Money Purchase · DOL Form 5500 · 2022
NECA-IBEW Local 480 Money Purchase Plan
Data updated 2026-08-11
- $100M
- Total assets
- 490
- Participants
- 93rd
- Percentile by assets
- $203,372
- Avg per participant
Official DOL plan name: IBEW Local 480 Pension Plan · Sponsored by NECA-IBEW Local 480 · Mississippi · Other Services
$100M in assets, 490 participants
NECA-IBEW Local 480's IBEW Local 480 Pension Plan reported $100M in total assets and 490 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)
- #8,181 in Other Services (8,398 peers)
Where IBEW Local 480 Pension Plan sits by assets
IBEW Local 480 Pension Plan sits in the top 10% of all filed plans by assets, $100M for 490 participants (~$203,372/participant), up 8.3% in 2022.
- $100M
- total plan assets (2022 EOY)
- 490
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $203,372
- avg assets per participant
IBEW Local 480 Pension Plan vs the 2022 asset distribution
By assets, IBEW Local 480 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) | $100M |
| Net Income | $8M |
| Employer EIN | 646153349 |
| Plan Effective Date | 1971-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (NECA-IBEW Local 480)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 490 | $100M |
| 2023 | 1 | 485 | $112M |
| 2024 | 1 | 516 | $123M |
Nearby Money Purchase Plans in Mississippi
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
IBEW Local 480 Pension Plan vs. nearby Money Purchase plans in Mississippi, assets vs. participants
- Mississippi Action for Progress, Inc Retirement Plan $20M · 758
- Bolivar County Headstart Retirement Program $10M · 200
- Southern Mississippi Planning and Development District Defined Contribution Pension Plan $9M · 142
- Panama City Employers-Ala Local Number 1482 Money $3M · 38
- The Ms Group Money Purchase Plan and Trust $114K · 3
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to IBEW Local 480 Pension Plan by total assets, not by location.
- IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan (PA) $100M · 554
- Michigan Laborers' Annuity Fund (MI) $100M · 20,434
- Painting Industry of Hawaii Annuity Plan (HI) $100M · 630
- International Brotherhood of Electrical Workers Local No 725 Supplemental Pension Trust (IN) $99M · 1,021
Frequently Asked Questions
How did IBEW Local 480 Pension Plan assets move in 2022? ▼
How have NECA-IBEW Local 480 plan assets changed over time? ▼
Where does IBEW Local 480 Pension Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to IBEW Local 480 Pension Plan? ▼
Next read for IBEW Local 480 Pension Plan
Scale reading
Ways to act on IBEW Local 480 Pension Plan's numbers.
- By total assets, IBEW Local 480 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 Mississippi. Compare plans
- NECA-IBEW Local 480's sponsor-wide assets have grown 23.9% since 2022 across 3 plan years on file. More Other Services plans