Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd of Tees of NECA Lu No 313 IBEW Pension Plan Pension Plan

Data updated 2026-08-11

$234M
Total assets
814
Participants
95th
Percentile by assets
$286,961
Avg per participant
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Official DOL plan name: NECA Local Union No 313 IBEW Pension Plan · Sponsored by Bd of Tees of NECA Lu No 313 IBEW Pension Plan · Pennsylvania · Construction

$234M in assets, 814 participants

Bd of Tees of NECA Lu No 313 IBEW Pension Plan's NECA Local Union No 313 IBEW Pension Plan reported $234M in total assets and 814 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #8,506 in Construction (9,039 peers)

Where NECA Local Union No 313 IBEW Pension Plan sits by assets

NECA Local Union No 313 IBEW Pension Plan sits in the top 5% of all filed plans by assets, $234M for 814 participants (~$286,961/participant), up 7.7% in 2024.

$234M
total plan assets (2024 EOY)
814
covered participants
95th
percentile by assets (of 123,622 plans)
$286,961
avg assets per participant

Where NECA Local Union No 313 IBEW Pension Plan sits by total assets

NECA Local Union No 313 IBEW Pension Plan vs every filed plan by assets

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

$233,585,962 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • NECA Local Union No 313 IBEW Pension Plan reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • NECA Local Union No 313 IBEW Pension Plan end-of-year assets rose from $217M in the plan year 2023 filing to $234M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

NECA Local Union No 313 IBEW Pension Plan vs the 2024 asset distribution

By assets, NECA Local Union No 313 IBEW Pension Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$234M
Net Income$17M
Employer EIN516025969
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Tees of NECA Lu No 313 IBEW Pension Plan)

$190M$200M$210M$220M$230M$240M 202220232024 $201M $234M ▲ +16.0%
Total plan assets by year, all Bd of Tees of NECA Lu No 313 IBEW Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 809 $201M
2023 1 815 $217M
2024 1 814 $234M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

NECA Local Union No 313 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

NECA Local Union No 313 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants NECA Local Union No …National Elevator In…Steelworkers Pension…The PNC Financial Se…The Bank of New York…Constellation Retire…
NECA Local Union No 313 IBEW Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to NECA Local Union No 313 IBEW Pension Plan by total assets, not by location.

Frequently Asked Questions

How did NECA Local Union No 313 IBEW Pension Plan assets move in 2024?
NECA Local Union No 313 IBEW Pension Plan grew at a solid clip - up 7.7% during 2024, from $217M to $234M. Reported net income was $17M.
How have Bd of Tees of NECA Lu No 313 IBEW Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Tees of NECA Lu No 313 IBEW Pension Plan's sponsor-wide assets grew 16.0%, from $201M to $234M.
Where does NECA Local Union No 313 IBEW Pension Plan rank by assets among Form 5500 filers?
NECA Local Union No 313 IBEW Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to NECA Local Union No 313 IBEW Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bessemer Multiple Employer Retirement Plan in NJ ($234M, 186 participants).

Next read for NECA Local Union No 313 IBEW Pension Pla…

Scale reading

Ways to act on NECA Local Union No 313 IBEW Pension Plan's numbers.

  • By total assets, NECA Local Union No 313 IBEW Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Bd of Tees of NECA Lu No 313 IBEW Pension Plan's sponsor-wide assets have grown 16.0% since 2022 across 3 plan years on file. More Construction plans