Money Purchase · DOL Form 5500 · 2022
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Money Purchase Plan
Data updated 2026-08-11
- $33M
- Total assets
- 1,391
- Participants
- 84th
- Percentile by assets
- $23,698
- Avg per participant
Official DOL plan name: IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan · Sponsored by B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity · Arizona · Construction
$33M in assets, 1,391 participants
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan reported $33M in total assets and 1,391 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 139,126 plans)
- #8,213 in Construction (9,927 peers)
Coverage in Arizona
IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan covers 1,391 participants in Arizona, 2.5x the typical Arizona plan (state average ~564 per filing). Assets: $33M.
- $33M
- total plan assets (2022 EOY)
- 1,391
- covered participants
- 84th
- percentile by assets (of 139,126 plans)
- $23,698
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Arizona filers
In Arizona, the average filing covers about 564 participants across 2,304 plans. IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan reports 1,391 participants - 2.5x that state average ($33M EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $33M |
| Net Income | -$5M |
| Employer EIN | 866089862 |
| Plan Effective Date | 1996-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,970 | $132M |
| 2023 | 2 | 2,018 | $149M |
| 2024 | 2 | 2,064 | $161M |
Nearby Money Purchase Plans in Arizona
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan vs. nearby Money Purchase plans in Arizona, assets vs. participants
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan $101M · 3,763
- The Institute for Supply Management Tiaa-Cref Retirement Plan No. 1 $14M · 47
- Operative Plasterers and Cement Masons Local 394 Defined Contribution Plan $13M · 538
- Benjamin E. Myers Money Purchase Pension Plan and Trust $8M · 1
- Lexington Medical Associates, Inc. Money Purchase Pension Plan $8M · N/A
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan by total assets, not by location.
- Gould Investors L.P. Pension Plan (NY) $33M · 23
- Mdrc Pension Plan (NY) $33M · 246
- Pipe Fitters Local Union #211 Defined Contribution Retirement Plan (TX) $33M · 3,698
- Union Hospital Money Purchase Retirement Plan (OH) $33M · 1,079
Frequently Asked Questions
How did IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan assets move in 2022? ▼
How have B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity plan assets changed over time? ▼
Where does IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan? ▼
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Filing takeaways
Ways to act on IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan's numbers.
- By total assets, IBEW Local 570 & 518 and Southern Az Chap NECA Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Arizona. Compare plans
- B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's sponsor-wide assets have grown 22.6% since 2022 across 3 plan years on file. More Construction plans