NECA-IBEW Pension Trust Fund retirement plan: assets, participants and fees
What NECA-IBEW Pension Trust Fund's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | PNC Bank, National Association | Schedule C ↗ |
| Independent auditor | Kerber, Eck & Braeckel LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 57 pension plans in construction with 10,000 to 49,999 participants.
| NECA-IBEW Pension Trust Fund: employer contribution per participant | $6,231 | |
| Peer median | $6,151 |
| NECA-IBEW Pension Trust Fund: average balance | $122,367 | |
| Peer median | $107,788 |
| NECA-IBEW Pension Trust Fund: admin expenses ÷ assets | 0.32% | |
| Peer median | 0.47% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.4B at the end of plan year 2021 to $1.6B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 12,974 | $1.6B | $80.8M | $6,231 | 0.32% | Not published | Form 5500 ↗ |
| 2023 | 12,339 | $1.5B | $71.3M | $5,775 | 0.32% | Not published | Form 5500 ↗ |
| 2022 | 11,817 | $1.3B | $65.4M | $5,534 | 0.29% | Not published | Form 5500 ↗ |
| 2021 | 11,638 | $1.4B | $60.2M | $5,172 | 0.33% | Not published | Form 5500 ↗ |
Common questions
Does NECA-IBEW Pension Trust Fund match 401(k) contributions?
The match terms for the Neca-Ibew Pension Trust Fund have not been published from its filing yet. The plan year 2024 filing reports $80.8M in employer contributions, about $6,231 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the NECA-IBEW Pension Trust Fund 401(k) match vested?
The vesting schedule for the Neca-Ibew Pension Trust Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the NECA-IBEW Pension Trust Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is PNC Bank, National Association. The plan administrator is Neca-Ibew Pension Trust Fund.
I left NECA-IBEW Pension Trust Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Neca-Ibew Pension Trust Fund, (217) 875-0254) or the recordkeeper, PNC Bank, National Association. The NECA-IBEW Pension Trust Fund old 401(k) page lists the contacts from every plan filing. Find an old NECA-IBEW Pension Trust Fund 401(k)
Data from the public Form 5500 annual reports NECA-IBEW Pension Trust Fund filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with NECA-IBEW Pension Trust Fund. Not financial advice. Report a correction · Methodology