Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of Teamsters Local 617 Pension Fund Pension Plan

Data updated 2026-08-25

$163M
Total assets Near avg plan size
5
Participants Small participant base
94th
Percentile by assets National rank
$32.6M
Avg per participant High balance/head
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Official DOL plan name: Teamsters Local 617 Pension Fund · Sponsored by Board of Trustees of Teamsters Local 617 Pension Fund · New Jersey · Transportation & Warehousing

$163M in assets, 5 participants

Board of Trustees of Teamsters Local 617 Pension Fund's Teamsters Local 617 Pension Fund reported $163M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #3,103 in Transportation & Warehousing (3,362 peers)

Where Teamsters Local 617 Pension Fund sits by assets

Teamsters Local 617 Pension Fund sits in the top 10% of all filed plans by assets, $163M for 5 participants (~$32.6M/participant), down 1.6% in 2023.

#3,103
in Transportation & Warehousing (3,362 peers)
-1.6%
assets change YoY
1.6×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Teamsters Local 617 Pension Fund's outsized position by total assets

Teamsters Local 617 Pension Fund vs every filed plan by assets

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

$162,937,793 Top 6% higher than 94% 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 617 Pension Fund among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local 617 Pension Fund is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Local 617 Pension Fund reported net income fell from $173M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Teamsters Local 617 Pension Fund end-of-year assets fell from $166M in the plan year 2022 filing to $163M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 237356773 · Board of Trustees of Teamsters Local 617 Pension Fund PY 2023 · Defined Benefit (Pension)

Teamsters Local 617 Pension Fund · $163M · 5 · 94th

  • NET $163M
  • BOOK 5
  • VS-ST 94th
  • BOY Defined Benefit (Pension)
  • SCH near Media Guild Retirement Plan
  • EBSA ind #3103

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 617 Pension Fund in the asset neighbourhood

Non-Contributory Retirement Program for Certain Employees of Blue Cross & Blue Shield of MississippiNon-Contributory Retirement …$163MNational Gypsum General Pension PlanNational Gypsum General Pens…$163MTeamsters Local 617 Pension FundTeamsters Local 617 Pension …$163MMedia Guild Retirement Plan$163MThe Retirement Plan of Ridgewood Savings BankThe Retirement Plan of Ridge…$163M
End-of-year total assets ($M) among Teamsters Local 617 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)$166M
Net Assets (End of Year)$161M
Net Income-$4M
Employer EIN237356773
Plan Effective Date1974-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Teamsters Local 617 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Teamsters Local 617 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$161M 2.8565066536764965% vs 2022
2024 filing year
$160M$162M$164M$166M$168M 202220232024 $166M $161M ▼ -2.9%
Year Plans Participants Total Assets
2022 1 5 $166M
2023 1 5 $163M
2024 1 4 $161M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Local 617 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Teamsters Local 617 Pension Fund, Total assets ($B): 0.162937793 · Participants: 5Teamsters Local 617 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 617 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Teamsters Local 617 Pension Fund side-by-side with 3 peers →

Teamsters Local 617 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 Media Guild Retirement Plan in CA ($163M); by covered participants it is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 617 Pension Fund assets move in 2023? ▼
Teamsters Local 617 Pension Fund edged down modestly - down 1.6% during 2023, from $166M to $163M. Reported net income was -$4M.
How have Board of Trustees of Teamsters Local 617 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Teamsters Local 617 Pension Fund's sponsor-wide assets declined 2.9%, from $166M to $161M.
Where does Teamsters Local 617 Pension Fund rank by assets among Form 5500 filers? ▼
Teamsters Local 617 Pension Fund ranks in the 94th 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 Local 617 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Media Guild Retirement Plan in CA ($163M, 42 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local 617 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Suncoast Industries, Inc. Defined Benefit Pension Plan and Trust in FL (5 participants, $1M 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 237356773.

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.