NECA-IBEW

NECA-IBEW

The NECA-IBEW Pension Trust Fund was established in 1971 in Decatur, Illinois. It operates as a multiemployer plan covering eligible participants from IBEW-affiliated locals and NECA chapters. The fund holds approximately 19.43 percent of assets in U.S. commercial real estate through partnership and joint venture interests. It also maintains allocations to private equity at 0.99 percent and to hedge fund of funds. Confirmed infrastructure commitments include Stonepeak Infrastructure Fund II, IFM Global Infrastructure Fund, Astatine Investment Partners, and Ullico Infrastructure Fund. Geographic exposure centers on the United States with additional global infrastructure holdings. The fund employs Marquette Associates as investment advisor. Kevin Cope serves as administrator. It maintains membership in the International Foundation of Employee Benefit Plans and the National Coordinating Committee for Multiemployer Plans. November 2024: Spoke at the IFEBP Annual Conference on multiemployer pension administration and investment strategy. The fund is governed through a board structure tied directly to the collective bargaining parties NECA and IBEW, creating a formal linkage between plan sponsors and benefit administration that differs from single-employer corporate plans.