Money Purchase · DOL Form 5500 · 2022

Trustees of the NECA-IBEW Local 176 Pension Trust Fund Money Purchase Plan

Data updated 2026-08-06

$616M
Total assets
2,741
Participants
98th
Percentile by assets
$224,589
Avg per participant
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Official DOL plan name: NECA-IBEW Local 176 Pension Trust Fund · Sponsored by Trustees of the NECA-IBEW Local 176 Pension Trust Fund · Illinois · Construction

$616M in assets, 2,741 participants

Trustees of the NECA-IBEW Local 176 Pension Trust Fund's NECA-IBEW Local 176 Pension Trust Fund reported $616M in total assets and 2,741 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,258 plans)
  • #9,769 in Construction (9,938 peers)

Coverage in Illinois

NECA-IBEW Local 176 Pension Trust Fund covers 2,741 participants in Illinois, 3.6x the typical Illinois plan (state average ~768 per filing). Assets: $616M.

$616M
total plan assets (2022 EOY)
2,741
covered participants
98th
percentile by assets (of 139,258 plans)
$224,589
avg assets per participant
State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. NECA-IBEW Local 176 Pension Trust Fund reports 2,741 participants - 3.6x that state average ($616M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$615M
Net Assets (End of Year)$615M
Net Income$1M
Employer EIN362953263
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the NECA-IBEW Local 176 Pension Trust Fund)

$600M$650M$700M$750M 202220232024 $616M $725M ▲ +17.7%
Total plan assets by year, all Trustees of the NECA-IBEW Local 176 Pension Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 2,741 $616M
2023 1 2,263 $678M
2024 1 2,204 $725M

Nearby Money Purchase Plans in Illinois

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

NECA-IBEW Local 176 Pension Trust Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

NECA-IBEW Local 176 Pension Trust Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100020003000 0200400600800 Total assets ($M) Participants NECA-IBEW Local 176 …Retirement Plan for …NECA-IBEW Local 364 …Smart Local 265 Supp…International Associ…Sheet Metal Workers …
NECA-IBEW Local 176 Pension Trust Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to NECA-IBEW Local 176 Pension Trust Fund by total assets, not by location.

Frequently Asked Questions

How did NECA-IBEW Local 176 Pension Trust Fund assets move in 2022?
NECA-IBEW Local 176 Pension Trust Fund held essentially flat - up 0.1% during 2022, from $615M to $616M. Reported net income was $1M.
How have Trustees of the NECA-IBEW Local 176 Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of the NECA-IBEW Local 176 Pension Trust Fund's sponsor-wide assets grew 17.7%, from $616M to $725M.
Where does NECA-IBEW Local 176 Pension Trust Fund rank by assets among Form 5500 filers?
NECA-IBEW Local 176 Pension Trust Fund ranks in the 98th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to NECA-IBEW Local 176 Pension Trust Fund?
Among Money Purchase plans in other states, the closest by assets is New England Electrical Workers Money Purchase Plan and Trust in CT ($608M, 7,904 participants).

Next read for NECA-IBEW Local 176 Pension Trust Fund

Filing takeaways

Ways to act on NECA-IBEW Local 176 Pension Trust Fund's numbers.

  • By total assets, NECA-IBEW Local 176 Pension Trust Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
  • Trustees of the NECA-IBEW Local 176 Pension Trust Fund's sponsor-wide assets have grown 17.7% since 2022 across 3 plan years on file. More Construction plans