401(k) · DOL Form 5500 · 2024

Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement 401(k) Plan

Data updated 2026-08-11

$583M
Total assets
4,160
Participants
97th
Percentile by assets
$140,182
Avg per participant
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Official DOL plan name: Dakotas Areawide IBEW-NECA Savings and Retirement Plan · Sponsored by Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement · North Dakota · Construction

$583M in assets, 4,160 participants

Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's Dakotas Areawide IBEW-NECA Savings and Retirement Plan reported $583M in total assets and 4,160 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #8,805 in Construction (9,039 peers)

Coverage in North Dakota

Dakotas Areawide IBEW-NECA Savings and Retirement Plan covers 4,160 participants in North Dakota, 8.2x the typical North Dakota plan (state average ~504 per filing). Assets: $583M.

$583M
total plan assets (2024 EOY)
4,160
covered participants
97th
percentile by assets (of 123,622 plans)
$140,182
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Dakotas Areawide IBEW-NECA Savings and Retirement Plan reported net income fell from $76M in the plan year 2023 filing to $62M in the plan year 2024 filing.
  • Dakotas Areawide IBEW-NECA Savings and Retirement Plan end-of-year assets rose from $521M in the plan year 2023 filing to $583M in the plan year 2024 filing.
  • Dakotas Areawide IBEW-NECA Savings and Retirement Plan reported participants rose from 3,853 in the plan year 2023 filing to 4,160 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Dakotas Areawide IBEW-NECA Savings and Retirement Plan reports 4,160 participants - 8.2x that state average ($583M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$521M
Net Assets (End of Year)$583M
Net Income$62M
Employer EIN450348980
Plan Effective Date1988-03-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement)

$400M$450M$500M$550M$600M 202220232024 $446M $583M ▲ +30.7%
Total plan assets by year, all Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement plans on file
Year Plans Participants Total Assets
2022 1 3,784 $446M
2023 1 3,853 $521M
2024 1 4,160 $583M

Nearby 401(k) Plans in North Dakota

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

Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Dakotas Areawide IBE…Sanford Retirement S…Knife River Corporat…Mdu Resources Group,…Eide Bailly LLP 401(…Offutt Companies 401…
Dakotas Areawide IBEW-NECA Savings and Retirement Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Dakotas Areawide IBEW-NECA Savings and Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Dakotas Areawide IBEW-NECA Savings and Retirement Plan assets move in 2024?
Dakotas Areawide IBEW-NECA Savings and Retirement Plan grew at a solid clip - up 11.9% during 2024, from $521M to $583M. Reported net income was $62M.
How have Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's sponsor-wide assets grew 30.7%, from $446M to $583M.
Where does Dakotas Areawide IBEW-NECA Savings and Retirement Plan rank by assets among Form 5500 filers?
Dakotas Areawide IBEW-NECA Savings and Retirement Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Dakotas Areawide IBEW-NECA Savings and Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Samtec, Incorporated Retirement Plan in IN ($583M, 2,000 participants).

Next read for Dakotas Areawide IBEW-NECA Savings and R…

Filing takeaways

Ways to act on Dakotas Areawide IBEW-NECA Savings and Retirement Plan's numbers.

  • By total assets, Dakotas Areawide IBEW-NECA Savings and Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Dakota. Compare plans
  • Board of Trustees of Dakotas Areawide IBEW-NECA Savings and Retirement's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans