Defined Benefit (Pension) · DOL Form 5500 · 2024

Bd of Trustees New Jersey Building Laborers Statewide Pension Fund Pension Plan

Data updated 2026-08-06

$546M
Total assets
2,166
Participants
97th
Percentile by assets
$251,892
Avg per participant
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Official DOL plan name: New Jersey Building Laborers Statewide Pension Fund · Sponsored by Bd of Trustees New Jersey Building Laborers Statewide Pension Fund · New Jersey · Construction

$546M in assets, 2,166 participants

Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's New Jersey Building Laborers Statewide Pension Fund reported $546M in total assets and 2,166 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)

Coverage in New Jersey

New Jersey Building Laborers Statewide Pension Fund covers 2,166 participants in New Jersey, 2.5x the typical New Jersey plan (state average ~865 per filing). Assets: $546M.

$546M
total plan assets (2024 EOY)
2,166
covered participants
97th
percentile by assets (of 116,472 plans)
$251,892
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • New Jersey Building Laborers Statewide Pension Fund end-of-year assets rose from $520M in the plan year 2023 filing to $546M in the plan year 2024 filing.
  • New Jersey Building Laborers Statewide Pension Fund reported participants rose from 2,108 in the plan year 2023 filing to 2,166 in the plan year 2024 filing.
  • New Jersey Building Laborers Statewide Pension Fund reported net income rose from $23M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. New Jersey Building Laborers Statewide Pension Fund reports 2,166 participants - 2.5x that state average ($546M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$520M
Net Assets (End of Year)$534M
Net Income$23M
Employer EIN226077693
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bd of Trustees New Jersey Building Laborers Statewide Pension Fund)

$480M$500M$520M$540M$560M 202220232024 $494M $546M ▲ +10.5%
Total plan assets by year, all Bd of Trustees New Jersey Building Laborers Statewide Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 2,202 $494M
2023 1 2,108 $520M
2024 1 2,166 $546M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants New Jersey Building …Retirement Plan of J…JPMorgan Chase Retir…Nokia Retirement Inc…The Prudential Merge…Merck US Pension Plan
New Jersey Building Laborers Statewide Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to New Jersey Building Laborers Statewide Pension Fund by total assets, not by location.

Frequently Asked Questions

How did New Jersey Building Laborers Statewide Pension Fund assets move in 2024?
New Jersey Building Laborers Statewide Pension Fund edged up modestly - up 4.9% during 2024, from $520M to $546M. Reported net income was $23M.
How have Bd of Trustees New Jersey Building Laborers Statewide Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's sponsor-wide assets grew 10.5%, from $494M to $546M.
Where does New Jersey Building Laborers Statewide Pension Fund rank by assets among Form 5500 filers?
New Jersey Building Laborers Statewide Pension Fund ranks in the 97th percentile by end-of-year assets among 116,472 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 New Jersey Building Laborers Statewide Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Carefirst, Inc. Retirement Plan in MD ($546M, 1,518 participants).

Next read for New Jersey Building Laborers Statewide P…

Filing takeaways

Ways to act on New Jersey Building Laborers Statewide Pension Fund's numbers.

  • By total assets, New Jersey Building Laborers Statewide Pension Fund 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
  • Bd of Trustees New Jersey Building Laborers Statewide Pension Fund's sponsor-wide assets have grown 10.5% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 226077693.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.