Defined Benefit (Pension) · DOL Form 5500 · 2024

Local 68 Engineers Union Pension Fund Board of Trustees Pension Plan

Data updated 2026-08-25

$462M
Total assets Above avg plan size
2,298
Participants Above avg headcount
97th
Percentile by assets National rank
$200,995
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Local 68 Engineers Union Pension Plan · Sponsored by Local 68 Engineers Union Pension Fund Board of Trustees · New Jersey · Administrative & Support Services

$462M in assets, 2,298 participants

Local 68 Engineers Union Pension Fund Board of Trustees's Local 68 Engineers Union Pension Plan reported $462M in total assets and 2,298 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #4,303 in Administrative & Support Services (4,368 peers)

Coverage in New Jersey

Local 68 Engineers Union Pension Plan covers 2,298 participants in New Jersey, 2.7x the typical New Jersey plan (state average ~844 per filing). Assets: $462M.

#4,303
in Administrative & Support Services (4,368 peers)
+5.8%
assets growth YoY
4.6×
vs typical plan assets (national mean)

Local 68 Engineers Union Pension Plan's outsized position by total assets

Local 68 Engineers Union Pension Plan vs every filed plan by assets

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

$461,887,593 Top 3% higher than 97% 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

Local 68 Engineers Union Pension Plan'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. Local 68 Engineers Union Pension Plan lands in the large band (2,298 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 68 Engineers Union Pension Plan reported net income rose from $22M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Local 68 Engineers Union Pension Plan end-of-year assets rose from $436M in the plan year 2023 filing to $462M in the plan year 2024 filing.
  • Local 68 Engineers Union Pension Plan reported participants fell from 2,310 in the plan year 2023 filing to 2,298 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 510176618 · Local 68 Engineers Union Pension Fund Board of Trustees PY 2024 · Defined Benefit (Pension)

Local 68 Engineers Union Pension Plan · $462M · 2,298 · 97th

  • EOY $462M
  • EOY 2,298
  • EOY 97th
  • EOY Defined Benefit (Pension)
  • EOY near Painters District Council No. 30 Pension Fund
  • EOY ind #4303

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 Administrative & Support Services retirement plans → · Plans in New Jersey →

Local 68 Engineers Union Pension Plan in the asset neighbourhood

Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Florida Inc.Non-Contributory Retirement …$463MLocal 68 Engineers Union Pension PlanLocal 68 Engineers Union Pen…$462MPainters District Council No. 30 Pension FundPainters District Council No…$461MSteamfitters Industry Pension FundSteamfitters Industry Pensio…$461MUnited Food & Commercial Workers Union Local 880 - Retail Food Employers Joint Pension FundUnited Food & Commercial Wor…$461M
End-of-year total assets ($M) among Local 68 Engineers Union Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$436M
Net Assets (End of Year)$462M
Net Income$25M
Employer EIN510176618
Plan Effective Date1956-01-31
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Local 68 Engineers Union Pension Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$462M 11.444996834903613% vs 2022
2024 filing year
$400M$420M$440M$460M$480M 202220232024 $414M $462M ▲ +11.4%
Year Plans Participants Total Assets
2022 1 2,293 $414M
2023 1 2,310 $436M
2024 1 2,298 $462M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local 68 Engineers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local 68 Engineers Union Pension Plan, Total assets ($B): 0.461887593 · Participants: 2298Local 68 Engineers Union 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 68 Engineers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local 68 Engineers Union Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Painters District Council No. 30 Pension Fund in IL ($461M); by covered participants it is Iron Workers District Council of New England Pension Fund in MA (2,297 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,298 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 Local 68 Engineers Union Pension Plan assets move in 2024?
Local 68 Engineers Union Pension Plan grew at a solid clip - up 5.8% during 2024, from $436M to $462M. Reported net income was $25M.
How have Local 68 Engineers Union Pension Fund Board of Trustees plan assets changed over time?
Across 3 plan years on file (2022-2024), Local 68 Engineers Union Pension Fund Board of Trustees's sponsor-wide assets grew 11.4%, from $414M to $462M.
Where does Local 68 Engineers Union Pension Plan rank by assets among Form 5500 filers?
Local 68 Engineers Union Pension Plan ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Local 68 Engineers Union Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Painters District Council No. 30 Pension Fund in IL ($461M, 959 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local 68 Engineers Union Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iron Workers District Council of New England Pension Fund in MA (2,297 participants, $683M in assets).