401(k) · DOL Form 5500 · 2023

Trustees of the National Electrical 401(k) Plan 401(k) Plan

Data updated 2026-08-11

$115M
Total assets
26,019
Participants
92nd
Percentile by assets
$4,433
Avg per participant
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Official DOL plan name: National Electrical 401(k) Plan · Sponsored by Trustees of the National Electrical 401(k) Plan · Maryland · Construction

$115M in assets, 26,019 participants

Trustees of the National Electrical 401(k) Plan's National Electrical 401(k) Plan reported $115M in total assets and 26,019 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #8,179 in Construction (9,030 peers)

Coverage in Maryland

National Electrical 401(k) Plan covers 26,019 participants in Maryland, 28x the typical Maryland plan (state average ~929 per filing). Assets: $115M.

$115M
total plan assets (2023 EOY)
26,019
covered participants
92nd
percentile by assets (of 127,072 plans)
$4,433
avg assets per participant

Where National Electrical 401(k) Plan sits by total assets

National Electrical 401(k) Plan vs every filed plan by assets

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

$115,347,919 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Electrical 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • National Electrical 401(k) Plan end-of-year assets rose from $89M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • National Electrical 401(k) Plan reported participants rose from 23,120 in the plan year 2022 filing to 26,019 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Maryland
Industry
Construction

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. National Electrical 401(k) Plan reports 26,019 participants - 28x that state average ($115M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$115M
Net Income$26M
Employer EIN263383611
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the National Electrical 401(k) Plan)

$80M$100M$120M$140M$160M 202220232024 $89.4M $141M ▲ +58.0%
Total plan assets by year, all Trustees of the National Electrical 401(k) Plan plans on file
Year Plans Participants Total Assets
2022 1 23,120 $89M
2023 1 26,019 $115M
2024 1 26,829 $141M

Nearby 401(k) Plans in Maryland

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

National Electrical 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants National Electrical …, Total assets ($B): 0.115347919 · Participants: 26019National Electrical …Lockheed Martin Corp…, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corp…Marriott Retirement …, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement …T. Rowe Price U.S. R…, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. R…Nfl Player Second Ca…, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Ca…Sodexo 401 (K) Emplo…, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Emplo…
National Electrical 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare National Electrical 401(k) Plan side-by-side with 3 peers →

Scale composition for National Electrical 401(k) Plan

National Electrical 401(k) Plan reports $115M in end-of-year assets across 26,019 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $4,433 per participant (3% of the national average assets-per-participant) . Net income for plan year 2023 was $26M.

This plan identity (EIN 263383611, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $89M to $141M (+57.9%) while covered participants moved from 23,120 to 26,829 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,120 $89M Open filing
2023 26,019 $115M This page
2024 · index core 26,829 $141M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to National Electrical 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did National Electrical 401(k) Plan assets move in 2023? ▼
National Electrical 401(k) Plan grew sharply - up 29.1% during 2023, from $89M to $115M. Reported net income was $26M.
How have Trustees of the National Electrical 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the National Electrical 401(k) Plan's sponsor-wide assets grew 57.9%, from $89M to $141M.
Where does National Electrical 401(k) Plan rank by assets among Form 5500 filers? ▼
National Electrical 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to National Electrical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ntt Data Business Solutions Inc. 401(k) Profit Sharing Plan in OH ($115M, 342 participants).

Next read for National Electrical 401(k) Plan

Filing takeaways

Ways to act on National Electrical 401(k) Plan's numbers.

  • By total assets, National Electrical 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
  • Trustees of the National Electrical 401(k) Plan's sponsor-wide assets have grown 57.9% 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 263383611.

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.