Profit Sharing · DOL Form 5500 · 2024

Teamsters Local Union 331 Severance Trust Fund Profit Sharing Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
458
Participants Below avg headcount
80th
Percentile by assets National rank
$78,664
Avg per participant Below avg balance/head
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Official DOL plan name: Teamsters Local Union 331 Severance Trust Fund · Sponsored by Teamsters Local Union 331 Severance Trust Fund · New Jersey · Wholesale Trade

$36M in assets, 458 participants

Teamsters Local Union 331 Severance Trust Fund's Teamsters Local Union 331 Severance Trust Fund reported $36M in total assets and 458 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #4,843 in Wholesale Trade (6,080 peers)

Where Teamsters Local Union 331 Severance Trust Fund sits by assets

Teamsters Local Union 331 Severance Trust Fund sits in the top quartile of all filed plans by assets, $36M for 458 participants (~$78,664/participant), up 8.4% in 2024.

#4,843
in Wholesale Trade (6,080 peers)
+8.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Teamsters Local Union 331 Severance Trust Fund's outsized position by total assets

Teamsters Local Union 331 Severance Trust Fund vs every filed plan by assets

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

$36,028,237 Top 20% higher than 80% 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 Local Union 331 Severance Trust 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 Local Union 331 Severance Trust Fund sits mid-pack in the medium band (458 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Local Union 331 Severance Trust Fund reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Teamsters Local Union 331 Severance Trust Fund end-of-year assets rose from $33M in the plan year 2023 filing to $36M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 236737793 · Teamsters Local Union 331 Severance Trust Fund PY 2024 · Profit Sharing

Teamsters Local Union 331 Severance Trust Fund · $36M · 458 · 80th

  • IND $36M
  • IND 458
  • IND 80th
  • IND Profit Sharing
  • IND near Dyke Industries, Inc. Profit Sharing Plan & Trust
  • IND ind #4843

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Teamsters Local Union 331 Severance Trust Fund in the asset neighbourhood

Heat and Frost Insulators Defined ContributionHeat and Frost Insulators De…$36MBecker Capital Management, Inc. Profit Sharing TrustBecker Capital Management, I…$36MDyke Industries, Inc. Profit Sharing Plan & TrustDyke Industries, Inc. Profit…$36MTeamsters Local Union 331 Severance Trust FundTeamsters Local Union 331 Se…$36MCullen Profit Sharing Plan and TrustCullen Profit Sharing Plan a…$36M
End-of-year total assets ($M) among Teamsters Local Union 331 Severance Trust Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$36M
Net Income$3M
Employer EIN236737793
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Teamsters Local Union 331 Severance Trust Fund)

Sponsor-wide plan assets over time

All Teamsters Local Union 331 Severance Trust Fund plans reported in each filing year

Latest sponsor-wide plan assets
$36M 15.552794511515705% vs 2022
2024 filing year
$30M$32M$34M$36M$38M 202220232024 $31.2M $36M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 453 $31M
2023 1 459 $33M
2024 1 458 $36M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Teamsters Local Union 331 Severance Trust Fund, Total assets ($B): 0.036028237 · Participants: 458Teamsters Local Union 331 Severance Trust FundErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Teamsters Local Union 331 Severance Trust Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Teamsters Local Union 331 Severance Trust Fund's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Dyke Industries, Inc. Profit Sharing Plan & Trust in AR ($36M); by covered participants it is P1fcu 401(k) Plan and Trust in ID (459 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (458 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 Teamsters Local Union 331 Severance Trust Fund assets move in 2024?
Teamsters Local Union 331 Severance Trust Fund grew at a solid clip - up 8.4% during 2024, from $33M to $36M. Reported net income was $3M.
How have Teamsters Local Union 331 Severance Trust Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets grew 15.6%, from $31M to $36M.
Where does Teamsters Local Union 331 Severance Trust Fund rank by assets among Form 5500 filers?
Teamsters Local Union 331 Severance Trust Fund ranks in the 80th 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 Profit Sharing plans are similar in size to Teamsters Local Union 331 Severance Trust Fund?
Among Profit Sharing plans in other states, the closest by assets is Dyke Industries, Inc. Profit Sharing Plan & Trust in AR ($36M, 608 participants).
Which Profit Sharing plans cover a similar participant headcount to Teamsters Local Union 331 Severance Trust Fund?
Among Profit Sharing plans in other states, the closest by covered participants is P1fcu 401(k) Plan and Trust in ID (459 participants, $30M in assets).