Defined Benefit (Pension) · DOL Form 5500 · 2024

Local No. 863 Pension Plan Pension Plan

Data updated 2026-08-25

$366M
Total assets Above avg plan size
11
Participants Small participant base
96th
Percentile by assets National rank
$33.3M
Avg per participant High balance/head
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Official DOL plan name: Local No. 863 Pension Plan · Sponsored by Local No. 863 Pension Plan · New Jersey · Finance & Insurance

$366M in assets, 11 participants

Local No. 863 Pension Plan's Local No. 863 Pension Plan reported $366M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,027 in Finance & Insurance (8,549 peers)

Where Local No. 863 Pension Plan sits by assets

Local No. 863 Pension Plan sits in the top 5% of all filed plans by assets, $366M for 11 participants (~$33.3M/participant), down 0.7% in 2024.

#8,027
in Finance & Insurance (8,549 peers)
-0.7%
assets change YoY
3.7×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Local No. 863 Pension Plan's outsized position by total assets

Local No. 863 Pension Plan vs every filed plan by assets

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

$366,189,390 Top 4% higher than 96% 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 No. 863 Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local No. 863 Pension Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local No. 863 Pension Plan reported net income fell from $336M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Local No. 863 Pension Plan reported participants fell from 40 in the plan year 2023 filing to 11 in the plan year 2024 filing.
  • Local No. 863 Pension Plan end-of-year assets fell from $369M in the plan year 2023 filing to $366M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 221598194 · Local No. 863 Pension Plan PY 2024 · Defined Benefit (Pension)

Local No. 863 Pension Plan · $366M · 11 · 96th

  • EBSA $366M
  • PART 11
  • TYPE 96th
  • NET Defined Benefit (Pension)
  • BOOK near Golub Corporation Employees Retirement Plan
  • VS-ST ind #8027

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Local No. 863 Pension Plan in the asset neighbourhood

IBEW Local 683 Pension Fund Pension PlanIBEW Local 683 Pension Fund …$368MIuoe Local 30 Pension Fund$367MRetail Food Employers & Ufcw Local 711 PensionRetail Food Employers & Ufcw…$367MGolub Corporation Employees Retirement PlanGolub Corporation Employees …$366MLocal No. 863 Pension Plan$366M
End-of-year total assets ($M) among Local No. 863 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$369M
Net Assets (End of Year)$366M
Net Income-$3M
Employer EIN221598194
Plan Effective Date1956-01-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Local No. 863 Pension Plan)

Sponsor-wide plan assets over time

All Local No. 863 Pension Plan plans reported in each filing year

Latest sponsor-wide plan assets
$366M 1011.3190671277408% vs 2022
2024 filing year
$0M$200M$400M$600M 202220232024 $33M $366M ▲ +1011.4%
Year Plans Participants Total Assets
2022 1 40 $33M
2023 1 40 $369M
2024 1 11 $366M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Local No. 863 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Local No. 863 Pension Plan, Total assets ($B): 0.36618939 · Participants: 11Local No. 863 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. 863 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Local No. 863 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 Golub Corporation Employees Retirement Plan in NY ($366M); by covered participants it is Dougherty Dental Corporation Defined Benefit Pension Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($366M here).

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. 863 Pension Plan assets move in 2024?
Local No. 863 Pension Plan held essentially flat - down 0.7% during 2024, from $369M to $366M. Reported net income was -$3M.
How have Local No. 863 Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Local No. 863 Pension Plan's sponsor-wide assets grew 1011.3%, from $33M to $366M.
Where does Local No. 863 Pension Plan rank by assets among Form 5500 filers?
Local No. 863 Pension Plan ranks in the 96th 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 No. 863 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Golub Corporation Employees Retirement Plan in NY ($366M, 6,531 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Local No. 863 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Dougherty Dental Corporation Defined Benefit Pension Plan in CA (11 participants, $599K in assets).