401(k) · DOL Form 5500 · 2023
Trustees of the National Electrical 401(k) Plan 401(k) Plan
Data updated 2026-08-25
- $115M
- Total assets Near avg plan size
- 26,019
- Participants Very large workforce
- 92nd
- Percentile by assets National rank
- $4,433
- Avg per participant Low balance/head
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.
- #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.
- #8,179
- in Construction (9,030 peers)
- +29.1%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
National Electrical 401(k) Plan's outsized position 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
National Electrical 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. National Electrical 401(k) Plan is a mega filing (26,019 participants), the rightmost band on the breakdown.
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.
Published 5500 schedule card
Filing strip 263383611 · Trustees of the National Electrical 401(k) Plan PY 2023 · 401(k)
National Electrical 401(k) Plan · $115M · 26,019 · 92nd
- PART $115M
- PART 26,019
- PART 92nd
- PART 401(k)
- PART near Ntt Data Business Solutions Inc. 401(k) Profit Sharing Plan
- PART ind #8179
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 Maryland →
National Electrical 401(k) Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $89M |
|---|---|
| Net Assets (End of Year) | $115M |
| Net Income | $26M |
| Employer EIN | 263383611 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the National Electrical 401(k) Plan)
Sponsor-wide plan assets over time
All Trustees of the National Electrical 401(k) Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $141M 57.94930635575977% vs 2022
- 2024 filing year
| 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.
- Lockheed Martin Corporation Salaried Savings Plan $47.3B · 91,511
- Marriott Retirement Savings Plan $10.2B · 96,415
- T. Rowe Price U.S. Retirement Program $4.4B · 6,292
- Nfl Player Second Career Savings Plan $4.0B · 2,767
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $2.2B · 80,121
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:
- National Electrical 401(k) Plan (401(k), $141M, 26,829 participants)
National Electrical 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Maryland, the nearest 401(k) by assets is Ntt Data Business Solutions Inc. 401(k) Profit Sharing Plan in OH ($115M); by covered participants it is Hartford Healthcare 401(k) Retirement Plan in CT (26,064 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($115M here).
Similar participant headcount
Nearest other-state filings by covered participants (26,019 participants); asset peers above are excluded.
- Hartford Healthcare 401(k) Retirement Plan (CT) 26,064 · 45 off
- Sevita 401(k) Plan (MA) 25,967 · 52 off
- Bnsf Railway Company Non-Salaried Employees 401(k) Retirement Plan (TX) 25,966 · 53 off
- Magnit Global Solutions, Inc. and Subsidiaries 401(k) Employee Savings (CA) 25,954 · 65 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.