Profit Sharing · DOL Form 5500 · 2022
Teamsters Local Union 500 Severance Trust Fund Board of Trustees Profit Sharing Plan
Data updated 2026-08-11
- $68M
- Total assets
- 802
- Participants
- 90th
- Percentile by assets
- $85,030
- Avg per participant
Official DOL plan name: Teamsters Local Union 500 - Severance Trust Fund · Sponsored by Teamsters Local Union 500 Severance Trust Fund Board of Trustees · New Jersey · Transportation & Warehousing
$68M in assets, 802 participants
Teamsters Local Union 500 Severance Trust Fund Board of Trustees's Teamsters Local Union 500 - Severance Trust Fund reported $68M in total assets and 802 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 139,126 plans)
- #3,443 in Transportation & Warehousing (3,876 peers)
Where Teamsters Local Union 500 - Severance Trust Fund sits by assets
Teamsters Local Union 500 - Severance Trust Fund sits in the top 10% of all filed plans by assets, $68M for 802 participants (~$85,030/participant), down 15.0% in 2022.
- $68M
- total plan assets (2022 EOY)
- 802
- covered participants
- 90th
- percentile by assets (of 139,126 plans)
- $85,030
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Teamsters Local Union 500 - Severance Trust Fund vs the 2022 asset distribution
By assets, Teamsters Local Union 500 - Severance Trust Fund outranks 90% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $80M |
|---|---|
| Net Assets (End of Year) | $68M |
| Net Income | -$12M |
| Employer EIN | 237376385 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teamsters Local Union 500 Severance Trust Fund Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 802 | $68M |
| 2023 | 1 | 1,154 | $67M |
| 2024 | 1 | 918 | $69M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Teamsters Local Union 500 - Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Teamsters Local Union 500 - Severance Trust Fund by total assets, not by location.
Frequently Asked Questions
How did Teamsters Local Union 500 - Severance Trust Fund assets move in 2022? ▼
How have Teamsters Local Union 500 Severance Trust Fund Board of Trustees plan assets changed over time? ▼
Where does Teamsters Local Union 500 - Severance Trust Fund rank by assets among Form 5500 filers? ▼
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Ways to act on Teamsters Local Union 500 - Severance Trust Fund's numbers.
- By total assets, Teamsters Local Union 500 - Severance Trust Fund ranks in the top 10% 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 500 Severance Trust Fund Board of Trustees's sponsor-wide assets have grown 1.3% since 2022 across 3 plan years on file. More Transportation & Warehousing plans