Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Teamsters Local 945 Pension Fund Pension Plan

Data updated 2026-08-11

$91M
Total assets
365
Participants
92nd
Percentile by assets
$250,387
Avg per participant
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Official DOL plan name: Teamsters Employers Local 945 Pension Fund · Sponsored by Board of Trustees Teamsters Local 945 Pension Fund · New Jersey · Transportation & Warehousing

$91M in assets, 365 participants

Board of Trustees Teamsters Local 945 Pension Fund's Teamsters Employers Local 945 Pension Fund reported $91M in total assets and 365 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)
  • #3,522 in Transportation & Warehousing (3,876 peers)

Coverage in New Jersey

Teamsters Employers Local 945 Pension Fund covers 365 participants in New Jersey, about 43% of the average New Jersey filer (state average ~844 per filing). Assets: $91M.

$91M
total plan assets (2022 EOY)
365
covered participants
92nd
percentile by assets (of 139,126 plans)
$250,387
avg assets per participant

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Teamsters Employers Local 945 Pension Fund sits by total assets

Teamsters Employers Local 945 Pension Fund vs every filed plan by assets

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

$91,391,245 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Teamsters Employers Local 945 Pension Fund reports 365 participants - about 43% of that state average ($91M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$91M
Net Income-$16M
Employer EIN226196388
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Teamsters Local 945 Pension Fund)

$90M$95M$100M$105M 202220232024 $91.4M $100M ▲ +9.6%
Total plan assets by year, all Board of Trustees Teamsters Local 945 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 365 $91M
2023 1 353 $95M
2024 1 386 $100M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Employers Local 945 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Teamsters Employers …, Total assets ($B): 0.091391245 · Participants: 365Teamsters Employers …Retirement Plan of J…, Total assets ($B): 19.833052673 · Participants: 38100Retirement Plan of J…JPMorgan Chase Retir…, Total assets ($B): 14.820156855 · Participants: 102340JPMorgan Chase Retir…Nokia Retirement Inc…, Total assets ($B): 14.495801 · Participants: 7413Nokia Retirement Inc…The Prudential Merge…, Total assets ($B): 12.277296822 · Participants: 17538The Prudential Merge…Verizon Pension Plan…, Total assets ($B): 10.941506503 · Participants: 25746Verizon Pension Plan…
Teamsters Employers Local 945 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Teamsters Employers Local 945 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Teamsters Employers Local 945 Pension Fund assets move in 2022?
Teamsters Employers Local 945 Pension Fund declined sharply - down 15.1% during 2022, from $108M to $91M. Reported net income was -$16M.
How have Board of Trustees Teamsters Local 945 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Teamsters Local 945 Pension Fund's sponsor-wide assets grew 9.6%, from $91M to $100M.
Where does Teamsters Employers Local 945 Pension Fund rank by assets among Form 5500 filers?
Teamsters Employers Local 945 Pension Fund 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 Employers Local 945 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Peterbilt Nashville - Local 1832 UAW Retirement in WA ($91M, N/A participants).

Next read for Teamsters Employers Local 945 Pension Fu…

Filing takeaways

Ways to act on Teamsters Employers Local 945 Pension Fund's numbers.