Money Purchase · DOL Form 5500 · 2023

Itpeu Pension Fund Money Purchase Plan

Data updated 2026-08-11

$161M
Total assets
15,693
Participants
94th
Percentile by assets
$10,255
Avg per participant
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Official DOL plan name: Itpeu Pension Fund · Sponsored by Itpeu Pension Fund · New Jersey · Other Services

$161M in assets, 15,693 participants

Itpeu Pension Fund's Itpeu Pension Fund reported $161M in total assets and 15,693 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.

  • 94th percentile by assets (of 127,072 plans)
  • #7,709 in Other Services (7,857 peers)

Coverage in New Jersey

Itpeu Pension Fund covers 15,693 participants in New Jersey, 19x the typical New Jersey plan (state average ~844 per filing). Assets: $161M.

$161M
total plan assets (2023 EOY)
15,693
covered participants
94th
percentile by assets (of 127,072 plans)
$10,255
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Itpeu Pension Fund reported net income rose from $1M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Itpeu Pension Fund end-of-year assets rose from $141M in the plan year 2022 filing to $161M in the plan year 2023 filing.
  • Itpeu Pension Fund reported participants rose from 14,627 in the plan year 2022 filing to 15,693 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Itpeu Pension Fund reports 15,693 participants - 19x that state average ($161M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$141M
Net Assets (End of Year)$160M
Net Income$20M
Employer EIN112506736
Plan Effective Date1979-08-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Itpeu Pension Fund)

$130M$140M$150M$160M$170M$180M 202220232024 $141M $173M ▲ +22.6%
Total plan assets by year, all Itpeu Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 14,627 $141M
2023 1 15,693 $161M
2024 1 15,782 $173M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Itpeu Pension Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Itpeu Pension Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 02004006008001000 Total assets ($M) Participants Itpeu Pension FundLocal 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Itpeu Pension Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Scale composition for Itpeu Pension Fund

Itpeu Pension Fund reports $161M in end-of-year assets across 15,693 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $10,255 per participant (7% of the national average assets-per-participant) . Net income for plan year 2023 was $20M.

This plan identity (EIN 112506736, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $141M to $173M (+22.6%) while covered participants moved from 14,627 to 15,782 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 14,627 $141M Open filing
2023 15,693 $161M This page
2024 · index core 15,782 $173M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Itpeu Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Itpeu Pension Fund assets move in 2023?
Itpeu Pension Fund grew at a solid clip - up 14.2% during 2023, from $141M to $161M. Reported net income was $20M.
How have Itpeu Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Itpeu Pension Fund's sponsor-wide assets grew 22.6%, from $141M to $173M.
Where does Itpeu Pension Fund rank by assets among Form 5500 filers?
Itpeu Pension Fund 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 Money Purchase plans are similar in size to Itpeu Pension Fund?
Among Money Purchase plans in other states, the closest by assets is Milton Hershey School Money Purchase Pension Plan in PA ($162M, 1,331 participants).

Filing takeaways

Ways to act on Itpeu Pension Fund's numbers.