Defined Benefit (Pension) · DOL Form 5500 · 2023

Jt Board of Trustees Teamsters Pension Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
800
Participants Near avg headcount
91st
Percentile by assets National rank
$126,815
Avg per participant Near avg balance/head
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Official DOL plan name: Teamsters Local Union No. 716 Pension Plan · Sponsored by Jt Board of Trustees Teamsters · Indiana · Other Services

$101M in assets, 800 participants

Jt Board of Trustees Teamsters's Teamsters Local Union No. 716 Pension Plan reported $101M in total assets and 800 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.

  • #7,611 in Other Services (7,857 peers)

Where Teamsters Local Union No. 716 Pension Plan sits by assets

Teamsters Local Union No. 716 Pension Plan sits in the top 10% of all filed plans by assets, $101M for 800 participants (~$126,815/participant), up 11.1% in 2023.

#7,611
in Other Services (7,857 peers)
+11.1%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Teamsters Local Union No. 716 Pension Plan's outsized position by total assets

Teamsters Local Union No. 716 Pension Plan vs every filed plan by assets

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

$101,451,836 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 Local Union No. 716 Pension Plan 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 Union No. 716 Pension Plan sits mid-pack in the medium band (800 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Teamsters Local Union No. 716 Pension Plan reported net income rose from -$7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Teamsters Local Union No. 716 Pension Plan end-of-year assets rose from $91M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Teamsters Local Union No. 716 Pension Plan reported participants rose from 763 in the plan year 2022 filing to 800 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 510175810 · Jt Board of Trustees Teamsters PY 2023 · Defined Benefit (Pension)

Teamsters Local Union No. 716 Pension Plan · $101M · 800 · 91st

  • EBSA $101M
  • EBSA 800
  • EBSA 91st
  • EBSA Defined Benefit (Pension)
  • EBSA near Bemis Hourly Retirement Plan
  • EBSA ind #7611

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 Other Services retirement plans → · Plans in Indiana →

Teamsters Local Union No. 716 Pension Plan in the asset neighbourhood

Teamsters Local Union No. 716 Pension PlanTeamsters Local Union No. 71…$101MBemis Hourly Retirement Plan$101MRetirement Plan for Employees of Alliancebernstein L.P.Retirement Plan for Employee…$101MInternational Brotherhood of Electrical Workers Local Union No. 99 Retirement PlanInternational Brotherhood of…$101MCoats North America Pension PlanCoats North America Pension …$101M
End-of-year total assets ($M) among Teamsters Local Union No. 716 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$101M
Net Income$10M
Employer EIN510175810
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jt Board of Trustees Teamsters)

Sponsor-wide plan assets over time

All Jt Board of Trustees Teamsters plans reported in each filing year

Latest sponsor-wide plan assets
$103M 12.41502959633058% vs 2022
2024 filing year
$90M$95M$100M$105M 202220232024 $91.3M $103M ▲ +12.4%
Year Plans Participants Total Assets
2022 1 763 $91M
2023 1 800 $101M
2024 1 744 $103M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Teamsters Local Union No. 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Teamsters Local Union No. 716 Pension Plan, Total assets ($B): 0.101451836 · Participants: 800Teamsters Local Union No. 716 Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.68755379 · Participants: 19111The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.321162584 · Participants: 26560Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.654720253 · Participants: 10800Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.277905032 · Participants: 8197Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.063713087 · Participants: 2174Nisource Pension Plan
Teamsters Local Union No. 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Teamsters Local Union No. 716 Pension Plan side-by-side with 3 peers →

Teamsters Local Union No. 716 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Bemis Hourly Retirement Plan in WI ($101M); by covered participants it is Sheet Metal Workers' Local Union No. 9 Pension Pla in CO (800 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (800 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 Union No. 716 Pension Plan assets move in 2023? ▼
Teamsters Local Union No. 716 Pension Plan grew at a solid clip - up 11.1% during 2023, from $91M to $101M. Reported net income was $10M.
How have Jt Board of Trustees Teamsters plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Jt Board of Trustees Teamsters's sponsor-wide assets grew 12.4%, from $91M to $103M.
Where does Teamsters Local Union No. 716 Pension Plan rank by assets among Form 5500 filers? ▼
Teamsters Local Union No. 716 Pension Plan 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 Local Union No. 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bemis Hourly Retirement Plan in WI ($101M, 1,094 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local Union No. 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal Workers' Local Union No. 9 Pension Pla in CO (800 participants, $181M 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 510175810.

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.