Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees of Teamsters Joint Council No. 16 Pension Fund Pension Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
254
Participants Below avg headcount
83rd
Percentile by assets National rank
$171,741
Avg per participant Above avg balance/head
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Official DOL plan name: Teamsters Joint Council No. 16 Pension Fund · Sponsored by Board of Trustees of Teamsters Joint Council No. 16 Pension Fund · New York · Administrative & Support Services

$44M in assets, 254 participants

Board of Trustees of Teamsters Joint Council No. 16 Pension Fund's Teamsters Joint Council No. 16 Pension Fund reported $44M in total assets and 254 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #3,978 in Administrative & Support Services (4,368 peers)

Coverage in New York

Teamsters Joint Council No. 16 Pension Fund covers 254 participants in New York, about 32% of the average New York filer (state average ~798 per filing). Assets: $44M.

#3,978
in Administrative & Support Services (4,368 peers)
+11.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Teamsters Joint Council No. 16 Pension Fund's outsized position by total assets

Teamsters Joint Council No. 16 Pension Fund vs every filed plan by assets

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

$43,622,256 Top 17% higher than 83% 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 Joint Council No. 16 Pension 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 Joint Council No. 16 Pension Fund sits mid-pack in the medium band (254 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Joint Council No. 16 Pension Fund reported net income rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Teamsters Joint Council No. 16 Pension Fund end-of-year assets rose from $39M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Teamsters Joint Council No. 16 Pension Fund reported participants fell from 269 in the plan year 2023 filing to 254 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 135505746 · Board of Trustees of Teamsters Joint Council No. 16 Pension Fund PY 2024 · Defined Benefit (Pension)

Teamsters Joint Council No. 16 Pension Fund · $44M · 254 · 83rd

  • PHOTO $44M
  • IND 254
  • EOY 83rd
  • 5500 Defined Benefit (Pension)
  • ASSETS near K&l Gates Partner Cash Balance Pension Plan Alpha
  • PCT ind #3978

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 Administrative & Support Services retirement plans → · Plans in New York →

Teamsters Joint Council No. 16 Pension Fund in the asset neighbourhood

Firstbank Puerto Rico Retirement Plan for the Former Employees of Banco SantanderFirstbank Puerto Rico Retire…$44MTeamsters Joint Council No. 16 Pension FundTeamsters Joint Council No. …$44MK&l Gates Partner Cash Balance Pension Plan AlphaK&l Gates Partner Cash Balan…$44MK&l Gates Partner Cash Balance Pension Plan BetaK&l Gates Partner Cash Balan…$44MHome Federal Bank of Tennessee Pension PlanHome Federal Bank of Tenness…$44M
End-of-year total assets ($M) among Teamsters Joint Council No. 16 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$44M
Net Income$5M
Employer EIN135505746
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Teamsters Joint Council No. 16 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Teamsters Joint Council No. 16 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$44M 22.351291827631258% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $35.7M $43.6M ▲ +22.4%
Year Plans Participants Total Assets
2022 1 267 $36M
2023 1 269 $39M
2024 1 254 $44M

Nearby Defined Benefit (Pension) Plans in New York

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

Teamsters Joint Council No. 16 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Teamsters Joint Council No. 16 Pension Fund, Total assets ($B): 0.043622256 · Participants: 254Teamsters Joint Council No. 16 Pension FundIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Teamsters Joint Council No. 16 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Teamsters Joint Council No. 16 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is K&l Gates Partner Cash Balance Pension Plan Alpha in PA ($44M); by covered participants it is Middle River Aerostructure Systems Hourly Pension Plan in MD (254 participants). Same-state nearby plans are listed separately above.

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 Joint Council No. 16 Pension Fund assets move in 2024?
Teamsters Joint Council No. 16 Pension Fund grew at a solid clip - up 11.6% during 2024, from $39M to $44M. Reported net income was $5M.
How have Board of Trustees of Teamsters Joint Council No. 16 Pension Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees of Teamsters Joint Council No. 16 Pension Fund's sponsor-wide assets grew 22.4%, from $36M to $44M.
Where does Teamsters Joint Council No. 16 Pension Fund rank by assets among Form 5500 filers?
Teamsters Joint Council No. 16 Pension Fund ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Teamsters Joint Council No. 16 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is K&l Gates Partner Cash Balance Pension Plan Alpha in PA ($44M, 368 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Joint Council No. 16 Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Middle River Aerostructure Systems Hourly Pension Plan in MD (254 participants, $113M in assets).