Southern California Ibew Neca

Name

Southern California Ibew Neca

Legal name

Southern California IBEW-NECA Trust Funds

Website

https://scibew-neca.org

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Multi-Employer Employee Benefits Trust Fund Administration

NAICS

Pension Funds (525110), Health and Welfare Funds (525120)

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Employee Benefit & Retirement Plan Trust Services (FSAAANAC)

Keywords

• Multiemployer benefit trust
• Taft-Hartley health plan
• Defined benefit pension
• Defined contribution pension
• Supplemental unemployment benefits

Headquarters

HQ city

Pasadena

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Others

Distribution channels4 records

Marketing channels6 records

Core offering

Southern California IBEW-NECA Trust Funds is a Taft-Hartley multi-employer benefit trust fund that administers health insurance, defined benefit and defined contribution pension plans, and supplemental unemployment benefits for active and retired IBEW Local 11 electrical workers and their dependents. The fund is established and governed jointly by IBEW Local 11 and the Los Angeles Chapter of the National Electrical Contractors Association (LA NECA), funded by employer contributions under collective bargaining agreements. Benefits are delivered through contracted provider networks and online self-service portals for participant account management.

Product overview

Southern California IBEW-NECA Trust Funds operates a multi-benefit administration system consisting of five core benefit products: Active Health Plan and Retiree Health Plan (providing medical coverage), Defined Benefit Pension Plan and Defined Contribution Pension Plan (providing retirement income), and Supplemental Unemployment Benefit Plan (providing income during unemployment). These are supported by the Participant Portal platform for account management and the Annual Pensioner Verification Portal for retirees. Add-on wellness programs include Medical Body Scan Benefit through Body Scan International and Health Reimbursement Arrangement with wellness incentives. The trust fund also administers the Electronic Reciprocal Transfer System for members working across different IBEW jurisdictions. All plans are collectively bargained through IBEW Local 11 and LA NECA, with governance by a Board of Trustees.

Differentiator

Problem solved

Functional benefit

Brands

• Los Angeles Electrical Workers Credit Union/Vacation Fund: A related organization providing credit union and vacation fund services to members, now with a separate website at laewcu.com

Products and services

• Active Health Plan Health insurance plan for eligible active IBEW Local 11 workers and their dependents, providing medical coverage, preventive care, body scan programs, and HRA wellness incentives. Delivered through contracted provider networks including Kaiser Permanente, Anthem Blue Cross PPO, and UnitedHealthcare.
• Retiree Health Plan Health insurance plan for retired participants and their eligible spouses, offering Medicare Supplement coverage, Kaiser, and UnitedHealthcare retiree plan options with retiree-specific health benefits.
• Defined Benefit (DB) Pension Plan Traditional pension plan providing guaranteed monthly retirement benefits based on a formula using years of service and benefit credits, administered by the Board of Trustees for eligible participants.
• Defined Contribution (DC) Pension Plan Individual account retirement plan where contributions are made on behalf of participants and invested, with account balances based on contributions and investment returns, recordkept by John Hancock Retirement Plan Services.
• Supplemental Unemployment Benefit (SUB) Plan Provides weekly benefit payments to eligible participants during periods of unemployment, available exclusively to IBEW Local 11 and LA NECA members under Amendment 22 to the SPD.
• Participant Portal

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core.

• Kaiser PermanentecoreTechnology or IntegrationKaiser Permanente provides HMO health plan options for active and retiree participants under the Southern California IBEW-NECA Health Trust Fund. Telehealth/virtual visit services available through Kaiser.
• UnitedHealthcarecoreTechnology or IntegrationUnitedHealthcare provides HMO and other health plan options for active and retiree participants. Offers virtual visit capabilities and wellness resources.
• Anthem Blue CrosscoreTechnology or IntegrationAnthem Blue Cross provides PPO health plan coverage and was also the life insurance and AD&D benefit provider (replacing Metropolitan Life). Physical therapy network also administered through Anthem.
• CignacoreTechnology or IntegrationCigna provides health and wellness newsletters (VitaMin) and was previously the health plan administrator. Currently provides supplemental health information resources.
• VSP (Vision Service Plan)coreTechnology or IntegrationVSP provides vision care benefits to plan participants through their network of eye care providers and eyewear discounts.
• Delta DentalcoreTechnology or IntegrationDelta Dental provides PPO dental coverage, having replaced the self-funded IBEW-NECA Dental Plan in 2009 with increased maximum annual benefits ($2,500).
• John Hancock Retirement Plan ServicescoreTechnology or IntegrationJohn Hancock provides recordkeeping and administration services for the Defined Contribution (DC) Pension Plan. Previously New York Life Retirement Plan Services before merger.
• MedExpertcoreTechnology or IntegrationMedExpert provides health advocacy and assistance services to participants, replacing HealthAdvocate. Personal Health Advocates (typically registered nurses) help with provider referrals, billing resolution, and care coordination. Also administers HRA Wellness Incentive Program.
• Citizens RxcoreTechnology or IntegrationCitizens Rx serves as the pharmacy benefit manager (PBM), having replaced OptumRx in February 2013 for processing prescription drug claims and providing mail service pharmacy.
• Coast BenefitscoreTechnology or IntegrationCoast Benefits was hired as the third party administrator effective February 1, 2017 to process claims and issue claims payments for retiree health plan Medicare Supplement program and active health plan orthotic benefit claims.
• IBEW Local 11coreStrategic or Co-development PartnerIBEW Local 11 is the International Brotherhood of Electrical Workers local union representing electrical workers. The trust fund provides benefits to Local 11 members under collective bargaining agreements with LA NECA. SUB Plan is available for IBEW Local 11 and LA NECA participants.
• LA NECA (Los Angeles Chapter, National Electrical Contractors Association)coreStrategic or Co-development PartnerLA NECA is the local chapter of the National Electrical Contractors Association. Joint labor-management partnership with IBEW Local 11 forms the basis for collective bargaining agreements that fund the trust.

Recent moves6 records

Expansion highlights4 records

Direct peers

• National Electrical Benefit Fund (NEBF): The national IBEW-NECA defined benefit pension fund covering IBEW members across all NECA jurisdictions; directly comparable multiemployer pension fund with reciprocal transfer integration for SC IBEW-NECA members.
• Los Angeles Electrical Workers Credit Union (LAEWCU): Affiliated credit union and vacation fund serving the same IBEW Local 11 membership; complementary financial-services peer within the same labor-management ecosystem.
• IBEW Local 47 (NECA) Trust Funds: Southern California IBEW-NECA peer trust fund serving IBEW Local 47 members (utility/outside linemen); operates an analogous multiemployer health and pension trust for electrical workers in the same region.
• National Electrical Annuity Plan (NEAP): National IBEW-NECA defined contribution/annuity plan; direct functional peer for the SC IBEW-NECA DC Pension Plan with reciprocal contribution tracking.

Regional players

• IBEW Local 9 / NECA Trust Funds (Chicago): Taft-Hartley multiemployer health and pension trust for IBEW Local 9 members in Chicago area; comparable benefit structure and governance model in a different metro market.
• San Diego IBEW-NECA Trust Funds: Regional IBEW-NECA trust fund for San Diego-area electrical workers; similar Taft-Hartley structure with health and pension administration in neighboring Southern California market.

Emerging players

• Western States Office & Professional Employees Pension Fund: Multiemployer Taft-Hartley pension and welfare trust serving office/professional employees; structural peer demonstrating the broader Taft-Hartley trust fund model outside the electrical trade.

Others

• Multi-Employer Benefit Services (MEBS): Third-party administrator serving Taft-Hartley multiemployer welfare and pension funds; comparable administrator role and tech stack for trust fund operations.
• Electrical Training Institute (Los Angeles): Joint IBEW-NECA apprenticeship training entity co-located with SC IBEW-NECA member benefits; ecosystem partner that drives the participant pipeline feeding the trust fund.

Broad incumbents

• BlueCross BlueShield Association (Taft-Hartley Plans): Large incumbent health-plan administrator that provides PPO/HMO coverage (Anthem Blue Cross) to Taft-Hartley multiemployer plans including this trust; comparable plan-administration capability at national scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Southern California Ibew Neca