401(k) · DOL Form 5500 · 2024

Trustees Teamsters Local 346 Savings & 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
312
Participants Below avg headcount
77th
Percentile by assets National rank
$94,753
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Teamsters Local 346 Savings & 401(k) Plan · Sponsored by Trustees Teamsters Local 346 Savings & 401(k) Plan · Minnesota · Transportation & Warehousing

$30M in assets, 312 participants

Trustees Teamsters Local 346 Savings & 401(k) Plan's Teamsters Local 346 Savings & 401(k) Plan reported $30M in total assets and 312 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #2,518 in Transportation & Warehousing (3,299 peers)

Coverage in Minnesota

Teamsters Local 346 Savings & 401(k) Plan covers 312 participants in Minnesota, about 28% of the average Minnesota filer (state average ~1,126 per filing). Assets: $30M.

#2,518
in Transportation & Warehousing (3,299 peers)
+11.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Teamsters Local 346 Savings & 401(k) Plan's outsized position by total assets

Teamsters Local 346 Savings & 401(k) Plan vs every filed plan by assets

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

$29,563,053 Top 23% higher than 77% 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 346 Savings & 401(k) Plan 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 346 Savings & 401(k) Plan sits mid-pack in the medium band (312 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Local 346 Savings & 401(k) Plan reported participants rose from 214 in the plan year 2023 filing to 312 in the plan year 2024 filing.
  • Teamsters Local 346 Savings & 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Teamsters Local 346 Savings & 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411872921 · Trustees Teamsters Local 346 Savings & 401(k) Plan PY 2024 · 401(k)

Teamsters Local 346 Savings & 401(k) Plan · $30M · 312 · 77th

  • ASSETS $30M
  • PCT 312
  • EIN 77th
  • RANK 401(k)
  • PHOTO near Hoffman Enterprises 401(k) Savings Plan
  • IND ind #2518

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 Minnesota →

Teamsters Local 346 Savings & 401(k) Plan in the asset neighbourhood

Hoffman Enterprises 401(k) Savings PlanHoffman Enterprises 401(k) S…$30MKrohn Clinic, Ltd. 401(k) Profit Sharing PlanKrohn Clinic, Ltd. 401(k) Pr…$30MTeamsters Local 346 Savings & 401(k) PlanTeamsters Local 346 Savings …$30MMika Meyers Profit-Sharing and Retirement Savings PlanMika Meyers Profit-Sharing a…$30MProfessional Electrical Contractors of Ct, Inc. 401(k) PlanProfessional Electrical Cont…$30M
End-of-year total assets ($M) among Teamsters Local 346 Savings & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$30M
Net Income$3M
Employer EIN411872921
Plan Effective Date1997-04-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees Teamsters Local 346 Savings & 401(k) Plan)

Sponsor-wide plan assets over time

All Trustees Teamsters Local 346 Savings & 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$30M 25.690724842140717% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.5M $29.6M ▲ +25.7%
Year Plans Participants Total Assets
2022 1 225 $24M
2023 1 214 $27M
2024 1 312 $30M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Teamsters Local 346 Savings & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Teamsters Local 346 Savings & 401(k) Plan, Total assets ($B): 0.029563053 · Participants: 312Teamsters Local 346 Savings & 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Teamsters Local 346 Savings & 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Teamsters Local 346 Savings & 401(k) Plan side-by-side with 3 peers →

Teamsters Local 346 Savings & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Hoffman Enterprises 401(k) Savings Plan in CT ($30M); by covered participants it is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (312 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 346 Savings & 401(k) Plan assets move in 2024? ▼
Teamsters Local 346 Savings & 401(k) Plan grew at a solid clip - up 11.1% during 2024, from $27M to $30M. Reported net income was $3M.
How have Trustees Teamsters Local 346 Savings & 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Trustees Teamsters Local 346 Savings & 401(k) Plan's sponsor-wide assets grew 25.7%, from $24M to $30M.
Where does Teamsters Local 346 Savings & 401(k) Plan rank by assets among Form 5500 filers? ▼
Teamsters Local 346 Savings & 401(k) Plan ranks in the 77th 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 401(k) plans are similar in size to Teamsters Local 346 Savings & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hoffman Enterprises 401(k) Savings Plan in CT ($30M, 419 participants).
Which 401(k) plans cover a similar participant headcount to Teamsters Local 346 Savings & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sirote & Permutt, P.C. Profit Sharing 401(k) Plan in AL (312 participants, $115M 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 411872921.

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.