Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund Pension Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
7,124
Participants Above avg headcount
99th
Percentile by assets National rank
$194,189
Avg per participant Above avg balance/head
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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.

  • #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.

#9,854
in Construction (9,927 peers)
-0.6%
assets change YoY
14×
vs typical plan assets (national mean)

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.

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's outsized position by total assets

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs every filed plan by assets

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

$1,383,401,285 Top 1% higher than 99% 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

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund'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. Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund lands in the large band (7,124 participants).

EBSA filing schedule strip

Filing strip 226032103 · Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund PY 2022 · Defined Benefit (Pension)

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · $1.4B · 7,124 · 99th

  • TYPE $1.4B
  • TYPE 7,124
  • TYPE 99th
  • TYPE Defined Benefit (Pension)
  • TYPE near Xerox Corporation Retirement Income Guarantee Plan
  • TYPE ind #9854

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 →

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund in the asset neighbourhood

Laborers National Pension FundLaborers National Pension Fu…$1.4BHeavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension FundHeavy and General Laborers' …$1.4BXerox Corporation Retirement Income Guarantee PlanXerox Corporation Retirement…$1.4BThe Guardian Home Office Employees' Retirement PlaThe Guardian Home Office Emp…$1.4BZurich American Insurance Company Retirement Account PlanZurich American Insurance Co…$1.4B
End-of-year total assets ($B) among Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.4B
Net Income-$8M
Employer EIN226032103
Plan Effective Date1953-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 28.27349744727178% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.38B $1.77B ▲ +28.3%
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 Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund, Total assets ($B): 1.383401285 · Participants: 7124Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension FundRetirement 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
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
Compare Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund side-by-side with 3 peers →

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's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Xerox Corporation Retirement Income Guarantee Plan in CT ($1.4B); by covered participants it is Rpm International Inc. Retirement Plan in OH (7,111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,124 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 Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund assets move in 2022? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund held essentially flat - down 0.6% during 2022, from $1.4B to $1.4B. Reported net income was -$8M.
How have Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's sponsor-wide assets grew 28.3%, from $1.4B to $1.8B.
Where does Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund rank by assets among Form 5500 filers? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Xerox Corporation Retirement Income Guarantee Plan in CT ($1.4B, 3,466 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rpm International Inc. Retirement Plan in OH (7,111 participants, $668M in assets).

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 226032103.

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.