Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of the National Electrical Benefit Fund Pension Plan

Data updated 2026-08-25

$18.9B
Total assets Mega-plan scale
323,315
Participants Very large workforce
100th
Percentile by assets National rank
$58,422
Avg per participant Low balance/head
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Official DOL plan name: National Electrical Benefit Fund · Sponsored by Trustees of the National Electrical Benefit Fund · Maryland · Construction

$18.9B in assets, 323,315 participants

Trustees of the National Electrical Benefit Fund's National Electrical Benefit Fund reported $18.9B in total assets and 323,315 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #9,030 in Construction (9,030 peers)

Coverage in Maryland

National Electrical Benefit Fund covers 323,315 participants in Maryland, 348x the typical Maryland plan (state average ~929 per filing). Assets: $18.9B.

#9,030
in Construction (9,030 peers)
+5.5%
assets growth YoY
190×
vs typical plan assets (national mean)

National Electrical Benefit Fund's outsized position by total assets

National Electrical Benefit Fund vs every filed plan by assets

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

$18,888,816,930 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 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

National Electrical Benefit Fund'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 Benefit Fund is a mega filing (323,315 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 530181657 · Trustees of the National Electrical Benefit Fund PY 2023 · Defined Benefit (Pension)

National Electrical Benefit Fund · $18.9B · 323,315 · 100th

  • SCH $18.9B
  • SCH 323,315
  • SCH 100th
  • SCH Defined Benefit (Pension)
  • SCH near Northrop Grumman Pension Plan
  • SCH ind #9030

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 Benefit Fund in the asset neighbourhood

Ford Motor Company UAW Retirement PlanFord Motor Company UAW Retir…$19.3BThe Bank of America Pension PlanThe Bank of America Pension …$19.2BNorthrop Grumman Pension Plan$19.1BNational Electrical Benefit FundNational Electrical Benefit …$18.9BPacific Gas and Electric Company Retirement PlanPacific Gas and Electric Com…$18.0B
End-of-year total assets ($B) among National Electrical Benefit Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$17.9B
Net Assets (End of Year)$17.7B
Net Income$1.1B
Employer EIN530181657
Plan Effective Date1947-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the National Electrical Benefit Fund)

Sponsor-wide plan assets over time

All Trustees of the National Electrical Benefit Fund plans reported in each filing year

Latest sponsor-wide plan assets
$20.4B 58058.710248564545% vs 2022
2024 filing year
$0B$10B$20B$30B 202220232024 $0.04B $20.4B ▲ +50950.0%
Year Plans Participants Total Assets
2022 1 130 $35M
2023 2 323,468 $18.9B
2024 2 332,508 $20.4B

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

National Electrical Benefit Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 05101520 Total assets ($B) Participants National Electrical Benefit Fund, Total assets ($B): 18.88881693 · Participants: 323315National Electrical Benefit FundLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.434547593 · Participants: 19673Lockheed Martin Corporation Salaried Employee Retirement ProgramMajor League Baseball Players Pension Plan, Total assets ($B): 4.648661647 · Participants: 1087Major League Baseball Players Pension PlanNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.493297428 · Participants: 15047National Automatic Sprinkler Industry Pension FundInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 4.223547088 · Participants: 44973International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.855892074 · Participants: 2484Bert Bell/Pete Rozelle Nfl Player Retirement Plan
National Electrical Benefit Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Scale composition for National Electrical Benefit Fund

National Electrical Benefit Fund reports $18.9B in end-of-year assets across 323,315 participants (0.15% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.34% of 93,925,755 covered participants) - about $58,422 per participant (42% of the national average assets-per-participant) . Net income for plan year 2023 was $1.1B.

This plan identity (EIN 530181657, plan #001) has 2 Form 5500 filings on file from 2023 to 2024 , with end-of-year assets moving from $18.9B to $20.4B (+7.9%) while covered participants moved from 323,315 to 332,362 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2023 323,315 $18.9B This page
2024 · index core 332,362 $20.4B Open filing

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

National Electrical Benefit Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Northrop Grumman Pension Plan in VA ($19.1B); by covered participants it is Western Conference of Teamsters Pension Plan in WA (229,511 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (323,315 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did National Electrical Benefit Fund assets move in 2023?
National Electrical Benefit Fund grew at a solid clip - up 5.5% during 2023, from $17.9B to $18.9B. Reported net income was $1.1B.
How have Trustees of the National Electrical Benefit Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the National Electrical Benefit Fund's sponsor-wide assets grew 58058.7%, from $35M to $20.4B.
Where does National Electrical Benefit Fund rank by assets among Form 5500 filers?
National Electrical Benefit Fund ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to National Electrical Benefit Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northrop Grumman Pension Plan in VA ($19.1B, 13,674 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to National Electrical Benefit Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Western Conference of Teamsters Pension Plan in WA (229,511 participants, $57.4B in assets).