Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Ila Local 1478-2 Pension Fund Pension Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
589
Participants Below avg headcount
88th
Percentile by assets National rank
$117,367
Avg per participant Below avg balance/head
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Official DOL plan name: Ila Local 1478-2 Pension Plan · Sponsored by Board of Trustees Ila Local 1478-2 Pension Fund · New Jersey · Transportation & Warehousing

$69M in assets, 589 participants

Board of Trustees Ila Local 1478-2 Pension Fund's Ila Local 1478-2 Pension Plan reported $69M in total assets and 589 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #2,907 in Transportation & Warehousing (3,362 peers)

Where Ila Local 1478-2 Pension Plan sits by assets

Ila Local 1478-2 Pension Plan sits in the top quartile of all filed plans by assets, $69M for 589 participants (~$117,367/participant), up 18.3% in 2023.

#2,907
in Transportation & Warehousing (3,362 peers)
+18.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Ila Local 1478-2 Pension Plan's outsized position by total assets

Ila Local 1478-2 Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$69,129,380 Top 12% higher than 88% of 127,068 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 2023

Ila Local 1478-2 Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ila Local 1478-2 Pension Plan sits mid-pack in the medium band (589 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ila Local 1478-2 Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Ila Local 1478-2 Pension Plan end-of-year assets rose from $58M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Ila Local 1478-2 Pension Plan reported participants fell from 632 in the plan year 2022 filing to 589 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222318984 · Board of Trustees Ila Local 1478-2 Pension Fund PY 2023 · Defined Benefit (Pension)

Ila Local 1478-2 Pension Plan · $69M · 589 · 88th

  • TYPE $69M
  • TYPE 589
  • TYPE 88th
  • TYPE Defined Benefit (Pension)
  • TYPE near U.S. Silica Company Retirement Plan
  • TYPE ind #2907

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 Transportation & Warehousing retirement plans → · Plans in New Jersey →

Ila Local 1478-2 Pension Plan in the asset neighbourhood

Stone and Marble Masons of Metropolitan Washington D.C. Pension FundStone and Marble Masons of M…$69MLocal 210's Pension Plan$69MIla Local 1478-2 Pension Plan$69MU.S. Silica Company Retirement PlanU.S. Silica Company Retireme…$69MThe Interpublic Retirement Account PlanThe Interpublic Retirement A…$69M
End-of-year total assets ($M) among Ila Local 1478-2 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$69M
Net Income$11M
Employer EIN222318984
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ila Local 1478-2 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Ila Local 1478-2 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$79M 34.8049859638479% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $58.4M $78.8M ▲ +34.8%
Year Plans Participants Total Assets
2022 1 632 $58M
2023 1 589 $69M
2024 1 563 $79M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Ila Local 1478-2 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Ila Local 1478-2 Pension Plan, Total assets ($B): 0.06912938 · Participants: 589Ila Local 1478-2 Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Ila Local 1478-2 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Ila Local 1478-2 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 U.S. Silica Company Retirement Plan in TX ($69M); by covered participants it is Ziply Fiber Pension Plan in WA (589 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (589 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ila Local 1478-2 Pension Plan assets move in 2023?
Ila Local 1478-2 Pension Plan grew sharply - up 18.3% during 2023, from $58M to $69M. Reported net income was $11M.
How have Board of Trustees Ila Local 1478-2 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Ila Local 1478-2 Pension Fund's sponsor-wide assets grew 34.8%, from $58M to $79M.
Where does Ila Local 1478-2 Pension Plan rank by assets among Form 5500 filers?
Ila Local 1478-2 Pension Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ila Local 1478-2 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is U.S. Silica Company Retirement Plan in TX ($69M, 193 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ila Local 1478-2 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ziply Fiber Pension Plan in WA (589 participants, $121M in assets).