Profit Sharing · DOL Form 5500 · 2024

Board of Trustees of the Noe Annuity Plan Profit Sharing Plan

Data updated 2026-07-24

$88M
Total assets
1,393
Participants
90th
Percentile by assets
$63,427
Avg per participant
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Official DOL plan name: New Orleans Electrical Annuity Plan · Sponsored by Board of Trustees of the Noe Annuity Plan · Tennessee · Construction

$88M in assets, 1,393 participants

Board of Trustees of the Noe Annuity Plan's New Orleans Electrical Annuity Plan reported $88M in total assets and 1,393 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 116,472 plans)

Where New Orleans Electrical Annuity Plan sits by assets

New Orleans Electrical Annuity Plan sits in the top 10% of all filed plans by assets, $88M for 1,393 participants (~$63,427/participant), up 14.3% in 2024.

$88M
total plan assets (2024 EOY)
1,393
covered participants
90th
percentile by assets (of 116,472 plans)
$63,427
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Orleans Electrical Annuity Plan end-of-year assets rose from $77M in the plan year 2023 filing to $88M in the plan year 2024 filing.
  • New Orleans Electrical Annuity Plan reported participants fell from 1,475 in the plan year 2023 filing to 1,393 in the plan year 2024 filing.
  • New Orleans Electrical Annuity Plan reported net income fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

New Orleans Electrical Annuity Plan vs the 2024 asset distribution

By assets, New Orleans Electrical Annuity Plan outranks 90% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$88M
Net Income$11M
Employer EIN721417592
Plan Effective Date1997-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Noe Annuity Plan)

$60M$70M$80M$90M$100M 202220232024 $65.8M $88.4M â–˛ +34.4%
Total plan assets by year, all Board of Trustees of the Noe Annuity Plan plans on file
Year Plans Participants Total Assets
2022 1 1,451 $66M
2023 1 1,475 $77M
2024 1 1,393 $88M

Nearby Profit Sharing Plans in Tennessee

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

New Orleans Electrical Annuity Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

New Orleans Electrical Annuity Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 406080100 Total assets ($M) Participants New Orleans Electric…Shreveport Electrica…Thompson Machinery C…Gerber/Taylor Capita…Iron Workers Distric…University School of…
New Orleans Electrical Annuity Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Orleans Electrical Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did New Orleans Electrical Annuity Plan assets move in 2024?
New Orleans Electrical Annuity Plan grew at a solid clip - up 14.3% during 2024, from $77M to $88M. Reported net income was $11M.
How have Board of Trustees of the Noe Annuity Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of the Noe Annuity Plan's sponsor-wide assets grew 34.4%, from $66M to $88M.
Where does New Orleans Electrical Annuity Plan rank by assets among Form 5500 filers?
New Orleans Electrical Annuity Plan ranks in the 90th 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 Profit Sharing plans are similar in size to New Orleans Electrical Annuity Plan?
Among Profit Sharing plans in other states, the closest by assets is Abington Health Defined Contribution Plan in PA ($88M, 4,434 participants).

Next read for New Orleans Electrical Annuity Plan

Scale reading

Ways to act on New Orleans Electrical Annuity Plan's numbers.

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 721417592.

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