Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Southern California IBEW-NECA Money Purchase Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 26,682
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $48,132
- Avg per participant Low balance/head
Official DOL plan name: Southern California IBEW-NECA Defined Contribution Plan · Sponsored by Board of Trustees, Southern California IBEW-NECA · California · Construction
$1.3B in assets, 26,682 participants
Board of Trustees, Southern California IBEW-NECA's Southern California IBEW-NECA Defined Contribution Plan reported $1.3B in total assets and 26,682 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #8,931 in Construction (9,039 peers)
Coverage in California
Southern California IBEW-NECA Defined Contribution Plan covers 26,682 participants in California, 42x the typical California plan (state average ~630 per filing). Assets: $1.3B.
- #8,931
- in Construction (9,039 peers)
- +7.3%
- assets growth YoY
- 13×
- vs typical plan assets (national mean)
Southern California IBEW-NECA Defined Contribution Plan's outsized position by total assets
Southern California IBEW-NECA Defined Contribution Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,284,262,592 Top 1% higher than 99% 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
Southern California IBEW-NECA Defined Contribution Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern California IBEW-NECA Defined Contribution Plan is a mega filing (26,682 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southern California IBEW-NECA Defined Contribution Plan end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
- Southern California IBEW-NECA Defined Contribution Plan reported net income fell from $97M in the plan year 2023 filing to $92M in the plan year 2024 filing.
- Southern California IBEW-NECA Defined Contribution Plan reported participants rose from 26,117 in the plan year 2023 filing to 26,682 in the plan year 2024 filing.
DOL schedule card
Filing strip 950079082 · Board of Trustees, Southern California IBEW-NECA PY 2024 · Money Purchase
Southern California IBEW-NECA Defined Contribution Plan · $1.3B · 26,682 · 99th
- NET $1.3B
- NET 26,682
- NET 99th
- NET Money Purchase
- NET near Occidental Petroleum Corporation Retirement Plan
- NET ind #8931
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 California →
Southern California IBEW-NECA Defined Contribution Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $92M |
| Employer EIN | 950079082 |
| Plan Effective Date | 1985-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees, Southern California IBEW-NECA)
Sponsor-wide plan assets over time
All Board of Trustees, Southern California IBEW-NECA plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 17.500938834046593% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 25,395 | $1.1B |
| 2023 | 1 | 26,117 | $1.2B |
| 2024 | 1 | 26,682 | $1.3B |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Scale composition for Southern California IBEW-NECA Defined Contribution Plan
Southern California IBEW-NECA Defined Contribution Plan reports $1.3B in end-of-year assets across 26,682 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $48,132 per participant (35% of the national average assets-per-participant) . Net income for plan year 2024 was $92M.
This plan identity (EIN 950079082, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.3B (+17.5%) while covered participants moved from 25,395 to 26,682 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,395 | $1.1B | Open filing |
| 2023 | 26,117 | $1.2B | Open filing |
| 2024 · index core | 26,682 | $1.3B | This page |
Southern California IBEW-NECA Defined Contribution Plan's out-of-state Money Purchase peers by assets and headcount
Outside California, the nearest Money Purchase by assets is Occidental Petroleum Corporation Retirement Plan in TX ($1.3B); by covered participants it is International Brotherhood of Trade Unions Local 713 Annuity Fund in NY (25,523 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Occidental Petroleum Corporation Retirement Plan (TX) $1.3B · 7,877
- Employees Retirement Plan of Marshfield Clinic (WI) $1.3B · 8,328
- Iron Workers Locals 40, 361 & 417 Annuity Fund (NY) $1.2B · 2,357
- The George Washington University Retirement Plan for Faculty and Staff (VA) $1.4B · 3,862
Similar participant headcount
Nearest other-state filings by covered participants (26,682 participants); asset peers above are excluded.
- International Brotherhood of Trade Unions Local 713 Annuity Fund (NY) 25,523 · 1,159 off
- International Brotherhood of Electrical Workers District No. 9 Pension Plan (OR) 29,645 · 2,963 off
- Central Midwest Regional Council of Carpenters Defined Contribution Pension Plan (MI) 35,197 · 8,515 off
- Michigan Regional Council of Carpenters' Annuity Fund (MI) 17,855 · 8,827 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.