Defined Benefit (Pension) · DOL Form 5500 · 2024
Wwec Local 863 Pension Plan Pension Plan
Data updated 2026-08-11
- $202M
- Total assets
- 776
- Participants
- 94th
- Percentile by assets
- $260,310
- Avg per participant
Official DOL plan name: Wwec Local 863 Pension Plan · Sponsored by Wwec Local 863 Pension Plan · New Jersey · Finance & Insurance
$202M in assets, 776 participants
Wwec Local 863 Pension Plan's Wwec Local 863 Pension Plan reported $202M in total assets and 776 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #7,774 in Finance & Insurance (8,549 peers)
Where Wwec Local 863 Pension Plan sits by assets
Wwec Local 863 Pension Plan sits in the top 10% of all filed plans by assets, $202M for 776 participants (~$260,310/participant), up 6.6% in 2024.
- $202M
- total plan assets (2024 EOY)
- 776
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $260,310
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wwec Local 863 Pension Plan reported net income fell from $20M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Wwec Local 863 Pension Plan end-of-year assets rose from $190M in the plan year 2023 filing to $202M in the plan year 2024 filing.
- Wwec Local 863 Pension Plan reported participants fell from 817 in the plan year 2023 filing to 776 in the plan year 2024 filing.
Wwec Local 863 Pension Plan vs the 2024 asset distribution
By assets, Wwec Local 863 Pension Plan outranks 94% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $190M |
|---|---|
| Net Assets (End of Year) | $202M |
| Net Income | $12M |
| Employer EIN | 263541447 |
| Plan Effective Date | 2008-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wwec Local 863 Pension Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 820 | $170M |
| 2023 | 1 | 817 | $190M |
| 2024 | 1 | 776 | $202M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Wwec Local 863 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Wwec Local 863 Pension Plan by total assets, not by location.
- Central Iowa Carpenters Pension Plan (MN) $202M · 862
- Plumbers & Pipefitters Local No 189 Pension Plan (OH) $202M · 982
- Unite Here Health Staff Pension Plan (IL) $202M · 397
- United Asso Journeymen & Apprnc Pension Fund (FL) $201M · 810
Frequently Asked Questions
How did Wwec Local 863 Pension Plan assets move in 2024? ▼
How have Wwec Local 863 Pension Plan plan assets changed over time? ▼
Where does Wwec Local 863 Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Wwec Local 863 Pension Plan
Scale reading
Ways to act on Wwec Local 863 Pension Plan's numbers.
- By total assets, Wwec Local 863 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Wwec Local 863 Pension Plan's sponsor-wide assets have grown 19.0% since 2022 across 3 plan years on file. More Finance & Insurance plans