Defined Benefit (Pension) · DOL Form 5500 · 2023

Maintenance Employees Teamsters Local 416 Pension Pension Plan

Data updated 2026-08-25

$367K
Total assets Small plan by assets
N/A
Participants Small participant base
15th
Percentile by assets National rank
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Official DOL plan name: Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan · Sponsored by Maintenance Employees Teamsters Local 416 Pension · Ohio · Other Services

$367K in assets, N/A participants

Maintenance Employees Teamsters Local 416 Pension's Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan reported $367K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #2,626 in Other Services (7,857 peers)

What the 2023 filing shows

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan holds $367K for N/A participants, among the smaller plans by assets on file.

#2,626
in Other Services (7,857 peers)
-3.8%
assets change YoY

The plan reported a net loss of $23K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan among the smaller filed plans by assets

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs every filed plan by assets

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

$367,355 15th percentile higher than 15% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan reported net income fell from -$9K in the plan year 2022 filing to -$23K in the plan year 2023 filing.
  • Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan end-of-year assets fell from $382K in the plan year 2022 filing to $367K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 516033958 · Maintenance Employees Teamsters Local 416 Pension PY 2023 · Defined Benefit (Pension)

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan · $367K · N/A · 15th

  • NET $367K
  • BOOK N/A
  • VS-ST 15th
  • BOY Defined Benefit (Pension)
  • SCH near Stella Orton Home Care Agency, Inc. Employees' Defined Benefit Retirement Plan
  • EBSA ind #2626

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 Ohio →

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan in the asset neighbourhood

Maintenance Employees Teamsters Local 416 of Cleveland Pension PlanMaintenance Employees Teamst…$367KSan Antonio Zoological Society Retirement PlanSan Antonio Zoological Socie…$370KStella Orton Home Care Agency, Inc. Employees' Defined Benefit Retirement PlanStella Orton Home Care Agenc…$364KMillwrights & M.E.L.U. 1545 Pension PlanMillwrights & M.E.L.U. 1545 …$360KMcnaughton-Mckay Elec Co Employee's Ret. PlanMcnaughton-Mckay Elec Co Emp…$360K
End-of-year total assets ($M) among Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$382K
Net Assets (End of Year)$357K
Net Income-$23K
Employer EIN516033958
Plan Effective Date1965-07-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Maintenance Employees Teamsters Local 416 Pension)

Sponsor-wide plan assets over time

All Maintenance Employees Teamsters Local 416 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$365K 4.53986284876721% vs 2022
2024 filing year
$0.35M$0.36M$0.37M$0.38M$0.39M 202220232024 $0.38M $0.36M ▼ -5.3%
Year Plans Participants Total Assets
2022 1 N/A $382K
2023 1 N/A $367K
2024 1 N/A $365K

Nearby Defined Benefit (Pension) Plans in Ohio

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

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -202468 Total assets ($B) Participants Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan, Total assets ($B): 0.000367355 · Participants: 0Maintenance Employees Teamsters Local 416 of Cleveland Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.144086795 · Participants: 12304Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.281060445 · Participants: 22311Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.475896468 · Participants: 15595American Electric Power System Retirement PlanParker Defined Benefit Plan, Total assets ($B): 3.656915014 · Participants: 191Parker Defined Benefit PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.592540979 · Participants: 10029Ohio Operating Engineers Pension Plan
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Ohio, the nearest Defined Benefit (Pension) by end-of-year assets is Stella Orton Home Care Agency, Inc. Employees' Defined Benefit Retirement Plan in NY at $364K (this filing: $367K).

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 Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan assets move in 2023?
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan edged down modestly - down 3.8% during 2023, from $382K to $367K. Reported net income was -$23K.
How have Maintenance Employees Teamsters Local 416 Pension plan assets changed over time?
Across 3 plan years on file (2022-2024), Maintenance Employees Teamsters Local 416 Pension's sponsor-wide assets declined 4.5%, from $382K to $365K.
Where does Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan rank by assets among Form 5500 filers?
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan ranks in the 15th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Stella Orton Home Care Agency, Inc. Employees' Defined Benefit Retirement Plan in NY ($364K, 2 participants).