Defined Benefit (Pension) · DOL Form 5500 · 2023

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Pension Plan

Data updated 2026-08-25

$338M
Total assets Above avg plan size
167
Participants Small participant base
96th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · Sponsored by Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters · New Jersey · Transportation & Warehousing

$338M in assets, 167 participants

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters's Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported $338M in total assets and 167 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,201 in Transportation & Warehousing (3,362 peers)

Coverage in New Jersey

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund covers 167 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $338M.

#3,201
in Transportation & Warehousing (3,362 peers)
+1.7%
assets growth YoY
3.4×
vs typical plan assets (national mean)

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's outsized position by total assets

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs every filed plan by assets

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

$337,507,515 Top 4% higher than 96% 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

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity 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. Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund sits mid-pack in the medium band (167 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported net income fell from $138M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported participants rose from 157 in the plan year 2022 filing to 167 in the plan year 2023 filing.
  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund end-of-year assets rose from $332M in the plan year 2022 filing to $338M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 136043977 · Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters PY 2023 · Defined Benefit (Pension)

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · $338M · 167 · 96th

  • 5500 $338M
  • ASSETS 167
  • PCT 96th
  • EIN Defined Benefit (Pension)
  • RANK near Bremer Retirement Plan
  • PHOTO ind #3201

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 →

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund in the asset neighbourhood

Cadence Retirement Plan and Trust AgreementCadence Retirement Plan and …$338MDefined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Benefit Plan of the …$338MBremer Retirement Plan$337MAirconditioning and Refrigeration Industry Retirement Trust FundAirconditioning and Refriger…$337MPension Plan for Salaried Employees of Continental Automotive, Inc. & Certain Affiliated CompaniesPension Plan for Salaried Em…$336M
End-of-year total assets ($M) among Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$332M
Net Assets (End of Year)$336M
Net Income$5M
Employer EIN136043977
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters)

Sponsor-wide plan assets over time

All Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters plans reported in each filing year

Latest sponsor-wide plan assets
$347M 0.5341950507698322% vs 2022
2024 filing year
$340M$345M$350M$355M 202220232024 $345M $347M ▲ +0.5%
Year Plans Participants Total Assets
2022 2 419 $345M
2023 2 403 $353M
2024 2 284 $347M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund, Total assets ($B): 0.337507515 · Participants: 167Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity 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
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund side-by-side with 3 peers →

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Bremer Retirement Plan in MN ($337M); by covered participants it is Chemtura Corporation Retirement Plan in PA (167 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (167 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 Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund assets move in 2023? ▼
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund edged up modestly - up 1.7% during 2023, from $332M to $338M. Reported net income was $5M.
How have Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters's sponsor-wide assets grew 0.5%, from $345M to $347M.
Where does Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund rank by assets among Form 5500 filers? ▼
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund ranks in the 96th 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 Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bremer Retirement Plan in MN ($337M, 1,319 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Chemtura Corporation Retirement Plan in PA (167 participants, $154M 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 136043977.

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.