Defined Benefit (Pension) · DOL Form 5500 · 2024

South Jersey Industries, Inc. Pension Plan

Data updated 2026-08-25

$125M
Total assets Near avg plan size
71
Participants Small participant base
92nd
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. · Sponsored by South Jersey Industries, Inc. · New Jersey · Management of Enterprises

$125M in assets, 71 participants

South Jersey Industries, Inc.'s Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. reported $125M in total assets and 71 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #893 in Management of Enterprises (1,133 peers)

Where Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. sits by assets

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. sits in the top 10% of all filed plans by assets, $125M for 71 participants (~$1.8M/participant), down 1.6% in 2024.

#893
in Management of Enterprises (1,133 peers)
-1.6%
assets change YoY
1.3×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.'s outsized position by total assets

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. vs every filed plan by assets

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

$124,903,516 Top 8% higher than 92% 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

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. is a small filing (71 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. reported net income fell from $14M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. reported participants fell from 82 in the plan year 2023 filing to 71 in the plan year 2024 filing.
  • Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. end-of-year assets fell from $127M in the plan year 2023 filing to $125M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 221901645 · South Jersey Industries, Inc. PY 2024 · Defined Benefit (Pension)

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. · $125M · 71 · 92nd

  • NET $125M
  • NET 71
  • NET 92nd
  • NET Defined Benefit (Pension)
  • NET near Beer Industry - Local Union No. 703 Pension Fund
  • NET ind #893

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. in the asset neighbourhood

Nbt Bancorp Inc. Defined Benefit Pension PlanNbt Bancorp Inc. Defined Ben…$125MRetirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.Retirement Plan for Bargaini…$125MBeer Industry - Local Union No. 703 Pension FundBeer Industry - Local Union …$125MThe Gates Group Retirement PlanThe Gates Group Retirement P…$125MDresser, LLC Consolidated Salaried Retirement PlanDresser, LLC Consolidated Sa…$125M
End-of-year total assets ($M) among Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$124M
Net Income-$2M
Employer EIN221901645
Plan Effective Date1982-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Jersey Industries, Inc.)

Sponsor-wide plan assets over time

All South Jersey Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$535M 11.163945260975707% vs 2022
2024 filing year
$460M$480M$500M$520M$540M$560M 202220232024 $482M $535M ▲ +11.2%
Year Plans Participants Total Assets
2022 4 1,587 $482M
2023 4 1,559 $513M
2024 4 1,527 $535M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc., Total assets ($B): 0.124903516 · Participants: 71Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.Retirement 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
Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Beer Industry - Local Union No. 703 Pension Fund in IL ($125M); by covered participants it is The Retirement Plan of Dime Bank in CT (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 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 Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. assets move in 2024?
Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. edged down modestly - down 1.6% during 2024, from $127M to $125M. Reported net income was -$2M.
How have South Jersey Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), South Jersey Industries, Inc.'s sponsor-wide assets grew 11.2%, from $482M to $535M.
Where does Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. rank by assets among Form 5500 filers?
Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc. ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Beer Industry - Local Union No. 703 Pension Fund in IL ($125M, 681 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Bargaining Unit Employees of South Jersey Industries, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Plan of Dime Bank in CT (71 participants, $48M in assets).