Money Purchase · DOL Form 5500 · 2022

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

Data updated 2026-08-25

$102M
Total assets Near avg plan size
515
Participants Below avg headcount
93rd
Percentile by assets National rank
$197,111
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#9,094
in Construction (9,927 peers)
+10.3%
assets growth YoY
1.0×
vs typical plan assets (national mean)

IBEW Local 531 & NECA Money Purchase Pension Plan's outsized position by total assets

IBEW Local 531 & NECA Money Purchase Pension Plan vs every filed plan by assets

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

$101,512,243 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

IBEW Local 531 & NECA Money Purchase Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. IBEW Local 531 & NECA Money Purchase Pension Plan sits mid-pack in the medium band (515 participants).

Plan-year Form 5500 strip

Filing strip 356068417 · Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan PY 2022 · Money Purchase

IBEW Local 531 & NECA Money Purchase Pension Plan · $102M · 515 · 93rd

  • VS-ST $102M
  • VS-ST 515
  • VS-ST 93rd
  • VS-ST Money Purchase
  • VS-ST near First Hawaiian, Inc. Future Plan
  • VS-ST ind #9094

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 Indiana →

IBEW Local 531 & NECA Money Purchase Pension Plan in the asset neighbourhood

Centrastate Healthcare System Retirement PlanCentrastate Healthcare Syste…$102MRosalind Franklin University of Medicine and Science Qualified Money Purchase Pension Plan and TrustRosalind Franklin University…$102MFirst Hawaiian, Inc. Future PlanFirst Hawaiian, Inc. Future …$102MIBEW Local 531 & NECA Money Purchase Pension PlanIBEW Local 531 & NECA Money …$102MWhiteford, Taylor & Preston Money Purchase Pension Plan and TrustWhiteford, Taylor & Preston …$101M
End-of-year total assets ($M) among IBEW Local 531 & NECA Money Purchase Pension Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$92M
Net Assets (End of Year)$101M
Net Income$9M
Employer EIN356068417
Plan Effective Date1986-08-03
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Trustees of IBEW Local 531 & NECA Money Purchase Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$137M 33.126788380265396% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $205M $137M ▼ -33.1%
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 Scatter plot of 6 data points. 050010001500200025003000 0100200300400 Total assets ($M) Participants IBEW Local 531 & NECA Money Purchase Pension Plan, Total assets ($M): 101.512243 · Participants: 515IBEW Local 531 & NECA Money Purchase Pension PlanIBEW & Electrical Industry Loc 697, Money Purchase Plan, Total assets ($M): 336.97265 · Participants: 951IBEW & Electrical Industry Loc 697, Money Purchase PlanRose-Hulman Institute of Technology Money Purchase Purchase Plan, Total assets ($M): 178.10962 · Participants: 498Rose-Hulman Institute of Technology Money Purchase Purchase PlanPlumbers and Steamfitters Local 440 Defined Contribution Plan, Total assets ($M): 143.964403 · Participants: 2563Plumbers and Steamfitters Local 440 Defined Contribution PlanInternational Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust, Total assets ($M): 98.815615 · Participants: 1021International Brotherhood of Electrical Workers Local No 725 Supplemental Pension TrustNcaa Retirement Plan, Total assets ($M): 76.162243 · Participants: 512Ncaa Retirement Plan
IBEW Local 531 & NECA Money Purchase Pension Plan vs. nearby Money Purchase plans in Indiana, assets vs. participants
Compare IBEW Local 531 & NECA Money Purchase Pension Plan side-by-side with 3 peers →

IBEW Local 531 & NECA Money Purchase Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Indiana, the nearest Money Purchase by assets is First Hawaiian, Inc. Future Plan in HI ($102M); by covered participants it is Facility Solutions Group, Inc Davis-Bacon Pension Plan & Trust in TX (513 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (515 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 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).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 531 & NECA Money Purchase Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Facility Solutions Group, Inc Davis-Bacon Pension Plan & Trust in TX (513 participants, $8M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

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