Money Purchase · DOL Form 5500 · 2023
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan Money Purchase Plan
Data updated 2026-08-25
- $38M
- Total assets Below avg plan size
- 1,484
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $25,876
- Avg per participant Low balance/head
Official DOL plan name: IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity · Sponsored by B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan · Arizona · Construction
$38M in assets, 1,484 participants
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan's IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity reported $38M in total assets and 1,484 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- #7,293 in Construction (9,030 peers)
Coverage in Arizona
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity covers 1,484 participants in Arizona, 2.6x the typical Arizona plan (state average ~564 per filing). Assets: $38M.
- #7,293
- in Construction (9,030 peers)
- +16.5%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's outsized position by total assets
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$38,400,558 Top 18% higher than 82% 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
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity'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. IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity lands in the large band (1,484 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity end-of-year assets rose from $33M in the plan year 2022 filing to $38M in the plan year 2023 filing.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity reported participants rose from 1,391 in the plan year 2022 filing to 1,484 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 866089862 · B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan PY 2023 · Money Purchase
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity · $38M · 1,484 · 82nd
- EBSA $38M
- EBSA 1,484
- EBSA 82nd
- EBSA Money Purchase
- EBSA near Pipe Fitters Local Union #211 Defined Contribution Retirement Plan
- EBSA ind #7293
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 Chap NECA Annuity in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $38M |
| Net Income | $5M |
| Employer EIN | 866089862 |
| Plan Effective Date | 1996-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan)
Sponsor-wide plan assets over time
All B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $161M 22.58752191731719% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,970 | $132M |
| 2023 | 2 | 2,018 | $149M |
| 2024 | 2 | 2,064 | $161M |
Nearby Money Purchase Plans in Arizona
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan $120M · 3,942
- The Institute for Supply Management, Inc. Tiaa-Cref Retirement Plan No. 1 $16M · 56
- Operative Plasterers and Cement Masons Local 394 Defined Contribution Plan $15M · 543
- Benjamin E. Myers Money Purchase Pension Plan and Trust $9M · 1
- Lexington Medical Associates, Inc. Money Purchase Pension Plan $8M · N/A
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's out-of-state Money Purchase peers by assets and headcount
Outside Arizona, the nearest Money Purchase by assets is Pipe Fitters Local Union #211 Defined Contribution Retirement Plan in TX ($38M); by covered participants it is Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund in NY (1,482 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($38M here).
- Pipe Fitters Local Union #211 Defined Contribution Retirement Plan (TX) $38M · 3,726
- Gtcr Retirement Plan (IL) $38M · 62
- Fraunhofer USA, Inc. 401(a) DC Plan (MI) $38M · 128
- Rowland Hall, Saint Mark's School 403(b) DC Plan (UT) $38M · 265
Similar participant headcount
Nearest other-state filings by covered participants (1,484 participants); asset peers above are excluded.
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund (NY) 1,482 · 2 off
- Valmet, Inc. Pension Plan and Trust (GA) 1,488 · 4 off
- Jm Eagle Employees' Pension Plan (CA) 1,479 · 5 off
- Midwest Pipe Trades Retirement Plan (TN) 1,501 · 17 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.