Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-08-25

$69M
Total assets Below avg plan size
918
Participants Near avg headcount
87th
Percentile by assets National rank
$75,222
Avg per participant Below avg balance/head
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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.

  • #2,819 in Transportation & Warehousing (3,299 peers)

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.

#2,819
in Transportation & Warehousing (3,299 peers)
+3.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Teamsters Local Union 500 - Severance Trust Fund's outsized position by total assets

Teamsters Local Union 500 - Severance Trust Fund vs every filed plan by assets

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

$69,053,717 Top 13% higher than 87% 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 Union 500 - Severance Trust Fund among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Teamsters Local Union 500 - Severance Trust Fund sits mid-pack in the medium band (918 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 237376385 · Teamsters Local Union 500 Severance Trust Fund Board of Trustees PY 2024 · Profit Sharing

Teamsters Local Union 500 - Severance Trust Fund · $69M · 918 · 87th

  • PART $69M
  • PART 918
  • PART 87th
  • PART Profit Sharing
  • PART near Mercy Corps 403(b) Plan
  • PART ind #2819

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 Jersey →

Teamsters Local Union 500 - Severance Trust Fund in the asset neighbourhood

University of Northwestern - St. Paul 403(b) PlanUniversity of Northwestern -…$70MTeamsters Local Union 500 - Severance Trust FundTeamsters Local Union 500 - …$69MMercy Corps 403(b) Plan$69MThe Missouri Botanical Garden 403(b) Retirement Savings PlanThe Missouri Botanical Garde…$69MWilliams & Connolly LLP Profit Sharing Plan for Secretarial and Certain Other Specified EmployeesWilliams & Connolly LLP Prof…$68M
End-of-year total assets ($M) among Teamsters Local Union 500 - Severance Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$69M
Net Income$2M
Employer EIN237376385
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Teamsters Local Union 500 Severance Trust Fund Board of Trustees plans reported in each filing year

Latest sponsor-wide plan assets
$69M 1.2609157570660696% vs 2022
2024 filing year
$66M$67M$68M$69M$70M 202220232024 $68.2M $69.1M ▲ +1.3%
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 Scatter plot of 6 data points. 050001000015000 -10123 Total assets ($B) Participants Teamsters Local Union 500 - Severance Trust Fund, Total assets ($B): 0.069053717 · Participants: 918Teamsters Local Union 500 - Severance Trust FundErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Teamsters Local Union 500 - Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Teamsters Local Union 500 - Severance Trust Fund side-by-side with 3 peers →

Teamsters Local Union 500 - Severance Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Mercy Corps 403(b) Plan in OR ($69M); by covered participants it is Drywall Tapers Annuity Fund in NY (918 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (918 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 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 123,622 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).
Which Profit Sharing plans cover a similar participant headcount to Teamsters Local Union 500 - Severance Trust Fund? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Drywall Tapers Annuity Fund in NY (918 participants, $78M in assets).

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.