Sound Electrical Workers Pension Plan's numbers.

By total assets, Puget Sound Electrical Workers Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Washington. Compare plans
Board of Trustees, Puget Sound Electrical Workers Pension Trust's sponsor-wide assets have grown 20.2% 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 916180333.