Profit Sharing · DOL Form 5500 · 2023
Teamsters Local Union 500 Severance Trust Fund Board of Trustees Profit Sharing Plan
Data updated 2026-08-25
- $67M
- Total assets Below avg plan size
- 1,154
- Participants Near avg headcount
- 88th
- Percentile by assets National rank
- $58,046
- Avg per participant Low balance/head
Official DOL plan name: Teamsters Local Union 500 - Severance Trust Fund · Sponsored by Teamsters Local Union 500 Severance Trust Fund Board of Trustees · New Jersey · Transportation & Warehousing
$67M in assets, 1,154 participants
Teamsters Local Union 500 Severance Trust Fund Board of Trustees's Teamsters Local Union 500 - Severance Trust Fund reported $67M in total assets and 1,154 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.
- #2,895 in Transportation & Warehousing (3,362 peers)
Where Teamsters Local Union 500 - Severance Trust Fund sits by assets
Teamsters Local Union 500 - Severance Trust Fund sits in the top quartile of all filed plans by assets, $67M for 1,154 participants (~$58,046/participant), down 1.8% in 2023.
- #2,895
- in Transportation & Warehousing (3,362 peers)
- -1.8%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Teamsters Local Union 500 - Severance Trust Fund's outsized position by total assets
Teamsters Local Union 500 - Severance Trust Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$66,984,935 Top 12% higher than 88% 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 Union 500 - Severance Trust Fund's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local Union 500 - Severance Trust Fund lands in the large band (1,154 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Teamsters Local Union 500 - Severance Trust Fund reported net income rose from -$12M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- Teamsters Local Union 500 - Severance Trust Fund reported participants rose from 802 in the plan year 2022 filing to 1,154 in the plan year 2023 filing.
- Teamsters Local Union 500 - Severance Trust Fund end-of-year assets fell from $68M in the plan year 2022 filing to $67M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 237376385 · Teamsters Local Union 500 Severance Trust Fund Board of Trustees PY 2023 · Profit Sharing
Teamsters Local Union 500 - Severance Trust Fund · $67M · 1,154 · 88th
- BOOK $67M
- VS-ST 1,154
- BOY 88th
- SCH Profit Sharing
- EBSA near International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund
- PART ind #2895
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 Transportation & Warehousing retirement plans → · Plans in New Jersey →
Teamsters Local Union 500 - Severance Trust Fund in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $67M |
| Net Income | -$1M |
| Employer EIN | 237376385 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teamsters Local Union 500 Severance Trust Fund Board of Trustees)
Sponsor-wide plan assets over time
All Teamsters Local Union 500 Severance Trust Fund Board of Trustees plans reported in each filing year
- Latest sponsor-wide plan assets
- $69M 1.2609157570660696% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 802 | $68M |
| 2023 | 1 | 1,154 | $67M |
| 2024 | 1 | 918 | $69M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- 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
Teamsters Local Union 500 - Severance Trust Fund's out-of-state Profit Sharing peers by assets and headcount
Outside New Jersey, the nearest Profit Sharing by assets is International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund in CA ($67M); by covered participants it is Alivia Care, Inc. 403(b) Retirement Plan in FL (1,154 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($67M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,154 participants); asset peers above are excluded.
- Alivia Care, Inc. 403(b) Retirement Plan (FL) 1,154 · 0 off
- All Heart Home Care Agency, Inc. 401(k) Plan (NY) 1,156 · 2 off
- Sullivan Companies Retirement Trust (MA) 1,148 · 6 off
- Niagara Falls Memorial Medical Center Sponsored 403(b) Plan (NY) 1,160 · 6 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.