401(k) · DOL Form 5500 · 2024
Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne 401(k) Plan
Data updated 2026-08-11
- $496M
- Total assets
- 3,623
- Participants
- 97th
- Percentile by assets
- $136,963
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $496M
- total plan assets (2024 EOY)
- 3,623
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $136,963
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Western Pennsylvania Electrical Employees Deferred Compensation Plan reports 3,623 participants - 4.4x that state average ($496M EOY assets).
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)
| 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.
Western Pennsylvania Electrical Employees Deferred Compensation Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Western Pennsylvania Electrical Employees Deferred Compensation Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Western Pennsylvania Electrical Employees Deferred Compensation Plan assets move in 2024? ▼
How have Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne plan assets changed over time? ▼
Where does Western Pennsylvania Electrical Employees Deferred Compensation Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Western Pennsylvania Electrical Employees Deferred Compensation Plan? ▼
Next read for Western Pennsylvania Electrical Employee…
Filing takeaways
Ways to act on Western Pennsylvania Electrical Employees Deferred Compensation Plan's numbers.
- By total assets, Western Pennsylvania Electrical Employees Deferred Compensation Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Joint Board of Trustees, IBEW Local Union No 5 & Western PA Chapter Ne's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Construction plans