Defined Benefit (Pension) · DOL Form 5500 · 2023

Local 68 Engineers Union Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$436M
Total assets Above avg plan size: 2,310
Participants Above avg headcount: 97th
Percentile by assets National rank: $188,915
Avg per participant Above avg balance/head

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Official DOL plan name: Local 68 Engineers Union Pension Plan · Sponsored by Local 68 Engineers Union Pension Fund Board of Trustees · New Jersey · Administrative & Support Services

$436M in assets, 2,310 participants

Local 68 Engineers Union Pension Fund Board of Trustees's Local 68 Engineers Union Pension Plan reported $436M in total assets and 2,310 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

#4,321 in Administrative & Support Services (4,372 peers)

Coverage in New Jersey

Local 68 Engineers Union Pension Plan covers 2,310 participants in New Jersey, 2.7x the typical New Jersey plan (state average ~844 per filing). Assets: $436M.

#4,321
in Administrative & Support Services (4,372 peers): +5.3%
assets growth YoY: 4.4×
vs typical plan assets (national mean)

Local 68 Engineers Union Pension Plan's outsized position by total assets

Local 68 Engineers Union Pension Plan vs every filed plan by assets

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

$436,392,717 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Local 68 Engineers Union Pension Plan'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. Local 68 Engineers Union Pension Plan lands in the large band (2,310 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Local 68 Engineers Union Pension Plan reported net income rose from $5M in the plan year 2022 filing to $22M in the plan year 2023 filing.
Local 68 Engineers Union Pension Plan end-of-year assets rose from $414M in the plan year 2022 filing to $436M in the plan year 2023 filing.
Local 68 Engineers Union Pension Plan reported participants rose from 2,293 in the plan year 2022 filing to 2,310 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 510176618 · Local 68 Engineers Union Pension Fund Board of Trustees PY 2023 · Defined Benefit (Pension)

Local 68 Engineers Union Pension Plan · $436M · 2,310 · 97th

PCT $436M
PCT 2,310
PCT 97th
PCT Defined Benefit (Pension)
PCT near Steamfitters Local #449 Pension Plan
PCT ind #4321

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 Administrative & Support Services retirement plans → · Plans in New Jersey →

End-of-year total assets ($M) among Local 68 Engineers Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)	$414M
Net Assets (End of Year)	$436M
Net Income	$22M
Employer EIN	510176618
Plan Effective Date	1956-01-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Local 68 Engineers Union Pension Fund Board of Trustees)

Latest sponsor-wide plan assets: $462M 11.444996834903613% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	2,293	$414M
2023	1	2,310	$436M
2024	1	2,298	$462M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 68 Engineers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.2B · 37,749
JPMorgan Chase Retirement Plan $16.3B · 90,644
Nokia Retirement Income Plan $13.9B · 7,492
The Prudential Merged Retirement Plan $12.2B · 16,230
Verizon Pension Plan for Associates $10.9B · 23,778

Compare Local 68 Engineers Union Pension Plan side-by-side with 3 peers →

Local 68 Engineers Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Steamfitters Local #449 Pension Plan in PA ($436M); by covered participants it is Hawaii Laborers' Pension Trust Fund in HI (2,310 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($436M here).

Steamfitters Local #449 Pension Plan (PA) $436M · 1,656
Employees Retirement Plan of Hajoca Corporation (PA) $437M · 4,174
Cash Balance Retirement Plan of Hallmark Cards, Inc. (MO) $436M · 1,798
Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees (NC) $437M · 317

Similar participant headcount

Nearest other-state filings by covered participants (2,310 participants); asset peers above are excluded.

Hawaii Laborers' Pension Trust Fund (HI) 2,310 · 0 off
The Goodyear Tire & Rubber Company 1950 Pension Plan (OH) 2,309 · 1 off
International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan (CT) 2,316 · 6 off
Reading Health System Pension Plan (PA) 2,316 · 6 off

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 68 Engineers Union Pension Plan assets move in 2023? ▼

Local 68 Engineers Union Pension Plan grew at a solid clip - up 5.3% during 2023, from $414M to $436M. Reported net income was $22M.

How have Local 68 Engineers Union Pension Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local 68 Engineers Union Pension Fund Board of Trustees's sponsor-wide assets grew 11.4%, from $414M to $462M.

Where does Local 68 Engineers Union Pension Plan rank by assets among Form 5500 filers? ▼

Local 68 Engineers Union Pension Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Local 68 Engineers Union Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Steamfitters Local #449 Pension Plan in PA ($436M, 1,656 participants).

Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 68 Engineers Union Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hawaii Laborers' Pension Trust Fund in HI (2,310 participants, $392M 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 510176618.