New Jersey › Retail trade › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Pension Plan of Local 464A
Sponsored by Pension Plan of Local 464A, Little Falls, 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.
Pension Plan of Local 464A is a defined benefit pension plan sponsored by Pension Plan of Local 464A of Little Falls, New Jersey. For the plan year ending 31 Dec 2025 it reported 22,307 participants, 8,568 of them active, and net assets of $1.44B. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $57,336 per participant in plan year 2024, well below the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and well above the $30,870 median for defined benefit plans in retail trade. 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 $11.6M for the year ($1,350 per active participant) and benefits paid were $44.5M. 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 9 service provider organisations paid $5,000 or more, with reported compensation of $4.0M: $179 per participant, well below the same-size median of $232. Administrative expenses charged to the plan were $5.7M. 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 $482M in 2009 to $1.44B in 2025 (up 199%), and participants from 16,810 to 22,307 (up 33%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $57,336 | $87,623 | $30,870 | $86,221 |
| Employer contributions per active participant | $1,589 | $9,468 | $2,829 | $10,244 |
| Schedule C compensation per participant | $173 | $232 | $165 | $344 |
| Schedule C compensation, share of net assets | 0.30% | 0.30% | 0.59% | 0.42% |
| Administrative expenses per participant | $240 | $396 | $310 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), retail trade (132) 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 |
|---|---|---|---|---|---|---|
| 2025 | 22,307 | $1.44B | $64,653 | $11.6M | — | $4.0M |
| 2024 | 21,542 | $1.24B | $57,336 | $11.6M | — | $3.7M |
| 2023 | 21,010 | $1.05B | $49,808 | $11.5M | — | $3.2M |
| 2022 | 20,801 | $906M | $43,538 | $11.1M | — | $3.4M |
| 2021 | 20,597 | $1.12B | $54,587 | $10.7M | — | $3.5M |
| 2020 | 21,151 | $950M | $44,893 | $11.3M | — | $2.8M |
| 2019 | 20,950 | $870M | $41,546 | $11.4M | — | $2.8M |
| 2017 | 20,530 | $813M | $39,597 | $10.1M | — | $2.8M |
| 2016 | 20,128 | $720M | $35,778 | $9.4M | — | $2.5M |
| 2015 | 19,954 | $693M | $34,721 | $8.8M | — | $1.9M |
| 2014 | 16,189 | $705M | $43,562 | $9.2M | — | $721K |
| 2013 | 15,502 | $669M | $43,187 | $9.0M | — | $651K |
| 2012 | 16,620 | $574M | $34,523 | $8.6M | — | $945K |
| 2011 | 16,083 | $514M | $31,937 | $8.8M | — | $1.3M |
| 2010 | 16,592 | $516M | $31,117 | $9.0M | — | $1.2M |
| 2009 | 16,810 | $482M | $28,675 | $8.8M | — | $1.1M |
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$1,235,131,694
- Employer contributions$11,564,748
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$11,564,748
- Total income, including investment results$257,219,484
- Benefits paid$44,476,337
- Administrative expenses$5,653,312
- Total expenses$50,129,649
- Net income$207,089,835
- Net transfers$0
- Net assets, end of year$1,442,221,529
Participants
- Active participants8,568
- Retired or separated, receiving benefits6,731
- Retired or separated, entitled to future benefits6,123
- Total participants, end of year22,307
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal Bank | Investment advisory (plan) | $1,507,991 | $0 |
| Stacey Braun Associates, Inc. | Investment management fees paid directly by plan | $1,327,413 | $0 |
| Merrill Lynch Pierce Fenner & Smith | Custodial (other than securities); Investment management; Securities brokerage | $617,901 | $0 |
| PNC Bank ,N.A. | Custodial (securities) | $231,145 | $0 |
| Murphy Anderson PLLC | Legal | $127,827 | $0 |
| Health Plan Systems, Inc. | Other services | $103,690 | $0 |
| Horizon Actuarial Services, LLC | Actuarial | $40,016 | $0 |
| Stokes Investment Consulting LLC | Investment management | $15,077 | $0 |
| Savasta & Co. | Actuarial | $15,006 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 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$3,684,450
- Other administrative expenses$1,968,862
- Total administrative expenses$5,653,312
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.
- Corporate stocks$1.24B · 85.7%
- U.S. Government securities$63.8M · 4.4%
- Cash (interest and non-interest bearing)$52.3M · 3.6%
- Registered investment companies (mutual funds)$41.5M · 2.9%
- Corporate debt instruments$40.0M · 2.8%
- Receivables$5.7M · 0.4%
- Real estate$2.7M · 0.2%
- Other investments$115K · 0.0%
- Buildings and other property used in plan operation$110K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmRosenberg Rich Baker Berman, P.A.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- 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 445110: Supermarkets and Other Grocery (except Convenience) Stores.
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| UFCW Local 1262 & Employers Pension Fund | Trustees UFCW Local 1262 Pension Fund | 25,701 | $999M | $38,856 |
| United Food & Commercial Workers Union Local 152 Retail Meat Pension Plan | Board of Trustees, United Food & Commercial Workers Union Local 152 | 9,885 | $486M | $49,160 |
| New York-New Jersey Amalgamated Pension Plan for Acme Employees | New York-New Jersey Amalgamated Pension Plan for Acme Employees | 5,913 | $225M | $38,006 |
| Local 360 Labor-Management Pension Fund | Local 360 Labor-Management Pension Fund | 5,228 | $158M | $30,270 |
| The Local 259 Pension Fund | Board of Trustees of the Local 259 Pensi Pension Fund | 4,481 | $142M | $31,616 |
| Local 365 UAW Pension Fund | Local 365 UAW Pension Fund | 3,052 | $211M | $69,134 |
Defined benefit plans in retail trade closest in size.
Questions and answers
How big is Pension Plan of Local 464A?
22,307 participants at the end of the plan year ending 31 Dec 2025, of whom 8,568 were active employees, with net assets of $1,442,221,529. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Pension Plan of Local 464A contribute per participant?
The filing reports $11,564,748 in employer contributions for the year, which is $1,350 per active participant; the median for plans of the same type and size was $9,468 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 $3,986,066 in compensation to service provider organisations, $179 per participant or 0.28% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $5,653,312. 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 Pension Plan of Local 464A. Investment advisory or management: Principal Bank, Merrill Lynch Pierce Fenner & Smith and Stokes Investment Consulting LLC. Trustee or custodian: Merrill Lynch Pierce Fenner & Smith and PNC Bank ,N.A.. The financial statements were audited by Rosenberg Rich Baker Berman, P.A.. 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 2025 to 31 Dec 2025, received by the Department of Labor on 29 Jul 2026. 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 22-6051600, plan 001, received 29 Jul 2026; 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.