Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Local 456 Annuity Fund Profit Sharing Plan

Data updated 2026-08-06

$233M
Total assets: 1,619
Participants: 95th
Percentile by assets: $143,839
Avg per participant

Official DOL plan name: Teamsters Local 456 Annuity Fund · Sponsored by Board of Trustees Local 456 Annuity Fund · New York · Transportation & Warehousing

$233M in assets, 1,619 participants

Board of Trustees Local 456 Annuity Fund's Teamsters Local 456 Annuity Fund reported $233M in total assets and 1,619 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 126,618 plans)
#3,129 in Transportation & Warehousing (3,344 peers)

Coverage in New York

Teamsters Local 456 Annuity Fund covers 1,619 participants in New York, 2.0x the typical New York plan (state average ~795 per filing). Assets: $233M.

$233M
total plan assets (2023 EOY): 1,619
covered participants: 95th
percentile by assets (of 126,618 plans): $143,839
avg assets per participant

Teamsters Local 456 Annuity Fund reported net income rose from -$41M in the plan year 2022 filing to $19M in the plan year 2023 filing.
Teamsters Local 456 Annuity Fund end-of-year assets rose from $212M in the plan year 2022 filing to $233M in the plan year 2023 filing.
Teamsters Local 456 Annuity Fund reported participants fell from 1,783 in the plan year 2022 filing to 1,619 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Transportation & Warehousing

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Teamsters Local 456 Annuity Fund reports 1,619 participants - 2.0x that state average ($233M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$212M
Net Assets (End of Year)	$222M
Net Income	$19M
Employer EIN	136889226
Plan Effective Date	1987-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Local 456 Annuity Fund)

Total plan assets by year, all Board of Trustees Local 456 Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,783	$212M
2023	1	1,619	$233M
2024	1	1,635	$254M

Nearby Profit Sharing Plans in New York

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

Teamsters Local 456 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare Teamsters Local 456 Annuity Fund side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local 456 Annuity Fund by total assets, not by location.

New Jersey Building Laborers Statewide Annuity Fund (NJ) $233M · 7,335
Cc Industries and Affiliates Profit Sharing Plan for Salaried Employees (IL) $233M · 309
Retirement Wealth Builder Plan for Business Services Staff of Pwc (FL) $231M · 4,716
Central Illinois Carpenters Retirement Savings Fun (IL) $230M · 2,998

Frequently Asked Questions

How did Teamsters Local 456 Annuity Fund assets move in 2023? ▼

Teamsters Local 456 Annuity Fund grew at a solid clip - up 9.7% during 2023, from $212M to $233M. Reported net income was $19M.

How have Board of Trustees Local 456 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Local 456 Annuity Fund's sponsor-wide assets grew 19.8%, from $212M to $254M.

Where does Teamsters Local 456 Annuity Fund rank by assets among Form 5500 filers? ▼

Teamsters Local 456 Annuity Fund ranks in the 95th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Teamsters Local 456 Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is New Jersey Building Laborers Statewide Annuity Fund in NJ ($233M, 7,335 participants).

Next read for Teamsters Local 456 Annuity Fund

Filing takeaways

Ways to act on Teamsters Local 456 Annuity Fund's numbers.

By total assets, Teamsters Local 456 Annuity Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Board of Trustees Local 456 Annuity Fund's sponsor-wide assets have grown 19.8% since 2022 across 3 plan years on file. More Transportation & Warehousing 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 136889226.