Laborers National (Industrial) Pension Fund vs National Electrical Benefit Fund (NEBF)
Side-by-side pension health comparison from DOL and public plan data
Laborers National (Industrial) Pension Fund (A) and National Electrical Benefit Fund (NEBF) (A) are close on the LakeQuality rubric. Funding ratios sit at 99% and 74% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Laborers National (Industrial) Pension Fund has a stronger Pension Health Score of 99/100 (A) compared to National Electrical Benefit Fund (NEBF) at 80/100 (A). Funding ratios differ by 24.3 percentage points (98.6% vs 74.3%). Laborers National (Industrial) Pension Fund covers 44,923 participants.
| Metric | Laborers National (Industrial) Pension Fund | National Electrical Benefit Fund (NEBF) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 99/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 98.6%* | 74.3% |
| Total Assets | $4.9B | $1.5B |
| Total Liabilities | $5.0B | $2.0B* |
| Unfunded Liability | $71.8M* | $523.2M |
| Participants | 44,923 | 18,619 |
| 1-Year Investment Return | 5.3%* | 5.2% |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | low | moderate |
| Sponsor | LIUNA | IBEW & NECA |
Laborers National (Industrial) Pension Fund has a stronger Pension Health Score of 99/100 (A) compared to National Electrical Benefit Fund (NEBF) at 80/100 (A). Funding ratios differ by 24.3 percentage points (98.6% vs 74.3%). Laborers National (Industrial) Pension Fund covers 44,923 participants.
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