Defined Benefit (Pension) · DOL Form 5500 · 2023
NECA-IBEW Pension Trust Fund Pension Plan
Data updated 2026-08-11
- $1.5B
- Total assets
- 5,763
- Participants
- 99th
- Percentile by assets
- $259,731
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.5B
- total plan assets (2023 EOY)
- 5,763
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $259,731
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. NECA-IBEW Pension Trust Fund reports 5,763 participants - 7.4x that state average ($1.5B EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $153M |
| Employer EIN | 516029903 |
| Plan Effective Date | 1971-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (NECA-IBEW Pension Trust Fund)
| 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
- Central States, Southeast & Southwest Areas Pension Plan $49.7B · 48,538
- State Farm Insurance Companies Retirement Plan for United States Employees $35.2B · 45,001
- United Food & Commercial Workers Intl Union - Industry Pension Fund $8.0B · 20,680
- John Deere Pension Plan for Salaried Employees $8.0B · 16,346
- Abbott Laboratories Annuity Retirement Plan $7.8B · 17,382
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 (Defined Benefit (Pension), $1.6B, 6,143 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to NECA-IBEW Pension Trust Fund by total assets, not by location.
- Cleveland-Cliffs Steel Corporation Noncontributory Pension Plan (OH) $1.5B · 1,800
- Medtronic Retirement Plan (MN) $1.5B · 1,079
- Aarp Employees' Pension Plan (DC) $1.5B · 1,957
- Koch Employees' Pension Plan (KS) $1.5B · 5,542
Frequently Asked Questions
How did NECA-IBEW Pension Trust Fund assets move in 2023? ▼
How have NECA-IBEW Pension Trust Fund plan assets changed over time? ▼
Where does NECA-IBEW Pension Trust Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to NECA-IBEW Pension Trust Fund? ▼
Next read for NECA-IBEW Pension Trust Fund
Filing takeaways
Ways to act on NECA-IBEW Pension Trust Fund's numbers.
- By total assets, NECA-IBEW Pension Trust Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
- NECA-IBEW Pension Trust Fund's sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Construction plans