Nevada › Finance and insurance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Apr 2024 to 31 Mar 2025
Eighth District Electrical Pension Fund
Sponsored by Board of Trustees, Eighth District Electrical Pension, Las Vegas, NV
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Eighth District Electrical Pension Fund is a defined benefit pension plan sponsored by Board of Trustees, Eighth District Electrical Pension of Las Vegas, Nevada. For the plan year ending 31 Mar 2025 it reported 21,064 participants, 11,261 of them active, and net assets of $1.25B. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $59,451 per participant, well below the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and well below the $119,983 median for defined benefit plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $86.1M for the year ($7,649 per active participant) and benefits paid were $70.5M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 15 service provider organisations paid $5,000 or more, with reported compensation of $5.6M: $264 per participant, above the same-size median of $232. Administrative expenses charged to the plan were $6.6M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $553M in 2009 to $1.25B in 2024 (up 126%), and participants from 14,338 to 21,064 (up 47%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $59,451 | $87,623 | $119,983 | $86,221 |
| Employer contributions per active participant | $7,649 | $9,468 | $7,849 | $10,244 |
| Schedule C compensation per participant | $264 | $232 | $352 | $344 |
| Schedule C compensation, share of net assets | 0.44% | 0.30% | 0.32% | 0.42% |
| Administrative expenses per participant | $314 | $396 | $433 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), finance and insurance (690) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 21,064 | $1.25B | $59,451 | $86.1M | — | $5.6M |
| 2023 | 20,078 | $1.20B | $59,566 | $75.1M | — | $4.5M |
| 2022 | 19,448 | $1.07B | $55,150 | $66.4M | — | $5.1M |
| 2021 | 18,824 | $1.12B | $59,598 | $61.0M | — | $5.7M |
| 2020 | 18,954 | $1.09B | $57,545 | $53.5M | — | $5.0M |
| 2019 | 18,117 | $874M | $48,246 | $52.6M | — | $4.6M |
| 2018 | 16,743 | $910M | $54,353 | $44.7M | — | $4.5M |
| 2017 | 16,147 | $893M | $55,289 | $40.5M | — | $4.4M |
| 2016 | 16,431 | $837M | $50,948 | $39.3M | — | $4.1M |
| 2015 | 15,873 | $775M | $48,830 | $35.9M | — | $4.0M |
| 2014 | 15,422 | $801M | $51,952 | $35.3M | — | $3.7M |
| 2013 | 14,776 | $770M | $52,140 | $32.7M | — | $3.7M |
| 2012 | 14,680 | $697M | $47,482 | $36.9M | — | $3.5M |
| 2011 | 14,309 | $639M | $44,675 | $32.6M | — | $5.0M |
| 2010 | 14,339 | $626M | $43,660 | $33.4M | — | $4.7M |
| 2009 | 14,338 | $553M | $38,576 | $32.9M | — | $4.4M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$1,195,970,991
- Employer contributions$86,137,371
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$86,137,371
- Total income, including investment results$133,412,009
- Benefits paid$70,479,221
- Administrative expenses$6,619,804
- Total expenses$77,099,025
- Net income$56,312,984
- Net transfers$0
- Net assets, end of year$1,252,283,975
Participants
- Active participants11,261
- Retired or separated, receiving benefits4,136
- Retired or separated, entitled to future benefits4,742
- Participants with account balances0
- Total participants, end of year21,064
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Loomis Sayles Trust Company | Investment management | $617,958 | $0 |
| Ullico Investment Advisors Inc. | Investment management | $512,302 | $0 |
| Sierra Investment Partners, Inc. | Investment management | $490,706 | $0 |
| Benesys, Inc. | Claims processing; Contract Administrator | $374,323 | $0 |
| Cooke & Bieler, L.P. | Investment management | $370,684 | $0 |
| Aristotle Capital Management, LLC | Investment management | $362,163 | $0 |
| Pgim Investments | Investment management | $344,485 | $0 |
| AllianceBernstein L.P. | Investment management | $296,002 | $0 |
| Asb Capital Management, LLC | Trustee (bank, trust company, or similar financial institution); Investment management | $234,550 | $0 |
| Newtower Trust Company | Investment management | $222,186 | $0 |
| U.S. Bank N.A. | Custodial (securities); Other services | $221,243 | $0 |
| Intercontinental US Real Estate Inv | Investment management | $221,114 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$4,282,035
- Other administrative expenses$1,095,615
- Contract administrator fees$374,323
- Trustee and custodial fees$221,243
- Legal fees$215,888
- Recordkeeping fees$145,656
- Actuarial fees$122,594
- Other trustee fees and expenses$93,310
- IQPA audit fees$69,140
- Total administrative expenses$6,619,804
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$301M · 23.5%
- Common/collective trusts$287M · 22.4%
- Corporate stocks$270M · 21.1%
- U.S. Government securities$114M · 8.9%
- 103-12 investment entities$93.4M · 7.3%
- Partnership/joint venture interests$84.4M · 6.6%
- Corporate debt instruments$66.5M · 5.2%
- Cash (interest and non-interest bearing)$43.1M · 3.4%
- Receivables$19.7M · 1.5%
- Other investments$462K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmMiller Kaplan Arase LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 525100: Insurance & Employee Benefit Funds.
Other plans of Board of Trustees, Eighth District Electrical Pension
| Plan | Participants | Net assets |
|---|---|---|
| Eighth District Electrical Pension Fund Annuity Plan | 24,505 | $1.30B |
Similar plans in Nevada
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| United Brotherhood of Carpenters Pension Fund United States Segment | United Brotherhood of Carpenters Pension Fund | 4,562 | $1.07B | $234,052 |
| Silver State Schools Credit Union Defined Benefit Plan | Silver State Schools Credit Union | 222 | $19.0M | $85,493 |
Defined benefit plans in finance and insurance closest in size.
Questions and answers
How big is Eighth District Electrical Pension Fund?
21,064 participants at the end of the plan year ending 31 Mar 2025, of whom 11,261 were active employees, with net assets of $1,252,283,975. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Board of Trustees, Eighth District Electrical Pension contribute per participant?
The filing reports $86,137,371 in employer contributions for the year, which is $7,649 per active participant; the median for plans of the same type and size was $9,468 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $5,561,433 in compensation to service provider organisations, $264 per participant or 0.44% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $6,619,804. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees, Eighth District Electrical Pension. Recordkeeping or administration: Benesys, Inc.. Investment advisory or management: Loomis Sayles Trust Company, Ullico Investment Advisors Inc. and Sierra Investment Partners, Inc.. Trustee or custodian: Asb Capital Management, LLC and U.S. Bank N.A.. The financial statements were audited by Miller Kaplan Arase LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Apr 2024 to 31 Mar 2025, received by the Department of Labor on 13 Jan 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 84-6100393, plan 001, received 13 Jan 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.