Other
2022 plan-year Other DOL Form 5500

NECA Local Union No 313 IBEW Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Bd of Tees of NECA Lu No 313 IBEW Pen Pl · Delaware · Construction

What the 2023 filing shows

NECA Local Union No 313 IBEW Pension Plan holds $201M for 809 participants — about $248,845 per participant, down 13.6% over the 2022 plan year.

$201M
total plan assets (2022 EOY)
809
covered participants
$248,845
avg assets per participant
-13.6%
assets change YoY

The plan reported a net loss of $31M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$201M
Participants
809
State
Industry
Construction

What the Filing Says About NECA Local Union No 313 IBEW Pension Plan

NECA Local Union No 313 IBEW Pension Plan is a Other retirement plan sponsored by Bd of Tees of NECA Lu No 313 IBEW Pen Pl, headquartered in Delaware. As of the 2022 Form 5500 filing, the plan reports $201M in total end-of-year assets and covers 809 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 516025969, and the plan has been effective since 1968-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $233M at the beginning of 2022 to $201M at year-end — a decline of 13.6%. Net assets (after liabilities) closed the year at $201M, with reported net income of $-31,475,050 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$233M
Total Assets (End of Year)$201M
Net Assets (End of Year)$201M
Net Income$-31,475,050
Plan TypeOther
Employer EIN516025969
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of NECA Lu No 313 IBEW Pen Pl)

Year Plans Participants Total Assets
2022 1 809 $201M
2023 1 815 $217M
2024 1 814 $234M

Nearby Other Plans in Delaware

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the NECA Local Union No 313 IBEW Pension Plan?
As of the 2022 Form 5500 filing, NECA Local Union No 313 IBEW Pension Plan holds $201M in total assets with 809 participants. It is sponsored by Bd of Tees of NECA Lu No 313 IBEW Pen Pl.
What type of plan is NECA Local Union No 313 IBEW Pension Plan?
NECA Local Union No 313 IBEW Pension Plan is a Other plan. It has been effective since 1968-07-01. The plan is filed with the U.S. Department of Labor under EIN 516025969.
Who sponsors the NECA Local Union No 313 IBEW Pension Plan?
NECA Local Union No 313 IBEW Pension Plan is sponsored by Bd of Tees of NECA Lu No 313 IBEW Pen Pl, located in Delaware. The sponsor's EIN is 516025969 and the plan operates in the Construction industry.
How did NECA Local Union No 313 IBEW Pension Plan perform in 2022?
NECA Local Union No 313 IBEW Pension Plan declined by 13.6% during 2022, moving from $233M to $201M in total assets. Net income was $-31,475,050.
Where can I find official filings for NECA Local Union No 313 IBEW Pension Plan?
Official Form 5500 filings for NECA Local Union No 313 IBEW Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 516025969 or plan name at efast.dol.gov.
How does NECA Local Union No 313 IBEW Pension Plan compare to other plans?
You can compare NECA Local Union No 313 IBEW Pension Plan against other Other plans on the plan type page, or view plans in Delaware on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 516025969.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.