401(k) · DOL Form 5500 · 2022

Trustees Teamsters Local 346 Savings & 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
225
Participants Below avg headcount
80th
Percentile by assets National rank
$104,535
Avg per participant Below avg balance/head
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Official DOL plan name: Teamsters Local 346 Savings & 401(k) Plan · Sponsored by Trustees Teamsters Local 346 Savings & 401(k) Plan · Minnesota · Transportation & Warehousing

$24M in assets, 225 participants

Trustees Teamsters Local 346 Savings & 401(k) Plan's Teamsters Local 346 Savings & 401(k) Plan reported $24M in total assets and 225 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #3,082 in Transportation & Warehousing (3,876 peers)

Coverage in Minnesota

Teamsters Local 346 Savings & 401(k) Plan covers 225 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $24M.

#3,082
in Transportation & Warehousing (3,876 peers)
-16.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Teamsters Local 346 Savings & 401(k) Plan's outsized position by total assets

Teamsters Local 346 Savings & 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$23,520,473 Top 20% higher than 80% of 139,123 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 2022

Teamsters Local 346 Savings & 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local 346 Savings & 401(k) Plan sits mid-pack in the medium band (225 participants).

Published 5500 schedule card

Filing strip 411872921 · Trustees Teamsters Local 346 Savings & 401(k) Plan PY 2022 · 401(k)

Teamsters Local 346 Savings & 401(k) Plan · $24M · 225 · 80th

  • 5500 $24M
  • 5500 225
  • 5500 80th
  • 5500 401(k)
  • 5500 near Ultralife Corporation 401(k) Plan
  • 5500 ind #3082

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 Transportation & Warehousing retirement plans → · Plans in Minnesota →

Teamsters Local 346 Savings & 401(k) Plan in the asset neighbourhood

Teamsters Local 346 Savings & 401(k) PlanTeamsters Local 346 Savings …$24MUltralife Corporation 401(k) PlanUltralife Corporation 401(k)…$24MPointe Precision, Inc. 401(k) Savings PlanPointe Precision, Inc. 401(k…$24MM & K Employee Services Inc. 401(k) PlanM & K Employee Services Inc.…$24MArrowhead Central Credit Union 401(k) PlanArrowhead Central Credit Uni…$24M
End-of-year total assets ($M) among Teamsters Local 346 Savings & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$24M
Net Income-$5M
Employer EIN411872921
Plan Effective Date1997-04-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees Teamsters Local 346 Savings & 401(k) Plan)

Sponsor-wide plan assets over time

All Trustees Teamsters Local 346 Savings & 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$30M 25.690724842140717% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.5M $29.6M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 225 $24M
2023 1 214 $27M
2024 1 312 $30M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Teamsters Local 346 Savings & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Teamsters Local 346 Savings & 401(k) Plan, Total assets ($B): 0.023520473 · Participants: 225Teamsters Local 346 Savings & 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Teamsters Local 346 Savings & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Teamsters Local 346 Savings & 401(k) Plan side-by-side with 3 peers →

Teamsters Local 346 Savings & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ultralife Corporation 401(k) Plan in NY ($24M); by covered participants it is Combs Concrete Construction Company 401(k) Plan in NC (225 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (225 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Teamsters Local 346 Savings & 401(k) Plan assets move in 2022? ▼
Teamsters Local 346 Savings & 401(k) Plan declined sharply - down 16.1% during 2022, from $28M to $24M. Reported net income was -$5M.
How have Trustees Teamsters Local 346 Savings & 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees Teamsters Local 346 Savings & 401(k) Plan's sponsor-wide assets grew 25.7%, from $24M to $30M.
Where does Teamsters Local 346 Savings & 401(k) Plan rank by assets among Form 5500 filers? ▼
Teamsters Local 346 Savings & 401(k) Plan ranks in the 80th 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 401(k) plans are similar in size to Teamsters Local 346 Savings & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ultralife Corporation 401(k) Plan in NY ($24M, 207 participants).
Which 401(k) plans cover a similar participant headcount to Teamsters Local 346 Savings & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Combs Concrete Construction Company 401(k) Plan in NC (225 participants, $113K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411872921.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.