Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Local 108 Retirement Plan Pension Plan
Data updated 2026-08-11
- $29M
- Total assets
- N/A
- Participants
- 77th
- Percentile by assets
Official DOL plan name: Local 108 Retirement Plan · Sponsored by Board of Trustees Local 108 Retirement Plan · New Jersey · Retail Trade
$29M in assets, N/A participants
Board of Trustees Local 108 Retirement Plan's Local 108 Retirement Plan reported $29M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.
- 77th percentile by assets (of 123,622 plans)
- #6,894 in Retail Trade (8,048 peers)
Where Local 108 Retirement Plan sits by assets
Local 108 Retirement Plan sits in the top quartile of all filed plans by assets, $29M for N/A participants, down 0.6% in 2024.
- $29M
- total plan assets (2024 EOY)
- N/A
- covered participants
- 77th
- percentile by assets (of 123,622 plans)
- -0.6%
- assets change YoY
The plan reported a net loss of $108K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Local 108 Retirement Plan sits by total assets
Local 108 Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$28,558,353 Top 23% higher than 77% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local 108 Retirement Plan reported net income fell from $769K in the plan year 2023 filing to -$108K in the plan year 2024 filing.
- Local 108 Retirement Plan end-of-year assets fell from $29M in the plan year 2023 filing to $29M in the plan year 2024 filing.
Local 108 Retirement Plan vs the 2024 asset distribution
By assets, Local 108 Retirement Plan outranks 77% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $29M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | -$108K |
| Employer EIN | 226176321 |
| Plan Effective Date | 1951-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 108 Retirement Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $28M |
| 2023 | 1 | N/A | $29M |
| 2024 | 1 | N/A | $29M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 108 Retirement Plan 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 Local 108 Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Local 108 Retirement Plan assets move in 2024? ▼
How have Board of Trustees Local 108 Retirement Plan plan assets changed over time? ▼
Where does Local 108 Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 108 Retirement Plan? ▼
Next read for Local 108 Retirement Plan
Scale reading
Ways to act on Local 108 Retirement Plan's numbers.
- By total assets, Local 108 Retirement Plan ranks in the top quartile 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 Local 108 Retirement Plan's sponsor-wide assets have grown 2.1% since 2022 across 3 plan years on file. More Retail Trade plans