Defined Benefit (Pension) · DOL Form 5500 · 2022
Board of Trustees Teamsters Local 641 Pension Fund Pension Plan
Data updated 2026-08-11
- $568M
- Total assets
- 453
- Participants
- 98th
- Percentile by assets
- $1.3M
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $568M
- total plan assets (2022 EOY)
- 453
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $1.3M
- avg assets per participant
Teamsters Local 641 Pension Fund vs the 2022 asset distribution
By assets, Teamsters Local 641 Pension Fund outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $553M |
| Net Income | $561M |
| Employer EIN | 226220288 |
| Plan Effective Date | 1974-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Teamsters Local 641 Pension Fund)
| 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
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Teamsters Local 641 Pension Fund by total assets, not by location.
- Schneider Electric Pension Plan (IL) $568M · 1,810
- Local 295 I.B.T. Employer Group Pension Trust Fund (NY) $568M · 1,518
- Local 817 Ibt Pension Fund (NY) $566M · 1,354
- Standard Retirement Plan - Home Office Personnel (OR) $570M · 596
Frequently Asked Questions
How did Teamsters Local 641 Pension Fund assets move in 2022? ▼
How have Board of Trustees Teamsters Local 641 Pension Fund plan assets changed over time? ▼
Where does Teamsters Local 641 Pension Fund rank by assets among Form 5500 filers? ▼
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Next read for Teamsters Local 641 Pension Fund
Scale reading
Ways to act on Teamsters Local 641 Pension Fund's numbers.
- By total assets, Teamsters Local 641 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Board of Trustees Teamsters Local 641 Pension Fund's sponsor-wide assets have declined 1.0% since 2022 across 3 plan years on file. More Transportation & Warehousing plans