Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees - Teamsters Local 11 Pension Fund Pension Plan

Data updated 2026-07-24

$78M
Total assets: 388
Participants: 89th
Percentile by assets: $200,275
Avg per participant

Official DOL plan name: Teamsters Local 11 Pension Fund · Sponsored by Board of Trustees - Teamsters Local 11 Pension Fund · New Jersey · Finance & Insurance

$78M in assets, 388 participants

Board of Trustees - Teamsters Local 11 Pension Fund's Teamsters Local 11 Pension Fund reported $78M in total assets and 388 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

89th percentile by assets (of 116,472 plans)

Coverage in New Jersey

Teamsters Local 11 Pension Fund covers 388 participants in New Jersey, about 45% of the average New Jersey filer (state average ~865 per filing). Assets: $78M.

$78M
total plan assets (2024 EOY): 388
covered participants: 89th
percentile by assets (of 116,472 plans): $200,275
avg assets per participant

Teamsters Local 11 Pension Fund reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Teamsters Local 11 Pension Fund reported participants fell from 426 in the plan year 2023 filing to 388 in the plan year 2024 filing.
Teamsters Local 11 Pension Fund end-of-year assets rose from $75M in the plan year 2023 filing to $78M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Finance & Insurance

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Teamsters Local 11 Pension Fund reports 388 participants - about 45% of that state average ($78M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$75M
Net Assets (End of Year)	$77M
Net Income	$3M
Employer EIN	226172223
Plan Effective Date	1966-08-26
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees - Teamsters Local 11 Pension Fund)

Total plan assets by year, all Board of Trustees - Teamsters Local 11 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	401	$70M
2023	1	426	$75M
2024	1	388	$78M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Local 11 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.1B · 37,882
JPMorgan Chase Retirement Plan $16.1B · 83,812
Nokia Retirement Income Plan $12.9B · 7,280
The Prudential Merged Retirement Plan $12.0B · 16,233
Merck US Pension Plan $10.1B · 26,843

Compare Teamsters Local 11 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Teamsters Local 11 Pension Fund by total assets, not by location.

Astoria Generating Company, LP Retirement Plan (CT) $78M · 83
Retirement Plan for Employees of Central Maine Healthcare Corporation (ME) $78M · 412
Williams International Pension Plan for Employees (MI) $78M · 165
Retirement Plan B for Employees of American Crystal Sugar Company (MN) $78M · 855

Frequently Asked Questions

How did Teamsters Local 11 Pension Fund assets move in 2024? ▼

Teamsters Local 11 Pension Fund edged up modestly - up 3.4% during 2024, from $75M to $78M. Reported net income was $3M.

How have Board of Trustees - Teamsters Local 11 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees - Teamsters Local 11 Pension Fund's sponsor-wide assets grew 10.2%, from $70M to $78M.

Where does Teamsters Local 11 Pension Fund rank by assets among Form 5500 filers? ▼

Teamsters Local 11 Pension Fund ranks in the 89th 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 Defined Benefit (Pension) plans are similar in size to Teamsters Local 11 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Astoria Generating Company, LP Retirement Plan in CT ($78M, 83 participants).

Next read for Teamsters Local 11 Pension Fund

Filing takeaways

Ways to act on Teamsters Local 11 Pension Fund's numbers.

By total assets, Teamsters Local 11 Pension Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
Board of Trustees - Teamsters Local 11 Pension Fund's sponsor-wide assets have grown 10.2% since 2022 across 3 plan years on file. More Finance & Insurance 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 226172223.

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.