National Electrical Annuity Plan

Enriching the Lives of Everyone We Touch

Participation Agreements

A NEAP Participation Agreement allows a contributing employer the ability to make NEAP contributions on behalf of its non-bargaining unit employees. A non-bargaining unit employee is not part of the bargaining unit or is not performing work that is covered by the CBA which contains the NEAP Standard Contract Language.

There are two types of Participation Agreements. The first is an "All" Participation Agreement. An "All" Agreement covers each and every employee not covered by the collective bargaining agreement – this includes all full-time and part-time employees.

The second type is an "Alumni" Participation Agreement. An "Alumni" Agreement covers each and every employee who meets the following condition: during the current plan year or a prior plan year, at least one-half (1/2) of the employee’s total hours of service for that year with any and all Covered Employers were performed in a Brotherhood bargaining unit or a Local Union bargaining unit ("alumni coverage").

To start contributing to the NEAP on behalf of your non-bargaining unit employees download a Participation Agreement. To assist you in reporting your non-bargaining unit employees, NEAP has provided Reporting Procedures for Non-Bargaining Employees, which can also be downloaded.

The NEAP will require that you sign two copies of the agreement and provide a list of the employees who will be covered under the agreement. Once received, NEAP will sign one of the copies and return it to you for your records.