Profit Sharing · DOL Form 5500 · 2022
Board of Trustees of the Noe Annuity Plan Profit Sharing Plan
Data updated 2026-08-11
- $66M
- Total assets
- 1,451
- Participants
- 90th
- Percentile by assets
- $45,310
- Avg per participant
Official DOL plan name: New Orleans Electrical Annuity Plan · Sponsored by Board of Trustees of the Noe Annuity Plan · Tennessee · Construction
$66M in assets, 1,451 participants
Board of Trustees of the Noe Annuity Plan's New Orleans Electrical Annuity Plan reported $66M in total assets and 1,451 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,126 plans)
- #8,785 in Construction (9,927 peers)
Where New Orleans Electrical Annuity Plan sits by assets
New Orleans Electrical Annuity Plan sits in the top 10% of all filed plans by assets, $66M for 1,451 participants (~$45,310/participant), down 13.8% in 2022.
- $66M
- total plan assets (2022 EOY)
- 1,451
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $45,310
- avg assets per participant
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
New Orleans Electrical Annuity Plan vs the 2022 asset distribution
By assets, New Orleans Electrical Annuity Plan outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $76M |
|---|---|
| Net Assets (End of Year) | $66M |
| Net Income | -$10M |
| Employer EIN | 721417592 |
| Plan Effective Date | 1997-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Noe Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,451 | $66M |
| 2023 | 1 | 1,475 | $77M |
| 2024 | 1 | 1,393 | $88M |
Nearby Profit Sharing Plans in Tennessee
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
New Orleans Electrical Annuity Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
- Ballad Health 401(a) Plan $463M · 5,937
- Shreveport Electrical Industry Profit Sharing Plan $77M · 740
- Ulps Employee Savings Plan $54M · 236
- University School of Nashville Retirement Plan $34M · 209
- Iron Workers District Council of Tennessee Valley and Vicinity Annuity Plan $33M · 4,009
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to New Orleans Electrical Annuity Plan by total assets, not by location.
- Mercedes-Benz Financial Services USA LLC Retirement Plan (MI) $66M · 663
- St. Louis-Kansas City Carpenters Regional Annuity (MO) $66M · 20,920
- Southern Illinois Laborers & Employers Annuity Fund (IL) $66M · 1,069
- Iron Workers Local Union No. 404 Annuity Fund (PA) $66M · 1,858
Frequently Asked Questions
How did New Orleans Electrical Annuity Plan assets move in 2022? ▼
How have Board of Trustees of the Noe Annuity Plan plan assets changed over time? ▼
Where does New Orleans Electrical Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to New Orleans Electrical Annuity Plan? ▼
Next read for New Orleans Electrical Annuity Plan
Scale reading
Ways to act on New Orleans Electrical Annuity Plan's numbers.
- By total assets, New Orleans Electrical Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
- Board of Trustees of the Noe Annuity Plan's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Construction plans