Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees, U.a. Local 322 Pension Fund Pension Plan
Data updated 2026-08-25
- $128M
- Total assets Near avg plan size
- 587
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $218,764
- Avg per participant Above avg balance/head
Official DOL plan name: U.a. Local Union No. 322 Pension Plan · Sponsored by Trustees, U.a. Local 322 Pension Fund · New Jersey · Construction
$128M in assets, 587 participants
Trustees, U.a. Local 322 Pension Fund's U.a. Local Union No. 322 Pension Plan reported $128M in total assets and 587 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #8,240 in Construction (9,030 peers)
Where U.a. Local Union No. 322 Pension Plan sits by assets
U.a. Local Union No. 322 Pension Plan sits in the top 10% of all filed plans by assets, $128M for 587 participants (~$218,764/participant), up 18.4% in 2023.
- #8,240
- in Construction (9,030 peers)
- +18.4%
- assets growth YoY
- 1.3×
- vs typical plan assets (national mean)
U.a. Local Union No. 322 Pension Plan's outsized position by total assets
U.a. Local Union No. 322 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$128,414,218 Top 7% higher than 93% 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
U.a. Local Union No. 322 Pension Plan 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. U.a. Local Union No. 322 Pension Plan sits mid-pack in the medium band (587 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- U.a. Local Union No. 322 Pension Plan reported net income rose from $230K in the plan year 2022 filing to $20M in the plan year 2023 filing.
- U.a. Local Union No. 322 Pension Plan end-of-year assets rose from $108M in the plan year 2022 filing to $128M in the plan year 2023 filing.
- U.a. Local Union No. 322 Pension Plan reported participants fell from 596 in the plan year 2022 filing to 587 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 216016638 · Trustees, U.a. Local 322 Pension Fund PY 2023 · Defined Benefit (Pension)
U.a. Local Union No. 322 Pension Plan · $128M · 587 · 93rd
- PCT $128M
- PCT 587
- PCT 93rd
- PCT Defined Benefit (Pension)
- PCT near Paper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension Fund
- PCT ind #8240
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 Construction retirement plans → · Plans in New Jersey →
U.a. Local Union No. 322 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $108M |
|---|---|
| Net Assets (End of Year) | $128M |
| Net Income | $20M |
| Employer EIN | 216016638 |
| Plan Effective Date | 1961-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees, U.a. Local 322 Pension Fund)
Sponsor-wide plan assets over time
All Trustees, U.a. Local 322 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $128M 18.357861789692738% vs 2022
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 596 | $108M |
| 2023 | 1 | 587 | $128M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
U.a. Local Union No. 322 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 Paper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension Fund in NY ($128M); by covered participants it is Smiths Group Pension Plan in DC (587 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($128M here).
- Paper Products, Misc. Chauffeurs, Warehousemen, Helpers, Messengers, Production & Office Workers Pension Fund (NY) $128M · 474
- Conagra Brands Inc. Jointly Administered Grain Millers Pension Plan (IL) $128M · 848
- Service Employees International Union Local 32bj, District 36 Building Operators Pension Trust Fund (PA) $128M · 2,409
- West Valley Pension Plan (NY) $129M · 111
Similar participant headcount
Nearest other-state filings by covered participants (587 participants); asset peers above are excluded.
- Smiths Group Pension Plan (DC) 587 · 0 off
- Pension Equity Plan of Doylestown Hospital (PA) 587 · 0 off
- Retirement Plan for Employees of Blessing Hospital (IL) 588 · 1 off
- Insurance Organizations Employees' Retirement Plan (MI) 586 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.