Defined Benefit (Pension) · DOL Form 5500 · 2022
Joint Pension Fund of Local Union Pension Plan
Data updated 2026-08-11
- $608M
- Total assets
- 1,725
- Participants
- 98th
- Percentile by assets
- $352,288
- Avg per participant
Official DOL plan name: Joint Pension Fund of Local Union No 102 · Sponsored by Joint Pension Fund of Local Union · New Jersey · Construction
$608M in assets, 1,725 participants
Joint Pension Fund of Local Union's Joint Pension Fund of Local Union No 102 reported $608M in total assets and 1,725 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)
- #9,753 in Construction (9,927 peers)
Coverage in New Jersey
Joint Pension Fund of Local Union No 102 covers 1,725 participants in New Jersey, 2.0x the typical New Jersey plan (state average ~844 per filing). Assets: $608M.
- $608M
- total plan assets (2022 EOY)
- 1,725
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $352,288
- avg assets per participant
The plan reported a net loss of $93M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Joint Pension Fund of Local Union No 102 reports 1,725 participants - 2.0x that state average ($608M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $701M |
|---|---|
| Net Assets (End of Year) | $607M |
| Net Income | -$93M |
| Employer EIN | 221615726 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Pension Fund of Local Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,725 | $608M |
| 2023 | 1 | 2,013 | $672M |
| 2024 | 1 | 2,040 | $718M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Joint Pension Fund of Local Union No 102 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Joint Pension Fund of Local Union No 102 by total assets, not by location.
- Truck Drivers & Helpers Local Union No. 355 Retirement Plan (MD) $607M · 2,024
- Employees' Retirement Plan of Indianapolis Power & Light Company (IN) $608M · 782
- Tiffany and Company Pension Plan (NY) $607M · 1,011
- Cement and Concrete Workers DC Pension Fund (NY) $608M · 1,157
Frequently Asked Questions
How did Joint Pension Fund of Local Union No 102 assets move in 2022? ▼
How have Joint Pension Fund of Local Union plan assets changed over time? ▼
Where does Joint Pension Fund of Local Union No 102 rank by assets among Form 5500 filers? ▼
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Next read for Joint Pension Fund of Local Union No 102
Filing takeaways
Ways to act on Joint Pension Fund of Local Union No 102's numbers.
- By total assets, Joint Pension Fund of Local Union No 102 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
- Joint Pension Fund of Local Union's sponsor-wide assets have grown 18.2% since 2022 across 3 plan years on file. More Construction plans