Money Purchase · DOL Form 5500 · 2024

Trustees of NECA-IBEW 177 Pension Fund Money Purchase Plan

Data updated 2026-08-25

$144M
Total assets Near avg plan size
1,412
Participants Near avg headcount
93rd
Percentile by assets National rank
$101,914
Avg per participant Below avg balance/head
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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.

  • #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.

#8,256
in Construction (9,039 peers)
+11.2%
assets growth YoY
1.4×
vs typical plan assets (national mean)

NECA-IBEW 177 Pension Fund's outsized position by total assets

NECA-IBEW 177 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$143,902,630 Top 7% higher than 93% of 123,620 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 2024

NECA-IBEW 177 Pension Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA-IBEW 177 Pension Fund lands in the large band (1,412 participants).

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.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 596976863 · Trustees of NECA-IBEW 177 Pension Fund PY 2024 · Money Purchase

NECA-IBEW 177 Pension Fund · $144M · 1,412 · 93rd

  • BOY $144M
  • SCH 1,412
  • EBSA 93rd
  • PART Money Purchase
  • TYPE near Massachusetts Mutual Life Insurance Company Agent Pension Plan
  • NET ind #8256

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 Florida →

NECA-IBEW 177 Pension Fund in the asset neighbourhood

Massachusetts Mutual Life Insurance Company Agent Pension PlanMassachusetts Mutual Life In…$145MNECA-IBEW 177 Pension Fund$144MTeamsters Local 802 Annuity FundTeamsters Local 802 Annuity …$143MSouth Central Annuity Fund$142MDefined Contribution Plan for the Employees of the American Institute of PhysicsDefined Contribution Plan fo…$141M
End-of-year total assets ($M) among NECA-IBEW 177 Pension Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

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

Sponsor Plan History (Trustees of NECA-IBEW 177 Pension Fund)

Sponsor-wide plan assets over time

All Trustees of NECA-IBEW 177 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$144M 24.71206577237472% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $115M $144M ▲ +24.7%
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 Scatter plot of 6 data points. -5000050001000015000 0100200300400500 Total assets ($M) Participants NECA-IBEW 177 Pension Fund, Total assets ($M): 143.90263 · Participants: 1412NECA-IBEW 177 Pension FundElliott Money Purchase Pension Plan, Total assets ($M): 457.469447 · Participants: 494Elliott Money Purchase Pension PlanSouthern States Savings & Retirement Plan Trust, Total assets ($M): 192.89028 · Participants: 13122Southern States Savings & Retirement Plan TrustCarolina Electrical Workers Retirement Fund, Total assets ($M): 154.004482 · Participants: 6154Carolina Electrical Workers Retirement FundLifelink Foundation, Inc. Retirement Plan, Total assets ($M): 99.089055 · Participants: 471Lifelink Foundation, Inc. Retirement PlanI.B.E.W. Local Union No. 728 Annuity Fund, Total assets ($M): 93.413582 · Participants: 1745I.B.E.W. Local Union No. 728 Annuity Fund
NECA-IBEW 177 Pension Fund vs. nearby Money Purchase plans in Florida, assets vs. participants
Compare NECA-IBEW 177 Pension Fund side-by-side with 3 peers →

NECA-IBEW 177 Pension Fund's out-of-state Money Purchase peers by assets and headcount

Outside Florida, the nearest Money Purchase by assets is Massachusetts Mutual Life Insurance Company Agent Pension Plan in MA ($145M); by covered participants it is Plumbers & Pipefitters Local No 189 Retirement Savings Plan in OH (1,385 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,412 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did NECA-IBEW 177 Pension Fund assets move in 2024? ▼
NECA-IBEW 177 Pension Fund grew at a solid clip - up 11.2% during 2024, from $129M to $144M. Reported net income was $15M.
How have Trustees of NECA-IBEW 177 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW 177 Pension Fund's sponsor-wide assets grew 24.7%, from $115M to $144M.
Where does NECA-IBEW 177 Pension Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW 177 Pension Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Massachusetts Mutual Life Insurance Company Agent Pension Plan in MA ($145M, 351 participants).
Which Money Purchase plans cover a similar participant headcount to NECA-IBEW 177 Pension Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Plumbers & Pipefitters Local No 189 Retirement Savings Plan in OH (1,385 participants, $221M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.