Money Purchase · DOL Form 5500 · 2022
Trustees of NECA-IBEW 177 Pension Fund Money Purchase Plan
Data updated 2026-08-11
- $115M
- Total assets
- 1,358
- Participants
- 93rd
- Percentile by assets
- $84,969
- Avg per participant
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.
- 93rd percentile by assets (of 139,126 plans)
- #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.
- $115M
- total plan assets (2022 EOY)
- 1,358
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $84,969
- avg assets per participant
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.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. NECA-IBEW 177 Pension Fund reports 1,358 participants - 2.2x that state average ($115M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $142M |
|---|---|
| Net Assets (End of Year) | $115M |
| Net Income | -$27M |
| Employer EIN | 596976863 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of NECA-IBEW 177 Pension Fund)
| 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
- Elliott Money Purchase Pension Plan $338M · 392
- Southern States Savings & Retirement Plan Trust $160M · 13,122
- Lifelink Foundation, Inc. Retirement Plan $87M · 443
- I.B.E.W. Local Union No. 728 Annuity Fund $78M · 1,699
- Electricians Local Union No. 606 Pension-Annuity Fund $67M · 678
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to NECA-IBEW 177 Pension Fund by total assets, not by location.
- Macquarie Management Holdings, Inc. Retirement Plan (NY) $115M · 222
- Central Iowa Carpenters Money Purchase Plan (MN) $116M · 1,984
- Dechert LLP Pension Plan No. 1 for Partners (PA) $114M · 227
- Iron Workers Local 399 Annuity Fund (NJ) $117M · 1,690
Frequently Asked Questions
How did NECA-IBEW 177 Pension Fund assets move in 2022? ▼
How have Trustees of NECA-IBEW 177 Pension Fund plan assets changed over time? ▼
Where does NECA-IBEW 177 Pension Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to NECA-IBEW 177 Pension Fund? ▼
Next read for NECA-IBEW 177 Pension Fund
Filing takeaways
Ways to act on NECA-IBEW 177 Pension Fund's numbers.
- By total assets, NECA-IBEW 177 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Florida. Compare plans
- Trustees of NECA-IBEW 177 Pension Fund's sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Construction plans