Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Puget Sound Electrical Workers Pension Trust Pension Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 4,852
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $274,081
- Avg per participant High balance/head
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.
- #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.
- #8,936
- in Construction (9,039 peers)
- +5.9%
- assets growth YoY
- 13×
- vs typical plan assets (national mean)
Puget Sound Electrical Workers Pension Plan's outsized position by total assets
Puget Sound Electrical Workers Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,329,841,727 Top 1% higher than 99% of 123,620 filed plans
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 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. Puget Sound Electrical Workers Pension Plan lands in the large band (4,852 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Published 5500 schedule card
Filing strip 916180333 · Board of Trustees, Puget Sound Electrical Workers Pension Trust PY 2024 · Defined Benefit (Pension)
Puget Sound Electrical Workers Pension Plan · $1.3B · 4,852 · 99th
- PART $1.3B
- PART 4,852
- PART 99th
- PART Defined Benefit (Pension)
- PART near Relx Inc. US Retirement Plan
- PART ind #8936
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 Pension Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees, Puget Sound Electrical Workers Pension Trust plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 20.21165230559596% vs 2022
- 2024 filing year
| 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.
- 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
Puget Sound Electrical Workers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Washington, the nearest Defined Benefit (Pension) by assets is Relx Inc. US Retirement Plan in NY ($1.3B); by covered participants it is Baker Hughes Company Pension Plan in TX (4,861 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (4,852 participants); asset peers above are excluded.
- Baker Hughes Company Pension Plan (TX) 4,861 · 9 off
- Northern Light Health Retirement Partnership Plan (ME) 4,838 · 14 off
- Ufcw Local 1262 & Employers Pension Fund (NJ) 4,882 · 30 off
- Heating, Piping and Refrigeration Pension Fd Pension Fund (MD) 4,817 · 35 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.