Defined Benefit (Pension) · DOL Form 5500 · 2022
Local 68 Engineers Union Pension Fund Board of Trustees Pension Plan
Data updated 2026-08-11
- $414M
- Total assets
- 2,293
- Participants
- 98th
- Percentile by assets
- $180,747
- Avg per participant
Official DOL plan name: Local 68 Engineers Union Pension Plan · Sponsored by Local 68 Engineers Union Pension Fund Board of Trustees · New Jersey · Administrative & Support Services
$414M in assets, 2,293 participants
Local 68 Engineers Union Pension Fund Board of Trustees's Local 68 Engineers Union Pension Plan reported $414M in total assets and 2,293 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #4,885 in Administrative & Support Services (4,927 peers)
Coverage in New Jersey
Local 68 Engineers Union Pension Plan covers 2,293 participants in New Jersey, 2.7x the typical New Jersey plan (state average ~844 per filing). Assets: $414M.
- $414M
- total plan assets (2022 EOY)
- 2,293
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $180,747
- avg assets per participant
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Local 68 Engineers Union Pension Plan reports 2,293 participants - 2.7x that state average ($414M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $409M |
|---|---|
| Net Assets (End of Year) | $414M |
| Net Income | $5M |
| Employer EIN | 510176618 |
| Plan Effective Date | 1956-01-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local 68 Engineers Union Pension Fund Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,293 | $414M |
| 2023 | 1 | 2,310 | $436M |
| 2024 | 1 | 2,298 | $462M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 68 Engineers Union Pension Plan 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 68 Engineers Union Pension Plan by total assets, not by location.
- Ims Health Incorporated Retirement Plan (CT) $414M · 1,471
- Nysut Employees Retirement Plan (NY) $414M · 386
- Ashland Hercules Pension Plan II (KY) $415M · 285
- Westlake Defined Benefit Plan (TX) $415M · 1,205
Frequently Asked Questions
How did Local 68 Engineers Union Pension Plan assets move in 2022? ▼
How have Local 68 Engineers Union Pension Fund Board of Trustees plan assets changed over time? ▼
Where does Local 68 Engineers Union Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Local 68 Engineers Union Pension Plan
Filing takeaways
Ways to act on Local 68 Engineers Union Pension Plan's numbers.
- By total assets, Local 68 Engineers Union Pension Plan ranks in the top 5% 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
- Local 68 Engineers Union Pension Fund Board of Trustees's sponsor-wide assets have grown 11.4% since 2022 across 3 plan years on file. More Administrative & Support Services plans