Defined Benefit (Pension) · DOL Form 5500 · 2023

Employer - Teamsters Local Nos 175&505 Pension Trust Fund Pension Plan

Data updated 2026-08-25

$420M
Total assets Above avg plan size
1,453
Participants Near avg headcount
97th
Percentile by assets National rank
$289,005
Avg per participant High balance/head
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Official DOL plan name: Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund · Sponsored by Employer - Teamsters Local Nos 175&505 Pension Trust Fund · West Virginia · Transportation & Warehousing

$420M in assets, 1,453 participants

Employer - Teamsters Local Nos 175&505 Pension Trust Fund's Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported $420M in total assets and 1,453 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #3,221 in Transportation & Warehousing (3,362 peers)

Coverage in West Virginia

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund covers 1,453 participants in West Virginia, 3.1x the typical West Virginia plan (state average ~467 per filing). Assets: $420M.

#3,221
in Transportation & Warehousing (3,362 peers)
+8.8%
assets growth YoY
4.2×
vs typical plan assets (national mean)

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's outsized position by total assets

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund vs every filed plan by assets

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

$419,924,670 Top 3% higher than 97% 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

Employer - Teamsters Local Nos 175 & 505 Pension 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. Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund lands in the large band (1,453 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported net income rose from -$55M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund end-of-year assets rose from $386M in the plan year 2022 filing to $420M in the plan year 2023 filing.
  • Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported participants rose from 1,435 in the plan year 2022 filing to 1,453 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 556021850 · Employer - Teamsters Local Nos 175&505 Pension Trust Fund PY 2023 · Defined Benefit (Pension)

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund · $420M · 1,453 · 97th

  • TYPE $420M
  • TYPE 1,453
  • TYPE 97th
  • TYPE Defined Benefit (Pension)
  • TYPE near Oregon Laborers-Employers Pension Plan
  • TYPE ind #3221

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 West Virginia →

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund in the asset neighbourhood

Abbvie Pension Plan for Former Basf and Former Solvay EmployeesAbbvie Pension Plan for Form…$422M21st Century Fox America Retirement Plan21st Century Fox America Ret…$421MEmployer - Teamsters Local Nos 175 & 505 Pension Trust FundEmployer - Teamsters Local N…$420MOregon Laborers-Employers Pension PlanOregon Laborers-Employers Pe…$420MLatham & Watkins Cash Balance PlanLatham & Watkins Cash Balanc…$419M
End-of-year total assets ($M) among Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

West Virginia filing particulars

Total Assets (Beginning of Year)$386M
Net Assets (End of Year)$420M
Net Income$34M
Employer EIN556021850
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Employer - Teamsters Local Nos 175&505 Pension Trust Fund)

Sponsor-wide plan assets over time

All Employer - Teamsters Local Nos 175&505 Pension Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$453M 17.279070238215265% vs 2022
2024 filing year
$350M$400M$450M$500M 202220232024 $386M $453M ▲ +17.3%
Year Plans Participants Total Assets
2022 1 1,435 $386M
2023 1 1,453 $420M
2024 1 1,685 $453M

Nearby Defined Benefit (Pension) Plans in West Virginia

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

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 200300400500600 Total assets ($M) Participants Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 419.92467 · Participants: 1453Employer - Teamsters Local Nos 175 & 505 Pension Trust FundWest Virginia Laborers Pension Trust Fund, Total assets ($M): 555.630528 · Participants: 1965West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 548.257437 · Participants: 1559I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 447.078317 · Participants: 234United Mine Workers of America 1985 Construction Workers Pension PlanMaryland Electrical Industry Pension Plan, Total assets ($M): 267.765025 · Participants: 1667Maryland Electrical Industry Pension PlanConstellium Rolled Products Master Retirement Trust, Total assets ($M): 239.728561 · Participants: 0Constellium Rolled Products Master Retirement Trust
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Oregon Laborers-Employers Pension Plan in OR ($420M); by covered participants it is Lake Michigan Credit Union Cash Balance Defined Benefit Plan and Trust in MI (1,454 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,453 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 Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund assets move in 2023?
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund grew at a solid clip - up 8.8% during 2023, from $386M to $420M. Reported net income was $34M.
How have Employer - Teamsters Local Nos 175&505 Pension Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Employer - Teamsters Local Nos 175&505 Pension Trust Fund's sponsor-wide assets grew 17.3%, from $386M to $453M.
Where does Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund rank by assets among Form 5500 filers?
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oregon Laborers-Employers Pension Plan in OR ($420M, 2,335 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lake Michigan Credit Union Cash Balance Defined Benefit Plan and Trust in MI (1,454 participants, $43M in assets).