Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Teamsters Local 945 Pension Fund Pension Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
353
Participants Below avg headcount
91st
Percentile by assets National rank
$270,532
Avg per participant High balance/head
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Official DOL plan name: Teamsters Employers Local 945 Pension Fund · Sponsored by Board of Trustees Teamsters Local 945 Pension Fund · New Jersey · Transportation & Warehousing

$95M in assets, 353 participants

Board of Trustees Teamsters Local 945 Pension Fund's Teamsters Employers Local 945 Pension Fund reported $95M in total assets and 353 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #2,991 in Transportation & Warehousing (3,362 peers)

Coverage in New Jersey

Teamsters Employers Local 945 Pension Fund covers 353 participants in New Jersey, about 42% of the average New Jersey filer (state average ~844 per filing). Assets: $95M.

#2,991
in Transportation & Warehousing (3,362 peers)
+4.5%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Teamsters Employers Local 945 Pension Fund's outsized position by total assets

Teamsters Employers Local 945 Pension Fund vs every filed plan by assets

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

$95,497,970 Top 9% higher than 91% 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 Employers Local 945 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 Employers Local 945 Pension Fund sits mid-pack in the medium band (353 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Employers Local 945 Pension Fund reported net income rose from -$16M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Teamsters Employers Local 945 Pension Fund end-of-year assets rose from $91M in the plan year 2022 filing to $95M in the plan year 2023 filing.
  • Teamsters Employers Local 945 Pension Fund reported participants fell from 365 in the plan year 2022 filing to 353 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 226196388 · Board of Trustees Teamsters Local 945 Pension Fund PY 2023 · Defined Benefit (Pension)

Teamsters Employers Local 945 Pension Fund · $95M · 353 · 91st

  • EOY $95M
  • 5500 353
  • ASSETS 91st
  • PCT Defined Benefit (Pension)
  • EIN near Pension Fund of Local 227
  • RANK ind #2991

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 Employers Local 945 Pension Fund in the asset neighbourhood

Guideone Insurance Company Pension PlanGuideone Insurance Company P…$96MTeamsters Employers Local 945 Pension FundTeamsters Employers Local 94…$95MPension Fund of Local 227$95MVirginia International Terminals LLC Pension PlanVirginia International Termi…$95MCh2m Hill Omi Retirement Plan$95M
End-of-year total assets ($M) among Teamsters Employers Local 945 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$95M
Net Income$4M
Employer EIN226196388
Plan Effective Date1962-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Teamsters Local 945 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Teamsters Local 945 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$100M 9.629203541323898% vs 2022
2024 filing year
$90M$95M$100M$105M 202220232024 $91.4M $100M ▲ +9.6%
Year Plans Participants Total Assets
2022 1 365 $91M
2023 1 353 $95M
2024 1 386 $100M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Employers Local 945 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Teamsters Employers Local 945 Pension Fund, Total assets ($B): 0.09549797 · Participants: 353Teamsters Employers Local 945 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 Employers Local 945 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Teamsters Employers Local 945 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 Pension Fund of Local 227 in FL ($95M); by covered participants it is Sheet Metal Workers Local 7, Zone 2 Pension Plan in MI (353 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($95M here).

Similar participant headcount

Nearest other-state filings by covered participants (353 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 Employers Local 945 Pension Fund assets move in 2023?
Teamsters Employers Local 945 Pension Fund edged up modestly - up 4.5% during 2023, from $91M to $95M. Reported net income was $4M.
How have Board of Trustees Teamsters Local 945 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Teamsters Local 945 Pension Fund's sponsor-wide assets grew 9.6%, from $91M to $100M.
Where does Teamsters Employers Local 945 Pension Fund rank by assets among Form 5500 filers?
Teamsters Employers Local 945 Pension Fund ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Teamsters Employers Local 945 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Fund of Local 227 in FL ($95M, 4,530 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Employers Local 945 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers Local 7, Zone 2 Pension Plan in MI (353 participants, $108M in assets).