Defined Benefit (Pension) · DOL Form 5500 · 2023

Teamsters Local 575 Pension Fund Pension Plan

Data updated 2026-08-25

$62K
Total assets Small plan by assets
N/A
Participants Small participant base
4th
Percentile by assets National rank
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Official DOL plan name: Teamsters Local 575 Pension Fund · Sponsored by Teamsters Local 575 Pension Fund · New Jersey · Retail Trade

$62K in assets, N/A participants

Teamsters Local 575 Pension Fund's Teamsters Local 575 Pension Fund reported $62K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 4th 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.

  • #560 in Retail Trade (8,414 peers)

What the 2023 filing shows

Teamsters Local 575 Pension Fund holds $62K for N/A participants, among the smaller plans by assets on file.

#560
in Retail Trade (8,414 peers)
-2.9%
assets change YoY

The plan reported a net loss of $165K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Teamsters Local 575 Pension Fund among the smaller filed plans by assets

Teamsters Local 575 Pension Fund vs every filed plan by assets

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

$61,897 4th percentile higher than 4% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Local 575 Pension Fund reported net income rose from -$180K in the plan year 2022 filing to -$165K in the plan year 2023 filing.
  • Teamsters Local 575 Pension Fund end-of-year assets fell from $64K in the plan year 2022 filing to $62K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 221921819 · Teamsters Local 575 Pension Fund PY 2023 · Defined Benefit (Pension)

Teamsters Local 575 Pension Fund · $62K · N/A · 4th

  • IND $62K
  • IND N/A
  • IND 4th
  • IND Defined Benefit (Pension)
  • IND near Psa-Ila Pension Plan
  • IND ind #560

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 Retail Trade retirement plans → · Plans in New Jersey →

Teamsters Local 575 Pension Fund in the asset neighbourhood

Greater St. Louis Service Employees' Pension TrustGreater St. Louis Service Em…$67KTeamsters Local 575 Pension FundTeamsters Local 575 Pension …$62KPsa-Ila Pension Plan$63KGraphic Communications Union Local 17m Pension Trust FundGraphic Communications Union…$65KInstitute of Nuclear Power Operations Pension PlanInstitute of Nuclear Power O…$59K
End-of-year total assets ($M) among Teamsters Local 575 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$64K
Net Assets (End of Year)-$1M
Net Income-$165K
Employer EIN221921819
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamsters Local 575 Pension Fund)

Sponsor-wide plan assets over time

All Teamsters Local 575 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$62K 2.701175584260669% vs 2022
2024 filing year
$0.06M 202220232024 $0.06M $0.06M ▲ +0.0%
Year Plans Participants Total Assets
2022 1 N/A $64K
2023 1 N/A $62K
2024 1 N/A $62K

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Teamsters Local 575 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Teamsters Local 575 Pension Fund, Total assets ($B): 0.000061897 · Participants: 0Teamsters Local 575 Pension FundRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Teamsters Local 575 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Teamsters Local 575 Pension Fund's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New Jersey, the nearest Defined Benefit (Pension) by end-of-year assets is Psa-Ila Pension Plan in MS at $63K (this filing: $62K).

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 575 Pension Fund assets move in 2023?
Teamsters Local 575 Pension Fund edged down modestly - down 2.9% during 2023, from $64K to $62K. Reported net income was -$165K.
How have Teamsters Local 575 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Teamsters Local 575 Pension Fund's sponsor-wide assets declined 2.7%, from $64K to $62K.
Where does Teamsters Local 575 Pension Fund rank by assets among Form 5500 filers?
Teamsters Local 575 Pension Fund ranks in the 4th 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 Defined Benefit (Pension) plans are similar in size to Teamsters Local 575 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Psa-Ila Pension Plan in MS ($63K, N/A participants).