Defined Benefit (Pension) · DOL Form 5500 · 2023

Local 147 Construction Workers Retirement Plan Pension Plan

Data updated 2026-08-25

$172M
Total assets Near avg plan size
65
Participants Small participant base
94th
Percentile by assets National rank
$2.7M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Local 147 Construction Workers Retirement Plan · Sponsored by Local 147 Construction Workers Retirement Plan · New Jersey · Construction

$172M in assets, 65 participants

Local 147 Construction Workers Retirement Plan's Local 147 Construction Workers Retirement Plan reported $172M in total assets and 65 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,389 in Construction (9,030 peers)

Where Local 147 Construction Workers Retirement Plan sits by assets

Local 147 Construction Workers Retirement Plan sits in the top 10% of all filed plans by assets, $172M for 65 participants (~$2.7M/participant), up 6.1% in 2023.

#8,389
in Construction (9,030 peers)
+6.1%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Local 147 Construction Workers Retirement Plan's outsized position by total assets

Local 147 Construction Workers Retirement Plan vs every filed plan by assets

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

$172,296,797 Top 6% higher than 94% 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

Local 147 Construction Workers Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 147 Construction Workers Retirement Plan is a small filing (65 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 147 Construction Workers Retirement Plan reported participants rose from 17 in the plan year 2022 filing to 65 in the plan year 2023 filing.
  • Local 147 Construction Workers Retirement Plan reported net income rose from -$29M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Local 147 Construction Workers Retirement Plan end-of-year assets rose from $162M in the plan year 2022 filing to $172M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 136528181 · Local 147 Construction Workers Retirement Plan PY 2023 · Defined Benefit (Pension)

Local 147 Construction Workers Retirement Plan · $172M · 65 · 94th

  • EOY $172M
  • 5500 65
  • ASSETS 94th
  • PCT Defined Benefit (Pension)
  • EIN near Dimensions Health Corporation Pension Plan B
  • RANK ind #8389

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 →

Local 147 Construction Workers Retirement Plan in the asset neighbourhood

Dimensions Health Corporation Pension Plan BDimensions Health Corporatio…$172MLocal 147 Construction Workers Retirement PlanLocal 147 Construction Worke…$172MIron Workers District Council of Western New York and Vicinity Pension PlanIron Workers District Counci…$172MTeledyne Technologies Incorporated Pension Plan for Defined Active ParticipantsTeledyne Technologies Incorp…$172MBethesda Retirement Plan$172M
End-of-year total assets ($M) among Local 147 Construction Workers Retirement 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)$162M
Net Assets (End of Year)$172M
Net Income$9M
Employer EIN136528181
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 147 Construction Workers Retirement Plan)

Sponsor-wide plan assets over time

All Local 147 Construction Workers Retirement Plan plans reported in each filing year

Latest sponsor-wide plan assets
$180M 10.902490118771995% vs 2022
2024 filing year
$160M$170M$180M$190M 202220232024 $162M $180M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 17 $162M
2023 1 65 $172M
2024 1 89 $180M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 147 Construction Workers Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local 147 Construction Workers Retirement Plan, Total assets ($B): 0.172296797 · Participants: 65Local 147 Construction Workers Retirement 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
Local 147 Construction Workers Retirement Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local 147 Construction Workers Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Dimensions Health Corporation Pension Plan B in MD ($172M); by covered participants it is T. W. Garner Food Company Employees' Pension Plan in NC (65 participants). Same-state nearby plans are listed separately above.

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 Local 147 Construction Workers Retirement Plan assets move in 2023?
Local 147 Construction Workers Retirement Plan grew at a solid clip - up 6.1% during 2023, from $162M to $172M. Reported net income was $9M.
How have Local 147 Construction Workers Retirement Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 147 Construction Workers Retirement Plan's sponsor-wide assets grew 10.9%, from $162M to $180M.
Where does Local 147 Construction Workers Retirement Plan rank by assets among Form 5500 filers?
Local 147 Construction Workers Retirement Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Local 147 Construction Workers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Dimensions Health Corporation Pension Plan B in MD ($172M, 296 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 147 Construction Workers Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is T. W. Garner Food Company Employees' Pension Plan in NC (65 participants, $22M in assets).