Defined Benefit (Pension) · DOL Form 5500 · 2024

NECA Local 145 IBEW Pension Fund Pension Plan

Data updated 2026-08-25

$275M
Total assets Near avg plan size
801
Participants Near avg headcount
95th
Percentile by assets National rank
$343,251
Avg per participant High balance/head
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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.

  • #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.

#8,573
in Construction (9,039 peers)
+8.3%
assets growth YoY
2.8×
vs typical plan assets (national mean)

NECA Local 145 IBEW Pension Fund's outsized position 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 $2,050,000,000 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 Local 145 IBEW Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. NECA Local 145 IBEW Pension Fund sits mid-pack in the medium band (801 participants).

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 →

Form 5500 schedule snapshot

Filing strip 366492101 · NECA Local 145 IBEW Pension Fund PY 2024 · Defined Benefit (Pension)

NECA Local 145 IBEW Pension Fund · $275M · 801 · 95th

  • EOY $275M
  • 5500 801
  • ASSETS 95th
  • PCT Defined Benefit (Pension)
  • EIN near Case Western Reserve University Employees Retirement Plan B
  • RANK ind #8573

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 Local 145 IBEW Pension Fund in the asset neighbourhood

Utah Sheet Metal Pension TrustUtah Sheet Metal Pension Tru…$275MCase Western Reserve University Employees Retirement Plan BCase Western Reserve Univers…$275MNECA Local 145 IBEW Pension FundNECA Local 145 IBEW Pension …$275MDassault Falcon Jet Corporation Retirement Income PlanDassault Falcon Jet Corporat…$275MValley National Bank Pension PlanValley National Bank Pension…$275M
End-of-year total assets ($M) among NECA Local 145 IBEW Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All NECA Local 145 IBEW Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$275M 23.036150111945243% vs 2022
2024 filing year
$200M$220M$240M$260M$280M$300M 202220232024 $223M $275M ▲ +23.0%
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 ($B) Participants NECA Local 145 IBEW Pension Fund, Total assets ($B): 0.274943898 · Participants: 801NECA Local 145 IBEW Pension FundCentral States, Southeast & Southwest Areas Pension Plan, Total assets ($B): 48.22071058 · Participants: 36799Central States, Southeast & Southwest Areas Pension PlanState Farm Insurance Companies Retirement Plan for United States Employees, Total assets ($B): 37.736369487 · Participants: 41619State Farm Insurance Companies Retirement Plan for United States EmployeesGE Healthcare Pension Plan, Total assets ($B): 13.74052931 · Participants: 5554GE Healthcare Pension PlanAbbott Laboratories Annuity Retirement Plan, Total assets ($B): 8.591907247 · Participants: 17875Abbott Laboratories Annuity Retirement PlanUnited Food & Commercial Workers Intl Union - Industry Pension Fund, Total assets ($B): 8.17675965 · Participants: 20984United Food & Commercial Workers Intl Union - Industry Pension Fund
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 →

NECA Local 145 IBEW Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Illinois, the nearest Defined Benefit (Pension) by assets is Case Western Reserve University Employees Retirement Plan B in OH ($275M); by covered participants it is Minnesota Cement Masons Pension Fund in MN (802 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (801 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to NECA Local 145 IBEW Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Minnesota Cement Masons Pension Fund in MN (802 participants, $286M in assets).

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.