Profit Sharing · DOL Form 5500 · 2023

Teamsters Local 676 Employers Annuity Fu Profit Sharing Plan

Data updated 2026-08-11

$46M
Total assets: 519
Participants: 85th
Percentile by assets: $88,521
Avg per participant

Official DOL plan name: Teamsters Local 676 and Employers Annuity Fund · Sponsored by Teamsters Local 676 Employers Annuity Fu · New Jersey · Construction

$46M in assets, 519 participants

Teamsters Local 676 Employers Annuity Fu's Teamsters Local 676 and Employers Annuity Fund reported $46M in total assets and 519 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

85th percentile by assets (of 127,072 plans)
#7,450 in Construction (9,030 peers)

Where Teamsters Local 676 and Employers Annuity Fund sits by assets

Teamsters Local 676 and Employers Annuity Fund sits in the top quartile of all filed plans by assets, $46M for 519 participants (~$88,521/participant), up 19.0% in 2023.

$46M
total plan assets (2023 EOY): 519
covered participants: 85th
percentile by assets (of 127,072 plans): $88,521
avg assets per participant

Teamsters Local 676 and Employers Annuity Fund reported net income rose from -$6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Teamsters Local 676 and Employers Annuity Fund reported participants fell from 668 in the plan year 2022 filing to 519 in the plan year 2023 filing.
Teamsters Local 676 and Employers Annuity Fund end-of-year assets rose from $39M in the plan year 2022 filing to $46M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Construction

Teamsters Local 676 and Employers Annuity Fund vs the 2023 asset distribution

By assets, Teamsters Local 676 and Employers Annuity Fund outranks 85% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$39M
Net Assets (End of Year)	$46M
Net Income	$7M
Employer EIN	226477476
Plan Effective Date	1989-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Teamsters Local 676 Employers Annuity Fu)

Total plan assets by year, all Teamsters Local 676 Employers Annuity Fu plans on file

Year	Plans	Participants	Total Assets
2022	1	668	$39M
2023	1	519	$46M
2024	1	325	$50M

Nearby Profit Sharing Plans in New Jersey

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

Teamsters Local 676 and Employers Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

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

Compare Teamsters Local 676 and Employers Annuit… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local 676 and Employers Annuity Fund by total assets, not by location.

Fluor Puerto Rico Salaried Employees Retirement Plan (PR) $46M · 115
Lake Charles Memorial Health System Retirement Plan (LA) $46M · 2,003
Gerber/Taylor Capital Advisors Profit Sharing Plan (TN) $46M · 40
Golden Valley Health Centers Retirement Plan (CA) $46M · 1,058

Frequently Asked Questions

How did Teamsters Local 676 and Employers Annuity Fund assets move in 2023? ▼

Teamsters Local 676 and Employers Annuity Fund grew sharply - up 19.0% during 2023, from $39M to $46M. Reported net income was $7M.

How have Teamsters Local 676 Employers Annuity Fu plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Teamsters Local 676 Employers Annuity Fu's sponsor-wide assets grew 30.7%, from $39M to $50M.

Where does Teamsters Local 676 and Employers Annuity Fund rank by assets among Form 5500 filers? ▼

Teamsters Local 676 and Employers Annuity Fund ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Teamsters Local 676 and Employers Annuity Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Fluor Puerto Rico Salaried Employees Retirement Plan in PR ($46M, 115 participants).

Next read for Teamsters Local 676 and Employers Annuit…

Scale reading

Ways to act on Teamsters Local 676 and Employers Annuity Fund's numbers.

By total assets, Teamsters Local 676 and Employers Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
Teamsters Local 676 Employers Annuity Fu's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction 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 226477476.