Money Purchase · DOL Form 5500 · 2022

Trustees of NECA-IBEW 177 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
1,358
Participants Near avg headcount
93rd
Percentile by assets National rank
$84,969
Avg per participant Below avg balance/head
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Official DOL plan name: NECA-IBEW 177 Pension Fund · Sponsored by Trustees of NECA-IBEW 177 Pension Fund · Florida · Construction

$115M in assets, 1,358 participants

Trustees of NECA-IBEW 177 Pension Fund's NECA-IBEW 177 Pension Fund reported $115M in total assets and 1,358 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #9,159 in Construction (9,927 peers)

Coverage in Florida

NECA-IBEW 177 Pension Fund covers 1,358 participants in Florida, 2.2x the typical Florida plan (state average ~628 per filing). Assets: $115M.

#9,159
in Construction (9,927 peers)
-19.0%
assets change YoY
1.2×
vs typical plan assets (national mean)

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

NECA-IBEW 177 Pension Fund's outsized position by total assets

NECA-IBEW 177 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$115,387,897 Top 7% higher than 93% of 139,123 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 2022

NECA-IBEW 177 Pension Fund's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA-IBEW 177 Pension Fund lands in the large band (1,358 participants).

DOL schedule card

Filing strip 596976863 · Trustees of NECA-IBEW 177 Pension Fund PY 2022 · Money Purchase

NECA-IBEW 177 Pension Fund · $115M · 1,358 · 93rd

  • IND $115M
  • EOY 1,358
  • 5500 93rd
  • ASSETS Money Purchase
  • PCT near Macquarie Management Holdings, Inc. Retirement Plan
  • EIN ind #9159

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 Florida →

NECA-IBEW 177 Pension Fund in the asset neighbourhood

Iron Workers Local 399 Annuity FundIron Workers Local 399 Annui…$117MCentral Iowa Carpenters Money Purchase PlanCentral Iowa Carpenters Mone…$116MMacquarie Management Holdings, Inc. Retirement PlanMacquarie Management Holding…$115MNECA-IBEW 177 Pension Fund$115MDechert LLP Pension Plan No. 1 for PartnersDechert LLP Pension Plan No.…$114M
End-of-year total assets ($M) among NECA-IBEW 177 Pension Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$142M
Net Assets (End of Year)$115M
Net Income-$27M
Employer EIN596976863
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of NECA-IBEW 177 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of NECA-IBEW 177 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$144M 24.71206577237472% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $115M $144M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 1,358 $115M
2023 1 1,443 $129M
2024 1 1,412 $144M

Nearby Money Purchase Plans in Florida

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0100200300400 Total assets ($M) Participants NECA-IBEW 177 Pension Fund, Total assets ($M): 115.387897 · Participants: 1358NECA-IBEW 177 Pension FundElliott Money Purchase Pension Plan, Total assets ($M): 338.33099 · Participants: 392Elliott Money Purchase Pension PlanSouthern States Savings & Retirement Plan Trust, Total assets ($M): 160.403888 · Participants: 13122Southern States Savings & Retirement Plan TrustLifelink Foundation, Inc. Retirement Plan, Total assets ($M): 87.079585 · Participants: 443Lifelink Foundation, Inc. Retirement PlanI.B.E.W. Local Union No. 728 Annuity Fund, Total assets ($M): 77.502515 · Participants: 1699I.B.E.W. Local Union No. 728 Annuity FundElectricians Local Union No. 606 Pension-Annuity Fund, Total assets ($M): 67.10244 · Participants: 678Electricians Local Union No. 606 Pension-Annuity Fund
NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants

NECA-IBEW 177 Pension Fund's out-of-state Money Purchase peers by assets and headcount

Outside Florida, the nearest Money Purchase by assets is Macquarie Management Holdings, Inc. Retirement Plan in NY ($115M); by covered participants it is Public Health Management Corp. Employees' Money Purchase Pension Plan in PA (1,347 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($115M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,358 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did NECA-IBEW 177 Pension Fund assets move in 2022? ▼
NECA-IBEW 177 Pension Fund declined sharply - down 19.0% during 2022, from $142M to $115M. Reported net income was -$27M.
How have Trustees of NECA-IBEW 177 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW 177 Pension Fund's sponsor-wide assets grew 24.7%, from $115M to $144M.
Where does NECA-IBEW 177 Pension Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW 177 Pension Fund ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Macquarie Management Holdings, Inc. Retirement Plan in NY ($115M, 222 participants).
Which Money Purchase plans cover a similar participant headcount to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Public Health Management Corp. Employees' Money Purchase Pension Plan in PA (1,347 participants, $66M in assets).