Money Purchase · DOL Form 5500 · 2024

Trustees of the NECA-IBEW Local 176 Pension Trust Fund Money Purchase Plan

Data updated 2026-08-25

$725M
Total assets Above avg plan size
2,204
Participants Above avg headcount
98th
Percentile by assets National rank
$328,867
Avg per participant High balance/head
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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.

  • #8,852 in Construction (9,039 peers)

Coverage in Illinois

NECA-IBEW Local 176 Pension Trust Fund covers 2,204 participants in Illinois, 2.8x the typical Illinois plan (state average ~779 per filing). Assets: $725M.

#8,852
in Construction (9,039 peers)
+6.9%
assets growth YoY
7.3×
vs typical plan assets (national mean)

NECA-IBEW Local 176 Pension Trust Fund's outsized position by total assets

NECA-IBEW Local 176 Pension Trust Fund vs every filed plan by assets

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

$724,821,974 Top 2% higher than 98% 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 Local 176 Pension Trust 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 Local 176 Pension Trust Fund lands in the large band (2,204 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 362953263 · Trustees of the NECA-IBEW Local 176 Pension Trust Fund PY 2024 · Money Purchase

NECA-IBEW Local 176 Pension Trust Fund · $725M · 2,204 · 98th

  • 5500 $725M
  • 5500 2,204
  • 5500 98th
  • 5500 Money Purchase
  • 5500 near Saint Louis University Retirement Plan
  • 5500 ind #8852

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 Illinois →

NECA-IBEW Local 176 Pension Trust Fund in the asset neighbourhood

Pipefitters Local Union No. 537 Deferred Income Annuity Fund Individual Account PlanPipefitters Local Union No. …$785MSaint Louis University Retirement PlanSaint Louis University Retir…$755MNECA-IBEW Local 176 Pension Trust FundNECA-IBEW Local 176 Pension …$725MSan Mateo County Electrical Construction Industry Retiremt PlanSan Mateo County Electrical …$678MHawaii Carpenters Financial Security FundHawaii Carpenters Financial …$662M
End-of-year total assets ($M) among NECA-IBEW Local 176 Pension Trust Fund and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$678M
Net Assets (End of Year)$724M
Net Income$47M
Employer EIN362953263
Plan Effective Date1976-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of the NECA-IBEW Local 176 Pension Trust Fund)

Sponsor-wide plan assets over time

All Trustees of the NECA-IBEW Local 176 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$725M 17.742640960406703% vs 2022
2024 filing year
$600M$650M$700M$750M 202220232024 $616M $725M ▲ +17.7%
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 Scatter plot of 6 data points. 5001000150020002500 02004006008001000 Total assets ($M) Participants NECA-IBEW Local 176 Pension Trust Fund, Total assets ($M): 724.821974 · Participants: 2204NECA-IBEW Local 176 Pension Trust FundRetirement Plan for Employees of Fermi Research Alliance, LLC, Total assets ($M): 795.953748 · Participants: 1782Retirement Plan for Employees of Fermi Research Alliance, LLCNECA-IBEW Local 364 Defined Contribution Plan, Total assets ($M): 489.386942 · Participants: 944NECA-IBEW Local 364 Defined Contribution PlanInternational Association of Heat and Frost Insulators Local 17 Annuity Fund, Total assets ($M): 215.659803 · Participants: 1188International Association of Heat and Frost Insulators Local 17 Annuity FundSheet Metal Workers Local 219 Retirement Savings Fund, Total assets ($M): 209.670961 · Participants: 936Sheet Metal Workers Local 219 Retirement Savings FundSheet Metal Workers Local 91 Annuity Plan, Total assets ($M): 176.496252 · Participants: 638Sheet Metal Workers Local 91 Annuity Plan
NECA-IBEW Local 176 Pension Trust Fund vs. nearby Money Purchase plans in Illinois, assets vs. participants

NECA-IBEW Local 176 Pension Trust Fund's out-of-state Money Purchase peers by assets and headcount

Outside Illinois, the nearest Money Purchase by assets is Saint Louis University Retirement Plan in MO ($755M); by covered participants it is Bergelectric Corporation Money Purchase Pension Plan in CA (2,204 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,204 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 Local 176 Pension Trust Fund assets move in 2024? ▼
NECA-IBEW Local 176 Pension Trust Fund grew at a solid clip - up 6.9% during 2024, from $678M to $725M. Reported net income was $47M.
How have Trustees of the NECA-IBEW Local 176 Pension Trust Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of the NECA-IBEW Local 176 Pension Trust Fund's sponsor-wide assets grew 17.7%, from $616M to $725M.
Where does NECA-IBEW Local 176 Pension Trust Fund rank by assets among Form 5500 filers? ▼
NECA-IBEW Local 176 Pension Trust Fund ranks in the 98th 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 Money Purchase plans are similar in size to NECA-IBEW Local 176 Pension Trust Fund? ▼
Among Money Purchase plans in other states, the closest by assets is Saint Louis University Retirement Plan in MO ($755M, 2,836 participants).
Which Money Purchase plans cover a similar participant headcount to NECA-IBEW Local 176 Pension Trust Fund? ▼
Among Money Purchase plans in other states, the closest by covered participants is Bergelectric Corporation Money Purchase Pension Plan in CA (2,204 participants, $138M in assets).