Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Local 734 Pension Fund Pension Plan

Data updated 2026-08-11

$55M
Total assets
31
Participants
89th
Percentile by assets
$1.8M
Avg per participant
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Official DOL plan name: Local 734 Pension Fund · Sponsored by Board of Trustees Local 734 Pension Fund · New Jersey · Construction

$55M in assets, 31 participants

Board of Trustees Local 734 Pension Fund's Local 734 Pension Fund reported $55M in total assets and 31 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #8,646 in Construction (9,927 peers)

Where Local 734 Pension Fund sits by assets

Local 734 Pension Fund sits in the top quartile of all filed plans by assets, $55M for 31 participants (~$1.8M/participant), down 7.6% in 2022.

$55M
total plan assets (2022 EOY)
31
covered participants
89th
percentile by assets (of 139,126 plans)
$1.8M
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Local 734 Pension Fund sits by total assets

Local 734 Pension Fund vs every filed plan by assets

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

$55,079,597 Top 11% higher than 89% 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
Industry

Local 734 Pension Fund vs the 2022 asset distribution

By assets, Local 734 Pension Fund outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$52M
Net Income-$4M
Employer EIN226174132
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 734 Pension Fund)

$48M$50M$52M$54M$56M 202220232024 $55.1M $50.4M ▼ -8.6%
Total plan assets by year, all Board of Trustees Local 734 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 31 $55M
2023 1 31 $55M
2024 1 30 $50M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 734 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Local 734 Pension Fund, Total assets ($B): 0.055079597 · Participants: 31Local 734 Pension FundRetirement 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…
Local 734 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 734 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Local 734 Pension Fund assets move in 2022?
Local 734 Pension Fund pulled back noticeably - down 7.6% during 2022, from $60M to $55M. Reported net income was -$4M.
How have Board of Trustees Local 734 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local 734 Pension Fund's sponsor-wide assets declined 8.6%, from $55M to $50M.
Where does Local 734 Pension Fund rank by assets among Form 5500 filers?
Local 734 Pension Fund ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local 734 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pasadena Refining System, Inc. Retirement Plan in TX ($55M, 135 participants).

Scale reading

Ways to act on Local 734 Pension Fund's numbers.

  • By total assets, Local 734 Pension Fund ranks in the top quartile 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 Local 734 Pension Fund's sponsor-wide assets have declined 8.6% since 2022 across 3 plan years on file. More Construction plans