401(k) · DOL Form 5500 · 2023

Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
522
Participants Below avg headcount
86th
Percentile by assets National rank
$102,215
Avg per participant Below avg balance/head
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Official DOL plan name: Local 231 IBEW Retirement Plan · Sponsored by Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust · Nebraska · Construction

$53M in assets, 522 participants

Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust's Local 231 IBEW Retirement Plan reported $53M in total assets and 522 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,584 in Construction (9,030 peers)

Where Local 231 IBEW Retirement Plan sits by assets

Local 231 IBEW Retirement Plan sits in the top quartile of all filed plans by assets, $53M for 522 participants (~$102,215/participant), up 11.7% in 2023.

#7,584
in Construction (9,030 peers)
+11.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Local 231 IBEW Retirement Plan's outsized position by total assets

Local 231 IBEW Retirement Plan vs every filed plan by assets

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

$53,356,208 Top 14% higher than 86% 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

Local 231 IBEW Retirement 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. Local 231 IBEW Retirement Plan sits mid-pack in the medium band (522 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 231 IBEW Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Local 231 IBEW Retirement Plan end-of-year assets rose from $48M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • Local 231 IBEW Retirement Plan reported participants rose from 510 in the plan year 2022 filing to 522 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 421086362 · Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust PY 2023 · 401(k)

Local 231 IBEW Retirement Plan · $53M · 522 · 86th

  • NET $53M
  • BOOK 522
  • VS-ST 86th
  • BOY 401(k)
  • SCH near Independent Professional Services 401(k) & Profit Sharing Plan
  • EBSA ind #7584

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 Nebraska →

Local 231 IBEW Retirement Plan in the asset neighbourhood

Ncc Group 401(k) Plan$53MLocal 231 IBEW Retirement PlanLocal 231 IBEW Retirement Pl…$53MIndependent Professional Services 401(k) & Profit Sharing PlanIndependent Professional Ser…$53MUbs Financial Services Inc of Puerto Rico Savings Plus Plan TrustUbs Financial Services Inc o…$53MMaclean Power 401(k) Plan$53M
End-of-year total assets ($M) among Local 231 IBEW Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$53M
Net Income$6M
Employer EIN421086362
Plan Effective Date1977-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust)

Sponsor-wide plan assets over time

All Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust plans reported in each filing year

Latest sponsor-wide plan assets
$63M 32.683177022887634% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $47.8M $63.4M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 510 $48M
2023 1 522 $53M
2024 1 419 $63M

Nearby 401(k) Plans in Nebraska

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

Local 231 IBEW Retirement Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -202468 Total assets ($B) Participants Local 231 IBEW Retirement Plan, Total assets ($B): 0.053356208 · Participants: 522Local 231 IBEW Retirement PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 6.272854301 · Participants: 10652Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.422593059 · Participants: 16947Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.265096577 · Participants: 5470Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.255128453 · Participants: 27770Union Pacific Agreement Employee 401(k) Retirement Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.926040387 · Participants: 5038First National of Nebraska, Inc. First Savings Plan
Local 231 IBEW Retirement Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants
Compare Local 231 IBEW Retirement Plan side-by-side with 3 peers →

Local 231 IBEW Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Nebraska, the nearest 401(k) by assets is Independent Professional Services 401(k) & Profit Sharing Plan in PA ($53M); by covered participants it is Mnp Corporation 401(k) Profit Sharing Plan in MI (522 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (522 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 Local 231 IBEW Retirement Plan assets move in 2023? ▼
Local 231 IBEW Retirement Plan grew at a solid clip - up 11.7% during 2023, from $48M to $53M. Reported net income was $6M.
How have Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 231 IBEW and Iowa NECA Sioux City Division Joint Board of Trust's sponsor-wide assets grew 32.7%, from $48M to $63M.
Where does Local 231 IBEW Retirement Plan rank by assets among Form 5500 filers? ▼
Local 231 IBEW Retirement Plan ranks in the 86th 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 Local 231 IBEW Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Independent Professional Services 401(k) & Profit Sharing Plan in PA ($53M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Local 231 IBEW Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mnp Corporation 401(k) Profit Sharing Plan in MI (522 participants, $44M 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 421086362.

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.