Money Purchase · DOL Form 5500 · 2022

NECA-IBEW Local 480 Money Purchase Plan

Data updated 2026-08-25

$100M
Total assets Below avg plan size
490
Participants Below avg headcount
93rd
Percentile by assets National rank
$203,372
Avg per participant Above avg balance/head
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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.

  • #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.

#8,181
in Other Services (8,398 peers)
+8.3%
assets growth YoY
1.0×
vs typical plan assets (national mean)

IBEW Local 480 Pension Plan's outsized position by total assets

IBEW Local 480 Pension Plan vs every filed plan by assets

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

$99,652,349 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 480 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 480 Pension Plan sits mid-pack in the medium band (490 participants).

Plan-year Form 5500 strip

Filing strip 646153349 · NECA-IBEW Local 480 PY 2022 · Money Purchase

IBEW Local 480 Pension Plan · $100M · 490 · 93rd

  • 5500 $100M
  • 5500 490
  • 5500 93rd
  • 5500 Money Purchase
  • 5500 near IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan
  • 5500 ind #8181

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 Other Services retirement plans → · Plans in Mississippi →

IBEW Local 480 Pension Plan in the asset neighbourhood

Michigan Laborers' Annuity FundMichigan Laborers' Annuity F…$100MPainting Industry of Hawaii Annuity PlanPainting Industry of Hawaii …$100MIBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement PlanIBEW AFL-CIO Local Union 743…$100MIBEW Local 480 Pension Plan$100MInternational Brotherhood of Electrical Workers Local No 725 Supplemental Pension TrustInternational Brotherhood of…$99M
End-of-year total assets ($M) among IBEW Local 480 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)$100M
Net Income$8M
Employer EIN646153349
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NECA-IBEW Local 480)

Sponsor-wide plan assets over time

All NECA-IBEW Local 480 plans reported in each filing year

Latest sponsor-wide plan assets
$123M 23.879400976288075% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $99.7M $123M ▲ +23.9%
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 Scatter plot of 6 data points. -2000200400600800 -50050100150 Total assets ($M) Participants IBEW Local 480 Pension Plan, Total assets ($M): 99.652349 · Participants: 490IBEW Local 480 Pension PlanMississippi Action for Progress, Inc Retirement Plan, Total assets ($M): 20.100175 · Participants: 758Mississippi Action for Progress, Inc Retirement PlanBolivar County Headstart Retirement Program, Total assets ($M): 9.814256 · Participants: 200Bolivar County Headstart Retirement ProgramSouthern Mississippi Planning and Development District Defined Contribution Pension Plan, Total assets ($M): 8.640438 · Participants: 142Southern Mississippi Planning and Development District Defined Contribution Pension PlanPanama City Employers-Ala Local Number 1482 Money, Total assets ($M): 2.565193 · Participants: 38Panama City Employers-Ala Local Number 1482 MoneyThe Ms Group Money Purchase Plan and Trust, Total assets ($M): 0.113538 · Participants: 3The Ms Group Money Purchase Plan and Trust
IBEW Local 480 Pension Plan vs. nearby Money Purchase plans in Mississippi, assets vs. participants
Compare IBEW Local 480 Pension Plan side-by-side with 3 peers →

IBEW Local 480 Pension Plan's out-of-state Money Purchase peers by assets and headcount

Outside Mississippi, the nearest Money Purchase by assets is IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan in PA ($100M); by covered participants it is Heat & Frost Insulators Local 127 Supplemental/401(k) Retirement Plan in WI (490 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (490 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 480 Pension Plan assets move in 2022? ▼
IBEW Local 480 Pension Plan grew at a solid clip - up 8.3% during 2022, from $92M to $100M. Reported net income was $8M.
How have NECA-IBEW Local 480 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NECA-IBEW Local 480's sponsor-wide assets grew 23.9%, from $100M to $123M.
Where does IBEW Local 480 Pension Plan rank by assets among Form 5500 filers? ▼
IBEW Local 480 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 480 Pension Plan? ▼
Among Money Purchase plans in other states, the closest by assets is IBEW AFL-CIO Local Union 743 NECA Penn-Del-Jersey Chapter Reading Division Retirement Plan in PA ($100M, 554 participants).
Which Money Purchase plans cover a similar participant headcount to IBEW Local 480 Pension Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Heat & Frost Insulators Local 127 Supplemental/401(k) Retirement Plan in WI (490 participants, $11M 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 646153349.

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.