Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, IBEW Local 40 - NECA Variable Pension Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
187
Participants Below avg headcount
34th
Percentile by assets National rank
$16,585
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: IBEW Local 40 - NECA Variable Annuity Pension Plan · Sponsored by Board of Trustees, IBEW Local 40 - NECA Variable · California · Construction

$3M in assets, 187 participants

Board of Trustees, IBEW Local 40 - NECA Variable's IBEW Local 40 - NECA Variable Annuity Pension Plan reported $3M in total assets and 187 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,000 in Construction (9,039 peers)

Coverage in California

IBEW Local 40 - NECA Variable Annuity Pension Plan covers 187 participants in California, about 30% of the average California filer (state average ~630 per filing). Assets: $3M.

#3,000
in Construction (9,039 peers)
+123.8%
assets growth YoY

IBEW Local 40 - NECA Variable Annuity Pension Plan's mid-pack asset rank among Construction and all filers

IBEW Local 40 - NECA Variable Annuity Pension Plan vs every filed plan by assets

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

$3,101,407 34th percentile higher than 34% 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

IBEW Local 40 - NECA Variable Annuity Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 40 - NECA Variable Annuity Pension Plan sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • IBEW Local 40 - NECA Variable Annuity Pension Plan end-of-year assets rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • IBEW Local 40 - NECA Variable Annuity Pension Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • IBEW Local 40 - NECA Variable Annuity Pension Plan reported participants rose from N/A in the plan year 2023 filing to 187 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 932972901 · Board of Trustees, IBEW Local 40 - NECA Variable PY 2024 · Defined Benefit (Pension)

IBEW Local 40 - NECA Variable Annuity Pension Plan · $3M · 187 · 34th

  • PHOTO $3M
  • IND 187
  • EOY 34th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Boca General and Family Medicine Defined Benefit Plan
  • PCT ind #3000

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 →

IBEW Local 40 - NECA Variable Annuity Pension Plan in the asset neighbourhood

Greater Wisconsin Multi-Employer Retirement IncomeGreater Wisconsin Multi-Empl…$3MBuckeye Pipe Line Services Company Iuoe Pension PlanBuckeye Pipe Line Services C…$3MIBEW Local 40 - NECA Variable Annuity Pension PlanIBEW Local 40 - NECA Variabl…$3MBoca General and Family Medicine Defined Benefit PlanBoca General and Family Medi…$3MTremaine Enterprises, Inc. Cash Balance Pension PlanTremaine Enterprises, Inc. C…$3M
End-of-year total assets ($M) among IBEW Local 40 - NECA Variable Annuity Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$3M
Net Income$2M
Employer EIN932972901
Plan Effective Date2023-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, IBEW Local 40 - NECA Variable)

Sponsor-wide plan assets over time

All Board of Trustees, IBEW Local 40 - NECA Variable plans reported in each filing year

Latest sponsor-wide plan assets
$3M 123.84555312404369% vs 2023
2024 filing year
$1M$2M$3M$4M 20232024 $1.39M $3.1M ▲ +123.0%
Year Plans Participants Total Assets
2023 1 N/A $1M
2024 1 187 $3M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

IBEW Local 40 - NECA Variable Annuity Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants IBEW Local 40 - NECA Variable Annuity Pension Plan, Total assets ($B): 0.003101407 · Participants: 187IBEW Local 40 - NECA Variable Annuity Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
IBEW Local 40 - NECA Variable Annuity Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare IBEW Local 40 - NECA Variable Annuity Pension Plan side-by-side with 3 peers →

IBEW Local 40 - NECA Variable Annuity Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Boca General and Family Medicine Defined Benefit Plan in FL ($3M); by covered participants it is Retail Bakers Pension Trust Fund of St Louis in MO (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 IBEW Local 40 - NECA Variable Annuity Pension Plan assets move in 2024? ▼
IBEW Local 40 - NECA Variable Annuity Pension Plan surged - up 123.8% during 2024, from $1M to $3M. Reported net income was $2M.
How have Board of Trustees, IBEW Local 40 - NECA Variable plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Board of Trustees, IBEW Local 40 - NECA Variable's sponsor-wide assets grew 123.8%, from $1M to $3M.
Which Defined Benefit (Pension) plans are similar in size to IBEW Local 40 - NECA Variable Annuity Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Boca General and Family Medicine Defined Benefit Plan in FL ($3M, 12 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to IBEW Local 40 - NECA Variable Annuity Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retail Bakers Pension Trust Fund of St Louis in MO (187 participants, $9M in assets).

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 932972901.

Read our methodology - how this data is sourced, computed, and verified.

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