Defined Benefit (Pension) · DOL Form 5500 · 2023

Trustees of Minnesota Teamsters Constr Division Pension Fund Pension Plan

Data updated 2026-08-11

$249M
Total assets: 654
Participants: 96th
Percentile by assets: $380,160
Avg per participant

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.

96th percentile by assets (of 127,072 plans)
#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.

$249M
total plan assets (2023 EOY): 654
covered participants: 96th
percentile by assets (of 127,072 plans): $380,160
avg assets per participant

Where Minnesota Teamsters Construction Division Pension Fund sits 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

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 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 →

State

Minnesota

Industry

Construction

Minnesota Teamsters Construction Division Pension Fund vs the 2023 asset distribution

By assets, Minnesota Teamsters Construction Division Pension Fund outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$223M
Net Assets (End of Year)	$249M
Net Income	$25M
Employer EIN	416187751
Plan Effective Date	1971-07-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Trustees of Minnesota Teamsters Constr Division Pension Fund plans on file

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

3M Employee Retirement Income Plan $14.3B · 10,638
Mayo Pension Plan $11.0B · 69,155
The Travelers Pension Plan $4.2B · 24,884
General Mills Pension Plan I $4.0B · 383
U.S. Bank Pension Plan $4.0B · 56,287

Compare Minnesota Teamsters Construction Divisio… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Minnesota Teamsters Construction Division Pension Fund by total assets, not by location.

Ocu Pension Trust (CA) $248M · 538
Swisher International, Inc. Retirement Income Plan for Salaried Employees (CT) $249M · 247
Utah Sheet Metal Pension Trust (UT) $249M · 757
Presbyterian Healthcare Services Employees' Pension Plan II (NM) $248M · 814

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).

Next read for Minnesota Teamsters Construction Divisio…

Scale reading

Ways to act on Minnesota Teamsters Construction Division Pension Fund's numbers.

By total assets, Minnesota Teamsters Construction Division Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
Trustees of Minnesota Teamsters Constr Division Pension Fund's sponsor-wide assets have grown 11.4% since 2022 across 2 plan years on file. More Construction plans

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.