Profit Sharing · DOL Form 5500 · 2022

Teamsters Local 676 Employers Annuity Fund Profit Sharing Plan

Data updated 2026-08-11

$39M
Total assets
668
Participants
86th
Percentile by assets
$57,798
Avg per participant
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Official DOL plan name: Teamsters Local 676 and Employers Annuity Fund · Sponsored by Teamsters Local 676 Employers Annuity Fund · New Jersey · Construction

$39M in assets, 668 participants

Teamsters Local 676 Employers Annuity Fund's Teamsters Local 676 and Employers Annuity Fund reported $39M in total assets and 668 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #8,349 in Construction (9,927 peers)

Where Teamsters Local 676 and Employers Annuity Fund sits by assets

Teamsters Local 676 and Employers Annuity Fund sits in the top quartile of all filed plans by assets, $39M for 668 participants (~$57,798/participant), down 12.9% in 2022.

$39M
total plan assets (2022 EOY)
668
covered participants
86th
percentile by assets (of 139,126 plans)
$57,798
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Teamsters Local 676 and Employers Annuity Fund vs the 2022 asset distribution

By assets, Teamsters Local 676 and Employers Annuity Fund outranks 86% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$39M
Net Income-$6M
Employer EIN226477476
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamsters Local 676 Employers Annuity Fund)

$35M$40M$45M$50M$55M 202220232024 $38.6M $50.5M ▲ +30.7%
Total plan assets by year, all Teamsters Local 676 Employers Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 668 $39M
2023 1 519 $46M
2024 1 325 $50M

Nearby Profit Sharing Plans in New Jersey

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

Teamsters Local 676 and Employers Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Teamsters Local 676 and Employers Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050001000015000 -0.500.511.522.5 Total assets ($B) Participants Teamsters Local 676 …Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Teamsters Local 676 and Employers Annuity 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 676 and Employers Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Teamsters Local 676 and Employers Annuity Fund assets move in 2022?
Teamsters Local 676 and Employers Annuity Fund pulled back noticeably - down 12.9% during 2022, from $44M to $39M. Reported net income was -$6M.
How have Teamsters Local 676 Employers Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Teamsters Local 676 Employers Annuity Fund's sponsor-wide assets grew 30.7%, from $39M to $50M.
Where does Teamsters Local 676 and Employers Annuity Fund rank by assets among Form 5500 filers?
Teamsters Local 676 and Employers Annuity Fund ranks in the 86th 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 676 and Employers Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Heifer International 403(b) Plan in AR ($39M, 228 participants).

Next read for Teamsters Local 676 and Employers Annuit…

Scale reading

Ways to act on Teamsters Local 676 and Employers Annuity Fund's numbers.

  • By total assets, Teamsters Local 676 and Employers Annuity 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 676 Employers Annuity Fund's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans