401(k) · DOL Form 5500 · 2023

Board of Trustees, IBEW Local 40 - NECA 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
404
Participants Below avg headcount
81st
Percentile by assets National rank
$86,842
Avg per participant Below avg balance/head
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Official DOL plan name: IBEW Local 40 - NECA 401(k) Plan · Sponsored by Board of Trustees, IBEW Local 40 - NECA 401(k) Plan · California · Construction

$35M in assets, 404 participants

Board of Trustees, IBEW Local 40 - NECA 401(k) Plan's IBEW Local 40 - NECA 401(k) Plan reported $35M in total assets and 404 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,197 in Construction (9,030 peers)

Where IBEW Local 40 - NECA 401(k) Plan sits by assets

IBEW Local 40 - NECA 401(k) Plan sits in the top quartile of all filed plans by assets, $35M for 404 participants (~$86,842/participant), up 26.9% in 2023.

#7,197
in Construction (9,030 peers)
+26.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

IBEW Local 40 - NECA 401(k) Plan's outsized position by total assets

IBEW Local 40 - NECA 401(k) Plan vs every filed plan by assets

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

$35,084,310 Top 19% higher than 81% 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

IBEW Local 40 - NECA 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 40 - NECA 401(k) Plan sits mid-pack in the medium band (404 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • IBEW Local 40 - NECA 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • IBEW Local 40 - NECA 401(k) Plan end-of-year assets rose from $28M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • IBEW Local 40 - NECA 401(k) Plan reported participants rose from 367 in the plan year 2022 filing to 404 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 912018522 · Board of Trustees, IBEW Local 40 - NECA 401(k) Plan PY 2023 · 401(k)

IBEW Local 40 - NECA 401(k) Plan · $35M · 404 · 81st

  • RANK $35M
  • PHOTO 404
  • IND 81st
  • EOY 401(k)
  • 5500 near Badger Plug Company Retirement & 401(k)Plan
  • ASSETS ind #7197

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 →

IBEW Local 40 - NECA 401(k) Plan in the asset neighbourhood

Midwest Tape, LLC 401(k) Profit Sharing PlanMidwest Tape, LLC 401(k) Pro…$35MIBEW Local 40 - NECA 401(k) PlanIBEW Local 40 - NECA 401(k) …$35MBadger Plug Company Retirement & 401(k)PlanBadger Plug Company Retireme…$35MFirst Savings Bank Employees' Savings & Profit Sharing PlanFirst Savings Bank Employees…$35MDrive Shack and American Golf 401(k) Retirement Savings PlanDrive Shack and American Gol…$35M
End-of-year total assets ($M) among IBEW Local 40 - NECA 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$35M
Net Income$7M
Employer EIN912018522
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, IBEW Local 40 - NECA 401(k) Plan)

Sponsor-wide plan assets over time

All Board of Trustees, IBEW Local 40 - NECA 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$40M 45.77701770420086% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.7M $40.3M ▲ +45.8%
Year Plans Participants Total Assets
2022 1 367 $28M
2023 1 404 $35M
2024 1 401 $40M

Nearby 401(k) Plans in California

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

IBEW Local 40 - NECA 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants IBEW Local 40 - NECA 401(k) Plan, Total assets ($B): 0.03508431 · Participants: 404IBEW Local 40 - NECA 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
IBEW Local 40 - NECA 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare IBEW Local 40 - NECA 401(k) Plan side-by-side with 3 peers →

IBEW Local 40 - NECA 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Badger Plug Company Retirement & 401(k)Plan in WI ($35M); by covered participants it is Bradley Caldwell, Inc. 401(k) Retirement Savings Plan in PA (404 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (404 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 IBEW Local 40 - NECA 401(k) Plan assets move in 2023? ▼
IBEW Local 40 - NECA 401(k) Plan grew sharply - up 26.9% during 2023, from $28M to $35M. Reported net income was $7M.
How have Board of Trustees, IBEW Local 40 - NECA 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees, IBEW Local 40 - NECA 401(k) Plan's sponsor-wide assets grew 45.8%, from $28M to $40M.
Where does IBEW Local 40 - NECA 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local 40 - NECA 401(k) Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local 40 - NECA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Badger Plug Company Retirement & 401(k)Plan in WI ($35M, 184 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local 40 - NECA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bradley Caldwell, Inc. 401(k) Retirement Savings Plan in PA (404 participants, $27M 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 912018522.

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.