Profit Sharing · DOL Form 5500 · 2023

Bd of Trustees NECA-IBEW Local Union No 35 Profit Sharing Plan

Data updated 2026-08-11

$90M
Total assets: 440
Participants: 91st
Percentile by assets: $204,250
Avg per participant

Official DOL plan name: N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan · Sponsored by Bd of Trustees NECA-IBEW Local Union No 35 · Connecticut · Construction

$90M in assets, 440 participants

Bd of Trustees NECA-IBEW Local Union No 35's N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan reported $90M in total assets and 440 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 127,072 plans)
#8,016 in Construction (9,030 peers)

Where N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan sits by assets

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan sits in the top 10% of all filed plans by assets, $90M for 440 participants (~$204,250/participant), up 11.1% in 2023.

$90M
total plan assets (2023 EOY): 440
covered participants: 91st
percentile by assets (of 127,072 plans): $204,250
avg assets per participant

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan reported net income rose from $2M in the plan year 2022 filing to $9M in the plan year 2023 filing.
N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan end-of-year assets rose from $81M in the plan year 2022 filing to $90M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Connecticut

Industry

Construction

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan vs the 2023 asset distribution

By assets, N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$81M
Net Assets (End of Year)	$90M
Net Income	$9M
Employer EIN	060008934
Plan Effective Date	1980-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Bd of Trustees NECA-IBEW Local Union No 35)

Total plan assets by year, all Bd of Trustees NECA-IBEW Local Union No 35 plans on file

Year	Plans	Participants	Total Assets
2022	1	444	$81M
2023	1	440	$90M
2024	1	440	$96M

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

North Atlantic States Carpenters Annuity Plan $1.3B · 11,025
Connecticut Children's Retirement Savings Plan $467M · 3,094
The Lee Company Profit Sharing Plan $449M · 989
Connecticut Pipetrades Local No. 777 Annuity Plan $246M · 2,559
Connecticut Laborers' Annuity Plan $245M · 3,065

Compare N.E.C.a.-I.B.E.W. Local Union No. 35 Ann… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan by total assets, not by location.

Thatcher Company Profit Sharing Plan (UT) $90M · 405
Buyers Products Company Employees Profit Sharing Plan (OH) $90M · 761
Indel/Inductotherm Corp. Profit Sharing Plan (NJ) $89M · 214
Iron Workers Local 17 Annuity Fund (MI) $89M · 1,160

Frequently Asked Questions

How did N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan assets move in 2023? ▼

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan grew at a solid clip - up 11.1% during 2023, from $81M to $90M. Reported net income was $9M.

How have Bd of Trustees NECA-IBEW Local Union No 35 plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Bd of Trustees NECA-IBEW Local Union No 35's sponsor-wide assets grew 19.1%, from $81M to $96M.

Where does N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan rank by assets among Form 5500 filers? ▼

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Thatcher Company Profit Sharing Plan in UT ($90M, 405 participants).

Next read for N.E.C.a.-I.B.E.W. Local Union No. 35 Ann…

Scale reading

Ways to act on N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan's numbers.

By total assets, N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Connecticut. Compare plans
Bd of Trustees NECA-IBEW Local Union No 35's sponsor-wide assets have grown 19.1% since 2022 across 3 plan years on file. More Construction plans

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 060008934.