401(k) · DOL Form 5500 · 2023

Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne 401(k) Plan

Data updated 2026-08-11

$451M
Total assets: 3,460
Participants: 97th
Percentile by assets: $130,366
Avg per participant

Official DOL plan name: Western Pennsylvania Electrical Employees Deferred Compensation Plan · Sponsored by Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne · Pennsylvania · Construction

$451M in assets, 3,460 participants

Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's Western Pennsylvania Electrical Employees Deferred Compensation Plan reported $451M in total assets and 3,460 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,749 in Construction (9,030 peers)

Coverage in Pennsylvania

Western Pennsylvania Electrical Employees Deferred Compensation Plan covers 3,460 participants in Pennsylvania, 4.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $451M.

$451M
total plan assets (2023 EOY): 3,460
covered participants: 97th
percentile by assets (of 127,072 plans): $130,366
avg assets per participant

Western Pennsylvania Electrical Employees Deferred Compensation Plan reported net income rose from -$77M in the plan year 2022 filing to $50M in the plan year 2023 filing.
Western Pennsylvania Electrical Employees Deferred Compensation Plan end-of-year assets rose from $401M in the plan year 2022 filing to $451M in the plan year 2023 filing.
Western Pennsylvania Electrical Employees Deferred Compensation Plan reported participants rose from 3,236 in the plan year 2022 filing to 3,460 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Construction

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Western Pennsylvania Electrical Employees Deferred Compensation Plan reports 3,460 participants - 4.2x that state average ($451M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$401M
Net Assets (End of Year)	$451M
Net Income	$50M
Employer EIN	251368983
Plan Effective Date	1978-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne)

Total plan assets by year, all Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plans on file

Year	Plans	Participants	Total Assets
2022	1	3,236	$401M
2023	1	3,460	$451M
2024	1	3,623	$496M

Nearby 401(k) Plans in Pennsylvania

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

Western Pennsylvania Electrical Employees Deferred Compensation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare Western Pennsylvania Electrical Employee… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Western Pennsylvania Electrical Employees Deferred Compensation Plan by total assets, not by location.

Copeland Employee Savings Investment Plan (MO) $451M · N/A
Cleco Power LLC 401(k) Savings & Investment Plan (LA) $451M · 1,312
The Christ Hospital 403(b) Retirement Savings Plan (OH) $451M · 6,885
Orange Group 401(k) Plan (VA) $451M · 549

Frequently Asked Questions

How did Western Pennsylvania Electrical Employees Deferred Compensation Plan assets move in 2023? ▼

Western Pennsylvania Electrical Employees Deferred Compensation Plan grew at a solid clip - up 12.6% during 2023, from $401M to $451M. Reported net income was $50M.

How have Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's sponsor-wide assets grew 23.9%, from $401M to $496M.

Where does Western Pennsylvania Electrical Employees Deferred Compensation Plan rank by assets among Form 5500 filers? ▼

Western Pennsylvania Electrical Employees Deferred Compensation Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Western Pennsylvania Electrical Employees Deferred Compensation Plan? ▼

Among 401(k) plans in other states, the closest by assets is Copeland Employee Savings Investment Plan in MO ($451M, N/A participants).

Next read for Western Pennsylvania Electrical Employee…

Filing takeaways

Ways to act on Western Pennsylvania Electrical Employees Deferred Compensation Plan's numbers.

By total assets, Western Pennsylvania Electrical Employees Deferred Compensation Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Construction plans

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 251368983.