NECA Local 145 IBEW Pension Fund retirement plan: assets, participants and fees
What NECA Local 145 IBEW Pension 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 | Quad City Bank & Trust | Schedule C ↗ |
| Independent auditor | Calibre Cpa Group, PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 287 pension plans in construction with 1,000 to 4,999 participants.
| NECA Local 145 IBEW Pension Fund: employer contribution per participant | $7,587 | |
| Peer median | $5,506 |
| NECA Local 145 IBEW Pension Fund: average balance | $166,164 | |
| Peer median | $105,184 |
| NECA Local 145 IBEW Pension Fund: admin expenses ÷ assets | 0.35% | |
| Peer median | 0.59% |
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 $211M at the end of plan year 2021 to $275M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,654 | $275M | $12.5M | $7,587 | 0.35% | Not published | Form 5500 ↗ |
| 2023 | 1,594 | $254M | $11.4M | $7,140 | 0.34% | Not published | Form 5500 ↗ |
| 2022 | 1,572 | $223M | $11.3M | $7,157 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 1,544 | $211M | $11.2M | $7,246 | 0.34% | Not published | Form 5500 ↗ |
Common questions
Does NECA Local 145 IBEW Pension Fund match 401(k) contributions?
The match terms for the Neca Local 145 Ibew Pension Fund have not been published from its filing yet. The plan year 2024 filing reports $12.5M in employer contributions, about $7,587 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the NECA Local 145 IBEW Pension Fund 401(k) match vested?
The vesting schedule for the Neca Local 145 Ibew Pension Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the NECA Local 145 IBEW Pension Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Quad City Bank & Trust. The plan administrator is Neca Local 145 Ibew Pension Fund.
I left NECA Local 145 IBEW Pension Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Neca Local 145 Ibew Pension Fund, (309) 764-8080) or the recordkeeper, Quad City Bank & Trust. The NECA Local 145 IBEW Pension Fund old 401(k) page lists the contacts from every plan filing. Find an old NECA Local 145 IBEW Pension Fund 401(k)
Data from the public Form 5500 annual reports NECA Local 145 IBEW Pension 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 Local 145 IBEW Pension Fund. Not financial advice. Report a correction · Methodology