Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Local 888 Pension Fund Pension Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
48
Participants Small participant base
86th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Local 888 Pension Fund · Sponsored by Board of Trustees Local 888 Pension Fund · New Jersey · Manufacturing

$50M in assets, 48 participants

Board of Trustees Local 888 Pension Fund's Local 888 Pension Fund reported $50M in total assets and 48 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,820 in Manufacturing (18,722 peers)

Where Local 888 Pension Fund sits by assets

Local 888 Pension Fund sits in the top quartile of all filed plans by assets, $50M for 48 participants (~$1.1M/participant), down 15.3% in 2023.

#14,820
in Manufacturing (18,722 peers)
-15.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local 888 Pension Fund's outsized position by total assets

Local 888 Pension Fund vs every filed plan by assets

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

$50,427,215 Top 14% higher than 86% 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 888 Pension Fund 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 888 Pension Fund is a small filing (48 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 888 Pension Fund reported net income rose from -$13M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Local 888 Pension Fund end-of-year assets fell from $60M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Local 888 Pension Fund reported participants rose from 42 in the plan year 2022 filing to 48 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 136367793 · Board of Trustees Local 888 Pension Fund PY 2023 · Defined Benefit (Pension)

Local 888 Pension Fund · $50M · 48 · 86th

  • EOY $50M
  • EOY 48
  • EOY 86th
  • EOY Defined Benefit (Pension)
  • EOY near Walton Electric Membership Corporation Pension Plan
  • EOY ind #14820

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 Manufacturing retirement plans → · Plans in New Jersey →

Local 888 Pension Fund in the asset neighbourhood

Pension Plan for Employees of Sm Energy CompanyPension Plan for Employees o…$51MAmerican Radio Association Pension PlanAmerican Radio Association P…$50MRetirement Income Plan for Employees of the Clearing House Payments Company L.L.C.Retirement Income Plan for E…$50MWalton Electric Membership Corporation Pension PlanWalton Electric Membership C…$50MLocal 888 Pension Fund$50M
End-of-year total assets ($M) among Local 888 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$50M
Net Income-$9M
Employer EIN136367793
Plan Effective Date1961-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 888 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Local 888 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$46M 22.22103178123604% vs 2022
2024 filing year
$40M$45M$50M$55M$60M$65M 202220232024 $59.5M $46.3M ▼ -22.2%
Year Plans Participants Total Assets
2022 1 42 $60M
2023 1 48 $50M
2024 1 41 $46M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 888 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local 888 Pension Fund, Total assets ($B): 0.050427215 · Participants: 48Local 888 Pension FundRetirement 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 888 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Local 888 Pension Fund side-by-side with 3 peers →

Local 888 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Walton Electric Membership Corporation Pension Plan in GA ($50M); by covered participants it is Employees' Retirement Plan of the Kensico Cemetery in NY (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 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 Local 888 Pension Fund assets move in 2023? ▼
Local 888 Pension Fund declined sharply - down 15.3% during 2023, from $60M to $50M. Reported net income was -$9M.
How have Board of Trustees Local 888 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Local 888 Pension Fund's sponsor-wide assets declined 22.2%, from $60M to $46M.
Where does Local 888 Pension Fund rank by assets among Form 5500 filers? ▼
Local 888 Pension Fund ranks in the 86th 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 Local 888 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Walton Electric Membership Corporation Pension Plan in GA ($50M, 142 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 888 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of the Kensico Cemetery in NY (48 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 136367793.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.