Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund Pension Plan
Data updated 2026-08-11
- $1.4B
- Total assets
- 7,124
- Participants
- 99th
- Percentile by assets
- $194,189
- Avg per participant
Official DOL plan name: Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · Sponsored by Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund · New Jersey · Construction
$1.4B in assets, 7,124 participants
Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported $1.4B in total assets and 7,124 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #9,854 in Construction (9,927 peers)
Coverage in New Jersey
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund covers 7,124 participants in New Jersey, 8.4x the typical New Jersey plan (state average ~844 per filing). Assets: $1.4B.
- $1.4B
- total plan assets (2022 EOY)
- 7,124
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $194,189
- avg assets per participant
The plan reported a net loss of $8M 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. Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reports 7,124 participants - 8.4x that state average ($1.4B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | -$8M |
| Employer EIN | 226032103 |
| Plan Effective Date | 1953-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,124 | $1.4B |
| 2023 | 1 | 7,170 | $1.6B |
| 2024 | 1 | 7,491 | $1.8B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund 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
Scale composition for Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reports $1.4B in end-of-year assets across 7,124 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $194,189 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$8M.
This plan identity (EIN 226032103, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.8B (+28.3%) while covered participants moved from 7,124 to 7,491 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,124 | $1.4B | This page |
| 2023 | 7,170 | $1.6B | Open filing |
| 2024 · index core | 7,491 | $1.8B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund (Defined Benefit (Pension), $1.8B, 7,491 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund by total assets, not by location.
- Xerox Corporation Retirement Income Guarantee Plan (CT) $1.4B · 3,466
- The Guardian Home Office Employees' Retirement Pla (NY) $1.4B · 3,422
- Zurich American Insurance Company Retirement Account Plan (IL) $1.4B · 6,468
- Laborers National Pension Fund (TX) $1.4B · 10,753
Frequently Asked Questions
How did Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund assets move in 2022? ▼
How have Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plan assets changed over time? ▼
Where does Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Next read for Heavy and General Laborers' Local Unions…
Filing takeaways
Ways to act on Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's numbers.
- By total assets, Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's sponsor-wide assets have grown 28.3% since 2022 across 3 plan years on file. More Construction plans