Defined Benefit (Pension) · DOL Form 5500 · 2023

Nec-IBEW Local 584 Pension Plan Pension Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
393
Participants Below avg headcount
82nd
Percentile by assets National rank
$96,673
Avg per participant Below avg balance/head
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Official DOL plan name: NECA-IBEW Local 584 Pension Plan · Sponsored by Nec-IBEW Local 584 Pension Plan · Texas · Construction

$38M in assets, 393 participants

Nec-IBEW Local 584 Pension Plan's NECA-IBEW Local 584 Pension Plan reported $38M in total assets and 393 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,282 in Construction (9,030 peers)

Where NECA-IBEW Local 584 Pension Plan sits by assets

NECA-IBEW Local 584 Pension Plan sits in the top quartile of all filed plans by assets, $38M for 393 participants (~$96,673/participant), up 13.0% in 2023.

#7,282
in Construction (9,030 peers)
+13.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

NECA-IBEW Local 584 Pension Plan's outsized position by total assets

NECA-IBEW Local 584 Pension Plan vs every filed plan by assets

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

$37,992,329 Top 18% higher than 82% 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 584 Pension Plan 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 584 Pension Plan sits mid-pack in the medium band (393 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • NECA-IBEW Local 584 Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • NECA-IBEW Local 584 Pension Plan reported participants fell from 592 in the plan year 2022 filing to 393 in the plan year 2023 filing.
  • NECA-IBEW Local 584 Pension Plan end-of-year assets rose from $34M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 736130146 · Nec-IBEW Local 584 Pension Plan PY 2023 · Defined Benefit (Pension)

NECA-IBEW Local 584 Pension Plan · $38M · 393 · 82nd

  • ASSETS $38M
  • PCT 393
  • EIN 82nd
  • RANK Defined Benefit (Pension)
  • PHOTO near The Monarch Cement Company Retirement Plan for Staff Employees
  • IND ind #7282

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 584 Pension Plan in the asset neighbourhood

Minnesota Twins Pension Plan$38MNoland Health Services Retirement Income PlanNoland Health Services Retir…$38MNECA-IBEW Local 584 Pension PlanNECA-IBEW Local 584 Pension …$38MThe Monarch Cement Company Retirement Plan for Staff EmployeesThe Monarch Cement Company R…$38MScotland Health Care System Employees' Pension PlanScotland Health Care System …$38M
End-of-year total assets ($M) among NECA-IBEW Local 584 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$38M
Net Income$4M
Employer EIN736130146
Plan Effective Date1969-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nec-IBEW Local 584 Pension Plan)

Sponsor-wide plan assets over time

All Nec-IBEW Local 584 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$42M 25.86535616809415% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33.6M $42.3M ▲ +25.9%
Year Plans Participants Total Assets
2022 1 592 $34M
2023 1 393 $38M
2024 1 313 $42M

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

NECA-IBEW Local 584 Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants NECA-IBEW Local 584 Pension Plan, Total assets ($B): 0.037992329 · Participants: 393NECA-IBEW Local 584 Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
NECA-IBEW Local 584 Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

NECA-IBEW Local 584 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is The Monarch Cement Company Retirement Plan for Staff Employees in KS ($38M); by covered participants it is Roofers Local No. 74/ No. 203 Pension Plan in NY (393 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (393 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 584 Pension Plan assets move in 2023?
NECA-IBEW Local 584 Pension Plan grew at a solid clip - up 13.0% during 2023, from $34M to $38M. Reported net income was $4M.
How have Nec-IBEW Local 584 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Nec-IBEW Local 584 Pension Plan's sponsor-wide assets grew 25.9%, from $34M to $42M.
Where does NECA-IBEW Local 584 Pension Plan rank by assets among Form 5500 filers?
NECA-IBEW Local 584 Pension Plan ranks in the 82nd 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 Defined Benefit (Pension) plans are similar in size to NECA-IBEW Local 584 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Monarch Cement Company Retirement Plan for Staff Employees in KS ($38M, 58 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to NECA-IBEW Local 584 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Roofers Local No. 74/ No. 203 Pension Plan in NY (393 participants, $71M in assets).