Plan Snapshot
- Plan Sponsor: Ibew Local 505 Neca Pension Plan
- Sponsor EIN: 510176914
- Sponsor Address: 1717 OLD SHELL RD, MOBILE, AL, 366041323
- Plan Type: DB
- Plan Number: 001
- Total Participants: 385
- Total Assets: $64.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2023 | 385 | $64.1M | $4.0M | $0 |
| 2022 | 389 | $57.6M | $3.5M | $0 |