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 2026-08-25
- $119M
- Total assets Near avg plan size
- 583
- Participants Below avg headcount
- 92nd
- Percentile by assets National rank
- $204,282
- Avg per participant Above avg balance/head
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.
- #8,148 in Construction (9,039 peers)
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.
- #8,148
- in Construction (9,039 peers)
- +7.8%
- assets growth YoY
- 1.2×
- vs typical plan assets (national mean)
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan's outsized position by total assets
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$119,096,447 Top 8% higher than 92% 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 Chapt NECA Pension Plan among mid-size filed plans by 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 Chapt NECA Pension Plan sits mid-pack in the medium band (583 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
Published 5500 schedule card
Filing strip 866089862 · B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension Plan PY 2024 · Defined Benefit (Pension)
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan · $119M · 583 · 92nd
- RANK $119M
- PHOTO 583
- IND 92nd
- EOY Defined Benefit (Pension)
- 5500 near Laborers' Local No. 1174 Pension Fund
- ASSETS ind #8148
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 Chapt NECA Pension Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All B of T IBEW Local Nos 570 & 518 and Southern Az Chap NECA Pension 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 Defined Benefit (Pension) Plans in Arizona
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
- Arizona Pipe Trades Pension Plan $419M · 2,281
IBEW Local Nos 570 & 518 and Southern Az Chapt NECA Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Arizona, the nearest Defined Benefit (Pension) by assets is Laborers' Local No. 1174 Pension Fund in PA ($119M); by covered participants it is Gatx Corporation Noncontributory Pension Plan for Salaried Employees in IL (583 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($119M here).
- Laborers' Local No. 1174 Pension Fund (PA) $119M · 293
- 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
Similar participant headcount
Nearest other-state filings by covered participants (583 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.