Profit Sharing · DOL Form 5500 · 2024

Trustees of NECA-IBEW 1205 Pension Fund Profit Sharing Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
757
Participants Near avg headcount
85th
Percentile by assets National rank
$70,705
Avg per participant Below avg balance/head
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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.

  • #7,507 in Construction (9,039 peers)

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.

#7,507
in Construction (9,039 peers)
+12.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

NECA-IBEW 1205 Pension Fund's outsized position by total assets

NECA-IBEW 1205 Pension Fund vs every filed plan by assets

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

$53,523,930 Top 15% higher than 85% 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

NECA-IBEW 1205 Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA-IBEW 1205 Pension Fund sits mid-pack in the medium band (757 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 593106802 · Trustees of NECA-IBEW 1205 Pension Fund PY 2024 · Profit Sharing

NECA-IBEW 1205 Pension Fund · $54M · 757 · 85th

  • IND $54M
  • EOY 757
  • 5500 85th
  • ASSETS Profit Sharing
  • PCT near IBEW Local 56 Employees Deferred Savings Plan
  • EIN ind #7507

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 Florida →

NECA-IBEW 1205 Pension Fund in the asset neighbourhood

Regional District Council Retirement PlanRegional District Council Re…$54MNECA-IBEW 1205 Pension Fund$54MIBEW Local 56 Employees Deferred Savings PlanIBEW Local 56 Employees Defe…$54MHp Inc. Puerto Rico Tax Savings Capital Accumulation PlanHp Inc. Puerto Rico Tax Savi…$53MAnnual Reviews 403(b) DC Plan$53M
End-of-year total assets ($M) among NECA-IBEW 1205 Pension Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$6M
Employer EIN593106802
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of NECA-IBEW 1205 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$54M 35.06461239188906% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.6M $53.5M ▲ +35.0%
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 Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants NECA-IBEW 1205 Pension Fund, Total assets ($B): 0.05352393 · Participants: 757NECA-IBEW 1205 Pension FundRetirement Wealth Builder Plan of Pwc, Total assets ($B): 5.704422812 · Participants: 45185Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.346943817 · Participants: 16046Raymond James Financial, Inc. & Affiliates Profit Sharing PlanShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.486868039 · Participants: 10470Shands Health Care Matched Savings Account 401(a)Orlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.458034121 · Participants: 27976Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.357314038 · Participants: 4201American Maritime Officers Defined Contribution Plan
NECA-IBEW 1205 Pension Fund vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare NECA-IBEW 1205 Pension Fund side-by-side with 3 peers →

NECA-IBEW 1205 Pension Fund's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is IBEW Local 56 Employees Deferred Savings Plan in PA ($54M); by covered participants it is College Entrance Examination Board Retirement Plan in NY (757 participants). Same-state nearby plans are listed separately above.

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 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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to NECA-IBEW 1205 Pension Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is College Entrance Examination Board Retirement Plan in NY (757 participants, $599M 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 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.