Profit Sharing · DOL Form 5500 · 2022

Board of Trustees of NECA-IBEW Memphis Retirement Plan Profit Sharing Plan

Data updated 2026-08-25

$184M
Total assets Near avg plan size
2,189
Participants Above avg headcount
95th
Percentile by assets National rank
$83,883
Avg per participant Below avg balance/head
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Official DOL plan name: NECA-IBEW Memphis Retirement Plan · Sponsored by Board of Trustees of NECA-IBEW Memphis Retirement Plan · Michigan · Construction

$184M in assets, 2,189 participants

Board of Trustees of NECA-IBEW Memphis Retirement Plan's NECA-IBEW Memphis Retirement Plan reported $184M in total assets and 2,189 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,387 in Construction (9,927 peers)

Coverage in Michigan

NECA-IBEW Memphis Retirement Plan covers 2,189 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $184M.

#9,387
in Construction (9,927 peers)
-2.8%
assets change YoY
1.8×
vs typical plan assets (national mean)

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.

NECA-IBEW Memphis Retirement Plan's outsized position by total assets

NECA-IBEW Memphis Retirement Plan vs every filed plan by assets

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

$183,620,617 Top 5% higher than 95% 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 Memphis Retirement 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 Memphis Retirement Plan lands in the large band (2,189 participants).

EBSA filing schedule strip

Filing strip 621256120 · Board of Trustees of NECA-IBEW Memphis Retirement Plan PY 2022 · Profit Sharing

NECA-IBEW Memphis Retirement Plan · $184M · 2,189 · 95th

  • PCT $184M
  • PCT 2,189
  • PCT 95th
  • PCT Profit Sharing
  • PCT near Airconditioning and Refrigeration Industry Defined Contribution Retirement Plan
  • PCT ind #9387

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 Michigan →

NECA-IBEW Memphis Retirement Plan in the asset neighbourhood

The Local 7 Tile Industry Annuity FundThe Local 7 Tile Industry An…$186MNECA-IBEW Memphis Retirement PlanNECA-IBEW Memphis Retirement…$184MAirconditioning and Refrigeration Industry Defined Contribution Retirement PlanAirconditioning and Refriger…$183MThe Richards Group, Inc. Profit Sharing and 401(k) PlanThe Richards Group, Inc. Pro…$183MConcurrent Technologies Corporation Retirement Savings PlanConcurrent Technologies Corp…$182M
End-of-year total assets ($M) among NECA-IBEW Memphis Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$189M
Net Assets (End of Year)$183M
Net Income-$5M
Employer EIN621256120
Plan Effective Date1982-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of NECA-IBEW Memphis Retirement Plan)

Sponsor-wide plan assets over time

All Board of Trustees of NECA-IBEW Memphis Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$230M 25.2502457281254% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $184M $230M ▲ +25.3%
Year Plans Participants Total Assets
2022 1 2,189 $184M
2023 1 2,389 $213M
2024 1 2,755 $230M

Nearby Profit Sharing Plans in Michigan

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

NECA-IBEW Memphis Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.52 Total assets ($B) Participants NECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.183620617 · Participants: 2189NECA-IBEW Memphis Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan
NECA-IBEW Memphis Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare NECA-IBEW Memphis Retirement Plan side-by-side with 3 peers →

NECA-IBEW Memphis Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Airconditioning and Refrigeration Industry Defined Contribution Retirement Plan in CA ($183M); by covered participants it is Ernst & Young Partnership Retirement (Hr-10) Plan in NJ (2,189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,189 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 Memphis Retirement Plan assets move in 2022? ▼
NECA-IBEW Memphis Retirement Plan edged down modestly - down 2.8% during 2022, from $189M to $184M. Reported net income was -$5M.
How have Board of Trustees of NECA-IBEW Memphis Retirement Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of NECA-IBEW Memphis Retirement Plan's sponsor-wide assets grew 25.3%, from $184M to $230M.
Where does NECA-IBEW Memphis Retirement Plan rank by assets among Form 5500 filers? ▼
NECA-IBEW Memphis Retirement Plan ranks in the 95th 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 Profit Sharing plans are similar in size to NECA-IBEW Memphis Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Airconditioning and Refrigeration Industry Defined Contribution Retirement Plan in CA ($183M, 2,834 participants).
Which Profit Sharing plans cover a similar participant headcount to NECA-IBEW Memphis Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Ernst & Young Partnership Retirement (Hr-10) Plan in NJ (2,189 participants, $2.2B 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 621256120.

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.