Defined Benefit (Pension) · DOL Form 5500 · 2023

New Jersey Natural Gas Company Pension Plan

Data updated 2026-08-25

$166M
Total assets Near avg plan size
272
Participants Below avg headcount
94th
Percentile by assets National rank
$610,200
Avg per participant High balance/head
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Official DOL plan name: Plan for Retirement Allowances for Represented Employees · Sponsored by New Jersey Natural Gas Company · New Jersey · Utilities

$166M in assets, 272 participants

New Jersey Natural Gas Company's Plan for Retirement Allowances for Represented Employees reported $166M in total assets and 272 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #491 in Utilities (721 peers)

Coverage in New Jersey

Plan for Retirement Allowances for Represented Employees covers 272 participants in New Jersey, about 32% of the average New Jersey filer (state average ~844 per filing). Assets: $166M.

#491
in Utilities (721 peers)
+15.4%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Plan for Retirement Allowances for Represented Employees's outsized position by total assets

Plan for Retirement Allowances for Represented Employees vs every filed plan by assets

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

$165,974,381 Top 6% higher than 94% 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

Plan for Retirement Allowances for Represented Employees among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plan for Retirement Allowances for Represented Employees sits mid-pack in the medium band (272 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plan for Retirement Allowances for Represented Employees reported net income rose from $7M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Plan for Retirement Allowances for Represented Employees end-of-year assets rose from $144M in the plan year 2022 filing to $166M in the plan year 2023 filing.
  • Plan for Retirement Allowances for Represented Employees reported participants fell from 295 in the plan year 2022 filing to 272 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 210621680 · New Jersey Natural Gas Company PY 2023 · Defined Benefit (Pension)

Plan for Retirement Allowances for Represented Employees · $166M · 272 · 94th

  • EBSA $166M
  • EBSA 272
  • EBSA 94th
  • EBSA Defined Benefit (Pension)
  • EBSA near Columbia University Retirement Plan - Local 241, Transport Workers Union of America
  • EBSA ind #491

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 Utilities retirement plans → · Plans in New Jersey →

Plan for Retirement Allowances for Represented Employees in the asset neighbourhood

American Civil Liberties Union Retirement PlanAmerican Civil Liberties Uni…$167MMorrison & Foerster LLP Cash Balance Retirement PlanMorrison & Foerster LLP Cash…$166MColumbia University Retirement Plan - Local 241, Transport Workers Union of AmericaColumbia University Retireme…$166MPlan for Retirement Allowances for Represented EmployeesPlan for Retirement Allowanc…$166MRicoh Family Group Pension Equity PlanRicoh Family Group Pension E…$166M
End-of-year total assets ($M) among Plan for Retirement Allowances for Represented Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$144M
Net Assets (End of Year)$166M
Net Income$22M
Employer EIN210621680
Plan Effective Date1955-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Jersey Natural Gas Company)

Sponsor-wide plan assets over time

All New Jersey Natural Gas Company plans reported in each filing year

Latest sponsor-wide plan assets
$379M 20.094670327033963% vs 2022
2024 filing year
$300M$320M$340M$360M$380M$400M 202220232024 $315M $379M ▲ +20.1%
Year Plans Participants Total Assets
2022 2 487 $315M
2023 2 454 $363M
2024 2 433 $379M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Plan for Retirement Allowances for Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Plan for Retirement Allowances for Represented Employees, Total assets ($B): 0.165974381 · Participants: 272Plan for Retirement Allowances for Represented EmployeesRetirement 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
Plan for Retirement Allowances for Represented Employees vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Plan for Retirement Allowances for Represented Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Columbia University Retirement Plan - Local 241, Transport Workers Union of America in NY ($166M); by covered participants it is The Manitowoc Company, Inc. Pension Plan in WI (272 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (272 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 Plan for Retirement Allowances for Represented Employees assets move in 2023?
Plan for Retirement Allowances for Represented Employees grew sharply - up 15.4% during 2023, from $144M to $166M. Reported net income was $22M.
How have New Jersey Natural Gas Company plan assets changed over time?
Across 3 plan years on file (2022-2024), New Jersey Natural Gas Company's sponsor-wide assets grew 20.1%, from $315M to $379M.
Where does Plan for Retirement Allowances for Represented Employees rank by assets among Form 5500 filers?
Plan for Retirement Allowances for Represented Employees ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Plan for Retirement Allowances for Represented Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Columbia University Retirement Plan - Local 241, Transport Workers Union of America in NY ($166M, 945 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Plan for Retirement Allowances for Represented Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Manitowoc Company, Inc. Pension Plan in WI (272 participants, $87M in assets).