Defined Benefit (Pension) · DOL Form 5500 · 2024
Joint Pension Fund of Local Union No 102 IBEW Board of Trustees Pension Plan
Data updated 2026-08-11
- $718M
- Total assets
- 2,040
- Participants
- 98th
- Percentile by assets
- $352,091
- Avg per participant
Official DOL plan name: Joint Pension Fund of Local Union No 102 · Sponsored by Joint Pension Fund of Local Union No 102 IBEW Board of Trustees · New Jersey · Construction
$718M in assets, 2,040 participants
Joint Pension Fund of Local Union No 102 IBEW Board of Trustees's Joint Pension Fund of Local Union No 102 reported $718M in total assets and 2,040 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #8,849 in Construction (9,039 peers)
Coverage in New Jersey
Joint Pension Fund of Local Union No 102 covers 2,040 participants in New Jersey, 2.4x the typical New Jersey plan (state average ~844 per filing). Assets: $718M.
- $718M
- total plan assets (2024 EOY)
- 2,040
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $352,091
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Joint Pension Fund of Local Union No 102 reported net income fell from $64M in the plan year 2023 filing to $47M in the plan year 2024 filing.
- Joint Pension Fund of Local Union No 102 end-of-year assets rose from $672M in the plan year 2023 filing to $718M in the plan year 2024 filing.
- Joint Pension Fund of Local Union No 102 reported participants rose from 2,013 in the plan year 2023 filing to 2,040 in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Joint Pension Fund of Local Union No 102 reports 2,040 participants - 2.4x that state average ($718M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $672M |
|---|---|
| Net Assets (End of Year) | $718M |
| Net Income | $47M |
| Employer EIN | 221615726 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Joint Pension Fund of Local Union No 102 IBEW Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,725 | $608M |
| 2023 | 1 | 2,013 | $672M |
| 2024 | 1 | 2,040 | $718M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Joint Pension Fund of Local Union No 102 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Joint Pension Fund of Local Union No 102 by total assets, not by location.
- Stanley Black & Decker Pension Plan (MD) $718M · 781
- Rochester General Health System Employee Retirement Plan (NY) $717M · 8,078
- Fox Valley and Vicinity Laborers Pension Fund (IL) $716M · 1,722
- Chs Inc. Pension Plan (MN) $714M · 7,164
Frequently Asked Questions
How did Joint Pension Fund of Local Union No 102 assets move in 2024? ▼
How have Joint Pension Fund of Local Union No 102 IBEW Board of Trustees plan assets changed over time? ▼
Where does Joint Pension Fund of Local Union No 102 rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Joint Pension Fund of Local Union No 102? ▼
Next read for Joint Pension Fund of Local Union No 102
Filing takeaways
Ways to act on Joint Pension Fund of Local Union No 102's numbers.
- By total assets, Joint Pension Fund of Local Union No 102 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
- Joint Pension Fund of Local Union No 102 IBEW Board of Trustees's sponsor-wide assets have grown 18.2% since 2022 across 3 plan years on file. More Construction plans