401(k) · DOL Form 5500 · 2023

Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
3,818
Participants Above avg headcount
92nd
Percentile by assets National rank
$31,711
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local Union No. 520 Annuity Plan · Sponsored by Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund · New Mexico · Construction

$121M in assets, 3,818 participants

Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund's IBEW Local Union No. 520 Annuity Plan reported $121M in total assets and 3,818 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.

  • #8,208 in Construction (9,030 peers)

Coverage in New Mexico

IBEW Local Union No. 520 Annuity Plan covers 3,818 participants in New Mexico, 10x the typical New Mexico plan (state average ~365 per filing). Assets: $121M.

#8,208
in Construction (9,030 peers)
+18.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

IBEW Local Union No. 520 Annuity Plan's outsized position by total assets

IBEW Local Union No. 520 Annuity Plan vs every filed plan by assets

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

$121,073,062 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 Union No. 520 Annuity 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 Union No. 520 Annuity Plan lands in the large band (3,818 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local Union No. 520 Annuity Plan reported net income rose from -$14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • IBEW Local Union No. 520 Annuity Plan end-of-year assets rose from $102M in the plan year 2022 filing to $121M in the plan year 2023 filing.
  • IBEW Local Union No. 520 Annuity Plan reported participants rose from 3,700 in the plan year 2022 filing to 3,818 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 752072597 · Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund PY 2023 · 401(k)

IBEW Local Union No. 520 Annuity Plan · $121M · 3,818 · 92nd

  • BOY $121M
  • SCH 3,818
  • EBSA 92nd
  • PART 401(k)
  • TYPE near New American Funding, LLC 401(k) Plan
  • NET ind #8208

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 New Mexico →

IBEW Local Union No. 520 Annuity Plan in the asset neighbourhood

Sheet Metal Workers Local Union No. 80 Annuity FundSheet Metal Workers Local Un…$121MIBEW Local Union No. 520 Annuity PlanIBEW Local Union No. 520 Ann…$121MNew American Funding, LLC 401(k) PlanNew American Funding, LLC 40…$121MPinebridge 401(k) Retirement Savings PlanPinebridge 401(k) Retirement…$121MMaterial 401(k) Profit Sharing PlanMaterial 401(k) Profit Shari…$121M
End-of-year total assets ($M) among IBEW Local Union No. 520 Annuity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$121M
Net Income$19M
Employer EIN752072597
Plan Effective Date1997-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$138M 35.056139635109886% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $102M $138M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 3,700 $102M
2023 1 3,818 $121M
2024 1 3,913 $138M

Nearby 401(k) Plans in New Mexico

Peer 401(k) plans, same state, same plan type, ranked by total assets.

IBEW Local Union No. 520 Annuity Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants IBEW Local Union No. 520 Annuity Plan, Total assets ($B): 0.121073062 · Participants: 3818IBEW Local Union No. 520 Annuity PlanNtess Savings and Income Plan, Total assets ($B): 6.138288212 · Participants: 14721Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.017061751 · Participants: 10005Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.83962508 · Participants: 2249Triad 401(k) Savings PlanPnm Resources, Inc. Retirement Savings Plan, Total assets ($B): 0.76542965 · Participants: 1531Pnm Resources, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.573005592 · Participants: 1962Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
IBEW Local Union No. 520 Annuity Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare IBEW Local Union No. 520 Annuity Plan side-by-side with 3 peers →

IBEW Local Union No. 520 Annuity Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is New American Funding, LLC 401(k) Plan in CA ($121M); by covered participants it is Fairview Health Services 403b Plan for Mna Employees in MN (3,816 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($121M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,818 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 Union No. 520 Annuity Plan assets move in 2023? ▼
IBEW Local Union No. 520 Annuity Plan grew sharply - up 18.1% during 2023, from $102M to $121M. Reported net income was $19M.
How have Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund's sponsor-wide assets grew 35.1%, from $102M to $138M.
Where does IBEW Local Union No. 520 Annuity Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 520 Annuity 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 401(k) plans are similar in size to IBEW Local Union No. 520 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by assets is New American Funding, LLC 401(k) Plan in CA ($121M, 3,394 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 520 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fairview Health Services 403b Plan for Mna Employees in MN (3,816 participants, $394M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 752072597.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.