Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Minnesota Teamsters Constr Division Pension Fund Pension Plan

Data updated 2026-08-25

$249M
Total assets Near avg plan size
654
Participants Below avg headcount
96th
Percentile by assets National rank
$380,160
Avg per participant High balance/head
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Official DOL plan name: Minnesota Teamsters Construction Division Pension Fund · Sponsored by Trustees of Minnesota Teamsters Constr Division Pension Fund · Minnesota · Construction

$249M in assets, 654 participants

Trustees of Minnesota Teamsters Constr Division Pension Fund's Minnesota Teamsters Construction Division Pension Fund reported $249M in total assets and 654 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,555 in Construction (9,030 peers)

Where Minnesota Teamsters Construction Division Pension Fund sits by assets

Minnesota Teamsters Construction Division Pension Fund sits in the top 5% of all filed plans by assets, $249M for 654 participants (~$380,160/participant), up 11.4% in 2023.

#8,555
in Construction (9,030 peers)
+11.4%
assets growth YoY
2.5×
vs typical plan assets (national mean)

Minnesota Teamsters Construction Division Pension Fund's outsized position by total assets

Minnesota Teamsters Construction Division Pension Fund vs every filed plan by assets

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

$248,624,725 Top 4% higher than 96% 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

Minnesota Teamsters Construction Division Pension Fund among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Teamsters Construction Division Pension Fund sits mid-pack in the medium band (654 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Teamsters Construction Division Pension Fund reported net income rose from $5M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Minnesota Teamsters Construction Division Pension Fund end-of-year assets rose from $223M in the plan year 2022 filing to $249M in the plan year 2023 filing.
  • Minnesota Teamsters Construction Division Pension Fund reported participants rose from 645 in the plan year 2022 filing to 654 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 416187751 · Trustees of Minnesota Teamsters Constr Division Pension Fund PY 2023 · Defined Benefit (Pension)

Minnesota Teamsters Construction Division Pension Fund · $249M · 654 · 96th

  • EOY $249M
  • EOY 654
  • EOY 96th
  • EOY Defined Benefit (Pension)
  • EOY near Ocu Pension Trust
  • EOY ind #8555

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 Construction retirement plans → · Plans in Minnesota →

Minnesota Teamsters Construction Division Pension Fund in the asset neighbourhood

Utah Sheet Metal Pension TrustUtah Sheet Metal Pension Tru…$249MSwisher International, Inc. Retirement Income Plan for Salaried EmployeesSwisher International, Inc. …$249MMinnesota Teamsters Construction Division Pension FundMinnesota Teamsters Construc…$249MOcu Pension Trust$248MPresbyterian Healthcare Services Employees' Pension Plan IIPresbyterian Healthcare Serv…$248M
End-of-year total assets ($M) among Minnesota Teamsters Construction Division Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$223M
Net Assets (End of Year)$249M
Net Income$25M
Employer EIN416187751
Plan Effective Date1971-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees of Minnesota Teamsters Constr Division Pension Fund)

Sponsor-wide plan assets over time

All Trustees of Minnesota Teamsters Constr Division Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$249M 11.409322974575261% vs 2022
2023 filing year
$220M$230M$240M$250M$260M 20222023 $223M $249M ▲ +11.4%
Year Plans Participants Total Assets
2022 1 645 $223M
2023 1 654 $249M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Minnesota Teamsters Construction Division Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Minnesota Teamsters Construction Division Pension Fund, Total assets ($B): 0.248624725 · Participants: 654Minnesota Teamsters Construction Division Pension Fund3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Minnesota Teamsters Construction Division Pension Fund vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Minnesota Teamsters Construction Division Pension Fund side-by-side with 3 peers →

Minnesota Teamsters Construction Division Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Ocu Pension Trust in CA ($248M); by covered participants it is Iuoe Local 98 Pension Plan in MA (654 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (654 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 Minnesota Teamsters Construction Division Pension Fund assets move in 2023? ▼
Minnesota Teamsters Construction Division Pension Fund grew at a solid clip - up 11.4% during 2023, from $223M to $249M. Reported net income was $25M.
How have Trustees of Minnesota Teamsters Constr Division Pension Fund plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Trustees of Minnesota Teamsters Constr Division Pension Fund's sponsor-wide assets grew 11.4%, from $223M to $249M.
Where does Minnesota Teamsters Construction Division Pension Fund rank by assets among Form 5500 filers? ▼
Minnesota Teamsters Construction Division Pension Fund ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Minnesota Teamsters Construction Division Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ocu Pension Trust in CA ($248M, 538 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Minnesota Teamsters Construction Division Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Iuoe Local 98 Pension Plan in MA (654 participants, $203M 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 416187751.

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.