Money Purchase · DOL Form 5500 · 2024
Teamsters Local 344 Sales and Service Industry Money Purchase Plan
Data updated 2026-08-11
- $1M
- Total assets
- 13
- Participants
- 24th
- Percentile by assets
- $82,561
- Avg per participant
Official DOL plan name: Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan · Sponsored by Teamsters Local 344 Sales and Service Industry · Wisconsin · Other Services
$1M in assets, 13 participants
Teamsters Local 344 Sales and Service Industry's Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan reported $1M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.
- 24th percentile by assets (of 123,622 plans)
- #3,695 in Other Services (7,719 peers)
Other Services sector rank
Within Other Services, Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan ranks #3,695 of 7,719 2024 filers by assets (1870% of the sector average)-$1M for 13 participants.
- $1M
- total plan assets (2024 EOY)
- 13
- covered participants
- 24th
- percentile by assets (of 123,622 plans)
- $82,561
- avg assets per participant
Where Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan sits by total assets
Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,073,292 24th percentile higher than 24% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan reported net income fell from $72K in the plan year 2023 filing to $25K in the plan year 2024 filing.
- Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
Rank #3,695 in Other Services
Among 7,719 Other Services plans that filed a Form 5500 for plan year 2024, Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan ranks #3,695 by end-of-year assets - about 1870% of the sector average of $20M. Nationally it sits in the 24th percentile, a stronger position within its industry than across all filers.
Other Services filing particulars
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $1M |
| Net Income | $25K |
| Employer EIN | 390146203 |
| Plan Effective Date | 1978-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teamsters Local 344 Sales and Service Industry)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 14 | $976K |
| 2023 | 1 | 13 | $1M |
| 2024 | 1 | 13 | $1M |
Nearby Money Purchase Plans in Wisconsin
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan vs. nearby Money Purchase plans in Wisconsin, assets vs. participants
- Employees Retirement Plan of Marshfield Clinic $1.3B · 8,328
- Telephone and Data Systems, Inc. Pension Plan $509M · 5,326
- North Central States Regional Council of Carpenters Supplemental Retirement Plan $378M · 10,854
- Aspirus, Inc. Frozen 401(a) Plan $133M · 2,145
- Wisconsin Glaziers & Glassworkers Money Purchase Fund $88M · 420
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan by total assets, not by location.
Frequently Asked Questions
How did Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan assets move in 2024? ▼
How have Teamsters Local 344 Sales and Service Industry plan assets changed over time? ▼
Where does Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan? ▼
Next read for Teamsters Local 344 Officers, Business A…
Filing takeaways
Ways to act on Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan's numbers.
- By total assets, Teamsters Local 344 Officers, Business Agents & Employees Severance Pay Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Wisconsin. Compare plans
- Teamsters Local 344 Sales and Service Industry's sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Other Services plans