Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Local 259 Pensi Pension Fund Pension Plan

Data updated 2026-08-25

$133M
Total assets Near avg plan size
950
Participants Near avg headcount
93rd
Percentile by assets National rank
$140,095
Avg per participant Near avg balance/head
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Official DOL plan name: The Local 259 Pension Fund · Sponsored by Board of Trustees of the Local 259 Pensi Pension Fund · New Jersey · Retail Trade

$133M in assets, 950 participants

Board of Trustees of the Local 259 Pensi Pension Fund's The Local 259 Pension Fund reported $133M in total assets and 950 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,077 in Retail Trade (8,414 peers)

Where The Local 259 Pension Fund sits by assets

The Local 259 Pension Fund sits in the top 10% of all filed plans by assets, $133M for 950 participants (~$140,095/participant), up 7.2% in 2023.

#8,077
in Retail Trade (8,414 peers)
+7.2%
assets growth YoY
1.3×
vs typical plan assets (national mean)

The Local 259 Pension Fund's outsized position by total assets

The Local 259 Pension Fund vs every filed plan by assets

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

$133,090,613 Top 7% higher than 93% 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

The Local 259 Pension Fund 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. The Local 259 Pension Fund sits mid-pack in the medium band (950 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Local 259 Pension Fund reported net income rose from -$21M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • The Local 259 Pension Fund end-of-year assets rose from $124M in the plan year 2022 filing to $133M in the plan year 2023 filing.
  • The Local 259 Pension Fund reported participants fell from 997 in the plan year 2022 filing to 950 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 136115077 · Board of Trustees of the Local 259 Pensi Pension Fund PY 2023 · Defined Benefit (Pension)

The Local 259 Pension Fund · $133M · 950 · 93rd

  • PCT $133M
  • EIN 950
  • RANK 93rd
  • PHOTO Defined Benefit (Pension)
  • IND near Sps Technologies, LLC Retirement Income Plan
  • EOY ind #8077

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 Retail Trade retirement plans → · Plans in New Jersey →

The Local 259 Pension Fund in the asset neighbourhood

Navistar, Inc. Hourly Employees Pension Plan No. 2Navistar, Inc. Hourly Employ…$133MSouth Florida Electrical Workers Pension PlanSouth Florida Electrical Wor…$133MGate Gourmet, Inc. Defined Benefit Pension PlanGate Gourmet, Inc. Defined B…$133MSps Technologies, LLC Retirement Income PlanSps Technologies, LLC Retire…$133MThe Local 259 Pension Fund$133M
End-of-year total assets ($M) among The Local 259 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)$124M
Net Assets (End of Year)$133M
Net Income$9M
Employer EIN136115077
Plan Effective Date1954-02-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of the Local 259 Pensi Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of the Local 259 Pensi Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$142M 14.206833379591075% vs 2022
2024 filing year
$120M$130M$140M$150M 202220232024 $124M $142M ▲ +14.2%
Year Plans Participants Total Assets
2022 1 997 $124M
2023 1 950 $133M
2024 1 917 $142M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

The Local 259 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants The Local 259 Pension Fund, Total assets ($B): 0.133090613 · Participants: 950The Local 259 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
The Local 259 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Local 259 Pension Fund side-by-side with 3 peers →

The Local 259 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 Sps Technologies, LLC Retirement Income Plan in PA ($133M); by covered participants it is The Nielsen Company Retirement Plan in NY (949 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (950 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 The Local 259 Pension Fund assets move in 2023? ▼
The Local 259 Pension Fund grew at a solid clip - up 7.2% during 2023, from $124M to $133M. Reported net income was $9M.
How have Board of Trustees of the Local 259 Pensi Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of the Local 259 Pensi Pension Fund's sponsor-wide assets grew 14.2%, from $124M to $142M.
Where does The Local 259 Pension Fund rank by assets among Form 5500 filers? ▼
The Local 259 Pension Fund ranks in the 93rd 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 The Local 259 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sps Technologies, LLC Retirement Income Plan in PA ($133M, 619 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Local 259 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Nielsen Company Retirement Plan in NY (949 participants, $259M 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 136115077.

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.