Profit Sharing · DOL Form 5500 · 2023
Board of Trustees of the Noe Annuity Plan Profit Sharing Plan
Data updated 2026-08-11
- $77M
- Total assets
- 1,475
- Participants
- 89th
- Percentile by assets
- $52,406
- Avg per participant
Official DOL plan name: New Orleans Electrical Annuity Plan · Sponsored by Board of Trustees of the Noe Annuity Plan · Tennessee · Construction
$77M in assets, 1,475 participants
Board of Trustees of the Noe Annuity Plan's New Orleans Electrical Annuity Plan reported $77M in total assets and 1,475 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 127,072 plans)
- #7,898 in Construction (9,030 peers)
Where New Orleans Electrical Annuity Plan sits by assets
New Orleans Electrical Annuity Plan sits in the top quartile of all filed plans by assets, $77M for 1,475 participants (~$52,406/participant), up 17.6% in 2023.
- $77M
- total plan assets (2023 EOY)
- 1,475
- covered participants
- 89th
- percentile by assets (of 127,072 plans)
- $52,406
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New Orleans Electrical Annuity Plan reported net income rose from -$10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- New Orleans Electrical Annuity Plan end-of-year assets rose from $66M in the plan year 2022 filing to $77M in the plan year 2023 filing.
- New Orleans Electrical Annuity Plan reported participants rose from 1,451 in the plan year 2022 filing to 1,475 in the plan year 2023 filing.
New Orleans Electrical Annuity Plan vs the 2023 asset distribution
By assets, New Orleans Electrical Annuity Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $77M |
| Net Income | $12M |
| Employer EIN | 721417592 |
| Plan Effective Date | 1997-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of the Noe Annuity Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,451 | $66M |
| 2023 | 1 | 1,475 | $77M |
| 2024 | 1 | 1,393 | $88M |
Nearby Profit Sharing Plans in Tennessee
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
New Orleans Electrical Annuity Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
- Ballad Health 401(a) Plan $478M · 5,420
- Shreveport Electrical Industry Profit Sharing Plan $88M · 494
- Ulps Employee Savings Plan $67M · 237
- Gerber/Taylor Capital Advisors Profit Sharing Plan $46M · 40
- Ironworkers Local 808 Annuity Fund $42M · 637
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to New Orleans Electrical Annuity Plan by total assets, not by location.
Frequently Asked Questions
How did New Orleans Electrical Annuity Plan assets move in 2023? ▼
How have Board of Trustees of the Noe Annuity Plan plan assets changed over time? ▼
Where does New Orleans Electrical Annuity Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to New Orleans Electrical Annuity Plan? ▼
Next read for New Orleans Electrical Annuity Plan
Scale reading
Ways to act on New Orleans Electrical Annuity Plan's numbers.
- By total assets, New Orleans Electrical Annuity Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
- Board of Trustees of the Noe Annuity Plan's sponsor-wide assets have grown 34.4% since 2022 across 3 plan years on file. More Construction plans