Money Purchase · DOL Form 5500 · 2023
B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan Money Purchase Plan
Data updated 2026-08-25
- $120M
- Total assets Near avg plan size
- 3,942
- Participants Above avg headcount
- 92nd
- Percentile by assets National rank
- $30,372
- Avg per participant Low balance/head
Official DOL plan name: IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan · Sponsored by B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan · Arizona · Construction
$120M in assets, 3,942 participants
B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan's IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan reported $120M in total assets and 3,942 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.
- #8,196 in Construction (9,030 peers)
Coverage in Arizona
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan covers 3,942 participants in Arizona, 7.0x the typical Arizona plan (state average ~564 per filing). Assets: $120M.
- #8,196
- in Construction (9,030 peers)
- +19.1%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan's outsized position by total assets
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$119,725,104 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
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan'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 No 640 & Az Chapter NECA Defined Contribution Plan lands in the large band (3,942 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan reported net income rose from -$17M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan end-of-year assets rose from $101M in the plan year 2022 filing to $120M in the plan year 2023 filing.
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan reported participants rose from 3,763 in the plan year 2022 filing to 3,942 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 860323980 · B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan PY 2023 · Money Purchase
IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan · $120M · 3,942 · 92nd
- EIN $120M
- EIN 3,942
- EIN 92nd
- EIN Money Purchase
- EIN near Bergelectric Corporation Money Purchase Pension Plan
- EIN ind #8196
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 No 640 & Az Chapter NECA Defined Contribution Plan in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $101M |
|---|---|
| Net Assets (End of Year) | $119M |
| Net Income | $19M |
| Employer EIN | 860323980 |
| Plan Effective Date | 1981-11-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan)
Sponsor-wide plan assets over time
All B of T IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $366M 33.09544432964613% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,473 | $275M |
| 2023 | 2 | 5,629 | $320M |
| 2024 | 2 | 7,794 | $366M |
Nearby Money Purchase Plans in Arizona
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity $38M · 1,484
- 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 No 640 & Az Chapter NECA Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount
Outside Arizona, the nearest Money Purchase by assets is Bergelectric Corporation Money Purchase Pension Plan in CA ($120M); by covered participants it is Teamster Local 282 Annuity Trust Fund in NY (3,943 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($120M here).
- Bergelectric Corporation Money Purchase Pension Plan (CA) $120M · 1,913
- Rosalind Franklin University of Medicine and Science Qualified Money Purchase Pension Plan and Trust (IL) $119M · 517
- Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust (MD) $119M · 280
- The Connell Company Retirement Plan (NJ) $120M · 132
Similar participant headcount
Nearest other-state filings by covered participants (3,942 participants); asset peers above are excluded.
- Teamster Local 282 Annuity Trust Fund (NY) 3,943 · 1 off
- 401(a) Def Cont Ret Plan for Dartmouth College Faculty/Staff (NH) 3,918 · 24 off
- Hawaii Carpenters Financial Security Fund (HI) 3,972 · 30 off
- NECA-IBEW Pension Benefit Trust Fund (MO) 3,999 · 57 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.