Defined Benefit (Pension) · DOL Form 5500 · 2022
Trustees of Teamsters Local 408 Pension and Welfare Funds Pension Plan
Data updated 2026-08-11
- $93M
- Total assets
- 186
- Participants
- 92nd
- Percentile by assets
- $501,226
- Avg per participant
Official DOL plan name: Teamsters Local 408 Pension Plan · Sponsored by Trustees of Teamsters Local 408 Pension and Welfare Funds · New Jersey · Transportation & Warehousing
$93M in assets, 186 participants
Trustees of Teamsters Local 408 Pension and Welfare Funds's Teamsters Local 408 Pension Plan reported $93M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 139,126 plans)
- #3,528 in Transportation & Warehousing (3,876 peers)
Coverage in New Jersey
Teamsters Local 408 Pension Plan covers 186 participants in New Jersey, about 22% of the average New Jersey filer (state average ~844 per filing). Assets: $93M.
- $93M
- total plan assets (2022 EOY)
- 186
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $501,226
- avg assets per participant
Where Teamsters Local 408 Pension Plan sits by total assets
Teamsters Local 408 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$93,227,978 Top 8% higher than 92% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Teamsters Local 408 Pension Plan reports 186 participants - about 22% of that state average ($93M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $93M |
| Net Income | $92M |
| Employer EIN | 226172437 |
| Plan Effective Date | 1961-03-06 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees of Teamsters Local 408 Pension and Welfare Funds)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 186 | $93M |
| 2023 | 1 | 189 | $104M |
| 2024 | 1 | 183 | $108M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Teamsters Local 408 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Teamsters Local 408 Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Teamsters Local 408 Pension Plan assets move in 2022? ▼
How have Trustees of Teamsters Local 408 Pension and Welfare Funds plan assets changed over time? ▼
Where does Teamsters Local 408 Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Teamsters Local 408 Pension Plan? ▼
Next read for Teamsters Local 408 Pension Plan
Filing takeaways
Ways to act on Teamsters Local 408 Pension Plan's numbers.
- By total assets, Teamsters Local 408 Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Trustees of Teamsters Local 408 Pension and Welfare Funds's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans