401(k) · DOL Form 5500 · 2022

Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne 401(k) Plan

Data updated 2026-08-11

$401M
Total assets
3,236
Participants
97th
Percentile by assets
$123,806
Avg per participant
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Official DOL plan name: Western Pennsylvania Electrical Employees Deferred Compensation Plan · Sponsored by Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne · Pennsylvania · Construction

$401M in assets, 3,236 participants

Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's Western Pennsylvania Electrical Employees Deferred Compensation Plan reported $401M in total assets and 3,236 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #9,642 in Construction (9,927 peers)

Coverage in Pennsylvania

Western Pennsylvania Electrical Employees Deferred Compensation Plan covers 3,236 participants in Pennsylvania, 3.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $401M.

$401M
total plan assets (2022 EOY)
3,236
covered participants
97th
percentile by assets (of 139,126 plans)
$123,806
avg assets per participant

The plan reported a net loss of $77M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Western Pennsylvania Electrical Employees Deferred Compensation Plan sits by total assets

Western Pennsylvania Electrical Employees Deferred Compensation Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$400,635,562 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,010,000,000 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 2022

State
Pennsylvania
Industry
Construction

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Western Pennsylvania Electrical Employees Deferred Compensation Plan reports 3,236 participants - 3.9x that state average ($401M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$478M
Net Assets (End of Year)$401M
Net Income-$77M
Employer EIN251368983
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne)

$350M$400M$450M$500M$550M 202220232024 $401M $496M ▲ +23.9%
Total plan assets by year, all Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plans on file
Year Plans Participants Total Assets
2022 1 3,236 $401M
2023 1 3,460 $451M
2024 1 3,623 $496M

Nearby 401(k) Plans in Pennsylvania

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

Western Pennsylvania Electrical Employees Deferred Compensation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Western Pennsylvania Electrical Employees Deferred Compensation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Western Pennsylvania…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Western Pennsylvania Electrical Employees Deferred Compensation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Western Pennsylvania Electrical Employee… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Western Pennsylvania Electrical Employees Deferred Compensation Plan by total assets, not by location.

Frequently Asked Questions

How did Western Pennsylvania Electrical Employees Deferred Compensation Plan assets move in 2022? ▼
Western Pennsylvania Electrical Employees Deferred Compensation Plan declined sharply - down 16.2% during 2022, from $478M to $401M. Reported net income was -$77M.
How have Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's sponsor-wide assets grew 23.9%, from $401M to $496M.
Where does Western Pennsylvania Electrical Employees Deferred Compensation Plan rank by assets among Form 5500 filers? ▼
Western Pennsylvania Electrical Employees Deferred Compensation Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Western Pennsylvania Electrical Employees Deferred Compensation Plan? ▼
Among 401(k) plans in other states, the closest by assets is The B & W Thrift Plan in OH ($401M, 657 participants).

Next read for Western Pennsylvania Electrical Employee…

Filing takeaways

Ways to act on Western Pennsylvania Electrical Employees Deferred Compensation Plan's numbers.

  • By total assets, Western Pennsylvania Electrical Employees Deferred Compensation Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's sponsor-wide assets have grown 23.9% 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 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251368983.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.