Defined Benefit (Pension) · DOL Form 5500 · 2023
Joint Pension Fund of Local Union No 102 IBEW Board of Trustees Pension Plan
Data updated 2026-08-25
- $672M
- Total assets Above avg plan size
- 2,013
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $333,643
- Avg per participant High balance/head
Official DOL plan name: Joint Pension Fund of Local Union No 102 · Sponsored by Joint Pension Fund of Local Union No 102 IBEW Board of Trustees · New Jersey · Construction
$672M in assets, 2,013 participants
Joint Pension Fund of Local Union No 102 IBEW Board of Trustees's Joint Pension Fund of Local Union No 102 reported $672M in total assets and 2,013 participants in its 2023 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.
- #8,848 in Construction (9,030 peers)
Coverage in New Jersey
Joint Pension Fund of Local Union No 102 covers 2,013 participants in New Jersey, 2.4x the typical New Jersey plan (state average ~844 per filing). Assets: $672M.
- #8,848
- in Construction (9,030 peers)
- +10.5%
- assets growth YoY
- 6.7×
- vs typical plan assets (national mean)
Joint Pension Fund of Local Union No 102's outsized position by total assets
Joint Pension Fund of Local Union No 102 vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$671,623,368 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Joint Pension Fund of Local Union No 102's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Joint Pension Fund of Local Union No 102 lands in the large band (2,013 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Joint Pension Fund of Local Union No 102 reported net income rose from -$93M in the plan year 2022 filing to $64M in the plan year 2023 filing.
- Joint Pension Fund of Local Union No 102 reported participants rose from 1,725 in the plan year 2022 filing to 2,013 in the plan year 2023 filing.
- Joint Pension Fund of Local Union No 102 end-of-year assets rose from $608M in the plan year 2022 filing to $672M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 221615726 · Joint Pension Fund of Local Union No 102 IBEW Board of Trustees PY 2023 · Defined Benefit (Pension)
Joint Pension Fund of Local Union No 102 · $672M · 2,013 · 98th
- VS-ST $672M
- BOY 2,013
- SCH 98th
- EBSA Defined Benefit (Pension)
- PART near Iron Workers Locals 40, 361 & 417 Pension Fund
- TYPE ind #8848
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 →
Joint Pension Fund of Local Union No 102 in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $608M |
|---|---|
| Net Assets (End of Year) | $671M |
| Net Income | $64M |
| Employer EIN | 221615726 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Pension Fund of Local Union No 102 IBEW Board of Trustees)
Sponsor-wide plan assets over time
All Joint Pension Fund of Local Union No 102 IBEW Board of Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $718M 18.19477133569362% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,725 | $608M |
| 2023 | 1 | 2,013 | $672M |
| 2024 | 1 | 2,040 | $718M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Joint Pension Fund of Local Union No 102's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Iron Workers Locals 40, 361 & 417 Pension Fund in NY ($672M); by covered participants it is Blue Cross and Blue Shield of Alabama Retirement Plan in AL (2,014 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($672M here).
- Iron Workers Locals 40, 361 & 417 Pension Fund (NY) $672M · 2,181
- Pavers & Road Builders DC Pension Fund (NY) $673M · 2,066
- Cement and Concrete Workers DC Pension Fund (NY) $674M · 997
- Blue Cross Blue Shield of Michigan Represented Employees' Retirement Income Plan (MI) $669M · 1,499
Similar participant headcount
Nearest other-state filings by covered participants (2,013 participants); asset peers above are excluded.
- Blue Cross and Blue Shield of Alabama Retirement Plan (AL) 2,014 · 1 off
- Keysight Technologies, Inc. Retirement Plan (CA) 2,012 · 1 off
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan (SC) 2,016 · 3 off
- Precision Castparts Corp. Retirement Plan (OR) 2,018 · 5 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.