Defined Benefit (Pension) · DOL Form 5500 · 2023

Local No. 863 Pension Plan Pension Plan

Data updated 2026-08-11

$369M
Total assets: 40
Participants: 97th
Percentile by assets: $9.2M
Avg per participant

Official DOL plan name: Local No. 863 Pension Plan · Sponsored by Local No. 863 Pension Plan · New Jersey · Finance & Insurance

$369M in assets, 40 participants

Local No. 863 Pension Plan's Local No. 863 Pension Plan reported $369M in total assets and 40 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.

97th percentile by assets (of 127,072 plans)
#8,375 in Finance & Insurance (8,869 peers)

Where Local No. 863 Pension Plan sits by assets

Local No. 863 Pension Plan sits in the top 5% of all filed plans by assets, $369M for 40 participants (~$9.2M/participant), up 1019.0% in 2023.

$369M
total plan assets (2023 EOY): 40
covered participants: 97th
percentile by assets (of 127,072 plans): $9.2M
avg assets per participant

Where Local No. 863 Pension Plan sits by total assets

Local No. 863 Pension Plan vs every filed plan by assets

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

$368,721,369 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 No. 863 Pension Plan reported net income rose from -$19M in the plan year 2022 filing to $336M in the plan year 2023 filing.
Local No. 863 Pension Plan end-of-year assets rose from $33M in the plan year 2022 filing to $369M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Finance & Insurance

Local No. 863 Pension Plan vs the 2023 asset distribution

By assets, Local No. 863 Pension Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$33M
Net Assets (End of Year)	$369M
Net Income	$336M
Employer EIN	221598194
Plan Effective Date	1956-01-26
Filing Status	FILING RECEIVED

Sponsor Plan History (Local No. 863 Pension Plan)

Total plan assets by year, all Local No. 863 Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	40	$33M
2023	1	40	$369M
2024	1	11	$366M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local No. 863 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 No. 863 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local No. 863 Pension Plan by total assets, not by location.

The Restated Ag Processing Inc Retirement Plan (NE) $368M · 1,113
Golub Corporation Employees Retirement Plan (NY) $370M · 7,981
Foot Locker Retirement Plan (NY) $367M · 4,423
Retirement Plan of Murphy Oil Corporation (TX) $370M · 571

Frequently Asked Questions

How did Local No. 863 Pension Plan assets move in 2023? ▼

Local No. 863 Pension Plan surged - up 1019.0% during 2023, from $33M to $369M. Reported net income was $336M.

How have Local No. 863 Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local No. 863 Pension Plan's sponsor-wide assets grew 1011.3%, from $33M to $366M.

Where does Local No. 863 Pension Plan rank by assets among Form 5500 filers? ▼

Local No. 863 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 No. 863 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is The Restated Ag Processing Inc Retirement Plan in NE ($368M, 1,113 participants).

Next read for Local No. 863 Pension Plan

Scale reading

Ways to act on Local No. 863 Pension Plan's numbers.

By total assets, Local No. 863 Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
Local No. 863 Pension Plan's sponsor-wide assets have grown 1011.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 221598194.