Defined Benefit (Pension) · DOL Form 5500 · 2023
Teamsters Local 418 Pension Fund Pension Plan
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 108
- Participants Small participant base
- 36th
- Percentile by assets National rank
- $28,462
- Avg per participant Low balance/head
Official DOL plan name: Teamsters Local 418 Pension Plan · Sponsored by Teamsters Local 418 Pension Fund · New Jersey · Other Services
$3M in assets, 108 participants
Teamsters Local 418 Pension Fund's Teamsters Local 418 Pension Plan reported $3M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.
- #4,703 in Other Services (7,857 peers)
Coverage in New Jersey
Teamsters Local 418 Pension Plan covers 108 participants in New Jersey, about 13% of the average New Jersey filer (state average ~844 per filing). Assets: $3M.
- #4,703
- in Other Services (7,857 peers)
- +11.4%
- assets growth YoY
Teamsters Local 418 Pension Plan's mid-pack asset rank among Other Services and all filers
Teamsters Local 418 Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$3,073,903 36th percentile higher than 36% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Teamsters Local 418 Pension Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local 418 Pension Plan sits mid-pack in the medium band (108 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Teamsters Local 418 Pension Plan reported net income rose from -$642K in the plan year 2022 filing to $313K in the plan year 2023 filing.
- Teamsters Local 418 Pension Plan reported participants rose from 94 in the plan year 2022 filing to 108 in the plan year 2023 filing.
- Teamsters Local 418 Pension Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 226128536 · Teamsters Local 418 Pension Fund PY 2023 · Defined Benefit (Pension)
Teamsters Local 418 Pension Plan · $3M · 108 · 36th
- RANK $3M
- PHOTO 108
- IND 36th
- EOY Defined Benefit (Pension)
- 5500 near Symphony Management Cash Balance Plan
- ASSETS ind #4703
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 New Jersey →
Teamsters Local 418 Pension Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $313K |
| Employer EIN | 226128536 |
| Plan Effective Date | 1968-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teamsters Local 418 Pension Fund)
Sponsor-wide plan assets over time
All Teamsters Local 418 Pension Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 20.38408065592346% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 94 | $3M |
| 2023 | 1 | 108 | $3M |
| 2024 | 1 | 97 | $3M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Teamsters Local 418 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Symphony Management Cash Balance Plan in FL ($3M); by covered participants it is Southern Connecticut Vascular Center Cash Balance Plan in CT (108 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (108 participants); asset peers above are excluded.
- Southern Connecticut Vascular Center Cash Balance Plan (CT) 108 · 0 off
- National Federation of Independent Business Retirement Plan (TN) 108 · 0 off
- Electralloy Melt Shop, Production and Maintenance Employees Pension Plan (PA) 108 · 0 off
- Silgan White Cap Basic Non-Contributory Hourly Pension Plan (CA) 108 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.