Money Purchase · DOL Form 5500 · 2024

Local 68 Engineers Union Annuity Fund Board of Trustees Money Purchase Plan

Data updated 2026-08-11

$971M
Total assets
5,385
Participants
98th
Percentile by assets
$180,367
Avg per participant
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Official DOL plan name: Local 68 Engineers Union Annuity Plan · Sponsored by Local 68 Engineers Union Annuity Fund Board of Trustees · New Jersey · Administrative & Support Services

$971M in assets, 5,385 participants

Local 68 Engineers Union Annuity Fund Board of Trustees's Local 68 Engineers Union Annuity Plan reported $971M in total assets and 5,385 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #4,340 in Administrative & Support Services (4,368 peers)

Coverage in New Jersey

Local 68 Engineers Union Annuity Plan covers 5,385 participants in New Jersey, 6.4x the typical New Jersey plan (state average ~844 per filing). Assets: $971M.

$971M
total plan assets (2024 EOY)
5,385
covered participants
98th
percentile by assets (of 123,622 plans)
$180,367
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 68 Engineers Union Annuity Plan reported net income rose from $42M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Local 68 Engineers Union Annuity Plan end-of-year assets rose from $919M in the plan year 2023 filing to $971M in the plan year 2024 filing.
  • Local 68 Engineers Union Annuity Plan reported participants rose from 5,196 in the plan year 2023 filing to 5,385 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Local 68 Engineers Union Annuity Plan reports 5,385 participants - 6.4x that state average ($971M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$919M
Net Assets (End of Year)$971M
Net Income$58M
Employer EIN226289939
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 68 Engineers Union Annuity Fund Board of Trustees)

$850M$900M$950M$1,000M 202220232024 $871M $971M ▲ +11.5%
Total plan assets by year, all Local 68 Engineers Union Annuity Fund Board of Trustees plans on file
Year Plans Participants Total Assets
2022 1 5,455 $871M
2023 1 5,196 $919M
2024 1 5,385 $971M

Nearby Money Purchase Plans in New Jersey

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

Local 68 Engineers Union Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Local 68 Engineers Union Annuity Plan 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 Local 68 Engineers U…Princeton University…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Local 68 Engineers Union Annuity Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Scale composition for Local 68 Engineers Union Annuity Plan

Local 68 Engineers Union Annuity Plan reports $971M in end-of-year assets across 5,385 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $180,367 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2024 was $58M.

This plan identity (EIN 226289939, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $871M to $971M (+11.5%) while covered participants moved from 5,455 to 5,385 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,455 $871M Open filing
2023 5,196 $919M Open filing
2024 · index core 5,385 $971M This page

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Local 68 Engineers Union Annuity Plan by total assets, not by location.

Frequently Asked Questions

How did Local 68 Engineers Union Annuity Plan assets move in 2024?
Local 68 Engineers Union Annuity Plan grew at a solid clip - up 5.7% during 2024, from $919M to $971M. Reported net income was $58M.
How have Local 68 Engineers Union Annuity Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 68 Engineers Union Annuity Fund Board of Trustees's sponsor-wide assets grew 11.5%, from $871M to $971M.
Where does Local 68 Engineers Union Annuity Plan rank by assets among Form 5500 filers?
Local 68 Engineers Union Annuity Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Money Purchase plans are similar in size to Local 68 Engineers Union Annuity Plan?
Among Money Purchase plans in other states, the closest by assets is Excavators Union Local 731 Annuity Fund in NY ($953M, 6,236 participants).

Filing takeaways

Ways to act on Local 68 Engineers Union Annuity Plan's numbers.