Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$142M
Total assets Near avg plan size
917
Participants Near avg headcount
93rd
Percentile by assets National rank
$154,566
Avg per participant Above avg balance/head
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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.

  • #7,711 in Retail Trade (8,048 peers)

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.

#7,711
in Retail Trade (8,048 peers)
+6.5%
assets growth YoY
1.4×
vs typical plan assets (national mean)

The Local 259 Pension Fund's outsized position by total assets

The Local 259 Pension Fund vs every filed plan by assets

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

$141,736,796 Top 7% higher than 93% 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

The Local 259 Pension Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Local 259 Pension Fund sits mid-pack in the medium band (917 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 136115077 · Board of Trustees of the Local 259 Pensi Pension Fund PY 2024 · Defined Benefit (Pension)

The Local 259 Pension Fund · $142M · 917 · 93rd

  • NET $142M
  • BOOK 917
  • VS-ST 93rd
  • BOY Defined Benefit (Pension)
  • SCH near Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan
  • EBSA ind #7711

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 Retail Trade retirement plans → · Plans in New Jersey →

The Local 259 Pension Fund in the asset neighbourhood

Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension PlanPension Plan for Employees o…$142MThe Local 259 Pension Fund$142MArkema Inc. Retirement Benefits PlanArkema Inc. Retirement Benef…$141MMassachusetts Medical Society Pension PlanMassachusetts Medical Societ…$141MNew England Agency Employees' Retirement PlanNew England Agency Employees…$141M
End-of-year total assets ($M) among The Local 259 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$133M
Net Assets (End of Year)$142M
Net Income$9M
Employer EIN136115077
Plan Effective Date1954-02-16
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees of the Local 259 Pensi Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$142M 14.206833379591075% vs 2022
2024 filing year
$120M$130M$140M$150M 202220232024 $124M $142M ▲ +14.2%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants The Local 259 Pension Fund, Total assets ($B): 0.141736796 · Participants: 917The Local 259 Pension FundRetirement 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
The Local 259 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare The Local 259 Pension Fund side-by-side with 3 peers →

The Local 259 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Pension Plan for Employees of the Govt of Canada Locally Engaged in the USA-Qualified Pension Plan in ($142M); by covered participants it is Drywall Pension Fund in NY (918 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (917 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 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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Local 259 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Drywall Pension Fund in NY (918 participants, $176M in assets).

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.