Profit Sharing · DOL Form 5500 · 2023

Trustees of NECA-IBEW 1205 Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
693
Participants Below avg headcount
85th
Percentile by assets National rank
$68,676
Avg per participant Below avg balance/head
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Official DOL plan name: NECA-IBEW 1205 Pension Fund · Sponsored by Trustees of NECA-IBEW 1205 Pension Fund · Florida · Construction

$48M in assets, 693 participants

Trustees of NECA-IBEW 1205 Pension Fund's NECA-IBEW 1205 Pension Fund reported $48M in total assets and 693 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,484 in Construction (9,030 peers)

Where NECA-IBEW 1205 Pension Fund sits by assets

NECA-IBEW 1205 Pension Fund sits in the top quartile of all filed plans by assets, $48M for 693 participants (~$68,676/participant), up 20.1% in 2023.

#7,484
in Construction (9,030 peers)
+20.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

NECA-IBEW 1205 Pension Fund's outsized position by total assets

NECA-IBEW 1205 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$47,592,295 Top 15% higher than 85% of 127,068 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 2023

NECA-IBEW 1205 Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA-IBEW 1205 Pension Fund sits mid-pack in the medium band (693 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • NECA-IBEW 1205 Pension Fund reported net income rose from -$7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • NECA-IBEW 1205 Pension Fund end-of-year assets rose from $40M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • NECA-IBEW 1205 Pension Fund reported participants fell from 714 in the plan year 2022 filing to 693 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 593106802 · Trustees of NECA-IBEW 1205 Pension Fund PY 2023 · Profit Sharing

NECA-IBEW 1205 Pension Fund · $48M · 693 · 85th

  • EBSA $48M
  • EBSA 693
  • EBSA 85th
  • EBSA Profit Sharing
  • EBSA near Ncqa Retirement Plan
  • EBSA ind #7484

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 Florida →

NECA-IBEW 1205 Pension Fund in the asset neighbourhood

Casa Colina, Inc. 403(b) Retirement PlanCasa Colina, Inc. 403(b) Ret…$48MWellons Group, Inc. Profit Sharing Plan and TrustWellons Group, Inc. Profit S…$48MPharmachem Laboratories, Inc. Profit Sharing PlanPharmachem Laboratories, Inc…$48MNECA-IBEW 1205 Pension Fund$48MNcqa Retirement Plan$47M
End-of-year total assets ($M) among NECA-IBEW 1205 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$48M
Net Income$8M
Employer EIN593106802
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of NECA-IBEW 1205 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of NECA-IBEW 1205 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$54M 35.06461239188906% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.6M $53.5M ▲ +35.0%
Year Plans Participants Total Assets
2022 1 714 $40M
2023 1 693 $48M
2024 1 757 $54M

Nearby Profit Sharing Plans in Florida

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

NECA-IBEW 1205 Pension Fund vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants NECA-IBEW 1205 Pension Fund, Total assets ($B): 0.047592295 · Participants: 693NECA-IBEW 1205 Pension FundRetirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)American Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution Plan
NECA-IBEW 1205 Pension Fund vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare NECA-IBEW 1205 Pension Fund side-by-side with 3 peers →

NECA-IBEW 1205 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Ncqa Retirement Plan in DC ($47M); by covered participants it is IBEW-NECA Retirement Plan in MO (693 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($48M here).

Similar participant headcount

Nearest other-state filings by covered participants (693 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did NECA-IBEW 1205 Pension Fund assets move in 2023? ▼
NECA-IBEW 1205 Pension Fund grew sharply - up 20.1% during 2023, from $40M to $48M. Reported net income was $8M.
How have Trustees of NECA-IBEW 1205 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW 1205 Pension Fund's sponsor-wide assets grew 35.1%, from $40M to $54M.
Where does NECA-IBEW 1205 Pension Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW 1205 Pension Fund ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to NECA-IBEW 1205 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by assets is Ncqa Retirement Plan in DC ($47M, 439 participants).
Which Profit Sharing plans cover a similar participant headcount to NECA-IBEW 1205 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is IBEW-NECA Retirement Plan in MO (693 participants, $192M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 593106802.

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.