Money Purchase · DOL Form 5500 · 2023

Teamsters Local 344 Sales and Service Industry Money Purchase Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
13
Participants Small participant base
24th
Percentile by assets National rank
$80,616
Avg per participant Below avg balance/head
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Official DOL plan name: Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan · Sponsored by Teamsters Local 344 Sales and Service Industry · Wisconsin · Other Services

$1M in assets, 13 participants

Teamsters Local 344 Sales and Service Industry's Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan reported $1M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 24th 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.

  • #3,816 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan ranks #3,816 of 7,857 2023 filers by assets (1915% of the sector average)-$1M for 13 participants.

#3,816
in Other Services (7,857 peers)
+7.4%
assets growth YoY

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan among the smaller filed plans by assets

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,048,003 24th percentile higher than 24% of 127,068 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 2023

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan reported net income rose from $61K in the plan year 2022 filing to $72K in the plan year 2023 filing.
  • Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan end-of-year assets rose from $976K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan reported participants fell from 14 in the plan year 2022 filing to 13 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 390146203 · Teamsters Local 344 Sales and Service Industry PY 2023 · Money Purchase

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan · $1M · 13 · 24th

  • PCT $1M
  • PCT 13
  • PCT 24th
  • PCT Money Purchase
  • PCT near Neil Strefling, P.C., Ept
  • PCT ind #3816

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 Other Services retirement plans → · Plans in Wisconsin →

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan in the asset neighbourhood

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay PlanTeamsters Local 344 Officers…$1MNeil Strefling, P.C., Ept$1MLynn Animal Hospital Pension PlanLynn Animal Hospital Pension…$1MTami Meyerson Money Purchase PlanTami Meyerson Money Purchase…$1MAmg & Associates, LLC Rollover-Only Money Purchase PlanAmg & Associates, LLC Rollov…$1M
End-of-year total assets ($M) among Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$976K
Net Assets (End of Year)$1M
Net Income$72K
Employer EIN390146203
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamsters Local 344 Sales and Service Industry)

Sponsor-wide plan assets over time

All Teamsters Local 344 Sales and Service Industry plans reported in each filing year

Latest sponsor-wide plan assets
$1M 9.965400547320924% vs 2022
2024 filing year
$0.95M$1M$1.05M$1.1M 202220232024 $0.98M $1.07M ▲ +9.2%
Year Plans Participants Total Assets
2022 1 14 $976K
2023 1 13 $1M
2024 1 13 $1M

Nearby Money Purchase Plans in Wisconsin

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan vs. nearby Money Purchase plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan, Total assets ($B): 0.001048003 · Participants: 13Teamsters Local 344 Officers, Business Agents & Employees Severance Pay PlanEmployees Retirement Plan of Marshfield Clinic, Total assets ($B): 1.327123781 · Participants: 9068Employees Retirement Plan of Marshfield ClinicTelephone and Data Systems, Inc. Pension Plan, Total assets ($B): 0.47124384 · Participants: 5421Telephone and Data Systems, Inc. Pension PlanNorth Central States Regional Council of Carpenters Supplemental Retirement Plan, Total assets ($B): 0.31081588 · Participants: 10094North Central States Regional Council of Carpenters Supplemental Retirement PlanAspirus, Inc. Frozen 401(a) Plan, Total assets ($B): 0.135366605 · Participants: 2354Aspirus, Inc. Frozen 401(a) PlanWisconsin Glaziers & Glassworkers Money Purchase Fund, Total assets ($B): 0.081012136 · Participants: 422Wisconsin Glaziers & Glassworkers Money Purchase Fund
Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan vs. nearby Money Purchase plans in Wisconsin, assets vs. participants
Compare Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan side-by-side with 3 peers →

Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan's out-of-state Money Purchase peers by assets and headcount

Outside Wisconsin, the nearest Money Purchase by assets is Neil Strefling, P.C., Ept in MI ($1M); by covered participants it is Retirement Plan of Cassandra M. Milbury 1940 Trust in PA (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Similar participant headcount

Nearest other-state filings by covered participants (13 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan assets move in 2023? ▼
Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan grew at a solid clip - up 7.4% during 2023, from $976K to $1M. Reported net income was $72K.
How have Teamsters Local 344 Sales and Service Industry plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Teamsters Local 344 Sales and Service Industry's sponsor-wide assets grew 10.0%, from $976K to $1M.
Where does Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan rank by assets among Form 5500 filers? ▼
Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan ranks in the 24th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Money Purchase plans are similar in size to Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan? ▼
Among Money Purchase plans in other states, the closest by assets is Neil Strefling, P.C., Ept in MI ($1M, 2 participants).
Which Money Purchase plans cover a similar participant headcount to Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is Retirement Plan of Cassandra M. Milbury 1940 Trust in PA (13 participants, $418K in assets).

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 390146203.

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.