401(k) · DOL Form 5500 · 2024

Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund 401(k) Plan

Data updated 2026-08-25

$138M
Total assets Near avg plan size
3,913
Participants Above avg headcount
93rd
Percentile by assets National rank
$35,372
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local Union No. 520 Annuity Plan · Sponsored by Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund · New Mexico · Construction

$138M in assets, 3,913 participants

Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund's IBEW Local Union No. 520 Annuity Plan reported $138M in total assets and 3,913 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,236 in Construction (9,039 peers)

Coverage in New Mexico

IBEW Local Union No. 520 Annuity Plan covers 3,913 participants in New Mexico, 11x the typical New Mexico plan (state average ~365 per filing). Assets: $138M.

#8,236
in Construction (9,039 peers)
+14.3%
assets growth YoY
1.4×
vs typical plan assets (national mean)

IBEW Local Union No. 520 Annuity Plan's outsized position by total assets

IBEW Local Union No. 520 Annuity Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$138,410,348 Top 7% higher than 93% of 123,620 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 2024

IBEW Local Union No. 520 Annuity Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local Union No. 520 Annuity Plan lands in the large band (3,913 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union No. 520 Annuity Plan end-of-year assets rose from $121M in the plan year 2023 filing to $138M in the plan year 2024 filing.
  • IBEW Local Union No. 520 Annuity Plan reported net income fell from $19M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • IBEW Local Union No. 520 Annuity Plan reported participants rose from 3,818 in the plan year 2023 filing to 3,913 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 752072597 · Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund PY 2024 · 401(k)

IBEW Local Union No. 520 Annuity Plan · $138M · 3,913 · 93rd

  • TYPE $138M
  • NET 3,913
  • BOOK 93rd
  • VS-ST 401(k)
  • BOY near Cargurus, Inc. 401(k) Profit Sharing Plan
  • SCH ind #8236

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 New Mexico →

IBEW Local Union No. 520 Annuity Plan in the asset neighbourhood

Hardesty & Hanover Employees' 401(k) Profit Sharing PlanHardesty & Hanover Employees…$138MCargurus, Inc. 401(k) Profit Sharing PlanCargurus, Inc. 401(k) Profit…$138MIBEW Local Union No. 520 Annuity PlanIBEW Local Union No. 520 Ann…$138MImagine Learning LLC 401(k) PlanImagine Learning LLC 401(k) …$138MThe Vanderweil Companies Savings PlanThe Vanderweil Companies Sav…$138M
End-of-year total assets ($M) among IBEW Local Union No. 520 Annuity Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$121M
Net Assets (End of Year)$138M
Net Income$17M
Employer EIN752072597
Plan Effective Date1997-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund)

Sponsor-wide plan assets over time

All Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$138M 35.056139635109886% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $102M $138M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 3,700 $102M
2023 1 3,818 $121M
2024 1 3,913 $138M

Nearby 401(k) Plans in New Mexico

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

IBEW Local Union No. 520 Annuity Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants IBEW Local Union No. 520 Annuity Plan, Total assets ($B): 0.138410348 · Participants: 3913IBEW Local Union No. 520 Annuity PlanNtess Savings and Income Plan, Total assets ($B): 7.248575896 · Participants: 15926Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.492057254 · Participants: 11744Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.899933857 · Participants: 2058Triad 401(k) Savings PlanTxnm Energy, Inc. Retirement Savings Plan, Total assets ($B): 0.826572097 · Participants: 1631Txnm Energy, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.647938985 · Participants: 2218Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
IBEW Local Union No. 520 Annuity Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare IBEW Local Union No. 520 Annuity Plan side-by-side with 3 peers →

IBEW Local Union No. 520 Annuity Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Cargurus, Inc. 401(k) Profit Sharing Plan in MA ($138M); by covered participants it is Rai 401(k) Savings Plan in NC (3,913 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($138M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,913 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did IBEW Local Union No. 520 Annuity Plan assets move in 2024? ▼
IBEW Local Union No. 520 Annuity Plan grew at a solid clip - up 14.3% during 2024, from $121M to $138M. Reported net income was $17M.
How have Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of IBEW Local Union No. 520 Annuity Trust Fund's sponsor-wide assets grew 35.1%, from $102M to $138M.
Where does IBEW Local Union No. 520 Annuity Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 520 Annuity Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union No. 520 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cargurus, Inc. 401(k) Profit Sharing Plan in MA ($138M, 1,042 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 520 Annuity Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rai 401(k) Savings Plan in NC (3,913 participants, $2.0B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 752072597.

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.