Defined Benefit (Pension) · DOL Form 5500 · 2023

Local No. 863 Pension Plan Pension Plan

Data updated 2026-08-25

$369M
Total assets Above avg plan size
40
Participants Small participant base
97th
Percentile by assets National rank
$9.2M
Avg per participant High balance/head
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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.

  • #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.

#8,375
in Finance & Insurance (8,869 peers)
+1019.0%
assets growth YoY
3.7×
vs typical plan assets (national mean)

Local No. 863 Pension Plan's outsized position 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

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

Local No. 863 Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local No. 863 Pension Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Form 5500 schedule snapshot

Filing strip 221598194 · Local No. 863 Pension Plan PY 2023 · Defined Benefit (Pension)

Local No. 863 Pension Plan · $369M · 40 · 97th

  • RANK $369M
  • RANK 40
  • RANK 97th
  • RANK Defined Benefit (Pension)
  • RANK near The Restated Ag Processing Inc Retirement Plan
  • RANK ind #8375

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Local No. 863 Pension Plan in the asset neighbourhood

Retirement Plan of Murphy Oil CorporationRetirement Plan of Murphy Oi…$370MGolub Corporation Employees Retirement PlanGolub Corporation Employees …$370MLocal No. 863 Pension Plan$369MThe Restated Ag Processing Inc Retirement PlanThe Restated Ag Processing I…$368MFoot Locker Retirement Plan$367M
End-of-year total assets ($M) among Local No. 863 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$369M
Net Income$336M
Employer EIN221598194
Plan Effective Date1956-01-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Local No. 863 Pension Plan)

Sponsor-wide plan assets over time

All Local No. 863 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$366M 1011.3190671277408% vs 2022
2024 filing year
$0M$200M$400M$600M 202220232024 $33M $366M ▲ +1011.4%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local No. 863 Pension Plan, Total assets ($B): 0.368721369 · Participants: 40Local No. 863 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
Local No. 863 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Local No. 863 Pension Plan side-by-side with 3 peers →

Local No. 863 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 The Restated Ag Processing Inc Retirement Plan in NE ($368M); by covered participants it is The Coho at Stanford University Cash Balance Plan in CA (40 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($369M here).

Similar participant headcount

Nearest other-state filings by covered participants (40 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 863 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Coho at Stanford University Cash Balance Plan in CA (40 participants, N/A 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 221598194.

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.