Defined Benefit (Pension) · DOL Form 5500 · 2023

B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan Pension Plan

Data updated 2026-08-25

$110M
Total assets Near avg plan size
534
Participants Below avg headcount
92nd
Percentile by assets National rank
$206,882
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan · Sponsored by B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan · Arizona · Construction

$110M in assets, 534 participants

B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan's IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported $110M in total assets and 534 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.

  • #8,151 in Construction (9,030 peers)

Where IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan sits by assets

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan sits in the top 10% of all filed plans by assets, $110M for 534 participants (~$206,882/participant), up 11.9% in 2023.

#8,151
in Construction (9,030 peers)
+11.9%
assets growth YoY
1.1×
vs typical plan assets (national mean)

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan's outsized position by total assets

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs every filed plan by assets

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

$110,474,890 Top 8% higher than 92% 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

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan sits mid-pack in the medium band (534 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported net income rose from -$21M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan end-of-year assets rose from $99M in the plan year 2022 filing to $110M in the plan year 2023 filing.
  • IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported participants fell from 579 in the plan year 2022 filing to 534 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 866089862 · B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan PY 2023 · Defined Benefit (Pension)

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan · $110M · 534 · 92nd

  • IND $110M
  • EOY 534
  • 5500 92nd
  • ASSETS Defined Benefit (Pension)
  • PCT near Nfl Game Officials' Pension Plan
  • EIN ind #8151

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 Arizona →

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan in the asset neighbourhood

Wausau Paper Corp. Retirement PlanWausau Paper Corp. Retiremen…$111MBunzl USA, LLC Retirement PlanBunzl USA, LLC Retirement Pl…$111MIBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension PlanIBEW Local Nos 570 & 518 and…$110MNfl Game Officials' Pension PlanNfl Game Officials' Pension …$110MClearwater Paper Hourly Retirement PlanClearwater Paper Hourly Reti…$110M
End-of-year total assets ($M) among IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$110M
Net Income$12M
Employer EIN866089862
Plan Effective Date1973-09-15
Filing StatusFILING RECEIVED

Sponsor Plan History (B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan)

Sponsor-wide plan assets over time

All B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$161M 22.58752191731719% vs 2022
2024 filing year
$120M$130M$140M$150M$160M$170M 202220232024 $132M $161M ▲ +22.6%
Year Plans Participants Total Assets
2022 2 1,970 $132M
2023 2 2,018 $149M
2024 2 2,064 $161M

Nearby Defined Benefit (Pension) Plans in Arizona

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

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan, Total assets ($B): 0.11047489 · Participants: 534IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension PlanPinnacle West Capital Corporation Retirement Plan, Total assets ($B): 3.271793253 · Participants: 5824Pinnacle West Capital Corporation Retirement PlanSalt River Project Employees' Retirement Plan, Total assets ($B): 2.784269809 · Participants: 4790Salt River Project Employees' Retirement PlanFreeport Minerals Corporation Retirement Plan, Total assets ($B): 1.443465749 · Participants: 2597Freeport Minerals Corporation Retirement PlanDesert States Employers & Ufcw Unions Pension Plan, Total assets ($B): 1.005171309 · Participants: 19139Desert States Employers & Ufcw Unions Pension PlanAvnet Pension Plan, Total assets ($B): 0.50129138 · Participants: 2483Avnet Pension Plan
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Arizona, the nearest Defined Benefit (Pension) by assets is Nfl Game Officials' Pension Plan in NY ($110M); by covered participants it is Pinkerton Tobacco Hourly Employees Retirement Plan in VA (534 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($110M here).

Similar participant headcount

Nearest other-state filings by covered participants (534 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 IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan assets move in 2023?
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan grew at a solid clip - up 11.9% during 2023, from $99M to $110M. Reported net income was $12M.
How have B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan's sponsor-wide assets grew 22.6%, from $132M to $161M.
Where does IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan rank by assets among Form 5500 filers?
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension 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 Defined Benefit (Pension) plans are similar in size to IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nfl Game Officials' Pension Plan in NY ($110M, 45 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pinkerton Tobacco Hourly Employees Retirement Plan in VA (534 participants, $36M in assets).