Defined Benefit (Pension) · DOL Form 5500 · 2022

Michigan Teamsters Joint Council 43 and Its Affiliates Pension Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
47
Participants Small participant base
51st
Percentile by assets National rank
$108,132
Avg per participant Below avg balance/head
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Official DOL plan name: Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates · Sponsored by Michigan Teamsters Joint Council 43 and Its Affiliates · Michigan · Other Services

$5M in assets, 47 participants

Michigan Teamsters Joint Council 43 and Its Affiliates's Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates reported $5M in total assets and 47 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #5,860 in Other Services (8,398 peers)

Michigan Teamsters Joint Council 43 and Its Affiliates multi-year trail

Michigan Teamsters Joint Council 43 and Its Affiliates's plans moved +22.1% in assets from 2022 to 2024; this filing shows Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates at $5M / 47 participants.

#5,860
in Other Services (8,398 peers)
-18.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates's mid-pack asset rank among Other Services and all filers

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs every filed plan by assets

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

$5,082,207 Top 49% higher than 51% 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

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates is a small filing (47 participants) on this national headcount ladder.

DOL schedule card

Filing strip 386304341 · Michigan Teamsters Joint Council 43 and Its Affiliates PY 2022 · Defined Benefit (Pension)

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates · $5M · 47 · 51st

  • ASSETS $5M
  • ASSETS 47
  • ASSETS 51st
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Heathary Resources, Inc. Retirement Plan
  • ASSETS ind #5860

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 Other Services retirement plans → · Plans in Michigan →

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates in the asset neighbourhood

Heathary Resources, Inc. Retirement PlanHeathary Resources, Inc. Ret…$5MRoofers and Slaters Local 248 Pension PlanRoofers and Slaters Local 24…$5MSeverance Pay Plan of Michigan Teamsters Joint Council 43 and Its AffiliatesSeverance Pay Plan of Michig…$5MPaulo Products Company Employees' Pension PlanPaulo Products Company Emplo…$5MBuffalo Spine Surgery, PLLC Defined Benefit Pension PlanBuffalo Spine Surgery, PLLC …$5M
End-of-year total assets ($M) among Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Michigan Teamsters Joint Council 43 and Its Affiliates multi-year asset trail

Sponsor-wide plan assets over time

All Michigan Teamsters Joint Council 43 and Its Affiliates plans reported in each filing year

Latest sponsor-wide plan assets
$6M 22.14835011639628% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M 202220232024 $5.08M $6.21M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 47 $5M
2023 1 49 $6M
2024 1 51 $6M

Michigan Teamsters Joint Council 43 and Its Affiliates filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN386304341
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates, Total assets ($B): 0.005082207 · Participants: 47Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its AffiliatesGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Heathary Resources, Inc. Retirement Plan in TX ($5M); by covered participants it is Pension Plan for Hourly Employees of Neville Chemical Company in PA (47 participants). Same-state nearby plans are listed separately above.

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 Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates assets move in 2022?
Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates declined sharply - down 18.6% during 2022, from $6M to $5M. Reported net income was -$1M.
How have Michigan Teamsters Joint Council 43 and Its Affiliates plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Teamsters Joint Council 43 and Its Affiliates's sponsor-wide assets grew 22.1%, from $5M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Heathary Resources, Inc. Retirement Plan in TX ($5M, 5 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Hourly Employees of Neville Chemical Company in PA (47 participants, $23M in assets).