Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Local 456 Annuity Fund Profit Sharing Plan

Data updated 2026-08-25

$254M
Total assets Near avg plan size
1,635
Participants Near avg headcount
95th
Percentile by assets National rank
$155,574
Avg per participant Above avg balance/head
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Official DOL plan name: Teamsters Local 456 Annuity Fund · Sponsored by Board of Trustees Local 456 Annuity Fund · New York · Transportation & Warehousing

$254M in assets, 1,635 participants

Board of Trustees Local 456 Annuity Fund's Teamsters Local 456 Annuity Fund reported $254M in total assets and 1,635 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #3,078 in Transportation & Warehousing (3,299 peers)

Coverage in New York

Teamsters Local 456 Annuity Fund covers 1,635 participants in New York, 2.0x the typical New York plan (state average ~798 per filing). Assets: $254M.

#3,078
in Transportation & Warehousing (3,299 peers)
+9.2%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Teamsters Local 456 Annuity Fund's outsized position by total assets

Teamsters Local 456 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$254,364,251 Top 5% higher than 95% of 123,620 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 2024

Teamsters Local 456 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local 456 Annuity Fund lands in the large band (1,635 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Local 456 Annuity Fund reported net income fell from $19M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Teamsters Local 456 Annuity Fund end-of-year assets rose from $233M in the plan year 2023 filing to $254M in the plan year 2024 filing.
  • Teamsters Local 456 Annuity Fund reported participants rose from 1,619 in the plan year 2023 filing to 1,635 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 136889226 · Board of Trustees Local 456 Annuity Fund PY 2024 · Profit Sharing

Teamsters Local 456 Annuity Fund · $254M · 1,635 · 95th

  • IND $254M
  • IND 1,635
  • IND 95th
  • IND Profit Sharing
  • IND near Central Illinois Carpenters Retirement Savings Fun
  • IND ind #3078

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 York →

Teamsters Local 456 Annuity Fund in the asset neighbourhood

Central Illinois Carpenters Retirement Savings FunCentral Illinois Carpenters …$255MTeamsters Local 456 Annuity FundTeamsters Local 456 Annuity …$254MBridgeport Hospital Employer Contribution Retirement PlanBridgeport Hospital Employer…$254MProfit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & StewartProfit-Sharing Plan of Oglet…$249MNew Jersey Building Laborers Statewide Annuity FundNew Jersey Building Laborers…$248M
End-of-year total assets ($M) among Teamsters Local 456 Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$236M
Net Income$14M
Employer EIN136889226
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Local 456 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees Local 456 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$254M 19.788433032092627% vs 2022
2024 filing year
$200M$220M$240M$260M 202220232024 $212M $254M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 1,783 $212M
2023 1 1,619 $233M
2024 1 1,635 $254M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Teamsters Local 456 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 00.511.522.5 Total assets ($B) Participants Teamsters Local 456 Annuity Fund, Total assets ($B): 0.254364251 · Participants: 1635Teamsters Local 456 Annuity FundAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Teamsters Local 456 Annuity Fund vs. nearby Profit Sharing plans in New York, assets vs. participants

Teamsters Local 456 Annuity Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Central Illinois Carpenters Retirement Savings Fun in IL ($255M); by covered participants it is Beloit Health System 403(b) Plan in WI (1,639 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,635 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Teamsters Local 456 Annuity Fund assets move in 2024?
Teamsters Local 456 Annuity Fund grew at a solid clip - up 9.2% during 2024, from $233M to $254M. Reported net income was $14M.
How have Board of Trustees Local 456 Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Local 456 Annuity Fund's sponsor-wide assets grew 19.8%, from $212M to $254M.
Where does Teamsters Local 456 Annuity Fund rank by assets among Form 5500 filers?
Teamsters Local 456 Annuity Fund ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Teamsters Local 456 Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Central Illinois Carpenters Retirement Savings Fun in IL ($255M, 3,272 participants).
Which Profit Sharing plans cover a similar participant headcount to Teamsters Local 456 Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is Beloit Health System 403(b) Plan in WI (1,639 participants, $118M in assets).