Money Purchase · DOL Form 5500 · 2024

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund Money Purchase Plan

Data updated 2026-08-11

$4M
Total assets
14
Participants
39th
Percentile by assets
$300,296
Avg per participant
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Official DOL plan name: Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund · Sponsored by Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund · New Jersey · Finance & Insurance

$4M in assets, 14 participants

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund reported $4M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • 39th percentile by assets (of 123,622 plans)
  • #2,218 in Finance & Insurance (8,549 peers)

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund multi-year trail

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's plans moved +27.1% in assets from 2022 to 2024; this filing shows Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund at $4M / 14 participants.

$4M
total plan assets (2024 EOY)
14
covered participants
39th
percentile by assets (of 123,622 plans)
$300,296
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund reported net income rose from $217K in the plan year 2023 filing to $679K in the plan year 2024 filing.
  • Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund reported participants fell from 16 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund across 3 plan years on file

Across the 3 plan years Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund has on file (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 27.1%, while reported participants moved from 16 to 14 (-12.5%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($3M).

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund multi-year asset trail

$3M$3.5M$4M$4.5M 202220232024 $3.31M $4.2M ▲ +26.9%
Total plan assets by year, all Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund plans on file
Year Plans Participants Total Assets
2022 1 16 $3M
2023 1 16 $4M
2024 1 14 $4M

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$679K
Employer EIN226082349
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -10123 Total assets ($B) Participants Northern New Jersey …Princeton University…Local 68 Engineers U…Nysa-Ila Money Purch…Educational Testing …Ironworkers Local 11…
Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund by total assets, not by location.

Frequently Asked Questions

How did Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund assets move in 2024?
Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund grew sharply - up 19.2% during 2024, from $4M to $4M. Reported net income was $679K.
How have Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's sponsor-wide assets grew 27.1%, from $3M to $4M.
Which Money Purchase plans are similar in size to Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund?
Among Money Purchase plans in other states, the closest by assets is Charter Oak Federal Credit Union Retirement Plan for Union Employees in CT ($4M, 133 participants).

Next read for Northern New Jersey Teamsters Benefit Pl…

Multi-year trail

Ways to act on Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's numbers.

  • By total assets, Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
  • Northern New Jersey Teamsters Benefit Plan Defined Contribution Fund's sponsor-wide assets have grown 27.1% since 2022 across 3 plan years on file. More Finance & Insurance plans