Defined Benefit (Pension) · DOL Form 5500 · 2024

Local No. 171 Pension Plan Pension Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
N/A
Participants Small participant base
24th
Percentile by assets National rank
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Official DOL plan name: Local No. 171 Pension Plan · Sponsored by Local No. 171 Pension Plan · New Jersey · Other Services

$1M in assets, N/A participants

Local No. 171 Pension Plan's Local No. 171 Pension Plan reported $1M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #3,685 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Local No. 171 Pension Plan ranks #3,685 of 7,719 2024 filers by assets (1884% of the sector average)-$1M for N/A participants.

#3,685
in Other Services (7,719 peers)
-31.3%
assets change YoY

The plan reported a net loss of $470K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local No. 171 Pension Plan among the smaller filed plans by assets

Local No. 171 Pension Plan vs every filed plan by assets

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

$1,065,548 24th percentile higher than 24% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local No. 171 Pension Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Local No. 171 Pension Plan reported net income rose from -$618K in the plan year 2023 filing to -$470K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 376155648 · Local No. 171 Pension Plan PY 2024 · Defined Benefit (Pension)

Local No. 171 Pension Plan · $1M · N/A · 24th

  • EIN $1M
  • RANK N/A
  • PHOTO 24th
  • IND Defined Benefit (Pension)
  • EOY near Vjk Prosperity Realty Cash Balance Plan
  • 5500 ind #3685

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 Other Services retirement plans → · Plans in New Jersey →

Local No. 171 Pension Plan in the asset neighbourhood

Local No. 171 Pension Plan$1MVjk Prosperity Realty Cash Balance PlanVjk Prosperity Realty Cash B…$1MCrs Capital Group LLC Cash Balance Pension PlanCrs Capital Group LLC Cash B…$1MHrl Pension Plan for Bargained EmployeesHrl Pension Plan for Bargain…$1MHutkin Law Firm, a Professional Corp Cash Balance PlanHutkin Law Firm, a Professio…$1M
End-of-year total assets ($M) among Local No. 171 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$470K
Employer EIN376155648
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local No. 171 Pension Plan)

Sponsor-wide plan assets over time

All Local No. 171 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$1M 50.63147628633844% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M$2.5M 202220232024 $2.16M $1.07M ▼ -50.5%
Year Plans Participants Total Assets
2022 1 N/A $2M
2023 1 N/A $2M
2024 1 N/A $1M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local No. 171 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local No. 171 Pension Plan, Total assets ($B): 0.001065548 · Participants: 0Local No. 171 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
Local No. 171 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local No. 171 Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New Jersey, the nearest Defined Benefit (Pension) by end-of-year assets is Vjk Prosperity Realty Cash Balance Plan in CA at $1M (this filing: $1M).

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 Local No. 171 Pension Plan assets move in 2024?
Local No. 171 Pension Plan contracted severely - down 31.3% during 2024, from $2M to $1M. Reported net income was -$470K.
How have Local No. 171 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Local No. 171 Pension Plan's sponsor-wide assets declined 50.6%, from $2M to $1M.
Where does Local No. 171 Pension Plan rank by assets among Form 5500 filers?
Local No. 171 Pension Plan ranks in the 24th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Local No. 171 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vjk Prosperity Realty Cash Balance Plan in CA ($1M, 3 participants).