Money Purchase · DOL Form 5500 · 2022

Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan Money Purchase Plan

Data updated 2026-08-11

$102M
Total assets: 515
Participants: 93rd
Percentile by assets: $197,111
Avg per participant

Official DOL plan name: IBEW Local 531 & NECA Money Purchase Pension Plan · Sponsored by Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan · Indiana · Construction

$102M in assets, 515 participants

Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan's IBEW Local 531 & NECA Money Purchase Pension Plan reported $102M in total assets and 515 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)
#9,094 in Construction (9,927 peers)

Where IBEW Local 531 & NECA Money Purchase Pension Plan sits by assets

IBEW Local 531 & NECA Money Purchase Pension Plan sits in the top 10% of all filed plans by assets, $102M for 515 participants (~$197,111/participant), up 10.3% in 2022.

$102M
total plan assets (2022 EOY): 515
covered participants: 93rd
percentile by assets (of 139,126 plans): $197,111
avg assets per participant

State

Indiana

Industry

Construction

IBEW Local 531 & NECA Money Purchase Pension Plan vs the 2022 asset distribution

By assets, IBEW Local 531 & NECA Money Purchase Pension 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)	$92M
Net Assets (End of Year)	$101M
Net Income	$9M
Employer EIN	356068417
Plan Effective Date	1986-08-03
Filing Status	FILING RECEIVED

Sponsor Plan History (Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan)

Total plan assets by year, all Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	2	889	$205M
2023	2	964	$241M
2024	1	705	$137M

Nearby Money Purchase Plans in Indiana

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

IBEW Local 531 & NECA Money Purchase Pension Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants

IBEW & Electrical Industry Loc 697, Money Purchase Plan $337M · 951
Rose-Hulman Institute of Technology Money Purchase Purchase Plan $178M · 498
Plumbers and Steamfitters Local 440 Defined Contribution Plan $144M · 2,563
International Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust $99M · 1,021
Ncaa Retirement Plan $76M · 512

Compare IBEW Local 531 & NECA Money Purchase Pen… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to IBEW Local 531 & NECA Money Purchase Pension Plan by total assets, not by location.

First Hawaiian, Inc. Future Plan (HI) $102M · 1,842
Rosalind Franklin University of Medicine and Science Qualified Money Purchase Pension Plan and Trust (IL) $102M · 502
Centrastate Healthcare System Retirement Plan (NJ) $102M · 1,657
Whiteford, Taylor & Preston Money Purchase Pension Plan and Trust (MD) $101M · 268

Frequently Asked Questions

How did IBEW Local 531 & NECA Money Purchase Pension Plan assets move in 2022? ▼

IBEW Local 531 & NECA Money Purchase Pension Plan grew at a solid clip - up 10.3% during 2022, from $92M to $102M. Reported net income was $9M.

How have Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan's sponsor-wide assets declined 33.1%, from $205M to $137M.

Where does IBEW Local 531 & NECA Money Purchase Pension Plan rank by assets among Form 5500 filers? ▼

IBEW Local 531 & NECA Money Purchase Pension Plan 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 IBEW Local 531 & NECA Money Purchase Pension Plan? ▼

Among Money Purchase plans in other states, the closest by assets is First Hawaiian, Inc. Future Plan in HI ($102M, 1,842 participants).

Next read for IBEW Local 531 & NECA Money Purchase Pen…

Scale reading

Ways to act on IBEW Local 531 & NECA Money Purchase Pension Plan's numbers.

By total assets, IBEW Local 531 & NECA Money Purchase Pension 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 Indiana. Compare plans
Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan's sponsor-wide assets have declined 33.1% since 2022 across 3 plan years on file. More Construction plans

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 356068417.