Defined Benefit (Pension) · DOL Form 5500 · 2022

Bd of Trustees New Jersey Building Laborers Statewide Pension Fund Pension Plan

Data updated 2026-08-11

$494M
Total assets
2,202
Participants
98th
Percentile by assets
$224,167
Avg per participant
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Official DOL plan name: New Jersey Building Laborers Statewide Pension Fund · Sponsored by Bd of Trustees New Jersey Building Laborers Statewide Pension Fund · New Jersey · Construction

$494M in assets, 2,202 participants

Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's New Jersey Building Laborers Statewide Pension Fund reported $494M in total assets and 2,202 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #9,707 in Construction (9,927 peers)

Coverage in New Jersey

New Jersey Building Laborers Statewide Pension Fund covers 2,202 participants in New Jersey, 2.6x the typical New Jersey plan (state average ~844 per filing). Assets: $494M.

$494M
total plan assets (2022 EOY)
2,202
covered participants
98th
percentile by assets (of 139,126 plans)
$224,167
avg assets per participant

The plan reported a net loss of $95M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. New Jersey Building Laborers Statewide Pension Fund reports 2,202 participants - 2.6x that state average ($494M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$586M
Net Assets (End of Year)$488M
Net Income-$95M
Employer EIN226077693
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees New Jersey Building Laborers Statewide Pension Fund)

$480M$500M$520M$540M$560M 202220232024 $494M $546M ▲ +10.5%
Total plan assets by year, all Bd of Trustees New Jersey Building Laborers Statewide Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,202 $494M
2023 1 2,108 $520M
2024 1 2,166 $546M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants New Jersey Building …Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Verizon Pension Plan…
New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to New Jersey Building Laborers Statewide Pension Fund by total assets, not by location.

Frequently Asked Questions

How did New Jersey Building Laborers Statewide Pension Fund assets move in 2022?
New Jersey Building Laborers Statewide Pension Fund declined sharply - down 15.7% during 2022, from $586M to $494M. Reported net income was -$95M.
How have Bd of Trustees New Jersey Building Laborers Statewide Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's sponsor-wide assets grew 10.5%, from $494M to $546M.
Where does New Jersey Building Laborers Statewide Pension Fund rank by assets among Form 5500 filers?
New Jersey Building Laborers Statewide Pension Fund ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to New Jersey Building Laborers Statewide Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Plumbers & Pipefitters Local Unions 502 & 633 Pens in MI ($494M, 1,256 participants).

Next read for New Jersey Building Laborers Statewide P…

Filing takeaways

Ways to act on New Jersey Building Laborers Statewide Pension Fund's numbers.

  • By total assets, New Jersey Building Laborers Statewide Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
  • Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans