Money Purchase · DOL Form 5500 · 2023

National Electrical Benefit Fund Money Purchase Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
153
Participants Small participant base
83rd
Percentile by assets National rank
$263,387
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: National Electrical Benefit Fund Defined Contribution Plan · Sponsored by National Electrical Benefit Fund · Maryland · Finance & Insurance

$40M in assets, 153 participants

National Electrical Benefit Fund's National Electrical Benefit Fund Defined Contribution Plan reported $40M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,575 in Finance & Insurance (8,869 peers)

Coverage in Maryland

National Electrical Benefit Fund Defined Contribution Plan covers 153 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $40M.

#6,575
in Finance & Insurance (8,869 peers)
+14.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

National Electrical Benefit Fund Defined Contribution Plan's outsized position by total assets

National Electrical Benefit Fund Defined Contribution Plan vs every filed plan by assets

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

$40,298,219 Top 17% higher than 83% 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

National Electrical Benefit Fund Defined Contribution 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. National Electrical Benefit Fund Defined Contribution Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Electrical Benefit Fund Defined Contribution Plan reported net income rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • National Electrical Benefit Fund Defined Contribution Plan reported participants rose from 130 in the plan year 2022 filing to 153 in the plan year 2023 filing.
  • National Electrical Benefit Fund Defined Contribution Plan end-of-year assets rose from $35M in the plan year 2022 filing to $40M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 530181657 · National Electrical Benefit Fund PY 2023 · Money Purchase

National Electrical Benefit Fund Defined Contribution Plan · $40M · 153 · 83rd

  • PART $40M
  • PART 153
  • PART 83rd
  • PART Money Purchase
  • PART near IBEW Local 1245 Money Purchase Pension Plan
  • PART ind #6575

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 Maryland →

National Electrical Benefit Fund Defined Contribution Plan in the asset neighbourhood

Plumbers & Steamfitters Local #83 Retirement FundPlumbers & Steamfitters Loca…$41MIBEW Local 684 Money Purchase Pension and Profit Sharing PlanIBEW Local 684 Money Purchas…$41MIBEW Local 1245 Money Purchase Pension PlanIBEW Local 1245 Money Purcha…$40MNational Electrical Benefit Fund Defined Contribution PlanNational Electrical Benefit …$40MSup Money Purchase Pension PlanSup Money Purchase Pension P…$40M
End-of-year total assets ($M) among National Electrical Benefit Fund Defined Contribution Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN530181657
Plan Effective Date1953-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Electrical Benefit Fund)

Sponsor-wide plan assets over time

All National Electrical Benefit Fund plans reported in each filing year

Latest sponsor-wide plan assets
$20.4B 58058.710248564545% vs 2022
2024 filing year
$0B$10B$20B$30B 202220232024 $0.04B $20.4B ▲ +50950.0%
Year Plans Participants Total Assets
2022 1 130 $35M
2023 2 323,468 $18.9B
2024 2 332,508 $20.4B

Nearby Money Purchase Plans in Maryland

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

National Electrical Benefit Fund Defined Contribution Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants National Electrical Benefit Fund Defined Contribution Plan, Total assets ($B): 0.040298219 · Participants: 153National Electrical Benefit Fund Defined Contribution PlanNational Electrical Annuity Plan, Total assets ($B): 15.807345093 · Participants: 84425National Electrical Annuity PlanThe Johns Hopkins University Applied Physics Laboratory Pension Plan a, Total assets ($B): 2.673002016 · Participants: 7852The Johns Hopkins University Applied Physics Laboratory Pension Plan aMeba Pension Trust-Money Purchase Benefit Plan, Total assets ($B): 0.26967278 · Participants: 2948Meba Pension Trust-Money Purchase Benefit PlanSeafarers Money Purchase Pension Plan, Total assets ($B): 0.154828727 · Participants: 7644Seafarers Money Purchase Pension PlanDefined Contribution Plan for the Employees of the American Institute of Physics, Total assets ($B): 0.131117321 · Participants: 230Defined Contribution Plan for the Employees of the American Institute of Physics
National Electrical Benefit Fund Defined Contribution Plan vs. nearby Money Purchase plans in Maryland, assets vs. participants

National Electrical Benefit Fund Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount

Outside Maryland, the nearest Money Purchase by assets is IBEW Local 1245 Money Purchase Pension Plan in CA ($40M); by covered participants it is Planned Parenthood of St. Louis Region Pension Plan in MO (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 National Electrical Benefit Fund Defined Contribution Plan assets move in 2023?
National Electrical Benefit Fund Defined Contribution Plan grew at a solid clip - up 14.8% during 2023, from $35M to $40M. Reported net income was $5M.
How have National Electrical Benefit Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), National Electrical Benefit Fund's sponsor-wide assets grew 58058.7%, from $35M to $20.4B.
Where does National Electrical Benefit Fund Defined Contribution Plan rank by assets among Form 5500 filers?
National Electrical Benefit Fund Defined Contribution Plan ranks in the 83rd 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 Money Purchase plans are similar in size to National Electrical Benefit Fund Defined Contribution Plan?
Among Money Purchase plans in other states, the closest by assets is IBEW Local 1245 Money Purchase Pension Plan in CA ($40M, 54 participants).
Which Money Purchase plans cover a similar participant headcount to National Electrical Benefit Fund Defined Contribution Plan?
Among Money Purchase plans in other states, the closest by covered participants is Planned Parenthood of St. Louis Region Pension Plan in MO (154 participants, $1M in assets).