Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Michiana Area Electrical Workers Pension Fund Pension Plan

Data updated 2026-08-25

$228M
Total assets Near avg plan size
838
Participants Near avg headcount
95th
Percentile by assets National rank
$272,215
Avg per participant High balance/head
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Official DOL plan name: Michiana Area Electrical Workers Pension Fund · Sponsored by Board of Trustees Michiana Area Electrical Workers Pension Fund · Michigan · Construction

$228M in assets, 838 participants

Board of Trustees Michiana Area Electrical Workers Pension Fund's Michiana Area Electrical Workers Pension Fund reported $228M in total assets and 838 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,495 in Construction (9,039 peers)

Where Michiana Area Electrical Workers Pension Fund sits by assets

Michiana Area Electrical Workers Pension Fund sits in the top 5% of all filed plans by assets, $228M for 838 participants (~$272,215/participant), up 10.5% in 2024.

#8,495
in Construction (9,039 peers)
+10.5%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Michiana Area Electrical Workers Pension Fund's outsized position by total assets

Michiana Area Electrical Workers Pension Fund vs every filed plan by assets

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

$228,115,772 Top 5% higher than 95% 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

Michiana Area Electrical Workers Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michiana Area Electrical Workers Pension Fund sits mid-pack in the medium band (838 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michiana Area Electrical Workers Pension Fund end-of-year assets rose from $206M in the plan year 2023 filing to $228M in the plan year 2024 filing.
  • Michiana Area Electrical Workers Pension Fund reported participants fell from 905 in the plan year 2023 filing to 838 in the plan year 2024 filing.
  • Michiana Area Electrical Workers Pension Fund reported net income rose from $18M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 356269273 · Board of Trustees Michiana Area Electrical Workers Pension Fund PY 2024 · Defined Benefit (Pension)

Michiana Area Electrical Workers Pension Fund · $228M · 838 · 95th

  • BOOK $228M
  • BOOK 838
  • BOOK 95th
  • BOOK Defined Benefit (Pension)
  • BOOK near Odyssey Reinsurance Company Restated Employees Retirement Plan
  • BOOK ind #8495

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 →

Michiana Area Electrical Workers Pension Fund in the asset neighbourhood

IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension PlanIBEW Local No 640 & Az Chapt…$229MOdyssey Reinsurance Company Restated Employees Retirement PlanOdyssey Reinsurance Company …$228MMichiana Area Electrical Workers Pension FundMichiana Area Electrical Wor…$228MNon-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Arizona Inc.Non-Contributory Retirement …$228MSchlage Lock Company LLC Pension PlanSchlage Lock Company LLC Pen…$228M
End-of-year total assets ($M) among Michiana Area Electrical Workers Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$206M
Net Assets (End of Year)$223M
Net Income$19M
Employer EIN356269273
Plan Effective Date1972-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Michiana Area Electrical Workers Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Michiana Area Electrical Workers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$228M 20.838721876824774% vs 2022
2024 filing year
$180M$200M$220M$240M 202220232024 $189M $228M ▲ +20.8%
Year Plans Participants Total Assets
2022 1 836 $189M
2023 1 905 $206M
2024 1 838 $228M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Michiana Area Electrical Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Michiana Area Electrical Workers Pension Fund, Total assets ($B): 0.228115772 · Participants: 838Michiana Area Electrical Workers Pension FundGeneral 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
Michiana Area Electrical Workers Pension Fund vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Michiana Area Electrical Workers Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Odyssey Reinsurance Company Restated Employees Retirement Plan in CT ($228M); by covered participants it is Lifespire Retirement Plan in NY (838 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (838 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 Michiana Area Electrical Workers Pension Fund assets move in 2024?
Michiana Area Electrical Workers Pension Fund grew at a solid clip - up 10.5% during 2024, from $206M to $228M. Reported net income was $19M.
How have Board of Trustees Michiana Area Electrical Workers Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Michiana Area Electrical Workers Pension Fund's sponsor-wide assets grew 20.8%, from $189M to $228M.
Where does Michiana Area Electrical Workers Pension Fund rank by assets among Form 5500 filers?
Michiana Area Electrical Workers Pension Fund ranks in the 95th 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 Michiana Area Electrical Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Odyssey Reinsurance Company Restated Employees Retirement Plan in CT ($228M, 201 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Michiana Area Electrical Workers Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lifespire Retirement Plan in NY (838 participants, $56M in assets).