Profit Sharing · DOL Form 5500 · 2023
Trustees of NECA-IBEW 1205 Pension Fund Profit Sharing Plan
Data updated 2026-08-11
- $48M
- Total assets
- 693
- Participants
- 85th
- Percentile by assets
- $68,676
- Avg per participant
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.
- 85th percentile by assets (of 127,072 plans)
- #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.
- $48M
- total plan assets (2023 EOY)
- 693
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $68,676
- avg assets per participant
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.
NECA-IBEW 1205 Pension Fund vs the 2023 asset distribution
By assets, NECA-IBEW 1205 Pension Fund outranks 85% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $40M |
|---|---|
| Net Assets (End of Year) | $48M |
| Net Income | $8M |
| Employer EIN | 593106802 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of NECA-IBEW 1205 Pension Fund)
| 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
- Retirement Wealth Builder Plan of Pwc $4.9B · 44,753
- Raymond James Financial, Inc. & Affiliates Profit Sharing Plan $1.2B · 15,503
- Orlando Health, Inc. Retirement Savings Plan 401a $441M · 26,077
- Shands Health Care Matched Savings Account 401(a) $421M · 9,825
- American Maritime Officers Defined Contribution Plan $314M · 4,371
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to NECA-IBEW 1205 Pension Fund by total assets, not by location.
- Ncqa Retirement Plan (DC) $47M · 439
- Pharmachem Laboratories, Inc. Profit Sharing Plan (DE) $48M · 106
- Wellons Group, Inc. Profit Sharing Plan and Trust (WA) $48M · 184
- Casa Colina, Inc. 403(b) Retirement Plan (CA) $48M · 1,064
Frequently Asked Questions
How did NECA-IBEW 1205 Pension Fund assets move in 2023? ▼
How have Trustees of NECA-IBEW 1205 Pension Fund plan assets changed over time? ▼
Where does NECA-IBEW 1205 Pension Fund rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to NECA-IBEW 1205 Pension Fund? ▼
Next read for NECA-IBEW 1205 Pension Fund
Scale reading
Ways to act on NECA-IBEW 1205 Pension Fund's numbers.
- By total assets, NECA-IBEW 1205 Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Florida. Compare plans
- Trustees of NECA-IBEW 1205 Pension Fund's sponsor-wide assets have grown 35.1% since 2022 across 3 plan years on file. More Construction plans