Defined Benefit (Pension) · DOL Form 5500 · 2022

Local 147 Construction Workers Retirement Plan Pension Plan

Data updated 2026-08-25

$162M
Total assets Near avg plan size
17
Participants Small participant base
95th
Percentile by assets National rank
$9.6M
Avg per participant High balance/head
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Official DOL plan name: Local 147 Construction Workers Retirement Plan · Sponsored by Local 147 Construction Workers Retirement Plan · New Jersey · Construction

$162M in assets, 17 participants

Local 147 Construction Workers Retirement Plan's Local 147 Construction Workers Retirement Plan reported $162M in total assets and 17 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #9,325 in Construction (9,927 peers)

Where Local 147 Construction Workers Retirement Plan sits by assets

Local 147 Construction Workers Retirement Plan sits in the top 5% of all filed plans by assets, $162M for 17 participants (~$9.6M/participant), down 15.1% in 2022.

#9,325
in Construction (9,927 peers)
-15.1%
assets change YoY
1.6×
vs typical plan assets (national mean)

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 147 Construction Workers Retirement Plan's outsized position by total assets

Local 147 Construction Workers Retirement Plan vs every filed plan by assets

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

$162,424,903 Top 5% higher than 95% 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

Local 147 Construction Workers Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 147 Construction Workers Retirement Plan is a small filing (17 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 136528181 · Local 147 Construction Workers Retirement Plan PY 2022 · Defined Benefit (Pension)

Local 147 Construction Workers Retirement Plan · $162M · 17 · 95th

  • SCH $162M
  • EBSA 17
  • PART 95th
  • TYPE Defined Benefit (Pension)
  • NET near Regal Beloit America, Inc. Pension Plan
  • BOOK ind #9325

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 →

Local 147 Construction Workers Retirement Plan in the asset neighbourhood

Circor International, Inc. Retirement PlanCircor International, Inc. R…$163MAbb Inc. Merged Pension Plan$162MRegal Beloit America, Inc. Pension PlanRegal Beloit America, Inc. P…$162MLocal 147 Construction Workers Retirement PlanLocal 147 Construction Worke…$162MKern County Electrical Workers Pension FundKern County Electrical Worke…$162M
End-of-year total assets ($M) among Local 147 Construction Workers Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$162M
Net Income-$29M
Employer EIN136528181
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 147 Construction Workers Retirement Plan)

Sponsor-wide plan assets over time

All Local 147 Construction Workers Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$180M 10.902490118771995% vs 2022
2024 filing year
$160M$170M$180M$190M 202220232024 $162M $180M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 17 $162M
2023 1 65 $172M
2024 1 89 $180M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 147 Construction Workers Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Local 147 Construction Workers Retirement Plan, Total assets ($B): 0.162424903 · Participants: 17Local 147 Construction Workers Retirement PlanRetirement 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
Local 147 Construction Workers Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local 147 Construction Workers Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Regal Beloit America, Inc. Pension Plan in WI ($162M); by covered participants it is Retirement Plan for Employees of Woman's Life Insurance Society in MI (17 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($162M here).

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Local 147 Construction Workers Retirement Plan assets move in 2022?
Local 147 Construction Workers Retirement Plan declined sharply - down 15.1% during 2022, from $191M to $162M. Reported net income was -$29M.
How have Local 147 Construction Workers Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 147 Construction Workers Retirement Plan's sponsor-wide assets grew 10.9%, from $162M to $180M.
Where does Local 147 Construction Workers Retirement Plan rank by assets among Form 5500 filers?
Local 147 Construction Workers Retirement Plan ranks in the 95th 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 Local 147 Construction Workers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Regal Beloit America, Inc. Pension Plan in WI ($162M, 838 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 147 Construction Workers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Woman's Life Insurance Society in MI (17 participants, $17M in assets).