Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Teamsters Local 641 Pension Fund Pension Plan

Data updated 2026-08-25

$568M
Total assets Above avg plan size
453
Participants Below avg headcount
98th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Teamsters Local 641 Pension Fund · Sponsored by Board of Trustees Teamsters Local 641 Pension Fund · New Jersey · Transportation & Warehousing

$568M in assets, 453 participants

Board of Trustees Teamsters Local 641 Pension Fund's Teamsters Local 641 Pension Fund reported $568M in total assets and 453 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #3,766 in Transportation & Warehousing (3,876 peers)

Where Teamsters Local 641 Pension Fund sits by assets

Teamsters Local 641 Pension Fund sits in the top 5% of all filed plans by assets, $568M for 453 participants (~$1.3M/participant), up 11593.0% in 2022.

#3,766
in Transportation & Warehousing (3,876 peers)
+11593.0%
assets growth YoY
5.7×
vs typical plan assets (national mean)

Teamsters Local 641 Pension Fund's outsized position by total assets

Teamsters Local 641 Pension Fund vs every filed plan by assets

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

$567,786,067 Top 2% higher than 98% 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 641 Pension Fund 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 641 Pension Fund sits mid-pack in the medium band (453 participants).

DOL schedule card

Filing strip 226220288 · Board of Trustees Teamsters Local 641 Pension Fund PY 2022 · Defined Benefit (Pension)

Teamsters Local 641 Pension Fund · $568M · 453 · 98th

  • PHOTO $568M
  • PHOTO 453
  • PHOTO 98th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Schneider Electric Pension Plan
  • PHOTO ind #3766

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 641 Pension Fund in the asset neighbourhood

Standard Retirement Plan - Home Office PersonnelStandard Retirement Plan - H…$570MLocal 295 I.B.T. Employer Group Pension Trust FundLocal 295 I.B.T. Employer Gr…$568MSchneider Electric Pension PlanSchneider Electric Pension P…$568MTeamsters Local 641 Pension FundTeamsters Local 641 Pension …$568MLocal 817 Ibt Pension Fund$566M
End-of-year total assets ($M) among Teamsters Local 641 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$553M
Net Income$561M
Employer EIN226220288
Plan Effective Date1974-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Teamsters Local 641 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Teamsters Local 641 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$562M 1.032463693759502% vs 2022
2024 filing year
$560M$565M$570M 202220232024 $568M $562M ▼ -1.0%
Year Plans Participants Total Assets
2022 1 453 $568M
2023 1 404 $569M
2024 1 313 $562M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Local 641 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Teamsters Local 641 Pension Fund, Total assets ($B): 0.567786067 · Participants: 453Teamsters Local 641 Pension FundRetirement 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 641 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Teamsters Local 641 Pension Fund side-by-side with 3 peers →

Teamsters Local 641 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Schneider Electric Pension Plan in IL ($568M); by covered participants it is Sheet Metal Workers Local No.20 Gary Area Pension in MI (453 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($568M here).

Similar participant headcount

Nearest other-state filings by covered participants (453 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 641 Pension Fund assets move in 2022? ▼
Teamsters Local 641 Pension Fund surged - up 11593.0% during 2022, from $5M to $568M. Reported net income was $561M.
How have Board of Trustees Teamsters Local 641 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Teamsters Local 641 Pension Fund's sponsor-wide assets declined 1.0%, from $568M to $562M.
Where does Teamsters Local 641 Pension Fund rank by assets among Form 5500 filers? ▼
Teamsters Local 641 Pension Fund ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Teamsters Local 641 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Schneider Electric Pension Plan in IL ($568M, 1,810 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local 641 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Local No.20 Gary Area Pension in MI (453 participants, $90M 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 226220288.

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.