Money Purchase · DOL Form 5500 · 2024

Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund Money Purchase Plan

Data updated 2026-08-06

$489M
Total assets
944
Participants
97th
Percentile by assets
$518,418
Avg per participant
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Official DOL plan name: NECA-IBEW Local 364 Defined Contribution Plan · Sponsored by Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund · Illinois · Construction

$489M in assets, 944 participants

Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund's NECA-IBEW Local 364 Defined Contribution Plan reported $489M in total assets and 944 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)
  • #8,079 in Construction (8,304 peers)

Where NECA-IBEW Local 364 Defined Contribution Plan sits by assets

NECA-IBEW Local 364 Defined Contribution Plan sits in the top 5% of all filed plans by assets, $489M for 944 participants (~$518,418/participant), up 4.6% in 2024.

$489M
total plan assets (2024 EOY)
944
covered participants
97th
percentile by assets (of 116,472 plans)
$518,418
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • NECA-IBEW Local 364 Defined Contribution Plan reported net income fell from $53M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • NECA-IBEW Local 364 Defined Contribution Plan reported participants rose from 763 in the plan year 2023 filing to 944 in the plan year 2024 filing.
  • NECA-IBEW Local 364 Defined Contribution Plan end-of-year assets rose from $468M in the plan year 2023 filing to $489M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

NECA-IBEW Local 364 Defined Contribution Plan vs the 2024 asset distribution

By assets, NECA-IBEW Local 364 Defined Contribution Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$468M
Net Assets (End of Year)$488M
Net Income$24M
Employer EIN363306560
Plan Effective Date1984-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund)

$400M$450M$500M 202220232024 $418M $489M ▲ +17.2%
Total plan assets by year, all Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 320 $418M
2023 1 763 $468M
2024 1 944 $489M

Nearby Money Purchase Plans in Illinois

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

NECA-IBEW Local 364 Defined Contribution Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

NECA-IBEW Local 364 Defined Contribution Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants Scatter plot of 6 data points. 5001000150020002500 02004006008001000 Total assets ($M) Participants NECA-IBEW Local 364 …Retirement Plan for …NECA-IBEW Local 176 …International Associ…Sheet Metal Workers …Sheet Metal Workers …
NECA-IBEW Local 364 Defined Contribution Plan vs. nearby Money Purchase plans in Illinois, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to NECA-IBEW Local 364 Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did NECA-IBEW Local 364 Defined Contribution Plan assets move in 2024?
NECA-IBEW Local 364 Defined Contribution Plan edged up modestly - up 4.6% during 2024, from $468M to $489M. Reported net income was $24M.
How have Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund's sponsor-wide assets grew 17.2%, from $418M to $489M.
Where does NECA-IBEW Local 364 Defined Contribution Plan rank by assets among Form 5500 filers?
NECA-IBEW Local 364 Defined Contribution Plan ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to NECA-IBEW Local 364 Defined Contribution Plan?
Among Money Purchase plans in other states, the closest by assets is Western States Insulators and Allied Workers Individual Account Plan in CA ($487M, 6,552 participants).

Next read for NECA-IBEW Local 364 Defined Contribution…

Scale reading

Ways to act on NECA-IBEW Local 364 Defined Contribution Plan's numbers.

  • By total assets, NECA-IBEW Local 364 Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Illinois. Compare plans
  • Trustees of NECA-IBEW Local 364 Contribution Pension Trust Fund's sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Construction plans