Defined Benefit (Pension) · DOL Form 5500 · 2024

Joint Pension Fund of Local Union No 102 IBEW Board of Trustees Pension Plan

Data updated 2026-08-25

$718M
Total assets Above avg plan size
2,040
Participants Near avg headcount
98th
Percentile by assets National rank
$352,091
Avg per participant High balance/head
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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.

  • #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.

#8,849
in Construction (9,039 peers)
+6.9%
assets growth YoY
7.2×
vs typical plan assets (national mean)

Joint Pension Fund of Local Union No 102's outsized position by total assets

Joint Pension Fund of Local Union No 102 vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$718,265,082 Top 2% higher than 98% of 123,620 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 2024

Joint Pension Fund of Local Union No 102's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Joint Pension Fund of Local Union No 102 lands in the large band (2,040 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 221615726 · Joint Pension Fund of Local Union No 102 IBEW Board of Trustees PY 2024 · Defined Benefit (Pension)

Joint Pension Fund of Local Union No 102 · $718M · 2,040 · 98th

  • VS-ST $718M
  • BOY 2,040
  • SCH 98th
  • EBSA Defined Benefit (Pension)
  • PART near Stanley Black & Decker Pension Plan
  • TYPE ind #8849

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 →

Joint Pension Fund of Local Union No 102 in the asset neighbourhood

Joint Pension Fund of Local Union No 102Joint Pension Fund of Local …$718MStanley Black & Decker Pension PlanStanley Black & Decker Pensi…$718MRochester General Health System Employee Retirement PlanRochester General Health Sys…$717MFox Valley and Vicinity Laborers Pension FundFox Valley and Vicinity Labo…$716MChs Inc. Pension Plan$714M
End-of-year total assets ($M) among Joint Pension Fund of Local Union No 102 and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$672M
Net Assets (End of Year)$718M
Net Income$47M
Employer EIN221615726
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Joint Pension Fund of Local Union No 102 IBEW Board of Trustees)

Sponsor-wide plan assets over time

All Joint Pension Fund of Local Union No 102 IBEW Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$718M 18.19477133569362% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $608M $718M ▲ +18.2%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Joint Pension Fund of Local Union No 102, Total assets ($B): 0.718265082 · Participants: 2040Joint Pension Fund of Local Union No 102Retirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Joint Pension Fund of Local Union No 102 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Joint Pension Fund of Local Union No 102's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Stanley Black & Decker Pension Plan in MD ($718M); by covered participants it is Reading Health System Pension Plan in PA (2,039 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($718M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,040 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Joint Pension Fund of Local Union No 102 assets move in 2024? ▼
Joint Pension Fund of Local Union No 102 grew at a solid clip - up 6.9% during 2024, from $672M to $718M. Reported net income was $47M.
How have Joint Pension Fund of Local Union No 102 IBEW Board of Trustees plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joint Pension Fund of Local Union No 102 IBEW Board of Trustees's sponsor-wide assets grew 18.2%, from $608M to $718M.
Where does Joint Pension Fund of Local Union No 102 rank by assets among Form 5500 filers? ▼
Joint Pension Fund of Local Union No 102 ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Joint Pension Fund of Local Union No 102? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Stanley Black & Decker Pension Plan in MD ($718M, 781 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Joint Pension Fund of Local Union No 102? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Reading Health System Pension Plan in PA (2,039 participants, $432M in assets).