Money Purchase · DOL Form 5500 · 2023

Trustees of NECA-IBEW 177 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$129M
Total assets Near avg plan size
1,443
Participants Near avg headcount
93rd
Percentile by assets National rank
$89,655
Avg per participant Below avg balance/head
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Official DOL plan name: NECA-IBEW 177 Pension Fund · Sponsored by Trustees of NECA-IBEW 177 Pension Fund · Florida · Construction

$129M in assets, 1,443 participants

Trustees of NECA-IBEW 177 Pension Fund's NECA-IBEW 177 Pension Fund reported $129M in total assets and 1,443 participants in its 2023 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.

  • #8,246 in Construction (9,030 peers)

Coverage in Florida

NECA-IBEW 177 Pension Fund covers 1,443 participants in Florida, 2.3x the typical Florida plan (state average ~628 per filing). Assets: $129M.

#8,246
in Construction (9,030 peers)
+12.1%
assets growth YoY
1.3×
vs typical plan assets (national mean)

NECA-IBEW 177 Pension Fund's outsized position by total assets

NECA-IBEW 177 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$129,372,481 Top 7% higher than 93% of 127,068 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 2023

NECA-IBEW 177 Pension Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA-IBEW 177 Pension Fund lands in the large band (1,443 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • NECA-IBEW 177 Pension Fund reported net income rose from -$27M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • NECA-IBEW 177 Pension Fund end-of-year assets rose from $115M in the plan year 2022 filing to $129M in the plan year 2023 filing.
  • NECA-IBEW 177 Pension Fund reported participants rose from 1,358 in the plan year 2022 filing to 1,443 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 596976863 · Trustees of NECA-IBEW 177 Pension Fund PY 2023 · Money Purchase

NECA-IBEW 177 Pension Fund · $129M · 1,443 · 93rd

  • 5500 $129M
  • ASSETS 1,443
  • PCT 93rd
  • EIN Money Purchase
  • RANK near Iron Workers Local 401 Annuity Fund
  • PHOTO ind #8246

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 Florida →

NECA-IBEW 177 Pension Fund in the asset neighbourhood

Mcphs University Pension Plan$131MIron Workers Local 401 Annuity FundIron Workers Local 401 Annui…$129MNECA-IBEW 177 Pension Fund$129MSouth Central Annuity Fund$129MMid-Atlantic States District Council Participating Locals Annuity FundMid-Atlantic States District…$128M
End-of-year total assets ($M) among NECA-IBEW 177 Pension Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$129M
Net Income$14M
Employer EIN596976863
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of NECA-IBEW 177 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of NECA-IBEW 177 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$144M 24.71206577237472% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $115M $144M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 1,358 $115M
2023 1 1,443 $129M
2024 1 1,412 $144M

Nearby Money Purchase Plans in Florida

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

NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0100200300400500 Total assets ($M) Participants NECA-IBEW 177 Pension Fund, Total assets ($M): 129.372481 · Participants: 1443NECA-IBEW 177 Pension FundElliott Money Purchase Pension Plan, Total assets ($M): 389.469568 · Participants: 448Elliott Money Purchase Pension PlanSouthern States Savings & Retirement Plan Trust, Total assets ($M): 178.216433 · Participants: 13258Southern States Savings & Retirement Plan TrustLifelink Foundation, Inc. Retirement Plan, Total assets ($M): 95.257903 · Participants: 476Lifelink Foundation, Inc. Retirement PlanI.B.E.W. Local Union No. 728 Annuity Fund, Total assets ($M): 87.961465 · Participants: 1712I.B.E.W. Local Union No. 728 Annuity FundPine Crest Preparatory School, Inc. Money Purchase Pension Plan, Total assets ($M): 66.469354 · Participants: 378Pine Crest Preparatory School, Inc. Money Purchase Pension Plan
NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
Compare NECA-IBEW 177 Pension Fund side-by-side with 3 peers →

NECA-IBEW 177 Pension Fund's out-of-state Money Purchase peers by assets and headcount

Outside Florida, the nearest Money Purchase by assets is Iron Workers Local 401 Annuity Fund in PA ($129M); by covered participants it is Pamcah-Ua Local 675 Annuity Plan in HI (1,444 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($129M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,443 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did NECA-IBEW 177 Pension Fund assets move in 2023? ▼
NECA-IBEW 177 Pension Fund grew at a solid clip - up 12.1% during 2023, from $115M to $129M. Reported net income was $14M.
How have Trustees of NECA-IBEW 177 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW 177 Pension Fund's sponsor-wide assets grew 24.7%, from $115M to $144M.
Where does NECA-IBEW 177 Pension Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW 177 Pension Fund ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Iron Workers Local 401 Annuity Fund in PA ($129M, 995 participants).
Which Money Purchase plans cover a similar participant headcount to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Pamcah-Ua Local 675 Annuity Plan in HI (1,444 participants, $349M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 596976863.

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.