Money Purchase · DOL Form 5500 · 2023
Trustees of the NECA-IBEW Local 176 Pension Trust Fund Money Purchase Plan
Data updated 2026-08-25
- $678M
- Total assets Above avg plan size
- 2,263
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $299,525
- Avg per participant High balance/head
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
$678M in assets, 2,263 participants
Trustees of the NECA-IBEW Local 176 Pension Trust Fund's NECA-IBEW Local 176 Pension Trust Fund reported $678M in total assets and 2,263 participants in its 2023 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.
- #8,853 in Construction (9,030 peers)
Coverage in Illinois
NECA-IBEW Local 176 Pension Trust Fund covers 2,263 participants in Illinois, 2.9x the typical Illinois plan (state average ~779 per filing). Assets: $678M.
- #8,853
- in Construction (9,030 peers)
- +10.1%
- assets growth YoY
- 6.8×
- vs typical plan assets (national mean)
NECA-IBEW Local 176 Pension Trust Fund's outsized position by total assets
NECA-IBEW Local 176 Pension Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$677,825,728 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
NECA-IBEW Local 176 Pension Trust 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 Local 176 Pension Trust Fund lands in the large band (2,263 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- NECA-IBEW Local 176 Pension Trust Fund reported net income rose from $1M in the plan year 2022 filing to $62M in the plan year 2023 filing.
- NECA-IBEW Local 176 Pension Trust Fund reported participants fell from 2,741 in the plan year 2022 filing to 2,263 in the plan year 2023 filing.
- NECA-IBEW Local 176 Pension Trust Fund end-of-year assets rose from $616M in the plan year 2022 filing to $678M in the plan year 2023 filing.
DOL schedule card
Filing strip 362953263 · Trustees of the NECA-IBEW Local 176 Pension Trust Fund PY 2023 · Money Purchase
NECA-IBEW Local 176 Pension Trust Fund · $678M · 2,263 · 98th
- PART $678M
- TYPE 2,263
- NET 98th
- BOOK Money Purchase
- VS-ST near Kaiser Permanente Supplemental Savings and Retirement Plan for Union Groups
- BOY ind #8853
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 Illinois →
NECA-IBEW Local 176 Pension Trust Fund in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $616M |
|---|---|
| Net Assets (End of Year) | $677M |
| Net Income | $62M |
| Employer EIN | 362953263 |
| Plan Effective Date | 1976-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the NECA-IBEW Local 176 Pension Trust Fund)
Sponsor-wide plan assets over time
All Trustees of the NECA-IBEW Local 176 Pension Trust Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $725M 17.742640960406703% vs 2022
- 2024 filing year
| 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.
- Retirement Plan for Employees of Fermi Research Alliance, LLC $751M · 1,685
- NECA-IBEW Local 364 Defined Contribution Plan $468M · 763
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $194M · 1,187
- Sheet Metal Workers Local 219 Retirement Savings Fund $184M · 907
- Sheet Metal Workers Local 91 Annuity Plan $164M · 674
NECA-IBEW Local 176 Pension Trust Fund's out-of-state Money Purchase peers by assets and headcount
Outside Illinois, the nearest Money Purchase by assets is Kaiser Permanente Supplemental Savings and Retirement Plan for Union Groups in CA ($681M); by covered participants it is Retail Wholesale Department Store Union Local 1034 Defined Contribution Pension Plan in PA (2,265 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($678M here).
- Kaiser Permanente Supplemental Savings and Retirement Plan for Union Groups (CA) $681M · 9,948
- Local 580 Annuity Fund (NY) $703M · 3,222
- Local 580 Annuity Fund (NY) $703M · 3,222
- Saint Louis University Retirement Plan (MO) $709M · 2,863
Similar participant headcount
Nearest other-state filings by covered participants (2,263 participants); asset peers above are excluded.
- Retail Wholesale Department Store Union Local 1034 Defined Contribution Pension Plan (PA) 2,265 · 2 off
- Millwrights' Local 1102 Supplemental Pension Fund (MI) 2,267 · 4 off
- Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan (OH) 2,240 · 23 off
- Totaltrust Retirement Fund (CA) 2,324 · 61 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.