Money Purchase · DOL Form 5500 · 2022

Local 360 401(k) and Severance Plan Money Purchase Plan

Data updated 2026-08-11

$8M
Total assets
651
Participants
60th
Percentile by assets
$12,270
Avg per participant
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Official DOL plan name: Local 360 401(k) and Severance Plan · Sponsored by Local 360 401(k) and Severance Plan · New Jersey · Retail Trade

$8M in assets, 651 participants

Local 360 401(k) and Severance Plan's Local 360 401(k) and Severance Plan reported $8M in total assets and 651 participants in its 2022 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 139,126 plans)
  • #6,742 in Retail Trade (9,519 peers)

Local 360 401(k) and Severance Plan multi-year trail

Local 360 401(k) and Severance Plan's plans moved +45.4% in assets from 2022 to 2024; this filing shows Local 360 401(k) and Severance Plan at $8M / 651 participants.

$8M
total plan assets (2022 EOY)
651
covered participants
60th
percentile by assets (of 139,126 plans)
$12,270
avg assets per participant

The plan reported a net loss of $760K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Local 360 401(k) and Severance Plan across 3 plan years on file

Across the 3 plan years Local 360 401(k) and Severance Plan has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $12M, a gain of 45.4%, while reported participants moved from 651 to 2,418 (+271.4%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($8M).

Local 360 401(k) and Severance Plan multi-year asset trail

$6M$8M$10M$12M 202220232024 $7.99M $11.6M ▲ +45.4%
Total plan assets by year, all Local 360 401(k) and Severance Plan plans on file
Year Plans Participants Total Assets
2022 1 651 $8M
2023 1 1,093 $10M
2024 1 2,418 $12M

Local 360 401(k) and Severance Plan filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$760K
Employer EIN222450938
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Local 360 401(k) and Severance Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Local 360 401(k) and Severance Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000 -20002004006008001000 Total assets ($M) Participants Local 360 401(k) and…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Local 360 401(k) and Severance Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local 360 401(k) and Severance Plan by total assets, not by location.

Frequently Asked Questions

How did Local 360 401(k) and Severance Plan assets move in 2022?
Local 360 401(k) and Severance Plan pulled back noticeably - down 9.0% during 2022, from $9M to $8M. Reported net income was -$760K.
How have Local 360 401(k) and Severance Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 360 401(k) and Severance Plan's sponsor-wide assets grew 45.4%, from $8M to $12M.
Which Money Purchase plans are similar in size to Local 360 401(k) and Severance Plan?
Among Money Purchase plans in other states, the closest by assets is Facility Solutions Group, Inc Davis-Bacon Pension Plan & Trust in TX ($8M, 513 participants).

Next read for Local 360 401(k) and Severance Plan

Multi-year trail

Ways to act on Local 360 401(k) and Severance Plan's numbers.

  • By total assets, Local 360 401(k) and Severance Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Local 360 401(k) and Severance Plan's sponsor-wide assets have grown 45.4% since 2022 across 3 plan years on file. More Retail Trade plans