National Electrical Benefit Fund (NEBF) vs AT&T Pension Benefit Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 26.7 percentage points (81.8% vs 55.1%). AT&T Pension Benefit Plan covers 472,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | AT&T Pension Benefit Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 79/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 81.8%* |
| Total Assets | $14.0B | $55.0B |
| Total Liabilities | $25.4B* | $67.2B |
| Unfunded Liability | $11.4B* | $12.2B |
| Participants | 595,000 | 472,000 |
| 1-Year Investment Return | 5.2% | 6.9%* |
| Plan Type | multiemployer | corporate |
| PBGC Risk Level | high | low |
| Sponsor | IBEW & NECA | AT&T Inc. |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 26.7 percentage points (81.8% vs 55.1%). AT&T Pension Benefit Plan covers 472,000 participants.