Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund Pension Plan

Data updated 2026-08-25

$1.8B
Total assets Very large vs avg
7,491
Participants Very large workforce
99th
Percentile by assets National rank
$236,889
Avg per participant Above avg balance/head
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Official DOL plan name: Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · Sponsored by Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund · New Jersey · Construction

$1.8B in assets, 7,491 participants

Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported $1.8B in total assets and 7,491 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,971 in Construction (9,039 peers)

Coverage in New Jersey

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund covers 7,491 participants in New Jersey, 8.9x the typical New Jersey plan (state average ~844 per filing). Assets: $1.8B.

#8,971
in Construction (9,039 peers)
+8.0%
assets growth YoY
18×
vs typical plan assets (national mean)

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's outsized position by total assets

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs every filed plan by assets

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

$1,774,537,212 Top 1% higher than 99% 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

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund lands in the large band (7,491 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported net income fell from $242M in the plan year 2023 filing to $142M in the plan year 2024 filing.
  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund end-of-year assets rose from $1.6B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
  • Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reported participants rose from 7,170 in the plan year 2023 filing to 7,491 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 226032103 · Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund PY 2024 · Defined Benefit (Pension)

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund · $1.8B · 7,491 · 99th

  • EBSA $1.8B
  • EBSA 7,491
  • EBSA 99th
  • EBSA Defined Benefit (Pension)
  • EBSA near Entergy Corporation Retirement Plan for Non-Bargaining Employees
  • EBSA ind #8971

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 Construction retirement plans → · Plans in New Jersey →

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund in the asset neighbourhood

Olin Corporation Employees Pension PlanOlin Corporation Employees P…$1.8BIndiana/Kentucky/Ohio Regional Council of Carpenters Pension FundIndiana/Kentucky/Ohio Region…$1.8BHeavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension FundHeavy and General Laborers' …$1.8BEntergy Corporation Retirement Plan for Non-Bargaining EmployeesEntergy Corporation Retireme…$1.8BGciu - Employer Retirement Benefit PlanGciu - Employer Retirement B…$1.8B
End-of-year total assets ($B) among Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.8B
Net Income$142M
Employer EIN226032103
Plan Effective Date1953-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 28.27349744727178% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.38B $1.77B ▲ +28.3%
Year Plans Participants Total Assets
2022 1 7,124 $1.4B
2023 1 7,170 $1.6B
2024 1 7,491 $1.8B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund, Total assets ($B): 1.774537212 · Participants: 7491Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension FundRetirement 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
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund side-by-side with 3 peers →

Scale composition for Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund reports $1.8B in end-of-year assets across 7,491 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $236,889 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $142M.

This plan identity (EIN 226032103, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $1.8B (+28.3%) while covered participants moved from 7,124 to 7,491 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,124 $1.4B Open filing
2023 7,170 $1.6B Open filing
2024 · index core 7,491 $1.8B This page

Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Entergy Corporation Retirement Plan for Non-Bargaining Employees in LA ($1.8B); by covered participants it is Directors Guild of America-Producer Pension Plan Basic Benefit Plan in CA (7,530 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,491 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 Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund assets move in 2024? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund grew at a solid clip - up 8.0% during 2024, from $1.6B to $1.8B. Reported net income was $142M.
How have Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees H&gl Local Unions 472 & 172 of Nj Pension Fund's sponsor-wide assets grew 28.3%, from $1.4B to $1.8B.
Where does Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund rank by assets among Form 5500 filers? ▼
Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Entergy Corporation Retirement Plan for Non-Bargaining Employees in LA ($1.8B, 6,385 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Directors Guild of America-Producer Pension Plan Basic Benefit Plan in CA (7,530 participants, $2.5B in assets).

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 226032103.

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.