Profit Sharing · DOL Form 5500 · 2024

Teamsters Local Union 500 Severance Trust Fund Board of Trustees Profit Sharing Plan

Data updated 2026-07-24

$69M
Total assets: 918
Participants: 87th
Percentile by assets: $75,222
Avg per participant

Official DOL plan name: Teamsters Local Union 500 - Severance Trust Fund · Sponsored by Teamsters Local Union 500 Severance Trust Fund Board of Trustees · New Jersey · Transportation & Warehousing

$69M in assets, 918 participants

Teamsters Local Union 500 Severance Trust Fund Board of Trustees's Teamsters Local Union 500 - Severance Trust Fund reported $69M in total assets and 918 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

87th percentile by assets (of 116,472 plans)

Where Teamsters Local Union 500 - Severance Trust Fund sits by assets

Teamsters Local Union 500 - Severance Trust Fund sits in the top quartile of all filed plans by assets, $69M for 918 participants (~$75,222/participant), up 3.1% in 2024.

$69M
total plan assets (2024 EOY): 918
covered participants: 87th
percentile by assets (of 116,472 plans): $75,222
avg assets per participant

Teamsters Local Union 500 - Severance Trust Fund reported net income rose from -$1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Teamsters Local Union 500 - Severance Trust Fund reported participants fell from 1,154 in the plan year 2023 filing to 918 in the plan year 2024 filing.
Teamsters Local Union 500 - Severance Trust Fund end-of-year assets rose from $67M in the plan year 2023 filing to $69M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Transportation & Warehousing

Teamsters Local Union 500 - Severance Trust Fund vs the 2024 asset distribution

By assets, Teamsters Local Union 500 - Severance Trust Fund outranks 87% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.7x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$67M
Net Assets (End of Year)	$69M
Net Income	$2M
Employer EIN	237376385
Plan Effective Date	1974-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Teamsters Local Union 500 Severance Trust Fund Board of Trustees)

Total plan assets by year, all Teamsters Local Union 500 Severance Trust Fund Board of Trustees plans on file

Year	Plans	Participants	Total Assets
2022	1	802	$68M
2023	1	1,154	$67M
2024	1	918	$69M

Nearby Profit Sharing Plans in New Jersey

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

Teamsters Local Union 500 - Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.6B · 8,865
IBEW Local Union No 102 Surety Plan $685M · 2,382
Kpmg Partner Retirement Savings Plan $524M · 1,704
Cooper Health System, Inc. Defined Contribution Retirement Plan $359M · 7,208

Compare Teamsters Local Union 500 - Severance Tr… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local Union 500 - Severance Trust Fund by total assets, not by location.

Mercy Corps 403(b) Plan (OR) $69M · 478
The Missouri Botanical Garden 403(b) Retirement Savings Plan (MO) $69M · 527
University of Northwestern - St. Paul 403(b) Plan (MN) $70M · 859
Williams & Connolly LLP Profit Sharing Plan for Secretarial and Certain Other Specified Employees (DC) $68M · 702

Frequently Asked Questions

How did Teamsters Local Union 500 - Severance Trust Fund assets move in 2024? ▼

Teamsters Local Union 500 - Severance Trust Fund edged up modestly - up 3.1% during 2024, from $67M to $69M. Reported net income was $2M.

How have Teamsters Local Union 500 Severance Trust Fund Board of Trustees plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Teamsters Local Union 500 Severance Trust Fund Board of Trustees's sponsor-wide assets grew 1.3%, from $68M to $69M.

Where does Teamsters Local Union 500 - Severance Trust Fund rank by assets among Form 5500 filers? ▼

Teamsters Local Union 500 - Severance Trust Fund ranks in the 87th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Teamsters Local Union 500 - Severance Trust Fund? ▼

Among Profit Sharing plans in other states, the closest by assets is Mercy Corps 403(b) Plan in OR ($69M, 478 participants).

Next read for Teamsters Local Union 500 - Severance Tr…

Scale reading

Ways to act on Teamsters Local Union 500 - Severance Trust Fund's numbers.

By total assets, Teamsters Local Union 500 - Severance Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
Teamsters Local Union 500 Severance Trust Fund Board of Trustees's sponsor-wide assets have grown 1.3% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 237376385.

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.