Defined Benefit (Pension) · DOL Form 5500 · 2024

NECA Local 145 IBEW Pension Fund Pension Plan

Data updated 2026-08-11

$275M
Total assets
801
Participants
95th
Percentile by assets
$343,251
Avg per participant
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Official DOL plan name: NECA Local 145 IBEW Pension Fund · Sponsored by NECA Local 145 IBEW Pension Fund · Illinois · Construction

$275M in assets, 801 participants

NECA Local 145 IBEW Pension Fund's NECA Local 145 IBEW Pension Fund reported $275M in total assets and 801 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)
  • #8,573 in Construction (9,039 peers)

Where NECA Local 145 IBEW Pension Fund sits by assets

NECA Local 145 IBEW Pension Fund sits in the top 5% of all filed plans by assets, $275M for 801 participants (~$343,251/participant), up 8.3% in 2024.

$275M
total plan assets (2024 EOY)
801
covered participants
95th
percentile by assets (of 123,622 plans)
$343,251
avg assets per participant

Where NECA Local 145 IBEW Pension Fund sits by total assets

NECA Local 145 IBEW Pension Fund vs every filed plan by assets

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

$274,943,898 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 145 IBEW Pension Fund reported net income fell from $31M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • NECA Local 145 IBEW Pension Fund end-of-year assets rose from $254M in the plan year 2023 filing to $275M in the plan year 2024 filing.
  • NECA Local 145 IBEW Pension Fund reported participants rose from 786 in the plan year 2023 filing to 801 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Illinois
Industry
Construction

NECA Local 145 IBEW Pension Fund vs the 2024 asset distribution

By assets, NECA Local 145 IBEW Pension Fund outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$254M
Net Assets (End of Year)$275M
Net Income$21M
Employer EIN366492101
Plan Effective Date1972-06-12
Filing StatusFILING RECEIVED

Sponsor Plan History (NECA Local 145 IBEW Pension Fund)

$200M$220M$240M$260M$280M$300M 202220232024 $223M $275M ▲ +23.0%
Total plan assets by year, all NECA Local 145 IBEW Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 769 $223M
2023 1 786 $254M
2024 1 801 $275M

Nearby Defined Benefit (Pension) Plans in Illinois

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

NECA Local 145 IBEW Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -200204060 Total assets ($B) Participants NECA Local 145 IBEW …, Total assets ($B): 0.274943898 · Participants: 801NECA Local 145 IBEW …Central States, Sout…, Total assets ($B): 48.22071058 · Participants: 36799Central States, Sout…State Farm Insurance…, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance…GE Healthcare Pensio…, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pensio…Abbott Laboratories …, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories …United Food & Commer…, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commer…
NECA Local 145 IBEW Pension Fund vs. nearby Defined Benefit (Pension) plans in Illinois, assets vs. participants
Compare NECA Local 145 IBEW Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to NECA Local 145 IBEW Pension Fund by total assets, not by location.

Frequently Asked Questions

How did NECA Local 145 IBEW Pension Fund assets move in 2024? ▼
NECA Local 145 IBEW Pension Fund grew at a solid clip - up 8.3% during 2024, from $254M to $275M. Reported net income was $21M.
How have NECA Local 145 IBEW Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NECA Local 145 IBEW Pension Fund's sponsor-wide assets grew 23.0%, from $223M to $275M.
Where does NECA Local 145 IBEW Pension Fund rank by assets among Form 5500 filers? ▼
NECA Local 145 IBEW Pension Fund 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 145 IBEW Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Case Western Reserve University Employees Retirement Plan B in OH ($275M, 714 participants).

Next read for NECA Local 145 IBEW Pension Fund

Scale reading

Ways to act on NECA Local 145 IBEW Pension Fund's numbers.

  • By total assets, NECA Local 145 IBEW Pension Fund 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 Illinois. Compare plans
  • NECA Local 145 IBEW Pension Fund's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 366492101.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.