Defined Benefit (Pension) · DOL Form 5500 · 2024

Michigan Teamsters Joint Council 43 and Its Affiliates Pension Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
51
Participants Small participant base
46th
Percentile by assets National rank
$121,722
Avg per participant Near avg balance/head
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Official DOL plan name: Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates · Sponsored by Michigan Teamsters Joint Council 43 and Its Affiliates · Michigan · Other Services

$6M in assets, 51 participants

Michigan Teamsters Joint Council 43 and Its Affiliates's Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates reported $6M in total assets and 51 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #5,189 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates ranks #5,189 of 7,719 2024 filers by assets (323% of the sector average)-$6M for 51 participants.

#5,189
in Other Services (7,719 peers)
+8.0%
assets growth YoY

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates's mid-pack asset rank among Other Services and all filers

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs every filed plan by assets

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

$6,207,832 46th percentile higher than 46% 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

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates is a small filing (51 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates reported net income fell from $672K in the plan year 2023 filing to $461K in the plan year 2024 filing.
  • Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates reported participants rose from 49 in the plan year 2023 filing to 51 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 386304341 · Michigan Teamsters Joint Council 43 and Its Affiliates PY 2024 · Defined Benefit (Pension)

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates · $6M · 51 · 46th

  • NET $6M
  • BOOK 51
  • VS-ST 46th
  • BOY Defined Benefit (Pension)
  • SCH near Pacific Holdings Pension Plan
  • EBSA ind #5189

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 Other Services retirement plans → · Plans in Michigan →

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates in the asset neighbourhood

The Retirement Plan of North Shore Animal League America, Inc.The Retirement Plan of North…$6MWalbro LLC UAW Local No. 9699 Pension PlanWalbro LLC UAW Local No. 969…$6MSeverance Pay Plan of Michigan Teamsters Joint Council 43 and Its AffiliatesSeverance Pay Plan of Michig…$6MPacific Holdings Pension Plan$6MMaterials Hardware & Supply Co., Inc. Pension PlanMaterials Hardware & Supply …$6M
End-of-year total assets ($M) among Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$461K
Employer EIN386304341
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Teamsters Joint Council 43 and Its Affiliates)

Sponsor-wide plan assets over time

All Michigan Teamsters Joint Council 43 and Its Affiliates plans reported in each filing year

Latest sponsor-wide plan assets
$6M 22.14835011639628% vs 2022
2024 filing year
$4.5M$5M$5.5M$6M$6.5M 202220232024 $5.08M $6.21M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 47 $5M
2023 1 49 $6M
2024 1 51 $6M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates, Total assets ($B): 0.006207832 · Participants: 51Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its AffiliatesGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Pacific Holdings Pension Plan in NJ ($6M); by covered participants it is First Citizens Community Bank Account Balance Pension Plan in PA (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates assets move in 2024?
Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates grew at a solid clip - up 8.0% during 2024, from $6M to $6M. Reported net income was $461K.
How have Michigan Teamsters Joint Council 43 and Its Affiliates plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Teamsters Joint Council 43 and Its Affiliates's sponsor-wide assets grew 22.1%, from $5M to $6M.
Which Defined Benefit (Pension) plans are similar in size to Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pacific Holdings Pension Plan in NJ ($6M, 11 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Severance Pay Plan of Michigan Teamsters Joint Council 43 and Its Affiliates?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is First Citizens Community Bank Account Balance Pension Plan in PA (51 participants, $12M in assets).