Other · DOL Form 5500 · 2023

Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun Retirement Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size: 414
Participants Below avg headcount: 88th
Percentile by assets National rank: $154,806
Avg per participant Above avg balance/head

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Official DOL plan name: NECA-IBEW Local Union 1701 Pension Benefit Trust Fund · Sponsored by Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun · Michigan · Finance & Insurance

$64M in assets, 414 participants

Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun's NECA-IBEW Local Union 1701 Pension Benefit Trust Fund reported $64M in total assets and 414 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

#7,213 in Finance & Insurance (8,869 peers)

Where NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits by assets

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits in the top quartile of all filed plans by assets, $64M for 414 participants (~$154,806/participant), up 19.7% in 2023.

#7,213
in Finance & Insurance (8,869 peers): +19.7%
assets growth YoY: 0.6×
vs typical plan assets (national mean)

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund's outsized position by total assets

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund vs every filed plan by assets

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

$64,089,876 Top 12% higher than 88% 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

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund 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. NECA-IBEW Local Union 1701 Pension Benefit Trust Fund sits mid-pack in the medium band (414 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund reported net income rose from -$12M in the plan year 2022 filing to $11M in the plan year 2023 filing.
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund end-of-year assets rose from $54M in the plan year 2022 filing to $64M in the plan year 2023 filing.
NECA-IBEW Local Union 1701 Pension Benefit Trust Fund reported participants fell from 428 in the plan year 2022 filing to 414 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 610459923 · Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun PY 2023 · Other

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund · $64M · 414 · 88th

RANK $64M
PHOTO 414
IND 88th
EOY Other
5500 near Mount St. Joseph University Defined Contribution Plan
ASSETS ind #7213

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 Finance & Insurance retirement plans → · Plans in Michigan →

End-of-year total assets ($M) among NECA-IBEW Local Union 1701 Pension Benefit Trust Fund and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$54M
Net Assets (End of Year)	$64M
Net Income	$11M
Employer EIN	610459923
Plan Effective Date	1981-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun)

Latest sponsor-wide plan assets: $73M 35.539453303895655% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	428	$54M
2023	1	414	$64M
2024	1	442	$73M

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund vs. nearby Other plans in Michigan, assets vs. participants

Fca US LLC Salaried Employees' Savings Plan $4.8B · 16,630
Fca US LLC UAW Savings Plan $4.7B · 49,473
Beaumont Health 403(b) Retirement Savings Plan $2.6B · 33,717
Henry Ford Health System Heritage 403(b) Plan $1.3B · 15,298
Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan $1.0B · 8,357

Compare NECA-IBEW Local Union 1701 Pension Benefit Trust Fund side-by-side with 3 peers →

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Mount St. Joseph University Defined Contribution Plan in OH ($64M); by covered participants it is Columbia Grammar and Preparatory School 403(b) DC Plan in NY (414 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Mount St. Joseph University Defined Contribution Plan (OH) $64M · 390
Carnegie Library of Pittsburgh Retirement Savings Plan (PA) $64M · 304
Marietta Health Care Physicians, Inc. 403(b) Plan (OH) $64M · 322
Westminster School Defined Contribution Plan (CT) $64M · 162

Similar participant headcount

Nearest other-state filings by covered participants (414 participants); asset peers above are excluded.

Columbia Grammar and Preparatory School 403(b) DC Plan (NY) 414 · 0 off
Concepts Salary Deferral 403(b) Plan (NY) 414 · 0 off
Robert F. Kennedy Community Alliance 403(b) Plan (MA) 413 · 1 off
The Christian Benevolent 403b Retirement Program (OH) 415 · 1 off

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 NECA-IBEW Local Union 1701 Pension Benefit Trust Fund assets move in 2023? ▼

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund grew sharply - up 19.7% during 2023, from $54M to $64M. Reported net income was $11M.

How have Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Joint Board of Trustees of NECA IBEW Local 1701 Pen. Ben. Trst Fun's sponsor-wide assets grew 35.5%, from $54M to $73M.

Where does NECA-IBEW Local Union 1701 Pension Benefit Trust Fund rank by assets among Form 5500 filers? ▼

NECA-IBEW Local Union 1701 Pension Benefit Trust Fund ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Other plans are similar in size to NECA-IBEW Local Union 1701 Pension Benefit Trust Fund? ▼

Among Other plans in other states, the closest by assets is Mount St. Joseph University Defined Contribution Plan in OH ($64M, 390 participants).

Which Other plans cover a similar participant headcount to NECA-IBEW Local Union 1701 Pension Benefit Trust Fund? ▼

Among Other plans in other states, the closest by covered participants is Columbia Grammar and Preparatory School 403(b) DC Plan in NY (414 participants, $124M 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 610459923.