Money Purchase · DOL Form 5500 · 2024
Trustees of Greater Texas IBEW NECA Money Purchase Plan
Data updated 2026-08-11
- $165M
- Total assets
- 1,845
- Participants
- 93rd
- Percentile by assets
- $89,328
- Avg per participant
Official DOL plan name: Greater Texas IBEW NECA Annuity Plan · Sponsored by Trustees of Greater Texas IBEW NECA · Texas · Finance & Insurance
$165M in assets, 1,845 participants
Trustees of Greater Texas IBEW NECA's Greater Texas IBEW NECA Annuity Plan reported $165M in total assets and 1,845 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)
- #7,656 in Finance & Insurance (8,549 peers)
Coverage in Texas
Greater Texas IBEW NECA Annuity Plan covers 1,845 participants in Texas, 2.7x the typical Texas plan (state average ~688 per filing). Assets: $165M.
- $165M
- total plan assets (2024 EOY)
- 1,845
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $89,328
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Greater Texas IBEW NECA Annuity Plan reported net income rose from $10M in the plan year 2023 filing to $19M in the plan year 2024 filing.
- Greater Texas IBEW NECA Annuity Plan end-of-year assets rose from $146M in the plan year 2023 filing to $165M in the plan year 2024 filing.
- Greater Texas IBEW NECA Annuity Plan reported participants rose from 1,683 in the plan year 2023 filing to 1,845 in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Greater Texas IBEW NECA Annuity Plan reports 1,845 participants - 2.7x that state average ($165M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $146M |
|---|---|
| Net Assets (End of Year) | $165M |
| Net Income | $19M |
| Employer EIN | 756229319 |
| Plan Effective Date | 1974-08-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Greater Texas IBEW NECA)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,298 | $137M |
| 2023 | 1 | 1,683 | $146M |
| 2024 | 1 | 1,845 | $165M |
Nearby Money Purchase Plans in Texas
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Greater Texas IBEW NECA Annuity Plan vs. nearby Money Purchase plans in Texas, assets vs. participants
- Occidental Petroleum Corporation Retirement Plan $1.3B · 7,877
- Alcon Retirement Plan $1.1B · 9,762
- William Marsh Rice University Defined Contribution Retirement Plan $930M · 6,787
- Apache Corporation Money Purchase Retirement Plan $271M · 1,492
- South Central Annuity Fund $142M · 8,884
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Greater Texas IBEW NECA Annuity Plan by total assets, not by location.
- Local Union 598 Supplemental Pension Plan (OR) $166M · 688
- Annuity Fund of Local 274 (NJ) $167M · 402
- Seafarers Money Purchase Pension Plan (MD) $168M · 8,583
- IBEW Local 363-Money Purchase Pension Plan (NY) $161M · 1,140
Frequently Asked Questions
How did Greater Texas IBEW NECA Annuity Plan assets move in 2024? ▼
How have Trustees of Greater Texas IBEW NECA plan assets changed over time? ▼
Where does Greater Texas IBEW NECA Annuity Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Greater Texas IBEW NECA Annuity Plan? ▼
Next read for Greater Texas IBEW NECA Annuity Plan
Filing takeaways
Ways to act on Greater Texas IBEW NECA Annuity Plan's numbers.
- By total assets, Greater Texas IBEW NECA Annuity Plan 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 Texas. Compare plans
- Trustees of Greater Texas IBEW NECA's sponsor-wide assets have grown 20.6% since 2022 across 3 plan years on file. More Finance & Insurance plans