401(k) · DOL Form 5500 · 2024

IBEW Local Union No. 60 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
3,277
Participants Above avg headcount
88th
Percentile by assets National rank
$22,336
Avg per participant Low balance/head
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Official DOL plan name: IBEW Local Union No. 60 401(k) Plan · Sponsored by IBEW Local Union No. 60 401(k) Plan · New Mexico · Construction

$73M in assets, 3,277 participants

IBEW Local Union No. 60 401(k) Plan's IBEW Local Union No. 60 401(k) Plan reported $73M in total assets and 3,277 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,783 in Construction (9,039 peers)

Coverage in New Mexico

IBEW Local Union No. 60 401(k) Plan covers 3,277 participants in New Mexico, 9.0x the typical New Mexico plan (state average ~365 per filing). Assets: $73M.

#7,783
in Construction (9,039 peers)
+27.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

IBEW Local Union No. 60 401(k) Plan's outsized position by total assets

IBEW Local Union No. 60 401(k) Plan vs every filed plan by assets

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

$73,196,538 Top 12% higher than 88% 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

IBEW Local Union No. 60 401(k) 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. IBEW Local Union No. 60 401(k) Plan lands in the large band (3,277 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local Union No. 60 401(k) Plan reported participants rose from 2,506 in the plan year 2023 filing to 3,277 in the plan year 2024 filing.
  • IBEW Local Union No. 60 401(k) Plan end-of-year assets rose from $57M in the plan year 2023 filing to $73M in the plan year 2024 filing.
  • IBEW Local Union No. 60 401(k) Plan reported net income rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 316632806 · IBEW Local Union No. 60 401(k) Plan PY 2024 · 401(k)

IBEW Local Union No. 60 401(k) Plan · $73M · 3,277 · 88th

  • EOY $73M
  • 5500 3,277
  • ASSETS 88th
  • PCT 401(k)
  • EIN near Teachers Federal Credit Union Cash or Deferred Compensation Plan
  • RANK ind #7783

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 New Mexico →

IBEW Local Union No. 60 401(k) Plan in the asset neighbourhood

IBEW Local Union No. 60 401(k) PlanIBEW Local Union No. 60 401(…$73MTeachers Federal Credit Union Cash or Deferred Compensation PlanTeachers Federal Credit Unio…$73MIpsoft Incorporated 401(k) PlanIpsoft Incorporated 401(k) P…$73MIpsoft Incorporated 401(k) PlanIpsoft Incorporated 401(k) P…$73MBuilders Mutual Insurance Company 401(k) Retirement PlanBuilders Mutual Insurance Co…$73M
End-of-year total assets ($M) among IBEW Local Union No. 60 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$72M
Net Income$15M
Employer EIN316632806
Plan Effective Date1999-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (IBEW Local Union No. 60 401(k) Plan)

Sponsor-wide plan assets over time

All IBEW Local Union No. 60 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$73M 65.70170213805375% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $44.2M $73.2M ▲ +65.7%
Year Plans Participants Total Assets
2022 1 2,615 $44M
2023 1 2,506 $57M
2024 1 3,277 $73M

Nearby 401(k) Plans in New Mexico

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

IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -202468 Total assets ($B) Participants IBEW Local Union No. 60 401(k) Plan, Total assets ($B): 0.073196538 · Participants: 3277IBEW Local Union No. 60 401(k) PlanNtess Savings and Income Plan, Total assets ($B): 7.248575896 · Participants: 15926Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.492057254 · Participants: 11744Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.899933857 · Participants: 2058Triad 401(k) Savings PlanTxnm Energy, Inc. Retirement Savings Plan, Total assets ($B): 0.826572097 · Participants: 1631Txnm Energy, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.647938985 · Participants: 2218Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
IBEW Local Union No. 60 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants
Compare IBEW Local Union No. 60 401(k) Plan side-by-side with 3 peers →

IBEW Local Union No. 60 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Mexico, the nearest 401(k) by assets is Teachers Federal Credit Union Cash or Deferred Compensation Plan in NY ($73M); by covered participants it is Korn Ferry 401(k) Savings Plan in CA (3,277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,277 participants); asset peers above are excluded.

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 IBEW Local Union No. 60 401(k) Plan assets move in 2024? ▼
IBEW Local Union No. 60 401(k) Plan grew sharply - up 27.5% during 2024, from $57M to $73M. Reported net income was $15M.
How have IBEW Local Union No. 60 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), IBEW Local Union No. 60 401(k) Plan's sponsor-wide assets grew 65.7%, from $44M to $73M.
Where does IBEW Local Union No. 60 401(k) Plan rank by assets among Form 5500 filers? ▼
IBEW Local Union No. 60 401(k) Plan ranks in the 88th 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 401(k) plans are similar in size to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Teachers Federal Credit Union Cash or Deferred Compensation Plan in NY ($73M, 863 participants).
Which 401(k) plans cover a similar participant headcount to IBEW Local Union No. 60 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Korn Ferry 401(k) Savings Plan in CA (3,277 participants, $478M 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 316632806.

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.