Profit Sharing · DOL Form 5500 · 2024

Trustees of NECA-IBEW 1205 Pension Fund Profit Sharing Plan

Data updated 2026-07-24

$54M
Total assets: 757
Participants: 85th
Percentile by assets: $70,705
Avg per participant

Official DOL plan name: NECA-IBEW 1205 Pension Fund · Sponsored by Trustees of NECA-IBEW 1205 Pension Fund · Florida · Construction

$54M in assets, 757 participants

Trustees of NECA-IBEW 1205 Pension Fund's NECA-IBEW 1205 Pension Fund reported $54M in total assets and 757 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

85th percentile by assets (of 116,472 plans)

Where NECA-IBEW 1205 Pension Fund sits by assets

NECA-IBEW 1205 Pension Fund sits in the top quartile of all filed plans by assets, $54M for 757 participants (~$70,705/participant), up 12.5% in 2024.

$54M
total plan assets (2024 EOY): 757
covered participants: 85th
percentile by assets (of 116,472 plans): $70,705
avg assets per participant

NECA-IBEW 1205 Pension Fund reported net income fell from $8M in the plan year 2023 filing to $6M in the plan year 2024 filing.
NECA-IBEW 1205 Pension Fund end-of-year assets rose from $48M in the plan year 2023 filing to $54M in the plan year 2024 filing.
NECA-IBEW 1205 Pension Fund reported participants rose from 693 in the plan year 2023 filing to 757 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Florida

Industry

Construction

NECA-IBEW 1205 Pension Fund vs the 2024 asset distribution

By assets, NECA-IBEW 1205 Pension Fund outranks 85% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$48M
Net Assets (End of Year)	$54M
Net Income	$6M
Employer EIN	593106802
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of NECA-IBEW 1205 Pension Fund)

Total plan assets by year, all Trustees of NECA-IBEW 1205 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	714	$40M
2023	1	693	$48M
2024	1	757	$54M

Nearby Profit Sharing Plans in Florida

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

NECA-IBEW 1205 Pension Fund vs. nearby Profit Sharing plans in Florida, assets vs. participants

Shands Health Care Matched Savings Account 401(a) $487M · 10,470
Orlando Health, Inc. Retirement Savings Plan 401a $458M · 27,976
Lakeland Regional Medical Center Retirement Plan Trust $189M · 5,019
Plumbers & Steamfitters 72 Defined Contrib Fund $162M · 3,631
Brooks Rehabilitation 403(b) Retirement Plan $123M · 957

Compare NECA-IBEW 1205 Pension Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to NECA-IBEW 1205 Pension Fund by total assets, not by location.

IBEW Local 56 Employees Deferred Savings Plan (PA) $54M · 306
Hp Inc. Puerto Rico Tax Savings Capital Accumulation Plan (TX) $53M · 25
Regional District Council Retirement Plan (OR) $54M · N/A
Annual Reviews 403(b) DC Plan (CA) $53M · 95

Frequently Asked Questions

How did NECA-IBEW 1205 Pension Fund assets move in 2024? ▼

NECA-IBEW 1205 Pension Fund grew at a solid clip - up 12.5% during 2024, from $48M to $54M. Reported net income was $6M.

How have Trustees of NECA-IBEW 1205 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW 1205 Pension Fund's sponsor-wide assets grew 35.1%, from $40M to $54M.

Where does NECA-IBEW 1205 Pension Fund rank by assets among Form 5500 filers? ▼

NECA-IBEW 1205 Pension Fund ranks in the 85th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to NECA-IBEW 1205 Pension Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is IBEW Local 56 Employees Deferred Savings Plan in PA ($54M, 306 participants).

Next read for NECA-IBEW 1205 Pension Fund

Scale reading

Ways to act on NECA-IBEW 1205 Pension Fund's numbers.

By total assets, NECA-IBEW 1205 Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Florida. Compare plans
Trustees of NECA-IBEW 1205 Pension Fund's sponsor-wide assets have grown 35.1% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 593106802.

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.