Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) Plan: Login, Facts & Contact Information

Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) Plan Facts

Plan name
WESTERN PENNSYLVANIA ELECTRICAL EMPLOYEES DEFERRED COMPENSATION PLAN
Plan type
401(k)
Plan sponsor
JOINT BOARD OF TRUSTEES, IBEW LOCAL UNION NO 5 & WESTERN PA CHAPTER NE
Participants
3,823 (3,848 active employees)
Former employees with a balance
66
Plan assets
$496,216,869 at Dec 31, 2024
Average account balance
$125,212 across 3,963 accounts
Employer contributions
$29,794,390 in plan year 2024 (100% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1978
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 24, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $29.8 million went into the plan in contributions, $29.8 million of it from the employer (100%).
  • $34.5 million was paid out to participants.
  • Investment and other income added $50.6 million.
  • Administrative expenses were $838,465, about $212 per account.

How the Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,440$376.8 million$25.1 million$23.9 million
20203,267$437.3 million$22.0 million$22.2 million
20213,074$477.8 million$24.8 million$33.5 million
20223,448$400.6 million$26.7 million$30.8 million
20233,690$451.1 million$28.1 million$34.9 million
20243,823$496.2 million$29.8 million$34.5 million

Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) Contact Information

Phone
412-432-1155
Mailing address
5 HOT METAL STREET, SUITE 301, PITTSBURGH PA 152032357
Plan sponsor
JOINT BOARD OF TRUSTEES, IBEW LOCAL UNION NO 5 & WESTERN PA CHAPTER NE
Employer identification number (EIN)
25-1368983
Plan number
002

Questions about the Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k)

Does Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $29.8 million in employer contributions for plan year 2024.

Does the Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) plan?

3,823 participants at the start of plan year 2024, 3,848 of them active employees, and 66 former employees who still had money in the plan.

What is the average 401(k) balance at Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne?

About $125,212 per account: $496.2 million in plan assets across 3,963 accounts with a balance at the end of plan year 2024.

Who manages the Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne 401(k) accounts?

PNC is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Joint Board Of Trustees, Ibew Local Union No 5 & Western Pa Chapter Ne. How do I access my 401(k)?

Your account stays with PNC after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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