Defined Benefit (Pension) · DOL Form 5500 · 2022

Joint Pension Fund of Local Union Pension Plan

Data updated 2026-08-25

$608M
Total assets Above avg plan size
1,725
Participants Near avg headcount
98th
Percentile by assets National rank
$352,288
Avg per participant High balance/head
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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.

  • #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.

#9,753
in Construction (9,927 peers)
-13.2%
assets change YoY
6.1×
vs typical plan assets (national mean)

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.

Joint Pension Fund of Local Union No 102's outsized position by total assets

Joint Pension Fund of Local Union No 102 vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$607,696,156 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Joint Pension Fund of Local Union No 102's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Joint Pension Fund of Local Union No 102 lands in the large band (1,725 participants).

Plan-year Form 5500 strip

Filing strip 221615726 · Joint Pension Fund of Local Union PY 2022 · Defined Benefit (Pension)

Joint Pension Fund of Local Union No 102 · $608M · 1,725 · 98th

  • PCT $608M
  • EIN 1,725
  • RANK 98th
  • PHOTO Defined Benefit (Pension)
  • IND near Truck Drivers & Helpers Local Union No. 355 Retirement Plan
  • EOY ind #9753

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New Jersey →

Joint Pension Fund of Local Union No 102 in the asset neighbourhood

Cement and Concrete Workers DC Pension FundCement and Concrete Workers …$608MEmployees' Retirement Plan of Indianapolis Power & Light CompanyEmployees' Retirement Plan o…$608MJoint Pension Fund of Local Union No 102Joint Pension Fund of Local …$608MTruck Drivers & Helpers Local Union No. 355 Retirement PlanTruck Drivers & Helpers Loca…$607MTiffany and Company Pension PlanTiffany and Company Pension …$607M
End-of-year total assets ($M) among Joint Pension Fund of Local Union No 102 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$701M
Net Assets (End of Year)$607M
Net Income-$93M
Employer EIN221615726
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Pension Fund of Local Union)

Sponsor-wide plan assets over time

All Joint Pension Fund of Local Union plans reported in each filing year

Latest sponsor-wide plan assets
$718M 18.19477133569362% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $608M $718M ▲ +18.2%
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 Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Joint Pension Fund of Local Union No 102, Total assets ($B): 0.607696156 · Participants: 1725Joint Pension Fund of Local Union No 102Retirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
Joint Pension Fund of Local Union No 102 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Joint Pension Fund of Local Union No 102's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Truck Drivers & Helpers Local Union No. 355 Retirement Plan in MD ($607M); by covered participants it is Local 153 Pension Fund in NY (1,723 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,725 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Joint Pension Fund of Local Union No 102 assets move in 2022? ▼
Joint Pension Fund of Local Union No 102 pulled back noticeably - down 13.2% during 2022, from $701M to $608M. Reported net income was -$93M.
How have Joint Pension Fund of Local Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Pension Fund of Local Union's sponsor-wide assets grew 18.2%, from $608M to $718M.
Where does Joint Pension Fund of Local Union No 102 rank by assets among Form 5500 filers? ▼
Joint Pension Fund of Local Union No 102 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 Joint Pension Fund of Local Union No 102? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Truck Drivers & Helpers Local Union No. 355 Retirement Plan in MD ($607M, 2,024 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Joint Pension Fund of Local Union No 102? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 153 Pension Fund in NY (1,723 participants, $150M in assets).