401(k) · DOL Form 5500 · 2023
Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne 401(k) Plan
Data updated 2026-08-25
- $451M
- Total assets Above avg plan size
- 3,460
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $130,366
- Avg per participant Near avg balance/head
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.
- #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.
- #8,749
- in Construction (9,030 peers)
- +12.6%
- assets growth YoY
- 4.5×
- vs typical plan assets (national mean)
Western Pennsylvania Electrical Employees Deferred Compensation Plan's outsized position by total assets
Western Pennsylvania Electrical Employees Deferred Compensation Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$451,064,992 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Western Pennsylvania Electrical Employees Deferred Compensation Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western Pennsylvania Electrical Employees Deferred Compensation Plan lands in the large band (3,460 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- 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.
Plan-year Form 5500 strip
Filing strip 251368983 · Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne PY 2023 · 401(k)
Western Pennsylvania Electrical Employees Deferred Compensation Plan · $451M · 3,460 · 97th
- BOY $451M
- SCH 3,460
- EBSA 97th
- PART 401(k)
- TYPE near Copeland Employee Savings Investment Plan
- NET ind #8749
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 Pennsylvania →
Western Pennsylvania Electrical Employees Deferred Compensation Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plans reported in each filing year
- Latest sponsor-wide plan assets
- $496M 23.857419576747407% vs 2022
- 2024 filing year
| 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.
- 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
Western Pennsylvania Electrical Employees Deferred Compensation Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Copeland Employee Savings Investment Plan in MO ($451M); by covered participants it is Parkdale, Incorporated Retirement Plan in NC (3,460 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($451M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (3,460 participants); asset peers above are excluded.
- Parkdale, Incorporated Retirement Plan (NC) 3,460 · 0 off
- Delmar Gardens Enterprises, Inc. 401(k) Profit Sharing Plan (MO) 3,461 · 1 off
- Cpi 401(k) Plan (FL) 3,462 · 2 off
- 1-800-Flowers Team Services, Inc. Prototype 401(k) Profit-Sharing Plan (NY) 3,458 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.