Defined Benefit (Pension) · DOL Form 5500 · 2023

NECA Local 145 IBEW Pension Fund Pension Plan

Data updated 2026-08-25

$254M
Total assets Near avg plan size
786
Participants Near avg headcount
96th
Percentile by assets National rank
$323,110
Avg per participant High balance/head
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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.

  • #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.

#8,560
in Construction (9,030 peers)
+13.6%
assets growth YoY
2.5×
vs typical plan assets (national mean)

NECA Local 145 IBEW Pension Fund's outsized position 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

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 Local 145 IBEW Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA Local 145 IBEW Pension Fund sits mid-pack in the medium band (786 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Plan-year Form 5500 strip

Filing strip 366492101 · NECA Local 145 IBEW Pension Fund PY 2023 · Defined Benefit (Pension)

NECA Local 145 IBEW Pension Fund · $254M · 786 · 96th

  • TYPE $254M
  • NET 786
  • BOOK 96th
  • VS-ST Defined Benefit (Pension)
  • BOY near Vistra Retirement Plan
  • SCH ind #8560

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 Local 145 IBEW Pension Fund in the asset neighbourhood

Wilbur-Ellis Retirement Plan$255MThe Retirement Plan of New York Community Bancorp, Inc.The Retirement Plan of New Y…$255MNECA Local 145 IBEW Pension FundNECA Local 145 IBEW Pension …$254MVistra Retirement Plan$254MEvonik Corporation Retirement PlanEvonik Corporation Retiremen…$253M
End-of-year total assets ($M) among NECA Local 145 IBEW Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$223M
Net Assets (End of Year)$254M
Net Income$31M
Employer EIN366492101
Plan Effective Date1972-06-12
Filing StatusFILING RECEIVED

Sponsor Plan History (NECA Local 145 IBEW Pension Fund)

Sponsor-wide plan assets over time

All NECA Local 145 IBEW Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$275M 23.036150111945243% vs 2022
2024 filing year
$200M$220M$240M$260M$280M$300M 202220232024 $223M $275M ▲ +23.0%
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 Scatter plot of 6 data points. -200000200004000060000 -200204060 Total assets ($B) Participants NECA Local 145 IBEW Pension Fund, Total assets ($B): 0.253964436 · Participants: 786NECA Local 145 IBEW Pension 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 Local 145 IBEW Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants

NECA Local 145 IBEW Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Vistra Retirement Plan in TX ($254M); by covered participants it is American Axle & Manufacturing, Inc. Pension Plan in MI (787 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($254M here).

Similar participant headcount

Nearest other-state filings by covered participants (786 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to NECA Local 145 IBEW Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is American Axle & Manufacturing, Inc. Pension Plan in MI (787 participants, $290M in assets).