Defined Benefit (Pension) · DOL Form 5500 · 2022
B of T IBEW Local 640 Chapter NECA DB Pension Plan Pension Plan
Data updated 2026-08-25
- $174M
- Total assets Near avg plan size
- 1,710
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $101,835
- Avg per participant Below avg balance/head
Official DOL plan name: IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan · Sponsored by B of T IBEW Local 640 Chapter NECA DB Pension Plan · Arizona · Construction
$174M in assets, 1,710 participants
B of T IBEW Local 640 Chapter NECA DB Pension Plan's IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan reported $174M in total assets and 1,710 participants in its 2022 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.
- #9,360 in Construction (9,927 peers)
Coverage in Arizona
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan covers 1,710 participants in Arizona, 3.0x the typical Arizona plan (state average ~564 per filing). Assets: $174M.
- #9,360
- in Construction (9,927 peers)
- -11.4%
- assets change YoY
- 1.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan's outsized position by total assets
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$174,137,552 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan lands in the large band (1,710 participants).
DOL schedule card
Filing strip 860323980 · B of T IBEW Local 640 Chapter NECA DB Pension Plan PY 2022 · Defined Benefit (Pension)
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan · $174M · 1,710 · 95th
- PCT $174M
- EIN 1,710
- RANK 95th
- PHOTO Defined Benefit (Pension)
- IND near Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund
- EOY ind #9360
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 Arizona →
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $197M |
|---|---|
| Net Assets (End of Year) | $173M |
| Net Income | -$23M |
| Employer EIN | 860323980 |
| Plan Effective Date | 1970-12-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (B of T IBEW Local 640 Chapter NECA DB Pension Plan)
Sponsor-wide plan assets over time
All B of T IBEW Local 640 Chapter NECA DB Pension Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $366M 33.09544432964613% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,473 | $275M |
| 2023 | 2 | 5,629 | $320M |
| 2024 | 2 | 7,794 | $366M |
Nearby Defined Benefit (Pension) Plans in Arizona
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Pinnacle West Capital Corporation Retirement Plan $3.2B · 5,840
- Salt River Project Employees' Retirement Plan $2.5B · 4,802
- Freeport Minerals Corporation Retirement Plan $1.4B · 2,788
- Desert States Employers & Ufcw Unions Pension Plan $960M · 25,673
- Avnet Pension Plan $591M · 2,609
IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Arizona, the nearest Defined Benefit (Pension) by assets is Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund in IN ($174M); by covered participants it is Pension Plan for Employees of American Water Works Company, Inc. & Its Designated Subsidiaries in NJ (1,707 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($174M here).
- Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund (IN) $174M · 846
- Link-Belt Construction Equipment Company Employees' Retirement Plan (KY) $174M · 111
- Electrician's Retirement Fund (NY) $174M · 1,597
- Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United (NY) $174M · 2,220
Similar participant headcount
Nearest other-state filings by covered participants (1,710 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.