Defined Benefit (Pension) · DOL Form 5500 · 2024

B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan Pension Plan

Data updated 2026-07-24

$119M
Total assets: 583
Participants: 92nd
Percentile by assets: $204,282
Avg per participant

Official DOL plan name: IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan · Sponsored by B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan · Arizona · Construction

$119M in assets, 583 participants

B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan's IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported $119M in total assets and 583 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 116,472 plans)

Where IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan sits by assets

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan sits in the top 10% of all filed plans by assets, $119M for 583 participants (~$204,282/participant), up 7.8% in 2024.

$119M
total plan assets (2024 EOY): 583
covered participants: 92nd
percentile by assets (of 116,472 plans): $204,282
avg assets per participant

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported net income fell from $12M in the plan year 2023 filing to $9M in the plan year 2024 filing.
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan reported participants rose from 534 in the plan year 2023 filing to 583 in the plan year 2024 filing.
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan end-of-year assets rose from $110M in the plan year 2023 filing to $119M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Arizona

Industry

Construction

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs the 2024 asset distribution

By assets, IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$110M
Net Assets (End of Year)	$119M
Net Income	$9M
Employer EIN	866089862
Plan Effective Date	1973-09-15
Filing Status	FILING RECEIVED

Sponsor Plan History (B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan)

Total plan assets by year, all B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	2	1,970	$132M
2023	2	2,018	$149M
2024	2	2,064	$161M

Nearby Defined Benefit (Pension) Plans in Arizona

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Pinnacle West Capital Corporation Retirement Plan $3.1B · 6,044
Salt River Project Employees' Retirement Plan $2.9B · 4,989
Desert States Employers & Ufcw Unions Pension Plan $1.0B · 24,099
Avnet Pension Plan $472M · 2,732
Liberty Utilities Defined Benefit Pension Plan $405M · 578

Compare IBEW Local Nos 570 & 518 and Southern Az… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan by total assets, not by location.

Ntn Employees Pension Plan (IL) $119M · 782
Huntington Memorial Hospital Retirement Plan (CA) $119M · 1,089
Kentucky Farm Bureau Mutual Insurance Company Retirement Plan and Trust (KY) $119M · 204
Major League Baseball Pension Plan for Non-Uniformed Personnel (NY) $119M · 491

Frequently Asked Questions

How did IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan assets move in 2024? ▼

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan grew at a solid clip - up 7.8% during 2024, from $110M to $119M. Reported net income was $9M.

How have B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan's sponsor-wide assets grew 22.6%, from $132M to $161M.

Where does IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan rank by assets among Form 5500 filers? ▼

IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan ranks in the 92nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Ntn Employees Pension Plan in IL ($119M, 782 participants).

Next read for IBEW Local Nos 570 & 518 and Southern Az…

Scale reading

Ways to act on IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan's numbers.

By total assets, IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan's sponsor-wide assets have grown 22.6% since 2022 across 3 plan years on file. More Construction plans

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 866089862.

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.