Money Purchase · DOL Form 5500 · 2024
Trustees of the NECA-IBEW Local 176 Pension Trust Fund Money Purchase Plan
Data updated 2026-08-06
- $725M
- Total assets
- 2,204
- Participants
- 98th
- Percentile by assets
- $328,867
- Avg per participant
Official DOL plan name: NECA-IBEW Local 176 Pension Trust Fund · Sponsored by Trustees of the NECA-IBEW Local 176 Pension Trust Fund · Illinois · Construction
$725M in assets, 2,204 participants
Trustees of the NECA-IBEW Local 176 Pension Trust Fund's NECA-IBEW Local 176 Pension Trust Fund reported $725M in total assets and 2,204 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 116,472 plans)
- #8,158 in Construction (8,304 peers)
Coverage in Illinois
NECA-IBEW Local 176 Pension Trust Fund covers 2,204 participants in Illinois, 2.9x the typical Illinois plan (state average ~768 per filing). Assets: $725M.
- $725M
- total plan assets (2024 EOY)
- 2,204
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $328,867
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- NECA-IBEW Local 176 Pension Trust Fund reported net income fell from $62M in the plan year 2023 filing to $47M in the plan year 2024 filing.
- NECA-IBEW Local 176 Pension Trust Fund end-of-year assets rose from $678M in the plan year 2023 filing to $725M in the plan year 2024 filing.
- NECA-IBEW Local 176 Pension Trust Fund reported participants fell from 2,263 in the plan year 2023 filing to 2,204 in the plan year 2024 filing.
Participants vs Illinois filers
In Illinois, the average filing covers about 768 participants across 5,440 plans. NECA-IBEW Local 176 Pension Trust Fund reports 2,204 participants - 2.9x that state average ($725M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $678M |
|---|---|
| Net Assets (End of Year) | $724M |
| Net Income | $47M |
| Employer EIN | 362953263 |
| Plan Effective Date | 1976-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of the NECA-IBEW Local 176 Pension Trust Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,741 | $616M |
| 2023 | 1 | 2,263 | $678M |
| 2024 | 1 | 2,204 | $725M |
Nearby Money Purchase Plans in Illinois
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
NECA-IBEW Local 176 Pension Trust Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants
- Retirement Plan for Employees of Fermi Research Alliance, LLC $796M · 1,782
- NECA-IBEW Local 364 Defined Contribution Plan $489M · 944
- International Association of Heat and Frost Insulators Local 17 Annuity Fund $216M · 1,188
- Sheet Metal Workers Local 219 Retirement Savings Fund $210M · 936
- Sheet Metal Workers Local 91 Annuity Plan $176M · 638
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to NECA-IBEW Local 176 Pension Trust Fund by total assets, not by location.
- Saint Louis University Retirement Plan (MO) $755M · 2,836
- San Mateo County Electrical Construction Industry Retiremt Plan (CA) $678M · 1,088
- Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account Plan (MA) $785M · 3,331
- Hawaii Carpenters Financial Security Fund (HI) $662M · 4,066
Frequently Asked Questions
How did NECA-IBEW Local 176 Pension Trust Fund assets move in 2024? ▼
How have Trustees of the NECA-IBEW Local 176 Pension Trust Fund plan assets changed over time? ▼
Where does NECA-IBEW Local 176 Pension Trust Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to NECA-IBEW Local 176 Pension Trust Fund? ▼
Next read for NECA-IBEW Local 176 Pension Trust Fund
Filing takeaways
Ways to act on NECA-IBEW Local 176 Pension Trust Fund's numbers.
- By total assets, NECA-IBEW Local 176 Pension Trust Fund 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 the NECA-IBEW Local 176 Pension Trust Fund's sponsor-wide assets have grown 17.7% since 2022 across 3 plan years on file. More Construction plans