401(k) · DOL Form 5500 · 2024
Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne 401(k) Plan
Data updated 2026-08-25
- $496M
- Total assets Above avg plan size
- 3,623
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $136,963
- Avg per participant Near avg balance/head
Official DOL plan name: Western Pennsylvania Electrical Employees Deferred Compensation Plan · Sponsored by Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne · Pennsylvania · Construction
$496M in assets, 3,623 participants
Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's Western Pennsylvania Electrical Employees Deferred Compensation Plan reported $496M in total assets and 3,623 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,760 in Construction (9,039 peers)
Coverage in Pennsylvania
Western Pennsylvania Electrical Employees Deferred Compensation Plan covers 3,623 participants in Pennsylvania, 4.4x the typical Pennsylvania plan (state average ~822 per filing). Assets: $496M.
- #8,760
- in Construction (9,039 peers)
- +10.0%
- assets growth YoY
- 5.0×
- vs typical plan assets (national mean)
Western Pennsylvania Electrical Employees Deferred Compensation Plan's outsized position by total assets
Western Pennsylvania Electrical Employees Deferred Compensation Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$496,216,869 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Western Pennsylvania Electrical Employees Deferred Compensation 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. Western Pennsylvania Electrical Employees Deferred Compensation Plan lands in the large band (3,623 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Western Pennsylvania Electrical Employees Deferred Compensation Plan reported net income fell from $50M in the plan year 2023 filing to $45M in the plan year 2024 filing.
- Western Pennsylvania Electrical Employees Deferred Compensation Plan end-of-year assets rose from $451M in the plan year 2023 filing to $496M in the plan year 2024 filing.
- Western Pennsylvania Electrical Employees Deferred Compensation Plan reported participants rose from 3,460 in the plan year 2023 filing to 3,623 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 251368983 · Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne PY 2024 · 401(k)
Western Pennsylvania Electrical Employees Deferred Compensation Plan · $496M · 3,623 · 97th
- PART $496M
- PART 3,623
- PART 97th
- PART 401(k)
- PART near Medical Solutions 401(k) Plan
- PART ind #8760
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 Pennsylvania →
Western Pennsylvania Electrical Employees Deferred Compensation Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $451M |
|---|---|
| Net Assets (End of Year) | $496M |
| Net Income | $45M |
| Employer EIN | 251368983 |
| Plan Effective Date | 1978-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne)
Sponsor-wide plan assets over time
All Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plans reported in each filing year
- Latest sponsor-wide plan assets
- $496M 23.857419576747407% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,236 | $401M |
| 2023 | 1 | 3,460 | $451M |
| 2024 | 1 | 3,623 | $496M |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Western Pennsylvania Electrical Employees Deferred Compensation Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Medical Solutions 401(k) Plan in NE ($496M); by covered participants it is Prosperity Bancshares, Inc. 401(k) Profit Sharing Plan in TX (3,623 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($496M here).
- Medical Solutions 401(k) Plan (NE) $496M · 15,775
- Altru Health System Retirement Savings Plan 401(k) (ND) $495M · 2,945
- Apogee Enterprises, Inc. 401(k) Retirement Plan (MN) $497M · 3,828
- Lendlease 401(k) Plan (NC) $495M · 1,028
Similar participant headcount
Nearest other-state filings by covered participants (3,623 participants); asset peers above are excluded.
- Prosperity Bancshares, Inc. 401(k) Profit Sharing Plan (TX) 3,623 · 0 off
- Country/ Iaa 401(k) Plan (IL) 3,624 · 1 off
- Confluence Health 401(k) Plan (WA) 3,624 · 1 off
- American Maritime Officers 401(k) Plan (FL) 3,621 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.