401(k) · DOL Form 5500 · 2024

Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan 401(k) Plan

Data updated 2026-08-11

$171M
Total assets
699
Participants
94th
Percentile by assets
$244,021
Avg per participant
PlainRetire home → About this data

Official DOL plan name: IBEW Local Union 271 NECA 401(k) Retirement Plan · Sponsored by Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan · Kansas · Construction

$171M in assets, 699 participants

Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan's IBEW Local Union 271 NECA 401(k) Retirement Plan reported $171M in total assets and 699 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #8,346 in Construction (9,039 peers)

Where IBEW Local Union 271 NECA 401(k) Retirement Plan sits by assets

IBEW Local Union 271 NECA 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $171M for 699 participants (~$244,021/participant), up 14.3% in 2024.

$171M
total plan assets (2024 EOY)
699
covered participants
94th
percentile by assets (of 123,622 plans)
$244,021
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union 271 NECA 401(k) Retirement Plan reported net income rose from $13M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • IBEW Local Union 271 NECA 401(k) Retirement Plan end-of-year assets rose from $149M in the plan year 2023 filing to $171M in the plan year 2024 filing.
  • IBEW Local Union 271 NECA 401(k) Retirement Plan reported participants rose from 639 in the plan year 2023 filing to 699 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

IBEW Local Union 271 NECA 401(k) Retirement Plan vs the 2024 asset distribution

By assets, IBEW Local Union 271 NECA 401(k) Retirement Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$170M
Net Income$21M
Employer EIN480859301
Plan Effective Date1989-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan)

$120M$140M$160M$180M 202220232024 $137M $171M â–² +24.6%
Total plan assets by year, all Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan plans on file
Year Plans Participants Total Assets
2022 1 633 $137M
2023 1 639 $149M
2024 1 699 $171M

Nearby 401(k) Plans in Kansas

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

IBEW Local Union 271 NECA 401(k) Retirement Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

IBEW Local Union 271 NECA 401(k) Retirement Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. 050001000015000 -1012345 Total assets ($B) Participants IBEW Local Union 271…Koch Employees' Savi…Performance Contract…Black & Veatch Retir…Garmin International…Spirit Aerosystems H…
IBEW Local Union 271 NECA 401(k) Retirement Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to IBEW Local Union 271 NECA 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did IBEW Local Union 271 NECA 401(k) Retirement Plan assets move in 2024?
IBEW Local Union 271 NECA 401(k) Retirement Plan grew at a solid clip - up 14.3% during 2024, from $149M to $171M. Reported net income was $21M.
How have Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the IBEW Local Union No 271 NECA 401(k)Retirement Plan's sponsor-wide assets grew 24.6%, from $137M to $171M.
Where does IBEW Local Union 271 NECA 401(k) Retirement Plan rank by assets among Form 5500 filers?
IBEW Local Union 271 NECA 401(k) Retirement Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to IBEW Local Union 271 NECA 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Rutan & Tucker, LLP Profit Sharing Plan in CA ($171M, 178 participants).

Next read for IBEW Local Union 271 NECA 401(k) Retirem…

Scale reading

Ways to act on IBEW Local Union 271 NECA 401(k) Retirement Plan's numbers.