Money Purchase · DOL Form 5500 · 2022

Northern New Jersey Teamsters Benefit Plan Money Purchase Plan

Data updated 2026-08-11

$3M
Total assets
16
Participants
42nd
Percentile by assets
$206,793
Avg per participant
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Official DOL plan name: Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund · Sponsored by Northern New Jersey Teamsters Benefit Plan · New Jersey · Finance & Insurance

$3M in assets, 16 participants

Northern New Jersey Teamsters Benefit Plan's Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund reported $3M in total assets and 16 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.

  • 42nd percentile by assets (of 139,126 plans)
  • #2,657 in Finance & Insurance (9,261 peers)

Northern New Jersey Teamsters Benefit Plan multi-year trail

Northern New Jersey Teamsters Benefit Plan's plans moved +27.1% in assets from 2022 to 2024; this filing shows Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund at $3M / 16 participants.

$3M
total plan assets (2022 EOY)
16
covered participants
42nd
percentile by assets (of 139,126 plans)
$206,793
avg assets per participant

The plan reported a net loss of $451K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northern New Jersey Teamsters Benefit Plan across 3 plan years on file

Across the 3 plan years Northern New Jersey Teamsters Benefit Plan has on file (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 27.1%, while reported participants moved from 16 to 14 (-12.5%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($3M).

Northern New Jersey Teamsters Benefit Plan multi-year asset trail

$3M$3.5M$4M$4.5M 202220232024 $3.31M $4.2M ▲ +26.9%
Total plan assets by year, all Northern New Jersey Teamsters Benefit Plan plans on file
Year Plans Participants Total Assets
2022 1 16 $3M
2023 1 16 $4M
2024 1 14 $4M

Northern New Jersey Teamsters Benefit Plan filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$451K
Employer EIN226082349
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -20002004006008001000 Total assets ($M) Participants Northern New Jersey …Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…Plumbers & Pipefitte…
Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund by total assets, not by location.

Frequently Asked Questions

How did Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund assets move in 2022?
Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund pulled back noticeably - down 12.0% during 2022, from $4M to $3M. Reported net income was -$451K.
How have Northern New Jersey Teamsters Benefit Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Northern New Jersey Teamsters Benefit Plan's sponsor-wide assets grew 27.1%, from $3M to $4M.
Which Money Purchase plans are similar in size to Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund?
Among Money Purchase plans in other states, the closest by assets is San Pablo Pathology Group, Inc. Retirement Plan Series 94-999 in PR ($3M, 17 participants).

Next read for Northern New Jersey Teamsters Benefit Pl…

Multi-year trail

Ways to act on Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's numbers.

  • By total assets, Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Northern New Jersey Teamsters Benefit Plan's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Finance & Insurance plans