401(k) · DOL Form 5500 · 2023

Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
1,174
Participants Near avg headcount
79th
Percentile by assets National rank
$24,800
Avg per participant Low balance/head
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Official DOL plan name: NECA - IBEW Local Union No 584 Profit Sharing Plan · Sponsored by Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan · Texas · Construction

$29M in assets, 1,174 participants

Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan's NECA - IBEW Local Union No 584 Profit Sharing Plan reported $29M in total assets and 1,174 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,967 in Construction (9,030 peers)

Where NECA - IBEW Local Union No 584 Profit Sharing Plan sits by assets

NECA - IBEW Local Union No 584 Profit Sharing Plan sits in the top quartile of all filed plans by assets, $29M for 1,174 participants (~$24,800/participant), up 18.0% in 2023.

#6,967
in Construction (9,030 peers)
+18.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

NECA - IBEW Local Union No 584 Profit Sharing Plan's outsized position by total assets

NECA - IBEW Local Union No 584 Profit Sharing Plan vs every filed plan by assets

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

$29,115,336 Top 21% higher than 79% 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

NECA - IBEW Local Union No 584 Profit Sharing 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. NECA - IBEW Local Union No 584 Profit Sharing Plan lands in the large band (1,174 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • NECA - IBEW Local Union No 584 Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • NECA - IBEW Local Union No 584 Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • NECA - IBEW Local Union No 584 Profit Sharing Plan reported participants fell from 1,250 in the plan year 2022 filing to 1,174 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 731407442 · Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan PY 2023 · 401(k)

NECA - IBEW Local Union No 584 Profit Sharing Plan · $29M · 1,174 · 79th

  • ASSETS $29M
  • PCT 1,174
  • EIN 79th
  • RANK 401(k)
  • PHOTO near Concept Rehab, Inc. 401(k) Plan
  • IND ind #6967

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 Texas →

NECA - IBEW Local Union No 584 Profit Sharing Plan in the asset neighbourhood

NECA - IBEW Local Union No 584 Profit Sharing PlanNECA - IBEW Local Union No 5…$29MConcept Rehab, Inc. 401(k) PlanConcept Rehab, Inc. 401(k) P…$29MIgus Bearings, Inc. 401(k) PlanIgus Bearings, Inc. 401(k) P…$29MUhl Company, Inc. Profit Sharing PlanUhl Company, Inc. Profit Sha…$29MAmerican Federation of Teachers Opeiu Local 2 Retirement Plan and TrustAmerican Federation of Teach…$29M
End-of-year total assets ($M) among NECA - IBEW Local Union No 584 Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$29M
Net Income$4M
Employer EIN731407442
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan)

Sponsor-wide plan assets over time

All Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$33M 35.410148634734504% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.7M $33.4M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 1,250 $25M
2023 1 1,174 $29M
2024 1 1,133 $33M

Nearby 401(k) Plans in Texas

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

NECA - IBEW Local Union No 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants NECA - IBEW Local Union No 584 Profit Sharing Plan, Total assets ($B): 0.029115336 · Participants: 1174NECA - IBEW Local Union No 584 Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
NECA - IBEW Local Union No 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

NECA - IBEW Local Union No 584 Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Concept Rehab, Inc. 401(k) Plan in OH ($29M); by covered participants it is Molded Fiber Glass Companies Profit Sharing & 401(k) Plan in OH (1,174 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,174 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 NECA - IBEW Local Union No 584 Profit Sharing Plan assets move in 2023?
NECA - IBEW Local Union No 584 Profit Sharing Plan grew sharply - up 18.0% during 2023, from $25M to $29M. Reported net income was $4M.
How have Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of NECA-IBEW Lu Number 584 Profit Sharing Plan's sponsor-wide assets grew 35.4%, from $25M to $33M.
Where does NECA - IBEW Local Union No 584 Profit Sharing Plan rank by assets among Form 5500 filers?
NECA - IBEW Local Union No 584 Profit Sharing Plan ranks in the 79th 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 401(k) plans are similar in size to NECA - IBEW Local Union No 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Concept Rehab, Inc. 401(k) Plan in OH ($29M, 515 participants).
Which 401(k) plans cover a similar participant headcount to NECA - IBEW Local Union No 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Molded Fiber Glass Companies Profit Sharing & 401(k) Plan in OH (1,174 participants, $63M in assets).