Profit Sharing · DOL Form 5500 · 2022
Defined Contribution Plan of the Mid Jersey Trucking Industry and Team Profit Sharing Plan
Data updated 2026-08-11
- $13M
- Total assets
- 262
- Participants
- 70th
- Percentile by assets
- $49,749
- Avg per participant
Official DOL plan name: Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · Sponsored by Defined Contribution Plan of the Mid Jersey Trucking Industry and Team · New Jersey · Transportation & Warehousing
$13M in assets, 262 participants
Defined Contribution Plan of the Mid Jersey Trucking Industry and Team's Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported $13M in total assets and 262 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.
- 70th percentile by assets (of 139,126 plans)
- #2,777 in Transportation & Warehousing (3,876 peers)
Coverage in New Jersey
Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund covers 262 participants in New Jersey, about 31% of the average New Jersey filer (state average ~844 per filing). Assets: $13M.
- $13M
- total plan assets (2022 EOY)
- 262
- covered participants
- 70th
- percentile by assets (of 139,126 plans)
- $49,749
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reports 262 participants - about 31% of that state average ($13M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$1M |
| Employer EIN | 136043977 |
| Plan Effective Date | 1985-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Defined Contribution Plan of the Mid Jersey Trucking Industry and Team)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 419 | $345M |
| 2023 | 2 | 403 | $353M |
| 2024 | 2 | 284 | $347M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.2B · 2,189
- Princeton University Retirement Plan $1.8B · 8,141
- Operating Engineers Local 825 Profit Sharing Fund $1.3B · 10,006
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.3B · 8,556
- IBEW Local Union No 102 Surety Plan $593M · 3,061
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund assets move in 2022? ▼
How have Defined Contribution Plan of the Mid Jersey Trucking Industry and Team plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund? ▼
Next read for Defined Contribution Plan of the Mid-Jer…
Filing takeaways
Ways to act on Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's numbers.
- By total assets, Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Defined Contribution Plan of the Mid Jersey Trucking Industry and Team's sponsor-wide assets have grown 0.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans