401(k) · DOL Form 5500 · 2022

Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
1,250
Participants Near avg headcount
80th
Percentile by assets National rank
$19,740
Avg per participant Low balance/head
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Official DOL plan name: NECA - IBEW Local Union No. 584 Profit Sharing Plan · Sponsored by Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan · Texas · Construction

$25M in assets, 1,250 participants

Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan's NECA - IBEW Local Union No. 584 Profit Sharing Plan reported $25M in total assets and 1,250 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,883 in Construction (9,927 peers)

Where NECA - IBEW Local Union No. 584 Profit Sharing Plan sits by assets

NECA - IBEW Local Union No. 584 Profit Sharing Plan sits in the top quartile of all filed plans by assets, $25M for 1,250 participants (~$19,740/participant), down 11.5% in 2022.

#7,883
in Construction (9,927 peers)
-11.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

NECA - IBEW Local Union No. 584 Profit Sharing Plan's outsized position by total assets

NECA - IBEW Local Union No. 584 Profit Sharing Plan vs every filed plan by assets

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

$24,675,457 Top 20% higher than 80% 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 No. 584 Profit Sharing 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. NECA - IBEW Local Union No. 584 Profit Sharing Plan lands in the large band (1,250 participants).

EBSA filing schedule strip

Filing strip 731407442 · Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan PY 2022 · 401(k)

NECA - IBEW Local Union No. 584 Profit Sharing Plan · $25M · 1,250 · 80th

  • PCT $25M
  • PCT 1,250
  • PCT 80th
  • PCT 401(k)
  • PCT near Mid-State Truck Service, Inc. 401(k) Plan
  • PCT ind #7883

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 Texas →

NECA - IBEW Local Union No. 584 Profit Sharing Plan in the asset neighbourhood

NECA - IBEW Local Union No. 584 Profit Sharing PlanNECA - IBEW Local Union No. …$25MGoengineer, Inc. Retirement PlanGoengineer, Inc. Retirement …$25MMid-State Truck Service, Inc. 401(k) PlanMid-State Truck Service, Inc…$25MCape Environmental Management Inc Retirement Salary Savings PlanCape Environmental Managemen…$25MThe Wellness Pet Company Employee 401(k) PlanThe Wellness Pet Company Emp…$25M
End-of-year total assets ($M) among NECA - IBEW Local Union No. 584 Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$25M
Net Income-$3M
Employer EIN731407442
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan)

Sponsor-wide plan assets over time

All Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$33M 35.410148634734504% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.7M $33.4M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 1,250 $25M
2023 1 1,174 $29M
2024 1 1,133 $33M

Nearby 401(k) Plans in Texas

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

NECA - IBEW Local Union No. 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants NECA - IBEW Local Union No. 584 Profit Sharing Plan, Total assets ($B): 0.024675457 · Participants: 1250NECA - IBEW Local Union No. 584 Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
NECA - IBEW Local Union No. 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

NECA - IBEW Local Union No. 584 Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mid-State Truck Service, Inc. 401(k) Plan in WI ($25M); by covered participants it is Dayton-Heidelberg/Ohio Valley Wine 401(k) Plan in OH (1,250 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,250 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 No. 584 Profit Sharing Plan assets move in 2022?
NECA - IBEW Local Union No. 584 Profit Sharing Plan pulled back noticeably - down 11.5% during 2022, from $28M to $25M. Reported net income was -$3M.
How have Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan's sponsor-wide assets grew 35.4%, from $25M to $33M.
Where does NECA - IBEW Local Union No. 584 Profit Sharing Plan rank by assets among Form 5500 filers?
NECA - IBEW Local Union No. 584 Profit Sharing Plan ranks in the 80th 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 401(k) plans are similar in size to NECA - IBEW Local Union No. 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mid-State Truck Service, Inc. 401(k) Plan in WI ($25M, 233 participants).
Which 401(k) plans cover a similar participant headcount to NECA - IBEW Local Union No. 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Dayton-Heidelberg/Ohio Valley Wine 401(k) Plan in OH (1,250 participants, $90M in assets).