Profit Sharing · DOL Form 5500 · 2022

Teamsters Local Union 331 Severance Trust Fund Profit Sharing Plan

Data updated 2026-08-11

$31M
Total assets
453
Participants
83rd
Percentile by assets
$68,828
Avg per participant
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Official DOL plan name: Teamsters Local Union 331 Severance Trust Fund · Sponsored by Teamsters Local Union 331 Severance Trust Fund · New Jersey · Wholesale Trade

$31M in assets, 453 participants

Teamsters Local Union 331 Severance Trust Fund's Teamsters Local Union 331 Severance Trust Fund reported $31M in total assets and 453 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 139,126 plans)
  • #5,686 in Wholesale Trade (6,843 peers)

Where Teamsters Local Union 331 Severance Trust Fund sits by assets

Teamsters Local Union 331 Severance Trust Fund sits in the top quartile of all filed plans by assets, $31M for 453 participants (~$68,828/participant), down 4.2% in 2022.

$31M
total plan assets (2022 EOY)
453
covered participants
83rd
percentile by assets (of 139,126 plans)
$68,828
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Teamsters Local Union 331 Severance Trust Fund vs the 2022 asset distribution

By assets, Teamsters Local Union 331 Severance Trust Fund outranks 83% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$31M
Net Income-$1M
Employer EIN236737793
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamsters Local Union 331 Severance Trust Fund)

$30M$32M$34M$36M$38M 202220232024 $31.2M $36M ▲ +15.6%
Total plan assets by year, all Teamsters Local Union 331 Severance Trust Fund plans on file
Year Plans Participants Total Assets
2022 1 453 $31M
2023 1 459 $33M
2024 1 458 $36M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Teamsters Local Unio…Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local Union 331 Severance Trust Fund by total assets, not by location.

Frequently Asked Questions

How did Teamsters Local Union 331 Severance Trust Fund assets move in 2022?
Teamsters Local Union 331 Severance Trust Fund edged down modestly - down 4.2% during 2022, from $33M to $31M. Reported net income was -$1M.
How have Teamsters Local Union 331 Severance Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets grew 15.6%, from $31M to $36M.
Where does Teamsters Local Union 331 Severance Trust Fund rank by assets among Form 5500 filers?
Teamsters Local Union 331 Severance Trust Fund ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Teamsters Local Union 331 Severance Trust Fund?
Among Profit Sharing plans in other states, the closest by assets is Healthtexas Medical Group 401(k) Profit Sharing Plan in TX ($31M, 402 participants).

Next read for Teamsters Local Union 331 Severance Trus…

Scale reading

Ways to act on Teamsters Local Union 331 Severance Trust Fund's numbers.

  • By total assets, Teamsters Local Union 331 Severance Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
  • Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Wholesale Trade plans