Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund Pension Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
7,170
Participants Above avg headcount
99th
Percentile by assets National rank
$229,105
Avg per participant Above avg balance/head
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Official DOL plan name: Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · Sponsored by Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund · New Jersey · Construction

$1.6B in assets, 7,170 participants

Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported $1.6B in total assets and 7,170 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,963 in Construction (9,030 peers)

Coverage in New Jersey

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund covers 7,170 participants in New Jersey, 8.5x the typical New Jersey plan (state average ~844 per filing). Assets: $1.6B.

#8,963
in Construction (9,030 peers)
+18.7%
assets growth YoY
16×
vs typical plan assets (national mean)

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's outsized position by total assets

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs every filed plan by assets

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

$1,642,683,528 Top 1% higher than 99% 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

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund'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. Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund lands in the large band (7,170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported net income rose from -$8M in the plan year 2022 filing to $242M in the plan year 2023 filing.
  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported participants rose from 7,124 in the plan year 2022 filing to 7,170 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 226032103 · Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund PY 2023 · Defined Benefit (Pension)

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · $1.6B · 7,170 · 99th

  • PCT $1.6B
  • PCT 7,170
  • PCT 99th
  • PCT Defined Benefit (Pension)
  • PCT near The Tjx Companies, Inc Retirement Plan
  • PCT ind #8963

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 →

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund in the asset neighbourhood

The Retirement Income Plan of Keyspan CorporationThe Retirement Income Plan o…$1.6BHeavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension FundHeavy and General Laborers' …$1.6BThe Tjx Companies, Inc Retirement PlanThe Tjx Companies, Inc Retir…$1.6BBoehringer Ingelheim USA Corporation & Its Affiliates Retirement PlanBoehringer Ingelheim USA Cor…$1.6BJefferson Defined Benefit PlanJefferson Defined Benefit Pl…$1.6B
End-of-year total assets ($B) among Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.6B
Net Income$242M
Employer EIN226032103
Plan Effective Date1953-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 28.27349744727178% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.38B $1.77B ▲ +28.3%
Year Plans Participants Total Assets
2022 1 7,124 $1.4B
2023 1 7,170 $1.6B
2024 1 7,491 $1.8B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund, Total assets ($B): 1.642683528 · Participants: 7170Heavy and General Laborers' Local Unions 472 and 172 of New Jersey 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
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund side-by-side with 3 peers →

Scale composition for Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reports $1.6B in end-of-year assets across 7,170 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $229,105 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2023 was $242M.

This plan identity (EIN 226032103, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.8B (+28.3%) while covered participants moved from 7,124 to 7,491 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,124 $1.4B Open filing
2023 7,170 $1.6B This page
2024 · index core 7,491 $1.8B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey 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 The Tjx Companies, Inc Retirement Plan in MA ($1.6B); by covered participants it is Ufcw Union Local No. 655, Food Employer's Joint Pe in MO (7,157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,170 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 Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund assets move in 2023? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund grew sharply - up 18.7% during 2023, from $1.4B to $1.6B. Reported net income was $242M.
How have Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's sponsor-wide assets grew 28.3%, from $1.4B to $1.8B.
Where does Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund rank by assets among Form 5500 filers? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Tjx Companies, Inc Retirement Plan in MA ($1.6B, 10,130 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw Union Local No. 655, Food Employer's Joint Pe in MO (7,157 participants, $765M 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 226032103.

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.