Profit Sharing · DOL Form 5500 · 2023

Teamsters Local Union 331 Severance Trust Fund Profit Sharing Plan

Data updated 2026-08-11

$33M
Total assets: 459
Participants: 81st
Percentile by assets: $72,378
Avg per participant

Official DOL plan name: Teamsters Local Union 331 Severance Trust Fund · Sponsored by Teamsters Local Union 331 Severance Trust Fund · New Jersey · Wholesale Trade

$33M in assets, 459 participants

Teamsters Local Union 331 Severance Trust Fund's Teamsters Local Union 331 Severance Trust Fund reported $33M in total assets and 459 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

81st percentile by assets (of 127,072 plans)
#5,067 in Wholesale Trade (6,309 peers)

Where Teamsters Local Union 331 Severance Trust Fund sits by assets

Teamsters Local Union 331 Severance Trust Fund sits in the top quartile of all filed plans by assets, $33M for 459 participants (~$72,378/participant), up 6.6% in 2023.

$33M
total plan assets (2023 EOY): 459
covered participants: 81st
percentile by assets (of 127,072 plans): $72,378
avg assets per participant

Teamsters Local Union 331 Severance Trust Fund reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Teamsters Local Union 331 Severance Trust Fund end-of-year assets rose from $31M in the plan year 2022 filing to $33M in the plan year 2023 filing.
Teamsters Local Union 331 Severance Trust Fund reported participants rose from 453 in the plan year 2022 filing to 459 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Wholesale Trade

Teamsters Local Union 331 Severance Trust Fund vs the 2023 asset distribution

By assets, Teamsters Local Union 331 Severance Trust Fund outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$31M
Net Assets (End of Year)	$33M
Net Income	$2M
Employer EIN	236737793
Plan Effective Date	1981-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Teamsters Local Union 331 Severance Trust Fund)

Total plan assets by year, all Teamsters Local Union 331 Severance Trust Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	453	$31M
2023	1	459	$33M
2024	1	458	$36M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
IBEW Local Union No 102 Surety Plan $637M · 2,283
Kpmg Partner Retirement Savings Plan $529M · 1,895

Compare Teamsters Local Union 331 Severance Trus… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local Union 331 Severance Trust Fund by total assets, not by location.

Construction Industry Laborers Supplemental Medica and Retiree Targeted Fund (MO) $33M · 2,691
Community Medical Centers, Inc. 403(b) Retirement Plan (CA) $33M · 997
Autobody Products, Inc. Profit Sharing Plan (PA) $33M · 138
Pathology Associates, P.C. Profit Sharing Plan and Trust (AL) $33M · 42

Frequently Asked Questions

How did Teamsters Local Union 331 Severance Trust Fund assets move in 2023? ▼

Teamsters Local Union 331 Severance Trust Fund grew at a solid clip - up 6.6% during 2023, from $31M to $33M. Reported net income was $2M.

How have Teamsters Local Union 331 Severance Trust Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets grew 15.6%, from $31M to $36M.

Where does Teamsters Local Union 331 Severance Trust Fund rank by assets among Form 5500 filers? ▼

Teamsters Local Union 331 Severance Trust Fund ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Teamsters Local Union 331 Severance Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Construction Industry Laborers Supplemental Medica and Retiree Targeted Fund in MO ($33M, 2,691 participants).

Next read for Teamsters Local Union 331 Severance Trus…

Scale reading

Ways to act on Teamsters Local Union 331 Severance Trust Fund's numbers.

By total assets, Teamsters Local Union 331 Severance Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 236737793.