Money Purchase · DOL Form 5500 · 2023

Board of Trustees, Southern California IBEW-NECA Money Purchase Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
26,117
Participants Very large workforce
99th
Percentile by assets National rank
$45,808
Avg per participant Low balance/head
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Official DOL plan name: Southern California IBEW-NECA Defined Contribution Plan · Sponsored by Board of Trustees, Southern California IBEW-NECA · California · Construction

$1.2B in assets, 26,117 participants

Board of Trustees, Southern California IBEW-NECA's Southern California IBEW-NECA Defined Contribution Plan reported $1.2B in total assets and 26,117 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,928 in Construction (9,030 peers)

Coverage in California

Southern California IBEW-NECA Defined Contribution Plan covers 26,117 participants in California, 41x the typical California plan (state average ~630 per filing). Assets: $1.2B.

#8,928
in Construction (9,030 peers)
+9.5%
assets growth YoY
12×
vs typical plan assets (national mean)

Southern California IBEW-NECA Defined Contribution Plan's outsized position by total assets

Southern California IBEW-NECA Defined Contribution Plan vs every filed plan by assets

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

$1,196,356,107 Top 1% higher than 99% 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

Southern California IBEW-NECA Defined Contribution Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern California IBEW-NECA Defined Contribution Plan is a mega filing (26,117 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern California IBEW-NECA Defined Contribution Plan reported net income rose from $61M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Southern California IBEW-NECA Defined Contribution Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Southern California IBEW-NECA Defined Contribution Plan reported participants rose from 25,395 in the plan year 2022 filing to 26,117 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 950079082 · Board of Trustees, Southern California IBEW-NECA PY 2023 · Money Purchase

Southern California IBEW-NECA Defined Contribution Plan · $1.2B · 26,117 · 99th

  • PART $1.2B
  • TYPE 26,117
  • NET 99th
  • BOOK Money Purchase
  • VS-ST near Iron Workers Locals 40, 361 & 417 Annuity Fund
  • BOY ind #8928

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 California →

Southern California IBEW-NECA Defined Contribution Plan in the asset neighbourhood

Employees Retirement Plan of Marshfield ClinicEmployees Retirement Plan of…$1.3BThe George Washington University Retirement Plan for Faculty and StaffThe George Washington Univer…$1.3BSouthern California IBEW-NECA Defined Contribution PlanSouthern California IBEW-NEC…$1.2BIron Workers Locals 40, 361 & 417 Annuity FundIron Workers Locals 40, 361 …$1.2BOccidental Petroleum Corporation Retirement PlanOccidental Petroleum Corpora…$1.1B
End-of-year total assets ($B) among Southern California IBEW-NECA Defined Contribution Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$97M
Employer EIN950079082
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Southern California IBEW-NECA)

Sponsor-wide plan assets over time

All Board of Trustees, Southern California IBEW-NECA plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 17.500938834046593% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B 202220232024 $1.09B $1.28B ▲ +17.4%
Year Plans Participants Total Assets
2022 1 25,395 $1.1B
2023 1 26,117 $1.2B
2024 1 26,682 $1.3B

Nearby Money Purchase Plans in California

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

Southern California IBEW-NECA Defined Contribution Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. 150002000025000300003500040000 02468 Total assets ($B) Participants Southern California IBEW-NECA Defined Contribution Plan, Total assets ($B): 1.196356107 · Participants: 26117Southern California IBEW-NECA Defined Contribution PlanThe Permanente Contribution Plan of the Permanente Medical Group, Inc., Total assets ($B): 6.965801295 · Participants: 18060The Permanente Contribution Plan of the Permanente Medical Group, Inc.Kaiser Permanente Supplemental Savings and Retirement Plan, Total assets ($B): 5.097985049 · Participants: 36330Kaiser Permanente Supplemental Savings and Retirement PlanUniversity of Southern California Defined Contribution Retirement Plan, Total assets ($B): 4.426886727 · Participants: 20136University of Southern California Defined Contribution Retirement PlanCarpenters Annuity Trust Fund for Northern California, Total assets ($B): 3.257361302 · Participants: 25961Carpenters Annuity Trust Fund for Northern CaliforniaDirectors Guild of America-Producer Pension Plan Supplemental Benefit Plan, Total assets ($B): 2.151319709 · Participants: 23168Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan
Southern California IBEW-NECA Defined Contribution Plan vs. nearby Money Purchase plans in California, assets vs. participants
Compare Southern California IBEW-NECA Defined Contribution Plan side-by-side with 3 peers →

Scale composition for Southern California IBEW-NECA Defined Contribution Plan

Southern California IBEW-NECA Defined Contribution Plan reports $1.2B in end-of-year assets across 26,117 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $45,808 per participant (33% of the national average assets-per-participant) . Net income for plan year 2023 was $97M.

This plan identity (EIN 950079082, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.3B (+17.5%) while covered participants moved from 25,395 to 26,682 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 25,395 $1.1B Open filing
2023 26,117 $1.2B This page
2024 · index core 26,682 $1.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Southern California IBEW-NECA Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount

Outside California, the nearest Money Purchase by assets is Iron Workers Locals 40, 361 & 417 Annuity Fund in NY ($1.2B); by covered participants it is International Brotherhood of Trade Unions Local 713 Annuity Fund in NY (26,434 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26,117 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 Southern California IBEW-NECA Defined Contribution Plan assets move in 2023? ▼
Southern California IBEW-NECA Defined Contribution Plan grew at a solid clip - up 9.5% during 2023, from $1.1B to $1.2B. Reported net income was $97M.
How have Board of Trustees, Southern California IBEW-NECA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, Southern California IBEW-NECA's sponsor-wide assets grew 17.5%, from $1.1B to $1.3B.
Where does Southern California IBEW-NECA Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Southern California IBEW-NECA Defined Contribution Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Money Purchase plans are similar in size to Southern California IBEW-NECA Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Iron Workers Locals 40, 361 & 417 Annuity Fund in NY ($1.2B, 4,998 participants).
Which Money Purchase plans cover a similar participant headcount to Southern California IBEW-NECA Defined Contribution Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is International Brotherhood of Trade Unions Local 713 Annuity Fund in NY (26,434 participants, $29M 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 950079082.

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.