Defined Benefit (Pension) · DOL Form 5500 · 2022

Local 68 Engineers Union Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$414M
Total assets Above avg plan size
2,293
Participants Above avg headcount
98th
Percentile by assets National rank
$180,747
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#4,885
in Administrative & Support Services (4,927 peers)
+1.3%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Local 68 Engineers Union Pension Plan's outsized position by total assets

Local 68 Engineers Union Pension Plan vs every filed plan by assets

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

$414,453,413 Top 2% higher than 98% 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

Local 68 Engineers Union Pension Plan'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. Local 68 Engineers Union Pension Plan lands in the large band (2,293 participants).

Published 5500 schedule card

Filing strip 510176618 · Local 68 Engineers Union Pension Fund Board of Trustees PY 2022 · Defined Benefit (Pension)

Local 68 Engineers Union Pension Plan · $414M · 2,293 · 98th

  • BOY $414M
  • SCH 2,293
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near Ims Health Incorporated Retirement Plan
  • NET ind #4885

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 Administrative & Support Services retirement plans → · Plans in New Jersey →

Local 68 Engineers Union Pension Plan in the asset neighbourhood

Westlake Defined Benefit Plan$415MAshland Hercules Pension Plan IIAshland Hercules Pension Pla…$415MLocal 68 Engineers Union Pension PlanLocal 68 Engineers Union Pen…$414MIms Health Incorporated Retirement PlanIms Health Incorporated Reti…$414MNysut Employees Retirement PlanNysut Employees Retirement P…$414M
End-of-year total assets ($M) among Local 68 Engineers Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$409M
Net Assets (End of Year)$414M
Net Income$5M
Employer EIN510176618
Plan Effective Date1956-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 68 Engineers Union Pension Fund Board of Trustees)

Sponsor-wide plan assets over time

All Local 68 Engineers Union Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$462M 11.444996834903613% vs 2022
2024 filing year
$400M$420M$440M$460M$480M 202220232024 $414M $462M ▲ +11.4%
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 Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Local 68 Engineers Union Pension Plan, Total assets ($B): 0.414453413 · Participants: 2293Local 68 Engineers Union Pension PlanRetirement 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
Local 68 Engineers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local 68 Engineers Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Ims Health Incorporated Retirement Plan in CT ($414M); by covered participants it is Olin Corporation Employees Pension Plan in MO (2,293 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($414M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,293 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 Local 68 Engineers Union Pension Plan assets move in 2022? ▼
Local 68 Engineers Union Pension Plan edged up modestly - up 1.3% during 2022, from $409M to $414M. Reported net income was $5M.
How have Local 68 Engineers Union Pension Fund Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 68 Engineers Union Pension Fund Board of Trustees's sponsor-wide assets grew 11.4%, from $414M to $462M.
Where does Local 68 Engineers Union Pension Plan rank by assets among Form 5500 filers? ▼
Local 68 Engineers Union Pension Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local 68 Engineers Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ims Health Incorporated Retirement Plan in CT ($414M, 1,471 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 68 Engineers Union Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Olin Corporation Employees Pension Plan in MO (2,293 participants, $1.8B in assets).