Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Local 888 Pension Fund Pension Plan
Data updated 2026-08-11
- $46M
- Total assets
- 41
- Participants
- 83rd
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Local 888 Pension Fund · Sponsored by Board of Trustees Local 888 Pension Fund · New Jersey · Manufacturing
$46M in assets, 41 participants
Board of Trustees Local 888 Pension Fund's Local 888 Pension Fund reported $46M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 123,622 plans)
- #13,561 in Manufacturing (17,777 peers)
Where Local 888 Pension Fund sits by assets
Local 888 Pension Fund sits in the top quartile of all filed plans by assets, $46M for 41 participants (~$1.1M/participant), down 8.2% in 2024.
- $46M
- total plan assets (2024 EOY)
- 41
- covered participants
- 83rd
- percentile by assets (of 123,622 plans)
- $1.1M
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Local 888 Pension Fund sits by total assets
Local 888 Pension Fund vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$46,308,893 Top 17% higher than 83% 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 888 Pension Fund reported net income rose from -$9M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Local 888 Pension Fund reported participants fell from 48 in the plan year 2023 filing to 41 in the plan year 2024 filing.
- Local 888 Pension Fund end-of-year assets fell from $50M in the plan year 2023 filing to $46M in the plan year 2024 filing.
Local 888 Pension Fund vs the 2024 asset distribution
By assets, Local 888 Pension Fund outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | -$4M |
| Employer EIN | 136367793 |
| Plan Effective Date | 1961-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 888 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $60M |
| 2023 | 1 | 48 | $50M |
| 2024 | 1 | 41 | $46M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 888 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 888 Pension Fund by total assets, not by location.
Frequently Asked Questions
How did Local 888 Pension Fund assets move in 2024? ▼
How have Board of Trustees Local 888 Pension Fund plan assets changed over time? ▼
Where does Local 888 Pension Fund rank by assets among Form 5500 filers? ▼
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Next read for Local 888 Pension Fund
Scale reading
Ways to act on Local 888 Pension Fund's numbers.
- By total assets, Local 888 Pension Fund 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 888 Pension Fund's sponsor-wide assets have declined 22.2% since 2022 across 3 plan years on file. More Manufacturing plans