Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Ila Local 1478-2 Pension Fund Pension Plan

Data updated 2026-07-24

$79M
Total assets: 563
Participants: 89th
Percentile by assets: $139,884
Avg per participant

Official DOL plan name: Ila Local 1478-2 Pension Plan · Sponsored by Board of Trustees Ila Local 1478-2 Pension Fund · New Jersey · Transportation & Warehousing

$79M in assets, 563 participants

Board of Trustees Ila Local 1478-2 Pension Fund's Ila Local 1478-2 Pension Plan reported $79M in total assets and 563 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 116,472 plans)

Where Ila Local 1478-2 Pension Plan sits by assets

Ila Local 1478-2 Pension Plan sits in the top quartile of all filed plans by assets, $79M for 563 participants (~$139,884/participant), up 13.9% in 2024.

$79M
total plan assets (2024 EOY): 563
covered participants: 89th
percentile by assets (of 116,472 plans): $139,884
avg assets per participant

Ila Local 1478-2 Pension Plan end-of-year assets rose from $69M in the plan year 2023 filing to $79M in the plan year 2024 filing.
Ila Local 1478-2 Pension Plan reported net income fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Ila Local 1478-2 Pension Plan reported participants fell from 589 in the plan year 2023 filing to 563 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Transportation & Warehousing

Ila Local 1478-2 Pension Plan vs the 2024 asset distribution

By assets, Ila Local 1478-2 Pension Plan outranks 89% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$69M
Net Assets (End of Year)	$79M
Net Income	$10M
Employer EIN	222318984
Plan Effective Date	1980-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Ila Local 1478-2 Pension Fund)

Total plan assets by year, all Board of Trustees Ila Local 1478-2 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	632	$58M
2023	1	589	$69M
2024	1	563	$79M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Ila Local 1478-2 Pension 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

Compare Ila Local 1478-2 Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ila Local 1478-2 Pension Plan by total assets, not by location.

Retirement Income Plan for Employees of Eisenhower Medical Center (CA) $79M · 488
Pension Plan for Employees of Carl Zeiss, Inc. (NY) $79M · 109
Colonial Pipeline Company Retirement Plan (GA) $79M · 182
Axel Johnson Inc. Retirement Plan (CT) $79M · 94

Frequently Asked Questions

How did Ila Local 1478-2 Pension Plan assets move in 2024? ▼

Ila Local 1478-2 Pension Plan grew at a solid clip - up 13.9% during 2024, from $69M to $79M. Reported net income was $10M.

How have Board of Trustees Ila Local 1478-2 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Ila Local 1478-2 Pension Fund's sponsor-wide assets grew 34.8%, from $58M to $79M.

Where does Ila Local 1478-2 Pension Plan rank by assets among Form 5500 filers? ▼

Ila Local 1478-2 Pension Plan ranks in the 89th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Ila Local 1478-2 Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Income Plan for Employees of Eisenhower Medical Center in CA ($79M, 488 participants).

Next read for Ila Local 1478-2 Pension Plan

Scale reading

Ways to act on Ila Local 1478-2 Pension Plan's numbers.

By total assets, Ila Local 1478-2 Pension 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 Ila Local 1478-2 Pension Fund's sponsor-wide assets have grown 34.8% since 2022 across 3 plan years on file. More Transportation & Warehousing 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 222318984.

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.