National Electrical Contractors Assn. 401(K) Plan — Form 5500 plan (National Electrical Contractors Assn.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, National Electrical Contractors Assn. 401(K) Plan is a benefit plan reported by National Electrical Contractors Assn. under EIN 53-0115267 and plan number 002. The latest loaded filing year is 2023. The filing reports 138 participants and $21,997,242 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22MPlan net assets, end of year$21,997,242
Participants138Covered participants reported
Assets / participant$159.4KComputed: assets ÷ participants$159,400 (computed)
Provider compensation$13.4K2 Schedule C provider row(s)$13,372
Plan sponsor
National Electrical Contractors Assn.
EIN
53-0115267
Plan number
002
Plan type
2
Location
Washington, DC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023138H, C20241011135353NAL0010990387001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$22M total assets
Net assets$22MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$2.4M
Benefits paid / distributions$2.4M
Contributions
Employer$1.6M
Participant$901.6K
Full reported line items

Net assets

Total assets (EOY)
$21,997,242
Total liabilities (EOY)
$0
Net assets (EOY)
$21,997,242
Net assets (BOY)
$18,855,399

Income & contributions

Employer contributions
$1,608,683
Participant contributions
$901,552
Total contributions
$2,530,791
Total income / additions
$5,508,731

Expenses & distributions

Benefits paid
$2,353,516
Administrative expenses
$13,372
Total expenses
$2,366,888
Net increase / (decrease)
$3,141,843
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 64%Participant 36%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$11,647not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$1,725$02023

Related Form 5500 pages