Money Purchase · DOL Form 5500 · 2024
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan Money Purchase Plan
Data updated 2026-08-25
- $42M
- Total assets Below avg plan size
- 1,481
- Participants Near avg headcount
- 82nd
- Percentile by assets National rank
- $28,576
- Avg per participant Low balance/head
Official DOL plan name: IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity · Sponsored by B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan · Arizona · Construction
$42M in assets, 1,481 participants
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan's IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity reported $42M in total assets and 1,481 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.
- #7,281 in Construction (9,039 peers)
Coverage in Arizona
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity covers 1,481 participants in Arizona, 2.6x the typical Arizona plan (state average ~564 per filing). Assets: $42M.
- #7,281
- in Construction (9,039 peers)
- +10.2%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's outsized position by total assets
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$42,320,659 Top 18% higher than 82% 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
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity'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 Nos 570 & 518 and Southern Az Chap NECA Annuity lands in the large band (1,481 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity end-of-year assets rose from $38M in the plan year 2023 filing to $42M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 866089862 · B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan PY 2024 · Money Purchase
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity · $42M · 1,481 · 82nd
- BOY $42M
- SCH 1,481
- EBSA 82nd
- PART Money Purchase
- TYPE near Montana Contractors Assoc, Inc. Money Purchase Retirement Plan & Trust
- NET ind #7281
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 Arizona →
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $42M |
| Net Income | $4M |
| Employer EIN | 866089862 |
| Plan Effective Date | 1996-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan)
Sponsor-wide plan assets over time
All B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $161M 22.58752191731719% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,970 | $132M |
| 2023 | 2 | 2,018 | $149M |
| 2024 | 2 | 2,064 | $161M |
Nearby Money Purchase Plans in Arizona
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan $137M · 5,798
- The Institute for Supply Management, Inc. Tiaa-Cref Retirement Plan No. 1 $17M · 51
- Operative Plasterers and Cement Masons Local 394 Defined Contribution Plan $15M · 555
- Benjamin E. Myers Money Purchase Pension Plan and Trust $13M · 1
- Lexington Medical Associates, Inc. Money Purchase Pension Plan $8M · N/A
IBEW Local Nos 570 & 518 and Southern Az Chap NECA Annuity's out-of-state Money Purchase peers by assets and headcount
Outside Arizona, the nearest Money Purchase by assets is Montana Contractors Assoc, Inc. Money Purchase Retirement Plan & Trust in MT ($42M); by covered participants it is Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund in NY (1,479 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($42M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,481 participants); asset peers above are excluded.
- Laborers Local 1298 of Nassau & Suffolk Counties Annuity Fund (NY) 1,479 · 2 off
- Apache Corporation Money Purchase Retirement Plan (TX) 1,492 · 11 off
- Government Employees Health Assoc. , Inc. 401(k) Retirement Savings Plan (MO) 1,466 · 15 off
- Plumbers & Steamfitters 150 Profit Sharing Fund (TN) 1,463 · 18 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.