Defined Benefit (Pension) · DOL Form 5500 · 2023

Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
N/A
Participants Small participant base
74th
Percentile by assets National rank
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Official DOL plan name: Employer Local No. 375 Pension Plan · Sponsored by Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant · New Jersey · Manufacturing

$21M in assets, N/A participants

Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant's Employer Local No. 375 Pension Plan reported $21M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,000 in Manufacturing (18,722 peers)

What the 2023 filing shows

Employer Local No. 375 Pension Plan holds $21M for N/A participants, above the median plan by assets.

#12,000
in Manufacturing (18,722 peers)
-3.2%
assets change YoY

The plan reported a net loss of $696K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Employer Local No. 375 Pension Plan's outsized position by total assets

Employer Local No. 375 Pension Plan vs every filed plan by assets

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

$21,478,272 Top 26% higher than 74% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employer Local No. 375 Pension Plan reported net income rose from -$1M in the plan year 2022 filing to -$696K in the plan year 2023 filing.
  • Employer Local No. 375 Pension Plan end-of-year assets fell from $22M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 236542743 · Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant PY 2023 · Defined Benefit (Pension)

Employer Local No. 375 Pension Plan · $21M · N/A · 74th

  • PHOTO $21M
  • PHOTO N/A
  • PHOTO 74th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Hebrew Home for the Aged at Riverdale Retirement Income Plan
  • PHOTO ind #12000

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 →

Employer Local No. 375 Pension Plan in the asset neighbourhood

Satco Products, Inc. Defined Benefit PlanSatco Products, Inc. Defined…$22MHebrew Home for the Aged at Riverdale Retirement Income PlanHebrew Home for the Aged at …$22MEmployer Local No. 375 Pension PlanEmployer Local No. 375 Pensi…$21MBricklayers Local No. 1 of Ky. Pension Trust FundBricklayers Local No. 1 of K…$21MAmherst College Staff Retirement PlanAmherst College Staff Retire…$21M
End-of-year total assets ($M) among Employer Local No. 375 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$21M
Net Income-$696K
Employer EIN236542743
Plan Effective Date1956-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant)

Sponsor-wide plan assets over time

All Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant plans reported in each filing year

Latest sponsor-wide plan assets
$21M 4.150043891070793% vs 2022
2024 filing year
$21M$21.5M$22M$22.5M 202220232024 $22.2M $21.3M ▼ -4.1%
Year Plans Participants Total Assets
2022 1 N/A $22M
2023 1 N/A $21M
2024 1 N/A $21M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Employer Local No. 375 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Employer Local No. 375 Pension Plan, Total assets ($B): 0.021478272 · Participants: 0Employer Local No. 375 Pension 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
Employer Local No. 375 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Employer Local No. 375 Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New Jersey, the nearest Defined Benefit (Pension) by end-of-year assets is Hebrew Home for the Aged at Riverdale Retirement Income Plan in NY at $22M (this filing: $21M).

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 Employer Local No. 375 Pension Plan assets move in 2023?
Employer Local No. 375 Pension Plan edged down modestly - down 3.2% during 2023, from $22M to $21M. Reported net income was -$696K.
How have Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant plan assets changed over time?
Across 3 plan years on file (2022-2024), Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant's sponsor-wide assets declined 4.2%, from $22M to $21M.
Which Defined Benefit (Pension) plans are similar in size to Employer Local No. 375 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hebrew Home for the Aged at Riverdale Retirement Income Plan in NY ($22M, 54 participants).