Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of the Local 259 Pensi Pension Fund Pension Plan

Data updated 2026-07-24

$142M
Total assets: 917
Participants: 93rd
Percentile by assets: $154,566
Avg per participant

Official DOL plan name: The Local 259 Pension Fund · Sponsored by Board of Trustees of the Local 259 Pensi Pension Fund · New Jersey · Retail Trade

$142M in assets, 917 participants

Board of Trustees of the Local 259 Pensi Pension Fund's The Local 259 Pension Fund reported $142M in total assets and 917 participants in its 2024 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.

93rd percentile by assets (of 116,472 plans)

Where The Local 259 Pension Fund sits by assets

The Local 259 Pension Fund sits in the top 10% of all filed plans by assets, $142M for 917 participants (~$154,566/participant), up 6.5% in 2024.

$142M
total plan assets (2024 EOY): 917
covered participants: 93rd
percentile by assets (of 116,472 plans): $154,566
avg assets per participant

The Local 259 Pension Fund end-of-year assets rose from $133M in the plan year 2023 filing to $142M in the plan year 2024 filing.
The Local 259 Pension Fund reported net income fell from $9M in the plan year 2023 filing to $9M in the plan year 2024 filing.
The Local 259 Pension Fund reported participants fell from 950 in the plan year 2023 filing to 917 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Retail Trade

The Local 259 Pension Fund vs the 2024 asset distribution

By assets, The Local 259 Pension Fund outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$133M
Net Assets (End of Year)	$142M
Net Income	$9M
Employer EIN	136115077
Plan Effective Date	1954-02-16
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Local 259 Pensi Pension Fund)

Total plan assets by year, all Board of Trustees of the Local 259 Pensi Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	997	$124M
2023	1	950	$133M
2024	1	917	$142M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

The Local 259 Pension Fund 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

Compare The Local 259 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Local 259 Pension Fund by total assets, not by location.

Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan () $142M · 333
Arkema Inc. Retirement Benefits Plan (PA) $141M · 401
Massachusetts Medical Society Pension Plan (MA) $141M · 146
New England Agency Employees' Retirement Plan (NC) $141M · N/A

Frequently Asked Questions

How did The Local 259 Pension Fund assets move in 2024? ▼

The Local 259 Pension Fund grew at a solid clip - up 6.5% during 2024, from $133M to $142M. Reported net income was $9M.

How have Board of Trustees of the Local 259 Pensi Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of the Local 259 Pensi Pension Fund's sponsor-wide assets grew 14.2%, from $124M to $142M.

Where does The Local 259 Pension Fund rank by assets among Form 5500 filers? ▼

The Local 259 Pension Fund ranks in the 93rd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to The Local 259 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan in ($142M, 333 participants).

Next read for The Local 259 Pension Fund

Scale reading

Ways to act on The Local 259 Pension Fund's numbers.

By total assets, The Local 259 Pension Fund ranks in the top 10% 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
Board of Trustees of the Local 259 Pensi Pension Fund's sponsor-wide assets have grown 14.2% since 2022 across 3 plan years on file. More Retail Trade 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 136115077.

Read our methodology - how this data is sourced, computed, and verified.

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