Defined Benefit (Pension) · DOL Form 5500 · 2023

New England Teamsters Pension Fund Pension Plan

Data updated 2026-08-25

$9.1B
Total assets Very large vs avg
21,786
Participants Very large workforce
100th
Percentile by assets National rank
$417,346
Avg per participant High balance/head
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Official DOL plan name: New England Teamsters Pension Fund · Sponsored by New England Teamsters Pension Fund · Massachusetts · Transportation & Warehousing

$9.1B in assets, 21,786 participants

New England Teamsters Pension Fund's New England Teamsters Pension Fund reported $9.1B in total assets and 21,786 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #3,347 in Transportation & Warehousing (3,362 peers)

Coverage in Massachusetts

New England Teamsters Pension Fund covers 21,786 participants in Massachusetts, 33x the typical Massachusetts plan (state average ~659 per filing). Assets: $9.1B.

#3,347
in Transportation & Warehousing (3,362 peers)
+171.7%
assets growth YoY
91×
vs typical plan assets (national mean)

New England Teamsters Pension Fund's outsized position by total assets

New England Teamsters Pension Fund vs every filed plan by assets

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

$9,092,299,586 Highest reported value at or above every one 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

New England Teamsters Pension Fund's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New England Teamsters Pension Fund is a mega filing (21,786 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New England Teamsters Pension Fund reported net income rose from -$100M in the plan year 2022 filing to $5.7B in the plan year 2023 filing.
  • New England Teamsters Pension Fund end-of-year assets rose from $3.3B in the plan year 2022 filing to $9.1B in the plan year 2023 filing.
  • New England Teamsters Pension Fund reported participants rose from 21,757 in the plan year 2022 filing to 21,786 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 046372430 · New England Teamsters Pension Fund PY 2023 · Defined Benefit (Pension)

New England Teamsters Pension Fund · $9.1B · 21,786 · 100th

  • TYPE $9.1B
  • TYPE 21,786
  • TYPE 100th
  • TYPE Defined Benefit (Pension)
  • TYPE near Retirement Plan of International Paper Company
  • TYPE ind #3347

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 Massachusetts →

New England Teamsters Pension Fund in the asset neighbourhood

Ilwu-Pma Pension Plan$9.7BChevron Retirement Plan$9.5BNew England Teamsters Pension FundNew England Teamsters Pensio…$9.1BRetirement Plan of International Paper CompanyRetirement Plan of Internati…$8.8BWells Fargo & Company Cash Balance PlanWells Fargo & Company Cash B…$8.8B
End-of-year total assets ($B) among New England Teamsters Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$9.1B
Net Income$5.7B
Employer EIN046372430
Plan Effective Date1958-04-11
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Teamsters Pension Fund)

Sponsor-wide plan assets over time

All New England Teamsters Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$9.1B 171.74447464344337% vs 2022
2024 filing year
$2B$4B$6B$8B$10B 202220232024 $3.35B $9.09B ▲ +171.3%
Year Plans Participants Total Assets
2022 1 21,757 $3.3B
2023 1 21,786 $9.1B
2024 1 21,577 $9.1B

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

New England Teamsters Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 24681012 Total assets ($B) Participants New England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension FundN. Atlantic States Carp. Guaranteed Annuity Fund, Total assets ($B): 3.738127229 · Participants: 10911N. Atlantic States Carp. Guaranteed Annuity Fund
New England Teamsters Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare New England Teamsters Pension Fund side-by-side with 3 peers →

Scale composition for New England Teamsters Pension Fund

New England Teamsters Pension Fund reports $9.1B in end-of-year assets across 21,786 participants (0.074% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $417,346 per participant (3.0x the national average assets-per-participant) . Net income for plan year 2023 was $5.7B.

This plan identity (EIN 046372430, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $9.1B (+171.7%) while covered participants moved from 21,757 to 21,577 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,757 $3.3B Open filing
2023 21,786 $9.1B This page
2024 · index core 21,577 $9.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

New England Teamsters Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan of International Paper Company in TN ($8.8B); by covered participants it is Laborers Pension Trust Fund for Northern California in CA (21,375 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (21,786 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 New England Teamsters Pension Fund assets move in 2023? ▼
New England Teamsters Pension Fund surged - up 171.7% during 2023, from $3.3B to $9.1B. Reported net income was $5.7B.
How have New England Teamsters Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Teamsters Pension Fund's sponsor-wide assets grew 171.7%, from $3.3B to $9.1B.
Where does New England Teamsters Pension Fund rank by assets among Form 5500 filers? ▼
New England Teamsters Pension Fund ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to New England Teamsters Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of International Paper Company in TN ($8.8B, 20,164 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to New England Teamsters Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Laborers Pension Trust Fund for Northern California in CA (21,375 participants, $4.9B 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 046372430.

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.