Trustees of Neca-Ibew 177 Pension FundMoney purchase plan
NECA-IBEW 177 PENSION FUND · JACKSONVILLE, FL · plan year 2025
Reported admin expense ratio · 2025
0.60%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Trustees of Neca-Ibew 177 Pension Fund reported $865,585 in plan administrative expenses for 2025: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,647 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.76% to 0.60%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 239th-largest of 3,644 plans among Florida employers on file, and the 457th of 5,337 in construction.
Plan summary
Net assets, end of year$145,589,244
Participants with balances1,498
Active participants1,498
Employer contributions$8,458,932
Employee contributions—
Employer contribution per active participant$5,647
Employer contributions to the Trustees of Neca-Ibew 177 Pension Fund plan · 2025
Employer contribution per active participant$5,647
Median for plans this size$4,093
2025$5,647 per active participant
2024$5,011 per active participant
2023$4,009 per active participant
2022$3,873 per active participant
Trustees of Neca-Ibew 177 Pension Fund's 2025 employer contribution ran above the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 596976863 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.