Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees - Teamsters Local 11 Pension Fund Pension Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
426
Participants Below avg headcount
89th
Percentile by assets National rank
$176,487
Avg per participant Above avg balance/head
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Official DOL plan name: Teamsters Local 11 Pension Fund · Sponsored by Board of Trustees - Teamsters Local 11 Pension Fund · New Jersey · Finance & Insurance

$75M in assets, 426 participants

Board of Trustees - Teamsters Local 11 Pension Fund's Teamsters Local 11 Pension Fund reported $75M in total assets and 426 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,383 in Finance & Insurance (8,869 peers)

Where Teamsters Local 11 Pension Fund sits by assets

Teamsters Local 11 Pension Fund sits in the top quartile of all filed plans by assets, $75M for 426 participants (~$176,487/participant), up 6.7% in 2023.

#7,383
in Finance & Insurance (8,869 peers)
+6.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Teamsters Local 11 Pension Fund's outsized position by total assets

Teamsters Local 11 Pension Fund vs every filed plan by assets

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

$75,183,503 Top 11% higher than 89% 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

Teamsters Local 11 Pension Fund 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 11 Pension Fund sits mid-pack in the medium band (426 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Local 11 Pension Fund reported net income rose from -$8M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Teamsters Local 11 Pension Fund end-of-year assets rose from $70M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Teamsters Local 11 Pension Fund reported participants rose from 401 in the plan year 2022 filing to 426 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 226172223 · Board of Trustees - Teamsters Local 11 Pension Fund PY 2023 · Defined Benefit (Pension)

Teamsters Local 11 Pension Fund · $75M · 426 · 89th

  • PHOTO $75M
  • PHOTO 426
  • PHOTO 89th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank
  • PHOTO ind #7383

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Teamsters Local 11 Pension Fund in the asset neighbourhood

Teamsters Local 11 Pension FundTeamsters Local 11 Pension F…$75MSbera Pension Plan as Adopted by Salem Five Cents Savings BankSbera Pension Plan as Adopte…$75MLiquor Salesmen's Union Local 2 Pension FundLiquor Salesmen's Union Loca…$75MDes Moines Iron Workers Pension TrustDes Moines Iron Workers Pens…$75MPainters Local Union 802 Retirement PlanPainters Local Union 802 Ret…$75M
End-of-year total assets ($M) among Teamsters Local 11 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$75M
Net Income$5M
Employer EIN226172223
Plan Effective Date1966-08-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Teamsters Local 11 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees - Teamsters Local 11 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$78M 10.237312351434445% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $70.5M $77.7M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 401 $70M
2023 1 426 $75M
2024 1 388 $78M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Local 11 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Teamsters Local 11 Pension Fund, Total assets ($B): 0.075183503 · Participants: 426Teamsters Local 11 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 11 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Teamsters Local 11 Pension Fund side-by-side with 3 peers →

Teamsters Local 11 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank in MA ($75M); by covered participants it is Laborers Local 231 Pension Plan in IL (426 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (426 participants); asset peers above are excluded.

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 11 Pension Fund assets move in 2023? ▼
Teamsters Local 11 Pension Fund grew at a solid clip - up 6.7% during 2023, from $70M to $75M. Reported net income was $5M.
How have Board of Trustees - Teamsters Local 11 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees - Teamsters Local 11 Pension Fund's sponsor-wide assets grew 10.2%, from $70M to $78M.
Where does Teamsters Local 11 Pension Fund rank by assets among Form 5500 filers? ▼
Teamsters Local 11 Pension Fund ranks in the 89th 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 Defined Benefit (Pension) plans are similar in size to Teamsters Local 11 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sbera Pension Plan as Adopted by Salem Five Cents Savings Bank in MA ($75M, 106 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local 11 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Laborers Local 231 Pension Plan in IL (426 participants, $113M in assets).

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 226172223.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.