401(k) · DOL Form 5500 · 2024

Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
1,133
Participants Near avg headcount
79th
Percentile by assets National rank
$29,491
Avg per participant Low balance/head
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Official DOL plan name: NECA IBEW Local Union No 584 Profit Sharing Plan · Sponsored by Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan · Texas · Construction

$33M in assets, 1,133 participants

Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan's NECA IBEW Local Union No 584 Profit Sharing Plan reported $33M in total assets and 1,133 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,994 in Construction (9,039 peers)

Where NECA IBEW Local Union No 584 Profit Sharing Plan sits by assets

NECA IBEW Local Union No 584 Profit Sharing Plan sits in the top quartile of all filed plans by assets, $33M for 1,133 participants (~$29,491/participant), up 14.8% in 2024.

#6,994
in Construction (9,039 peers)
+14.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

NECA IBEW Local Union No 584 Profit Sharing Plan's outsized position by total assets

NECA IBEW Local Union No 584 Profit Sharing Plan vs every filed plan by assets

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

$33,413,073 Top 21% higher than 79% 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

NECA IBEW Local Union No 584 Profit Sharing 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. NECA IBEW Local Union No 584 Profit Sharing Plan lands in the large band (1,133 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • NECA IBEW Local Union No 584 Profit Sharing Plan end-of-year assets rose from $29M in the plan year 2023 filing to $33M in the plan year 2024 filing.
  • NECA IBEW Local Union No 584 Profit Sharing Plan reported participants fell from 1,174 in the plan year 2023 filing to 1,133 in the plan year 2024 filing.
  • NECA IBEW Local Union No 584 Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 731407442 · Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan PY 2024 · 401(k)

NECA IBEW Local Union No 584 Profit Sharing Plan · $33M · 1,133 · 79th

  • SCH $33M
  • EBSA 1,133
  • PART 79th
  • TYPE 401(k)
  • NET near Gilton Solid Waste Management, Inc. Profit Sharing 401(k) Plan
  • BOOK ind #6994

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 Texas →

NECA IBEW Local Union No 584 Profit Sharing Plan in the asset neighbourhood

NECA IBEW Local Union No 584 Profit Sharing PlanNECA IBEW Local Union No 584…$33MGilton Solid Waste Management, Inc. Profit Sharing 401(k) PlanGilton Solid Waste Managemen…$33MState Department Federal Credit Union 401(k) PlanState Department Federal Cre…$33M1worldsync, Inc. 401(k) Plan$33MM. Shanken Communications, Inc & Subsidiaries 401(k) PlanM. Shanken Communications, I…$33M
End-of-year total assets ($M) among NECA IBEW Local Union No 584 Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN731407442
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan)

Sponsor-wide plan assets over time

All Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan plans reported in each filing year

Latest sponsor-wide plan assets
$33M 35.410148634734504% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.7M $33.4M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 1,250 $25M
2023 1 1,174 $29M
2024 1 1,133 $33M

Nearby 401(k) Plans in Texas

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

NECA IBEW Local Union No 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants NECA IBEW Local Union No 584 Profit Sharing Plan, Total assets ($B): 0.033413073 · Participants: 1133NECA IBEW Local Union No 584 Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
NECA IBEW Local Union No 584 Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

NECA IBEW Local Union No 584 Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Gilton Solid Waste Management, Inc. Profit Sharing 401(k) Plan in CA ($33M); by covered participants it is Philz Coffee 401(k) Plan in CA (1,133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,133 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 NECA IBEW Local Union No 584 Profit Sharing Plan assets move in 2024?
NECA IBEW Local Union No 584 Profit Sharing Plan grew at a solid clip - up 14.8% during 2024, from $29M to $33M. Reported net income was $4M.
How have Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of NECA-IBEW Lu 584 Profit Sharing Plan's sponsor-wide assets grew 35.4%, from $25M to $33M.
Where does NECA IBEW Local Union No 584 Profit Sharing Plan rank by assets among Form 5500 filers?
NECA IBEW Local Union No 584 Profit Sharing Plan ranks in the 79th 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 NECA IBEW Local Union No 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Gilton Solid Waste Management, Inc. Profit Sharing 401(k) Plan in CA ($33M, 343 participants).
Which 401(k) plans cover a similar participant headcount to NECA IBEW Local Union No 584 Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Philz Coffee 401(k) Plan in CA (1,133 participants, $7M in assets).