Defined Benefit (Pension) · DOL Form 5500 · 2023

NECA-IBEW Pension Trust Fund Pension Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
5,763
Participants Above avg headcount
99th
Percentile by assets National rank
$259,731
Avg per participant Above avg balance/head
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Official DOL plan name: NECA-IBEW Pension Trust Fund · Sponsored by NECA-IBEW Pension Trust Fund · Illinois · Construction

$1.5B in assets, 5,763 participants

NECA-IBEW Pension Trust Fund's NECA-IBEW Pension Trust Fund reported $1.5B in total assets and 5,763 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,953 in Construction (9,030 peers)

Coverage in Illinois

NECA-IBEW Pension Trust Fund covers 5,763 participants in Illinois, 7.4x the typical Illinois plan (state average ~779 per filing). Assets: $1.5B.

#8,953
in Construction (9,030 peers)
+11.6%
assets growth YoY
15×
vs typical plan assets (national mean)

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

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

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

$1,496,828,211 Top 1% higher than 99% 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 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 Pension Trust Fund lands in the large band (5,763 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • NECA-IBEW Pension Trust Fund reported net income rose from -$53M in the plan year 2022 filing to $153M in the plan year 2023 filing.
  • NECA-IBEW Pension Trust Fund end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • NECA-IBEW Pension Trust Fund reported participants rose from 5,701 in the plan year 2022 filing to 5,763 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 516029903 · NECA-IBEW Pension Trust Fund PY 2023 · Defined Benefit (Pension)

NECA-IBEW Pension Trust Fund · $1.5B · 5,763 · 99th

  • PCT $1.5B
  • EIN 5,763
  • RANK 99th
  • PHOTO Defined Benefit (Pension)
  • IND near Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan
  • EOY ind #8953

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 Pension Trust Fund in the asset neighbourhood

Aarp Employees' Pension Plan$1.5BNECA-IBEW Pension Trust Fund$1.5BCleveland-Cliffs Steel Corporation Noncontributory Pension PlanCleveland-Cliffs Steel Corpo…$1.5BMedtronic Retirement Plan$1.5BKoch Employees' Pension Plan$1.5B
End-of-year total assets ($B) among NECA-IBEW Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$153M
Employer EIN516029903
Plan Effective Date1971-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NECA-IBEW Pension Trust Fund)

Sponsor-wide plan assets over time

All NECA-IBEW Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 18.562916457654467% vs 2022
2024 filing year
$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.34B $1.59B ▲ +18.7%
Year Plans Participants Total Assets
2022 1 5,701 $1.3B
2023 1 5,763 $1.5B
2024 1 6,143 $1.6B

Nearby Defined Benefit (Pension) Plans in Illinois

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

NECA-IBEW Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -200204060 Total assets ($B) Participants NECA-IBEW Pension Trust Fund, Total assets ($B): 1.496828211 · Participants: 5763NECA-IBEW Pension Trust FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 49.680270595 · Participants: 48538Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 35.242945747 · Participants: 45001State Farm Insurance Companies Retirement Plan for United States EmployeesUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 7.965094339 · Participants: 20680United Food & Commercial Workers Intl Union - Industry Pension FundJohn Deere Pension Plan for Salaried Employees, Total assets ($B): 7.960744597 · Participants: 16346John Deere Pension Plan for Salaried EmployeesAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 7.819798504 · Participants: 17382Abbott Laboratories Annuity Retirement Plan
NECA-IBEW Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare NECA-IBEW Pension Trust Fund side-by-side with 3 peers →

Scale composition for NECA-IBEW Pension Trust Fund

NECA-IBEW Pension Trust Fund reports $1.5B in end-of-year assets across 5,763 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $259,731 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was $153M.

This plan identity (EIN 516029903, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+18.6%) while covered participants moved from 5,701 to 6,143 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,701 $1.3B Open filing
2023 5,763 $1.5B This page
2024 · index core 6,143 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

NECA-IBEW Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan in OH ($1.5B); by covered participants it is Pension Plan for Employees at Ornl in TN (5,801 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,763 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 Pension Trust Fund assets move in 2023? ▼
NECA-IBEW Pension Trust Fund grew at a solid clip - up 11.6% during 2023, from $1.3B to $1.5B. Reported net income was $153M.
How have NECA-IBEW Pension Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NECA-IBEW Pension Trust Fund's sponsor-wide assets grew 18.6%, from $1.3B to $1.6B.
Where does NECA-IBEW Pension Trust Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW Pension Trust Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to NECA-IBEW Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan in OH ($1.5B, 1,800 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to NECA-IBEW Pension Trust Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees at Ornl in TN (5,801 participants, $2.5B 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 516029903.

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.