Other · DOL Form 5500 · 2022

Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun Retirement Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
428
Participants Below avg headcount
89th
Percentile by assets National rank
$125,084
Avg per participant Near avg balance/head
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Official DOL plan name: NECA-IBEW Local Union 1701 Pension Benefit Trust Fund · Sponsored by Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun · Michigan · Finance & Insurance

$54M in assets, 428 participants

Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun's NECA-IBEW Local Union 1701 Pension Benefit Trust Fund reported $54M in total assets and 428 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,555 in Finance & Insurance (9,261 peers)

Where NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits by assets

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits in the top quartile of all filed plans by assets, $54M for 428 participants (~$125,084/participant), down 17.8% in 2022.

#7,555
in Finance & Insurance (9,261 peers)
-17.8%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund's outsized position by total assets

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund vs every filed plan by assets

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

$53,535,922 Top 11% higher than 89% 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

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund 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. NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits mid-pack in the medium band (428 participants).

DOL schedule card

Filing strip 610459923 · Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun PY 2022 · Other

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund · $54M · 428 · 89th

  • EOY $54M
  • EOY 428
  • EOY 89th
  • EOY Other
  • EOY near Friends Academy Defined Contribution Retirement Plan
  • EOY ind #7555

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 Finance & Insurance retirement plans → · Plans in Michigan →

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund in the asset neighbourhood

Regis College DC Retirement PlanRegis College DC Retirement …$54MNECA-IBEW Local Union 1701 Pension Benefit Trust FundNECA-IBEW Local Union 1701 P…$54MFriends Academy Defined Contribution Retirement PlanFriends Academy Defined Cont…$54MSt. George's School Defined Contribution Retirement PlanSt. George's School Defined …$54MWinsor School 403b Plan$53M
End-of-year total assets ($M) among NECA-IBEW Local Union 1701 Pension Benefit Trust Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$53M
Net Income-$12M
Employer EIN610459923
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun)

Sponsor-wide plan assets over time

All Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun plans reported in each filing year

Latest sponsor-wide plan assets
$73M 35.539453303895655% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $53.5M $72.6M ▲ +35.5%
Year Plans Participants Total Assets
2022 1 428 $54M
2023 1 414 $64M
2024 1 442 $73M

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants NECA-IBEW Local Union 1701 Pension Benefit Trust Fund, Total assets ($B): 0.053535922 · Participants: 428NECA-IBEW Local Union 1701 Pension Benefit Trust FundFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.271049081 · Participants: 17796Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.120620788 · Participants: 52211Fca US LLC UAW Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 2.34463562 · Participants: 26631Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.23567862 · Participants: 33585Beaumont Health 403(b) Retirement Savings PlanMclaren Employees' 403(b) Retirement Plan, Total assets ($B): 1.449747534 · Participants: 21255Mclaren Employees' 403(b) Retirement Plan
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund vs. nearby Other plans in Michigan, assets vs. participants
Compare NECA-IBEW Local Union 1701 Pension Benefit Trust Fund side-by-side with 3 peers →

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Friends Academy Defined Contribution Retirement Plan in NY ($54M); by covered participants it is Wofford College Defined Contribution Retirement Plan in SC (428 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (428 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 NECA-IBEW Local Union 1701 Pension Benefit Trust Fund assets move in 2022? ▼
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund declined sharply - down 17.8% during 2022, from $65M to $54M. Reported net income was -$12M.
How have Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun's sponsor-wide assets grew 35.5%, from $54M to $73M.
Where does NECA-IBEW Local Union 1701 Pension Benefit Trust Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund ranks in the 89th 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 Other plans are similar in size to NECA-IBEW Local Union 1701 Pension Benefit Trust Fund? ▼
Among Other plans in other states, the closest by assets is Friends Academy Defined Contribution Retirement Plan in NY ($54M, 188 participants).
Which Other plans cover a similar participant headcount to NECA-IBEW Local Union 1701 Pension Benefit Trust Fund? ▼
Among Other plans in other states, the closest by covered participants is Wofford College Defined Contribution Retirement Plan in SC (428 participants, $85M 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 610459923.

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.