Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees, Teamsters Retirement Pension Plan Pension Plan

Data updated 2026-07-24

$506M
Total assets: 1,305
Participants: 97th
Percentile by assets: $388,034
Avg per participant

Official DOL plan name: Teamsters Retirement Pension Plan · Sponsored by Board of Trustees, Teamsters Retirement Pension Plan · Minnesota · Finance & Insurance

$506M in assets, 1,305 participants

Board of Trustees, Teamsters Retirement Pension Plan's Teamsters Retirement Pension Plan reported $506M in total assets and 1,305 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 116,472 plans)

Where Teamsters Retirement Pension Plan sits by assets

Teamsters Retirement Pension Plan sits in the top 5% of all filed plans by assets, $506M for 1,305 participants (~$388,034/participant), up 13.5% in 2024.

$506M
total plan assets (2024 EOY): 1,305
covered participants: 97th
percentile by assets (of 116,472 plans): $388,034
avg assets per participant

Teamsters Retirement Pension Plan reported net income rose from $24M in the plan year 2023 filing to $37M in the plan year 2024 filing.
Teamsters Retirement Pension Plan end-of-year assets rose from $446M in the plan year 2023 filing to $506M in the plan year 2024 filing.
Teamsters Retirement Pension Plan reported participants rose from 1,295 in the plan year 2023 filing to 1,305 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Finance & Insurance

Teamsters Retirement Pension Plan vs the 2024 asset distribution

By assets, Teamsters Retirement Pension Plan outranks 97% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.1x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$446M
Net Assets (End of Year)	$506M
Net Income	$37M
Employer EIN	416047047
Plan Effective Date	1958-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees, Teamsters Retirement Pension Plan)

Total plan assets by year, all Board of Trustees, Teamsters Retirement Pension Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	1,257	$423M
2023	1	1,295	$446M
2024	1	1,305	$506M

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Teamsters Retirement Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Mayo Pension Plan $11.8B · 71,743
3M Employee Retirement Income Plan $8.9B · 9,132
Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
U.S. Bank Pension Plan $4.4B · 62,822
The Travelers Pension Plan $4.2B · 27,237

Compare Teamsters Retirement Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Teamsters Retirement Pension Plan by total assets, not by location.

American United Life Insurance Company Employees Retirement Plan and Trust (IN) $507M · 2,247
Barclays Pension Plan (NY) $506M · 370
Daimler Truck North America Pension Plan (OR) $505M · 1,558
Anheuser-Busch Defined Benefit Plan (MO) $508M · 1,517

Frequently Asked Questions

How did Teamsters Retirement Pension Plan assets move in 2024? ▼

Teamsters Retirement Pension Plan grew at a solid clip - up 13.5% during 2024, from $446M to $506M. Reported net income was $37M.

How have Board of Trustees, Teamsters Retirement Pension Plan plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees, Teamsters Retirement Pension Plan's sponsor-wide assets grew 19.8%, from $423M to $506M.

Where does Teamsters Retirement Pension Plan rank by assets among Form 5500 filers? ▼

Teamsters Retirement Pension Plan ranks in the 97th percentile by end-of-year assets among 116,472 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 Teamsters Retirement Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is American United Life Insurance Company Employees Retirement Plan and Trust in IN ($507M, 2,247 participants).

Next read for Teamsters Retirement Pension Plan

Scale reading

Ways to act on Teamsters Retirement Pension Plan's numbers.

By total assets, Teamsters Retirement Pension Plan 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 Minnesota. Compare plans
Board of Trustees, Teamsters Retirement Pension Plan's sponsor-wide assets have grown 19.8% 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 416047047.

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.