Defined Benefit (Pension) · DOL Form 5500 · 2023

NECA Local 145 IBEW Pension Fund Pension Plan

Data updated 2026-08-11

$254M
Total assets: 786
Participants: 96th
Percentile by assets: $323,110
Avg per participant

Official DOL plan name: NECA Local 145 IBEW Pension Fund · Sponsored by NECA Local 145 IBEW Pension Fund · Illinois · Construction

$254M in assets, 786 participants

NECA Local 145 IBEW Pension Fund's NECA Local 145 IBEW Pension Fund reported $254M in total assets and 786 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,560 in Construction (9,030 peers)

Where NECA Local 145 IBEW Pension Fund sits by assets

NECA Local 145 IBEW Pension Fund sits in the top 5% of all filed plans by assets, $254M for 786 participants (~$323,110/participant), up 13.6% in 2023.

$254M
total plan assets (2023 EOY): 786
covered participants: 96th
percentile by assets (of 127,072 plans): $323,110
avg assets per participant

Where NECA Local 145 IBEW Pension Fund sits by total assets

NECA Local 145 IBEW Pension Fund vs every filed plan by assets

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

$253,964,436 Top 4% higher than 96% 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 Local 145 IBEW Pension Fund reported net income rose from $12M in the plan year 2022 filing to $31M in the plan year 2023 filing.
NECA Local 145 IBEW Pension Fund end-of-year assets rose from $223M in the plan year 2022 filing to $254M in the plan year 2023 filing.
NECA Local 145 IBEW Pension Fund reported participants rose from 769 in the plan year 2022 filing to 786 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

NECA Local 145 IBEW Pension Fund vs the 2023 asset distribution

By assets, NECA Local 145 IBEW Pension Fund outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$223M
Net Assets (End of Year)	$254M
Net Income	$31M
Employer EIN	366492101
Plan Effective Date	1972-06-12
Filing Status	FILING RECEIVED

Sponsor Plan History (NECA Local 145 IBEW Pension Fund)

Total plan assets by year, all NECA Local 145 IBEW Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	769	$223M
2023	1	786	$254M
2024	1	801	$275M

Nearby Defined Benefit (Pension) Plans in Illinois

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

NECA Local 145 IBEW Pension 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

Compare NECA Local 145 IBEW Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to NECA Local 145 IBEW Pension Fund by total assets, not by location.

Vistra Retirement Plan (TX) $254M · 207
Evonik Corporation Retirement Plan (NJ) $253M · 660
The Retirement Plan of New York Community Bancorp, Inc. (NY) $255M · 256
Wilbur-Ellis Retirement Plan (CA) $255M · 2,439

Frequently Asked Questions

How did NECA Local 145 IBEW Pension Fund assets move in 2023? ▼

NECA Local 145 IBEW Pension Fund grew at a solid clip - up 13.6% during 2023, from $223M to $254M. Reported net income was $31M.

How have NECA Local 145 IBEW Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), NECA Local 145 IBEW Pension Fund's sponsor-wide assets grew 23.0%, from $223M to $275M.

Where does NECA Local 145 IBEW Pension Fund rank by assets among Form 5500 filers? ▼

NECA Local 145 IBEW Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to NECA Local 145 IBEW Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Vistra Retirement Plan in TX ($254M, 207 participants).

Next read for NECA Local 145 IBEW Pension Fund

Scale reading

Ways to act on NECA Local 145 IBEW Pension Fund's numbers.

By total assets, NECA Local 145 IBEW Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Illinois. Compare plans
NECA Local 145 IBEW Pension Fund's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Construction plans

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 366492101.