Defined Benefit (Pension) · DOL Form 5500 · 2024

Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
N/A
Participants Small participant base
71st
Percentile by assets National rank
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Official DOL plan name: Employer Local No. 375 Pension Plan · Sponsored by Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant · New Jersey · Manufacturing

$21M in assets, N/A participants

Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant's Employer Local No. 375 Pension Plan reported $21M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #10,884 in Manufacturing (17,777 peers)

What the 2024 filing shows

Employer Local No. 375 Pension Plan holds $21M for N/A participants, above the median plan by assets.

#10,884
in Manufacturing (17,777 peers)
-1.0%
assets change YoY

The plan reported a net loss of $222K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Employer Local No. 375 Pension Plan's outsized position by total assets

Employer Local No. 375 Pension Plan vs every filed plan by assets

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

$21,259,434 Top 29% higher than 71% 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

  • Employer Local No. 375 Pension Plan reported net income rose from -$696K in the plan year 2023 filing to -$222K in the plan year 2024 filing.
  • Employer Local No. 375 Pension Plan end-of-year assets fell from $21M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 236542743 · Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant PY 2024 · Defined Benefit (Pension)

Employer Local No. 375 Pension Plan · $21M · N/A · 71st

  • TYPE $21M
  • NET N/A
  • BOOK 71st
  • VS-ST Defined Benefit (Pension)
  • BOY near Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan
  • SCH ind #10884

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 Manufacturing retirement plans → · Plans in New Jersey →

Employer Local No. 375 Pension Plan in the asset neighbourhood

Baker Botts L.L.P. Partner Cash Balance Retirement Plan-aBaker Botts L.L.P. Partner C…$21MEmployer Local No. 375 Pension PlanEmployer Local No. 375 Pensi…$21MPentair Pump Group, Inc. Bargaining Unit Employees Pension PlanPentair Pump Group, Inc. Bar…$21MBanco De La Nacion Argentina Retirement PlanBanco De La Nacion Argentina…$21MSba Cash Balance Pension Plan for Citizens & Farmers BankSba Cash Balance Pension Pla…$21M
End-of-year total assets ($M) among Employer Local No. 375 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$21M
Net Income-$222K
Employer EIN236542743
Plan Effective Date1956-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant)

Sponsor-wide plan assets over time

All Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant plans reported in each filing year

Latest sponsor-wide plan assets
$21M 4.150043891070793% vs 2022
2024 filing year
$21M$21.5M$22M$22.5M 202220232024 $22.2M $21.3M ▼ -4.1%
Year Plans Participants Total Assets
2022 1 N/A $22M
2023 1 N/A $21M
2024 1 N/A $21M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Employer Local No. 375 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Employer Local No. 375 Pension Plan, Total assets ($B): 0.021259434 · Participants: 0Employer Local No. 375 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
Employer Local No. 375 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Employer Local No. 375 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 Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan in MN at $21M (this filing: $21M).

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 Employer Local No. 375 Pension Plan assets move in 2024?
Employer Local No. 375 Pension Plan edged down modestly - down 1.0% during 2024, from $21M to $21M. Reported net income was -$222K.
How have Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant plan assets changed over time?
Across 3 plan years on file (2022-2024), Employer Local 375 Pension Plan C/O Beacon Administrators & Consultant's sponsor-wide assets declined 4.2%, from $22M to $21M.
Which Defined Benefit (Pension) plans are similar in size to Employer Local No. 375 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pentair Pump Group, Inc. Bargaining Unit Employees Pension Plan in MN ($21M, 208 participants).