Defined Benefit (Pension) · DOL Form 5500 · 2024

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund Pension Plan

Data updated 2026-08-11

$453M
Total assets: 1,685
Participants: 97th
Percentile by assets: $268,735
Avg per participant

Official DOL plan name: Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund · Sponsored by Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund · West Virginia · Transportation & Warehousing

$453M in assets, 1,685 participants

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported $453M in total assets and 1,685 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#3,152 in Transportation & Warehousing (3,299 peers)

Coverage in West Virginia

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund covers 1,685 participants in West Virginia, 3.6x the typical West Virginia plan (state average ~467 per filing). Assets: $453M.

$453M
total plan assets (2024 EOY): 1,685
covered participants: 97th
percentile by assets (of 123,622 plans): $268,735
avg assets per participant

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported participants rose from 1,453 in the plan year 2023 filing to 1,685 in the plan year 2024 filing.
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund end-of-year assets rose from $420M in the plan year 2023 filing to $453M in the plan year 2024 filing.
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reported net income fell from $34M in the plan year 2023 filing to $33M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

West Virginia

Industry

Transportation & Warehousing

Participants vs West Virginia filers

In West Virginia, the average filing covers about 467 participants across 380 plans. Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund reports 1,685 participants - 3.6x that state average ($453M EOY assets).

West Virginia filing particulars

Total Assets (Beginning of Year)	$420M
Net Assets (End of Year)	$453M
Net Income	$33M
Employer EIN	556021850
Plan Effective Date	1957-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund)

Total plan assets by year, all Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	1,435	$386M
2023	1	1,453	$420M
2024	1	1,685	$453M

Nearby Defined Benefit (Pension) Plans in West Virginia

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

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants

West Virginia Laborers Pension Trust Fund $570M · 2,390
I.U.O.E. Local 132 Pension Fund $559M · 1,858
United Mine Workers of America 1985 Construction Workers Pension Plan $470M · 197
Maryland Electrical Industry Pension Plan $289M · 1,784
Cabell Huntington Hospital, Inc. Employees' Retirement Plan $259M · 555

Compare Employer - Teamsters Local Nos 175 & 505… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund by total assets, not by location.

Teamsters' Local 301 Pension Plan (IL) $452M · 763
Atlanta Plumbers & Steamfitters Pension Fund (FL) $452M · 2,339
Tri-State Carpenters and Joiners Pension Trust Fund (TN) $452M · 2,085
Twin City Ironworkers Pension Plan (MN) $454M · 1,387

Frequently Asked Questions

How did Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund assets move in 2024? ▼

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund grew at a solid clip - up 7.8% during 2024, from $420M to $453M. Reported net income was $33M.

How have Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's sponsor-wide assets grew 17.3%, from $386M to $453M.

Where does Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund rank by assets among Form 5500 filers? ▼

Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters' Local 301 Pension Plan in IL ($452M, 763 participants).

Next read for Employer - Teamsters Local Nos 175 & 505…

Filing takeaways

Ways to act on Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's numbers.

By total assets, Employer - Teamsters Local Nos 175 & 505 Pension Trust 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 West Virginia. Compare plans
Employer - Teamsters Local Nos 175 & 505 Pension Trust Fund's sponsor-wide assets have grown 17.3% since 2022 across 3 plan years on file. More Transportation & Warehousing 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 556021850.