New Jersey › Finance and insurance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Pension Fund United Scenic Artists Local 829
Sponsored by Board of Trustees of Pension Fund, Englewood Cliffs, NJ
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Board of Trustees of Pension Fund of Englewood Cliffs, New Jersey sponsors Pension Fund United Scenic Artists Local 829, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 4,874 participants (2,834 active) and $533M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $109,369 per participant, above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and below the $119,983 median for defined benefit plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $22.4M for the year ($7,915 per active participant) and benefits paid were $23.1M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 15 service provider organisations paid $5,000 or more, with reported compensation of $2.7M: $544 per participant, well above the same-size median of $325. Administrative expenses charged to the plan were $2.1M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $157M in 2009 to $533M in 2024 (up 240%), and participants from 2,927 to 4,874 (up 67%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $109,369 | $87,935 | $119,983 | $86,221 |
| Employer contributions per active participant | $7,915 | $10,593 | $7,849 | $10,244 |
| Schedule C compensation per participant | $544 | $325 | $352 | $344 |
| Schedule C compensation, share of net assets | 0.50% | 0.41% | 0.32% | 0.42% |
| Administrative expenses per participant | $430 | $513 | $433 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), finance and insurance (690) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 4,874 | $533M | $109,370 | $22.4M | — | $2.7M |
| 2023 | 4,586 | $487M | $106,165 | $15.7M | — | $2.4M |
| 2022 | 4,847 | $440M | $90,688 | $22.8M | — | $2.3M |
| 2021 | 4,125 | $492M | $119,371 | $19.2M | — | $2.0M |
| 2020 | 4,131 | $426M | $103,229 | $11.5M | — | $1.7M |
| 2019 | 4,293 | $387M | $90,136 | $19.5M | — | $1.8M |
| 2018 | 4,052 | $325M | $80,291 | $16.8M | — | $1.7M |
| 2017 | 3,846 | $334M | $86,788 | $14.8M | — | $1.7M |
| 2016 | 3,587 | $288M | $80,210 | $13.1M | — | $1.5M |
| 2015 | 3,327 | $266M | $79,998 | $12.2M | — | $1.5M |
| 2014 | 3,110 | $258M | $83,038 | $10.6M | — | $1.4M |
| 2013 | 3,002 | $246M | $81,809 | $9.9M | — | $1.5M |
| 2012 | 2,899 | $207M | $71,543 | $9.0M | — | $1.4M |
| 2011 | 2,769 | $183M | $66,044 | $8.2M | — | $1.1M |
| 2010 | 2,619 | $181M | $69,008 | $7.1M | — | $728K |
| 2009 | 2,927 | $157M | $53,585 | $7.3M | — | $624K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$486,870,669
- Employer contributions$22,430,820
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$22,430,820
- Total income, including investment results$71,414,665
- Benefits paid$23,124,652
- Administrative expenses$2,094,023
- Total expenses$25,218,675
- Net income$46,195,990
- Net transfers$0
- Net assets, end of year$533,066,659
Participants
- Active participants2,834
- Retired or separated, receiving benefits815
- Retired or separated, entitled to future benefits1,156
- Total participants, end of year4,874
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| JPMorgan Chase Bank, N.A. | Investment management; Investment advisory (plan); Trustee (discretionary) | $351,961 | $0 |
| Timessquare Capital Management, LLC | Investment management | $312,822 | $0 |
| Systematic Financial Management, LP | Investment management | $282,829 | $0 |
| Ullico Investment Advisors, Inc. | Investment management | $188,411 | $0 |
| The Segal Company | Actuarial | $177,328 | $0 |
| Zenith American Solutions | Contract Administrator | $152,448 | $0 |
| Partners Group USA , Inc. | Investment advisory (plan) | $132,622 | $0 |
| Income Research and Management | Investment management | $131,182 | $0 |
| Parametric Portfolio Associates LLC | Investment management | $129,937 | $0 |
| J.p.morgan Investment Management | Investment management; Investment advisory (plan) | $93,262 | $0 |
| Marquette Assoc. | Investment advisory (plan) | $90,000 | $0 |
| Morgan Stanley Aip GP LP | Investment management | $89,755 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$1,198,500
- Other administrative expenses$298,062
- Actuarial fees$177,328
- Contract administrator fees$152,448
- Legal fees$136,321
- Recordkeeping fees$50,178
- IQPA audit fees$43,500
- Trustee and custodial fees$33,330
- Other trustee fees and expenses$4,356
- Total administrative expenses$2,094,023
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$135M · 25.4%
- 103-12 investment entities$132M · 24.7%
- Partnership/joint venture interests$109M · 20.4%
- Corporate stocks$76.5M · 14.3%
- Common/collective trusts$67.0M · 12.6%
- Cash (interest and non-interest bearing)$13.0M · 2.4%
- Receivables$1.2M · 0.2%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmGould Kobrick & Schlapp PC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $2,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 525100: Insurance & Employee Benefit Funds.
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| UBS Financial Services Inc. Pension Plan | UBS Financial Services Inc. | 8,083 | $577M | $71,365 |
| PBF Energy Pension Plan | PBF Holding Company LLC | 4,492 | $427M | $94,951 |
| MetLife Retirement Plan | MetLife Group, Inc. | 13,404 | $7.53B | $561,939 |
| The Depository Trust & Clearing Corporation Retirement Plan | The Depository Trust & Clearing Corporation | 4,064 | $722M | $177,732 |
| The Prudential Merged Retirement Plan | The Prudential Insurance Company of America | 44,305 | $8.87B | $200,165 |
| UBS Pension Plan | UBS AG | 3,812 | $380M | $99,792 |
Defined benefit plans in finance and insurance closest in size.
Questions and answers
How big is Pension Fund United Scenic Artists Local 829?
4,874 participants at the end of the plan year ending 31 Dec 2024, of whom 2,834 were active employees, with net assets of $533,066,659. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Board of Trustees of Pension Fund contribute per participant?
The filing reports $22,430,820 in employer contributions for the year, which is $7,915 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $2,653,433 in compensation to service provider organisations, $544 per participant or 0.50% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $2,094,023. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees of Pension Fund. Recordkeeping or administration: Zenith American Solutions. Investment advisory or management: JPMorgan Chase Bank, N.A., Timessquare Capital Management, LLC and Systematic Financial Management, LP. Trustee or custodian: JPMorgan Chase Bank, N.A.. The financial statements were audited by Gould Kobrick & Schlapp PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-1982707, plan 001, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.