Money Purchase · DOL Form 5500 · 2022
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi Money Purchase Plan
Data updated 2026-08-11
- $100M
- Total assets
- 554
- Participants
- 93rd
- Percentile by assets
- $180,391
- Avg per participant
Official DOL plan name: IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan · Sponsored by IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi · Pennsylvania · Construction
$100M in assets, 554 participants
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi's IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan reported $100M in total assets and 554 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)
- #9,082 in Construction (9,927 peers)
Where IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan sits by assets
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan sits in the top 10% of all filed plans by assets, $100M for 554 participants (~$180,391/participant), down 14.2% in 2022.
- $100M
- total plan assets (2022 EOY)
- 554
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $180,391
- avg assets per participant
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan vs the 2022 asset distribution
By assets, IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $116M |
|---|---|
| Net Assets (End of Year) | $100M |
| Net Income | -$16M |
| Employer EIN | 232177602 |
| Plan Effective Date | 1985-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 554 | $100M |
| 2023 | 1 | 487 | $114M |
| 2024 | 1 | 494 | $126M |
Nearby Money Purchase Plans in Pennsylvania
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan vs. nearby Money Purchase plans in Pennsylvania, assets vs. participants
- Central Pennsylvania Teamsters Retirement Income Plan 1987 $927M · 3,634
- Duane Morris Retirement Plan $280M · 444
- IBEW Local Union 375 Electricians' Retirement Plan $146M · 645
- Milton Hershey School Money Purchase Pension Plan $140M · 1,309
- Dentons Cohen & Grigsby P.C. Pension Plan $131M · 184
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan by total assets, not by location.
- Michigan Laborers' Annuity Fund (MI) $100M · 20,434
- Painting Industry of Hawaii Annuity Plan (HI) $100M · 630
- IBEW Local 480 Pension Plan (MS) $100M · 490
- IBEW Local No 640 & Az Chapter NECA Defined Contribution Plan (AZ) $101M · 3,763
Frequently Asked Questions
How did IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan assets move in 2022? ▼
How have IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi plan assets changed over time? ▼
Where does IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan? ▼
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Scale reading
Ways to act on IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan's numbers.
- By total assets, IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan 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 Pennsylvania. Compare plans
- IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Divi's sponsor-wide assets have grown 25.7% since 2022 across 3 plan years on file. More Construction plans