Money Purchase · DOL Form 5500 · 2024
Board of Trustees, Southern California IBEW-NECA Money Purchase Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 26,682
- Participants
- 99th
- Percentile by assets
- $48,132
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.3B
- total plan assets (2024 EOY)
- 26,682
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $48,132
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Southern California IBEW-NECA Defined Contribution Plan reports 26,682 participants - 42x that state average ($1.3B EOY assets).
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)
| 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.
Southern California IBEW-NECA Defined Contribution Plan vs. nearby Money Purchase plans in California, assets vs. participants
- 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 |
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Southern California IBEW-NECA Defined Contribution Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Southern California IBEW-NECA Defined Contribution Plan assets move in 2024? ▼
How have Board of Trustees, Southern California IBEW-NECA plan assets changed over time? ▼
Where does Southern California IBEW-NECA Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Southern California IBEW-NECA Defined Contribution Plan? ▼
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Filing takeaways
Ways to act on Southern California IBEW-NECA Defined Contribution Plan's numbers.
- By total assets, Southern California IBEW-NECA Defined Contribution Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Board of Trustees, Southern California IBEW-NECA's sponsor-wide assets have grown 17.5% since 2022 across 3 plan years on file. More Construction plans