401(k) · DOL Form 5500 · 2022

Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement 401(k) Plan

Data updated 2026-08-11

$446M
Total assets
3,784
Participants
98th
Percentile by assets
$117,886
Avg per participant
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Official DOL plan name: Dakotas Areawide IBEW-NECA Savings and Retirement Plan · Sponsored by Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement · North Dakota · Construction

$446M in assets, 3,784 participants

Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's Dakotas Areawide IBEW-NECA Savings and Retirement Plan reported $446M in total assets and 3,784 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #9,676 in Construction (9,927 peers)

Coverage in North Dakota

Dakotas Areawide IBEW-NECA Savings and Retirement Plan covers 3,784 participants in North Dakota, 7.5x the typical North Dakota plan (state average ~504 per filing). Assets: $446M.

$446M
total plan assets (2022 EOY)
3,784
covered participants
98th
percentile by assets (of 139,126 plans)
$117,886
avg assets per participant

The plan reported a net loss of $92M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Dakotas Areawide IBEW-NECA Savings and Retirement Plan reports 3,784 participants - 7.5x that state average ($446M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$539M
Net Assets (End of Year)$445M
Net Income-$92M
Employer EIN450348980
Plan Effective Date1988-03-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement)

$400M$450M$500M$550M$600M 202220232024 $446M $583M ▲ +30.7%
Total plan assets by year, all Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement plans on file
Year Plans Participants Total Assets
2022 1 3,784 $446M
2023 1 3,853 $521M
2024 1 4,160 $583M

Nearby 401(k) Plans in North Dakota

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

Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 00.511.522.53 Total assets ($B) Participants Dakotas Areawide IBE…Sanford Retirement S…Mdu Resources Group,…Eide Bailly LLP 401(…Offutt Companies 401…Altru Health System …
Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Dakotas Areawide IBEW-NECA Savings and Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Dakotas Areawide IBEW-NECA Savings and Retirement Plan assets move in 2022?
Dakotas Areawide IBEW-NECA Savings and Retirement Plan declined sharply - down 17.3% during 2022, from $539M to $446M. Reported net income was -$92M.
How have Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's sponsor-wide assets grew 30.7%, from $446M to $583M.
Where does Dakotas Areawide IBEW-NECA Savings and Retirement Plan rank by assets among Form 5500 filers?
Dakotas Areawide IBEW-NECA Savings and Retirement Plan ranks in the 98th 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 Dakotas Areawide IBEW-NECA Savings and Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Caliber Newrez Family of Companies 401(k) Plan in TX ($446M, 11,989 participants).

Next read for Dakotas Areawide IBEW-NECA Savings and R…

Filing takeaways

Ways to act on Dakotas Areawide IBEW-NECA Savings and Retirement Plan's numbers.

  • By total assets, Dakotas Areawide IBEW-NECA Savings and Retirement 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 North Dakota. Compare plans
  • Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans