Money Purchase · DOL Form 5500 · 2024

United Association Local 322 Annuity Fund Money Purchase Plan

Data updated 2026-08-11

$149M
Total assets
2,178
Participants
93rd
Percentile by assets
$68,209
Avg per participant
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Official DOL plan name: U a Local 322 Annuity Fund · Sponsored by United Association Local 322 Annuity Fund · New Jersey · Construction

$149M in assets, 2,178 participants

United Association Local 322 Annuity Fund's U a Local 322 Annuity Fund reported $149M in total assets and 2,178 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #8,268 in Construction (9,039 peers)

Coverage in New Jersey

U a Local 322 Annuity Fund covers 2,178 participants in New Jersey, 2.6x the typical New Jersey plan (state average ~844 per filing). Assets: $149M.

$149M
total plan assets (2024 EOY)
2,178
covered participants
93rd
percentile by assets (of 123,622 plans)
$68,209
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • U a Local 322 Annuity Fund reported net income fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • U a Local 322 Annuity Fund reported participants rose from 2,032 in the plan year 2023 filing to 2,178 in the plan year 2024 filing.
  • U a Local 322 Annuity Fund end-of-year assets rose from $140M in the plan year 2023 filing to $149M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. U a Local 322 Annuity Fund reports 2,178 participants - 2.6x that state average ($149M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$149M
Net Income$9M
Employer EIN222708962
Plan Effective Date1986-03-18
Filing StatusFILING RECEIVED

Sponsor Plan History (United Association Local 322 Annuity Fund)

$120M$130M$140M$150M$160M 202220232024 $130M $149M ▲ +14.3%
Total plan assets by year, all United Association Local 322 Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 2,032 $130M
2023 1 2,032 $140M
2024 1 2,178 $149M

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

U a Local 322 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

U a Local 322 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 00.511.522.53 Total assets ($B) Participants U a Local 322 Annuit…Princeton University…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…
U a Local 322 Annuity Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to U a Local 322 Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did U a Local 322 Annuity Fund assets move in 2024?
U a Local 322 Annuity Fund grew at a solid clip - up 6.4% during 2024, from $140M to $149M. Reported net income was $9M.
How have United Association Local 322 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), United Association Local 322 Annuity Fund's sponsor-wide assets grew 14.3%, from $130M to $149M.
Where does U a Local 322 Annuity Fund rank by assets among Form 5500 filers?
U a Local 322 Annuity Fund ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to U a Local 322 Annuity Fund?
Among Money Purchase plans in other states, the closest by assets is Mid-Atlantic States District Council Participating Locals Annuity Fund in VA ($149M, 6,604 participants).

Filing takeaways

Ways to act on U a Local 322 Annuity Fund's numbers.

  • By total assets, U a Local 322 Annuity Fund ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • United Association Local 322 Annuity Fund's sponsor-wide assets have grown 14.3% since 2022 across 3 plan years on file. More Construction plans