Defined Benefit (Pension) · DOL Form 5500 · 2022

Trustees of Teamsters Local 408 Pension and Welfare Funds Pension Plan

Data updated 2026-08-25

$93M
Total assets Below avg plan size
186
Participants Below avg headcount
92nd
Percentile by assets National rank
$501,226
Avg per participant High balance/head
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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.

  • #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.

#3,528
in Transportation & Warehousing (3,876 peers)
+4403.3%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Teamsters Local 408 Pension Plan's outsized position 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

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 408 Pension 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 408 Pension Plan sits mid-pack in the medium band (186 participants).

Form 5500 schedule snapshot

Filing strip 226172437 · Trustees of Teamsters Local 408 Pension and Welfare Funds PY 2022 · Defined Benefit (Pension)

Teamsters Local 408 Pension Plan · $93M · 186 · 92nd

  • IND $93M
  • EOY 186
  • 5500 92nd
  • ASSETS Defined Benefit (Pension)
  • PCT near Retirement Plan for Employees of Mississippi Lime Company
  • EIN ind #3528

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 New Jersey →

Teamsters Local 408 Pension Plan in the asset neighbourhood

Tropicana Products Defined Benefit PlanTropicana Products Defined B…$93MAltru Health System Cash Balance PlanAltru Health System Cash Bal…$93MDetroit Free Press, Inc. Newspaper Guild of Detroit Pension PlanDetroit Free Press, Inc. New…$93MTeamsters Local 408 Pension PlanTeamsters Local 408 Pension …$93MRetirement Plan for Employees of Mississippi Lime CompanyRetirement Plan for Employee…$93M
End-of-year total assets ($M) among Teamsters Local 408 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$93M
Net Income$92M
Employer EIN226172437
Plan Effective Date1961-03-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Teamsters Local 408 Pension and Welfare Funds)

Sponsor-wide plan assets over time

All Trustees of Teamsters Local 408 Pension and Welfare Funds plans reported in each filing year

Latest sponsor-wide plan assets
$108M 15.512081577056192% vs 2022
2024 filing year
$90M$95M$100M$105M$110M 202220232024 $93.2M $108M ▲ +15.5%
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 Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Teamsters Local 408 Pension Plan, Total assets ($B): 0.093227978 · Participants: 186Teamsters Local 408 Pension PlanRetirement Plan of Johnson and Johnson, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan for Associates
Teamsters Local 408 Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Teamsters Local 408 Pension Plan side-by-side with 3 peers →

Teamsters Local 408 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Mississippi Lime Company in MO ($93M); by covered participants it is Retirement Plan of First County Bank in CT (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 408 Pension Plan assets move in 2022? ▼
Teamsters Local 408 Pension Plan surged - up 4403.3% during 2022, from $2M to $93M. Reported net income was $92M.
How have Trustees of Teamsters Local 408 Pension and Welfare Funds plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees of Teamsters Local 408 Pension and Welfare Funds's sponsor-wide assets grew 15.5%, from $93M to $108M.
Where does Teamsters Local 408 Pension Plan rank by assets among Form 5500 filers? ▼
Teamsters Local 408 Pension Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Teamsters Local 408 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Mississippi Lime Company in MO ($93M, 198 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local 408 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan of First County Bank in CT (186 participants, $63M 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 226172437.

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.