National Electrical Benefit Fund (NEBF) vs Plumbers & Pipefitters National Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 9.0 percentage points (64.1% vs 55.1%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | Plumbers & Pipefitters National Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 56/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 64.1%* |
| Total Assets | $14.0B | $21.0B |
| Total Liabilities | $25.4B* | $32.8B |
| Unfunded Liability | $11.4B* | $11.8B |
| Participants | 595,000 | 430,000 |
| 1-Year Investment Return | 5.2% | 5.5%* |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | high | high |
| Sponsor | IBEW & NECA | United Association (UA) |
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 9.0 percentage points (64.1% vs 55.1%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.