401(k) · DOL Form 5500 · 2024

Board of Trustees of the Deferred Salary Plan of the Electrical Ind 401(k) Plan

Data updated 2026-07-24

$8.0B
Total assets
27,777
Participants
100th
Percentile by assets
$288,872
Avg per participant
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Official DOL plan name: Deferred Salary Plan of the Electrical Industry · Sponsored by Board of Trustees of the Deferred Salary Plan of the Electrical Ind · New York · Construction

$8.0B in assets, 27,777 participants

Board of Trustees of the Deferred Salary Plan of the Electrical Ind's Deferred Salary Plan of the Electrical Industry reported $8.0B in total assets and 27,777 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in New York

Deferred Salary Plan of the Electrical Industry covers 27,777 participants in New York, 35x the typical New York plan (state average ~795 per filing). Assets: $8.0B.

$8.0B
total plan assets (2024 EOY)
27,777
covered participants
100th
percentile by assets (of 116,472 plans)
$288,872
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Deferred Salary Plan of the Electrical Industry reported net income fell from $633M in the plan year 2023 filing to $548M in the plan year 2024 filing.
  • Deferred Salary Plan of the Electrical Industry reported participants rose from 25,873 in the plan year 2023 filing to 27,777 in the plan year 2024 filing.
  • Deferred Salary Plan of the Electrical Industry end-of-year assets rose from $7.5B in the plan year 2023 filing to $8.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Deferred Salary Plan of the Electrical Industry reports 27,777 participants - 35x that state average ($8.0B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$7.5B
Net Assets (End of Year)$8.0B
Net Income$548M
Employer EIN112656063
Plan Effective Date1983-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Deferred Salary Plan of the Electrical Ind)

$6.5B$7B$7.5B$8B$8.5B 202220232024 $6.86B $8.02B ▲ +16.9%
Total plan assets by year, all Board of Trustees of the Deferred Salary Plan of the Electrical Ind plans on file
Year Plans Participants Total Assets
2022 1 19,649 $6.9B
2023 1 25,873 $7.5B
2024 1 27,777 $8.0B

Nearby 401(k) Plans in New York

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

Deferred Salary Plan of the Electrical Industry vs. nearby 401(k) plans in New York, assets vs. participants

Deferred Salary Plan of the Electrical Industry vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 020406080 Total assets ($B) Participants Deferred Salary Plan…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
Deferred Salary Plan of the Electrical Industry vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Deferred Salary Plan of the Electrical Industry by total assets, not by location.

Frequently Asked Questions

How did Deferred Salary Plan of the Electrical Industry assets move in 2024?
Deferred Salary Plan of the Electrical Industry grew at a solid clip - up 7.0% during 2024, from $7.5B to $8.0B. Reported net income was $548M.
How have Board of Trustees of the Deferred Salary Plan of the Electrical Ind plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Deferred Salary Plan of the Electrical Ind's sponsor-wide assets grew 17.0%, from $6.9B to $8.0B.
Where does Deferred Salary Plan of the Electrical Industry rank by assets among Form 5500 filers?
Deferred Salary Plan of the Electrical Industry ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Deferred Salary Plan of the Electrical Industry?
Among 401(k) plans in other states, the closest by assets is Albertsons Companies 401(k) Plan in CA ($8.0B, 201,289 participants).

Next read for Deferred Salary Plan of the Electrical I…

Filing takeaways

Ways to act on Deferred Salary Plan of the Electrical Industry's numbers.

  • By total assets, Deferred Salary Plan of the Electrical Industry ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • Board of Trustees of the Deferred Salary Plan of the Electrical Ind's sponsor-wide assets have grown 17.0% 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 112656063.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.