Defined Benefit (Pension) · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$79M
Total assets Below avg plan size
563
Participants Below avg headcount
89th
Percentile by assets National rank
$139,884
Avg per participant Near avg balance/head
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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.

  • #2,852 in Transportation & Warehousing (3,299 peers)

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.

#2,852
in Transportation & Warehousing (3,299 peers)
+13.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Ila Local 1478-2 Pension Plan's outsized position by total assets

Ila Local 1478-2 Pension Plan vs every filed plan by assets

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

$78,754,801 Top 11% higher than 89% 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

Ila Local 1478-2 Pension Plan 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. Ila Local 1478-2 Pension Plan sits mid-pack in the medium band (563 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Plan-year Form 5500 strip

Filing strip 222318984 · Board of Trustees Ila Local 1478-2 Pension Fund PY 2024 · Defined Benefit (Pension)

Ila Local 1478-2 Pension Plan · $79M · 563 · 89th

  • BOY $79M
  • BOY 563
  • BOY 89th
  • BOY Defined Benefit (Pension)
  • BOY near Retirement Income Plan for Employees of Eisenhower Medical Center
  • BOY ind #2852

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 Transportation & Warehousing retirement plans → · Plans in New Jersey →

Ila Local 1478-2 Pension Plan in the asset neighbourhood

Pension Plan for Employees of Carl Zeiss, Inc.Pension Plan for Employees o…$79MColonial Pipeline Company Retirement PlanColonial Pipeline Company Re…$79MIla Local 1478-2 Pension Plan$79MRetirement Income Plan for Employees of Eisenhower Medical CenterRetirement Income Plan for E…$79MAxel Johnson Inc. Retirement PlanAxel Johnson Inc. Retirement…$79M
End-of-year total assets ($M) among Ila Local 1478-2 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$79M
Net Income$10M
Employer EIN222318984
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Board of Trustees Ila Local 1478-2 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$79M 34.8049859638479% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $58.4M $78.8M ▲ +34.8%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Ila Local 1478-2 Pension Plan, Total assets ($B): 0.078754801 · Participants: 563Ila Local 1478-2 Pension PlanRetirement 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
Ila Local 1478-2 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Ila Local 1478-2 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Retirement Income Plan for Employees of Eisenhower Medical Center in CA ($79M); by covered participants it is Premcor Pension Plan for Certain Union Employees in TX (564 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (563 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 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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ila Local 1478-2 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Premcor Pension Plan for Certain Union Employees in TX (564 participants, $37M in assets).