Money Purchase
2024 plan-year Money Purchase DOL Form 5500

NECA-IBEW 177 PENSION FUND

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TRUSTEES OF NECA-IBEW 177 PENSION FUND

This Money Purchase plan holds $144M in total assets and serves 1,412 participants as of 2024. It is sponsored by TRUSTEES OF NECA-IBEW 177 PENSION FUND in Florida. The plan reported positive net income of $15M for the year.

Total Assets (2023)
$144M
Participants
1,412
State
Industry
Construction

What the Filing Says About NECA-IBEW 177 PENSION FUND

NECA-IBEW 177 PENSION FUND is a Money Purchase retirement plan sponsored by TRUSTEES OF NECA-IBEW 177 PENSION FUND, headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $144M in total end-of-year assets and covers 1,412 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 596976863, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $129M at the beginning of 2024 to $144M at year-end — a gain of 11.2%. Net assets (after liabilities) closed the year at $144M, with reported net income of $15M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$129M
Total Assets (End of Year)$144M
Net Assets (End of Year)$144M
Net Income$15M
Plan TypeMoney Purchase
Employer EIN596976863
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TRUSTEES OF NECA-IBEW 177 PENSION FUND)

Year Plans Participants Total Assets
2022 1 1,358 $115M
2023 1 1,443 $129M
2024 1 1,412 $144M

Nearby Money Purchase Plans in Florida

Peer Money Purchase plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the NECA-IBEW 177 PENSION FUND?
As of the 2024 Form 5500 filing, NECA-IBEW 177 PENSION FUND holds $144M in total assets with 1,412 participants. It is sponsored by TRUSTEES OF NECA-IBEW 177 PENSION FUND.
What type of plan is NECA-IBEW 177 PENSION FUND?
NECA-IBEW 177 PENSION FUND is a Money Purchase plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 596976863.
Who sponsors the NECA-IBEW 177 PENSION FUND?
NECA-IBEW 177 PENSION FUND is sponsored by TRUSTEES OF NECA-IBEW 177 PENSION FUND, located in Florida. The sponsor's EIN is 596976863 and the plan operates in the Construction industry.
How did NECA-IBEW 177 PENSION FUND perform in 2024?
NECA-IBEW 177 PENSION FUND grew by 11.2% during 2024, moving from $129M to $144M in total assets. Net income was $15M.
Where can I find official filings for NECA-IBEW 177 PENSION FUND?
Official Form 5500 filings for NECA-IBEW 177 PENSION FUND are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 596976863 or plan name at efast.dol.gov.
How does NECA-IBEW 177 PENSION FUND compare to other plans?
You can compare NECA-IBEW 177 PENSION FUND against other Money Purchase plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 596976863.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.