401(k) · DOL Form 5500 · 2022

Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
510
Participants Below avg headcount
88th
Percentile by assets National rank
$93,701
Avg per participant Below avg balance/head
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Official DOL plan name: Local 231 IBEW Retirement Plan · Sponsored by Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust · Nebraska · Construction

$48M in assets, 510 participants

Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust's Local 231 IBEW Retirement Plan reported $48M in total assets and 510 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #8,536 in Construction (9,927 peers)

Where Local 231 IBEW Retirement Plan sits by assets

Local 231 IBEW Retirement Plan sits in the top quartile of all filed plans by assets, $48M for 510 participants (~$93,701/participant), down 8.6% in 2022.

#8,536
in Construction (9,927 peers)
-8.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 231 IBEW Retirement Plan's outsized position by total assets

Local 231 IBEW Retirement Plan vs every filed plan by assets

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

$47,787,380 Top 12% higher than 88% of 139,123 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 2022

Local 231 IBEW Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 231 IBEW Retirement Plan sits mid-pack in the medium band (510 participants).

Plan-year Form 5500 strip

Filing strip 421086362 · Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust PY 2022 · 401(k)

Local 231 IBEW Retirement Plan · $48M · 510 · 88th

  • PCT $48M
  • PCT 510
  • PCT 88th
  • PCT 401(k)
  • PCT near Derse, Inc. Retirement Savings Plan
  • PCT ind #8536

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 Nebraska →

Local 231 IBEW Retirement Plan in the asset neighbourhood

New York Mets Employee Savings PlanNew York Mets Employee Savin…$48MNew York Mets Employee Savings PlanNew York Mets Employee Savin…$48MDerse, Inc. Retirement Savings PlanDerse, Inc. Retirement Savin…$48MLocal 231 IBEW Retirement PlanLocal 231 IBEW Retirement Pl…$48MCoaction Specialty Insurance 401(k) PlanCoaction Specialty Insurance…$48M
End-of-year total assets ($M) among Local 231 IBEW Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$48M
Net Income-$4M
Employer EIN421086362
Plan Effective Date1977-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust)

Sponsor-wide plan assets over time

All Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust plans reported in each filing year

Latest sponsor-wide plan assets
$63M 32.683177022887634% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $47.8M $63.4M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 510 $48M
2023 1 522 $53M
2024 1 419 $63M

Nearby 401(k) Plans in Nebraska

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

Local 231 IBEW Retirement Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Local 231 IBEW Retirement Plan, Total assets ($B): 0.04778738 · Participants: 510Local 231 IBEW Retirement PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 4.974213701 · Participants: 9716Hdr, Inc. Best Plan and ESOPUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.028704333 · Participants: 5284Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 1.965449453 · Participants: 28974Union Pacific Agreement Employee 401(k) Retirement Thrift PlanPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 1.817293875 · Participants: 15777Peter Kiewit Sons, Inc. Retirement Savings PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.763501259 · Participants: 4605First National of Nebraska, Inc. First Savings Plan
Local 231 IBEW Retirement Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Local 231 IBEW Retirement Plan side-by-side with 3 peers →

Local 231 IBEW Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Nebraska, the nearest 401(k) by assets is Derse, Inc. Retirement Savings Plan in WI ($48M); by covered participants it is Quadion Retirement Investment Plan in MN (510 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (510 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Local 231 IBEW Retirement Plan assets move in 2022? ▼
Local 231 IBEW Retirement Plan pulled back noticeably - down 8.6% during 2022, from $52M to $48M. Reported net income was -$4M.
How have Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust's sponsor-wide assets grew 32.7%, from $48M to $63M.
Where does Local 231 IBEW Retirement Plan rank by assets among Form 5500 filers? ▼
Local 231 IBEW Retirement Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Local 231 IBEW Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Derse, Inc. Retirement Savings Plan in WI ($48M, 376 participants).
Which 401(k) plans cover a similar participant headcount to Local 231 IBEW Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Quadion Retirement Investment Plan in MN (510 participants, $58M in assets).

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 421086362.

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.