Money Purchase
2024 plan-year Money Purchase DOL Form 5500

TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

AVR, LLC

This Money Purchase plan holds $22M in total assets and serves 98 participants as of 2024. It is sponsored by AVR, LLC in Minnesota. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$22M
Participants
98
State
Industry
Manufacturing

What the Filing Says About TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN

TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN is a Money Purchase retirement plan sponsored by AVR, LLC, headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 98 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 262999566, and the plan has been effective since 1979-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2024 to $22M at year-end — a gain of 5.9%. Net assets (after liabilities) closed the year at $22M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$1M
Plan TypeMoney Purchase
Employer EIN262999566
Plan Effective Date1979-03-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN?
As of the 2024 Form 5500 filing, TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN holds $22M in total assets with 98 participants. It is sponsored by AVR, LLC.
What type of plan is TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN?
TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN is a Money Purchase plan. It has been effective since 1979-03-01. The plan is filed with the U.S. Department of Labor under EIN 262999566.
Who sponsors the TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN?
TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN is sponsored by AVR, LLC, located in Minnesota. The sponsor's EIN is 262999566 and the plan operates in the Manufacturing industry.
How did TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN perform in 2024?
TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN grew by 5.9% during 2024, moving from $21M to $22M in total assets. Net income was $1M.
Where can I find official filings for TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN?
Official Form 5500 filings for TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 262999566 or plan name at efast.dol.gov.
How does TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN compare to other plans?
You can compare TEAMSTERS LOCAL UNION NO. 120 MONEY PURCHASE PENSION PLAN against other Money Purchase plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 262999566.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.