Defined Benefit (Pension) · DOL Form 5500 · 2024

Local 147 Construction Workers Retirement Plan Pension Plan

Data updated 2026-07-24

$180M
Total assets: 89
Participants: 94th
Percentile by assets: $2.0M
Avg per participant

Official DOL plan name: Local 147 Construction Workers Retirement Plan · Sponsored by Local 147 Construction Workers Retirement Plan · New Jersey · Construction

$180M in assets, 89 participants

Local 147 Construction Workers Retirement Plan's Local 147 Construction Workers Retirement Plan reported $180M in total assets and 89 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 116,472 plans)

Where Local 147 Construction Workers Retirement Plan sits by assets

Local 147 Construction Workers Retirement Plan sits in the top 10% of all filed plans by assets, $180M for 89 participants (~$2.0M/participant), up 4.5% in 2024.

$180M
total plan assets (2024 EOY): 89
covered participants: 94th
percentile by assets (of 116,472 plans): $2.0M
avg assets per participant

Local 147 Construction Workers Retirement Plan reported participants rose from 65 in the plan year 2023 filing to 89 in the plan year 2024 filing.
Local 147 Construction Workers Retirement Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Local 147 Construction Workers Retirement Plan end-of-year assets rose from $172M in the plan year 2023 filing to $180M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Construction

Local 147 Construction Workers Retirement Plan vs the 2024 asset distribution

By assets, Local 147 Construction Workers Retirement Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$172M
Net Assets (End of Year)	$180M
Net Income	$8M
Employer EIN	136528181
Plan Effective Date	1970-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Local 147 Construction Workers Retirement Plan)

Total plan assets by year, all Local 147 Construction Workers Retirement Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	17	$162M
2023	1	65	$172M
2024	1	89	$180M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 147 Construction Workers 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

Compare Local 147 Construction Workers Retiremen… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 147 Construction Workers Retirement Plan by total assets, not by location.

Teledyne Technologies Incorporated Pension Plan for Defined Active Participants (CA) $180M · 544
Transit Management of Southeast Louisiana, Inc. Retirement Income Plan (LA) $180M · 1,602
Associated Wholesale Grocers, Inc. Restated Retirement Plan (KS) $180M · 435
Local 91 Pension Fund (NY) $180M · 2,588

Frequently Asked Questions

How did Local 147 Construction Workers Retirement Plan assets move in 2024? ▼

Local 147 Construction Workers Retirement Plan edged up modestly - up 4.5% during 2024, from $172M to $180M. Reported net income was $8M.

How have Local 147 Construction Workers Retirement Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Local 147 Construction Workers Retirement Plan's sponsor-wide assets grew 10.9%, from $162M to $180M.

Where does Local 147 Construction Workers Retirement Plan rank by assets among Form 5500 filers? ▼

Local 147 Construction Workers Retirement Plan ranks in the 94th percentile by end-of-year assets among 116,472 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 Local 147 Construction Workers Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teledyne Technologies Incorporated Pension Plan for Defined Active Participants in CA ($180M, 544 participants).

Next read for Local 147 Construction Workers Retiremen…

Scale reading

Ways to act on Local 147 Construction Workers Retirement Plan's numbers.

By total assets, Local 147 Construction Workers Retirement Plan ranks in the top 10% 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
Local 147 Construction Workers Retirement Plan's sponsor-wide assets have grown 10.9% since 2022 across 3 plan years on file. More Construction 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 136528181.

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.