Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees of the Local 259 Pension Fund Pension Plan

Data updated 2026-08-11

$124M
Total assets
997
Participants
94th
Percentile by assets
$124,479
Avg per participant
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Official DOL plan name: The Local 259 Pension Fund · Sponsored by Board of Trustees of the Local 259 Pension Fund · New Jersey · Retail Trade

$124M in assets, 997 participants

Board of Trustees of the Local 259 Pension Fund's The Local 259 Pension Fund reported $124M in total assets and 997 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #9,196 in Retail Trade (9,519 peers)

Where The Local 259 Pension Fund sits by assets

The Local 259 Pension Fund sits in the top 10% of all filed plans by assets, $124M for 997 participants (~$124,479/participant), down 14.5% in 2022.

$124M
total plan assets (2022 EOY)
997
covered participants
94th
percentile by assets (of 139,126 plans)
$124,479
avg assets per participant

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Local 259 Pension Fund sits by total assets

The Local 259 Pension Fund vs every filed plan by assets

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

$124,105,355 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
New Jersey
Industry
Retail Trade

The Local 259 Pension Fund vs the 2022 asset distribution

By assets, The Local 259 Pension Fund outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$145M
Net Assets (End of Year)$124M
Net Income-$21M
Employer EIN136115077
Plan Effective Date1954-02-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Local 259 Pension Fund)

$120M$130M$140M$150M 202220232024 $124M $142M ▲ +14.2%
Total plan assets by year, all Board of Trustees of the Local 259 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 997 $124M
2023 1 950 $133M
2024 1 917 $142M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

The Local 259 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants The Local 259 Pensio…, Total assets ($B): 0.124105355 · Participants: 997The Local 259 Pensio…Retirement Plan of J…, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of J…JPMorgan Chase Retir…, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retir…Nokia Retirement Inc…, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Inc…The Prudential Merge…, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merge…Verizon Pension Plan…, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan…
The Local 259 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Local 259 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Local 259 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did The Local 259 Pension Fund assets move in 2022? ▼
The Local 259 Pension Fund pulled back noticeably - down 14.5% during 2022, from $145M to $124M. Reported net income was -$21M.
How have Board of Trustees of the Local 259 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Local 259 Pension Fund's sponsor-wide assets grew 14.2%, from $124M to $142M.
Where does The Local 259 Pension Fund rank by assets among Form 5500 filers? ▼
The Local 259 Pension Fund ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Local 259 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Canadian Pacific Pension Plan for U.S. Management Employees in MN ($124M, 109 participants).

Next read for The Local 259 Pension Fund

Scale reading

Ways to act on The Local 259 Pension Fund's numbers.

  • By total assets, The Local 259 Pension Fund ranks in the top 10% 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
  • Board of Trustees of the Local 259 Pension Fund's sponsor-wide assets have grown 14.2% since 2022 across 3 plan years on file. More Retail Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 136115077.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.