Money Purchase · DOL Form 5500 · 2024
Trustees of NECA-IBEW 177 Pension Fund Money Purchase Plan
Data updated 2026-08-11
- $144M
- Total assets
- 1,412
- Participants
- 93rd
- Percentile by assets
- $101,914
- Avg per participant
Official DOL plan name: NECA-IBEW 177 Pension Fund · Sponsored by Trustees of NECA-IBEW 177 Pension Fund · Florida · Construction
$144M in assets, 1,412 participants
Trustees of NECA-IBEW 177 Pension Fund's NECA-IBEW 177 Pension Fund reported $144M in total assets and 1,412 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #8,256 in Construction (9,039 peers)
Coverage in Florida
NECA-IBEW 177 Pension Fund covers 1,412 participants in Florida, 2.2x the typical Florida plan (state average ~628 per filing). Assets: $144M.
- $144M
- total plan assets (2024 EOY)
- 1,412
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $101,914
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- NECA-IBEW 177 Pension Fund end-of-year assets rose from $129M in the plan year 2023 filing to $144M in the plan year 2024 filing.
- NECA-IBEW 177 Pension Fund reported net income rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- NECA-IBEW 177 Pension Fund reported participants fell from 1,443 in the plan year 2023 filing to 1,412 in the plan year 2024 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. NECA-IBEW 177 Pension Fund reports 1,412 participants - 2.2x that state average ($144M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $129M |
|---|---|
| Net Assets (End of Year) | $144M |
| Net Income | $15M |
| Employer EIN | 596976863 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING 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.
NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
- Elliott Money Purchase Pension Plan $457M · 494
- Southern States Savings & Retirement Plan Trust $193M · 13,122
- Carolina Electrical Workers Retirement Fund $154M · 6,154
- Lifelink Foundation, Inc. Retirement Plan $99M · 471
- I.B.E.W. Local Union No. 728 Annuity Fund $93M · 1,745
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to NECA-IBEW 177 Pension Fund by total assets, not by location.
Frequently Asked Questions
How did NECA-IBEW 177 Pension Fund assets move in 2024? ▼
How have Trustees of NECA-IBEW 177 Pension Fund plan assets changed over time? ▼
Where does NECA-IBEW 177 Pension Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to NECA-IBEW 177 Pension Fund? ▼
Next read for NECA-IBEW 177 Pension Fund
Filing takeaways
Ways to act on NECA-IBEW 177 Pension Fund's numbers.
- By total assets, NECA-IBEW 177 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Florida. Compare plans
- Trustees of NECA-IBEW 177 Pension Fund's sponsor-wide assets have grown 24.7% since 2022 across 3 plan years on file. More Construction plans