Profit Sharing · DOL Form 5500 · 2024

Teamsters Local Union 331 Severance Trust Fund Profit Sharing Plan

Data updated 2026-07-24

$36M
Total assets: 458
Participants: 80th
Percentile by assets: $78,664
Avg per participant

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.

80th percentile by assets (of 116,472 plans)

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.

$36M
total plan assets (2024 EOY): 458
covered participants: 80th
percentile by assets (of 116,472 plans): $78,664
avg assets per participant

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 →

State

New Jersey

Industry

Wholesale Trade

Teamsters Local Union 331 Severance Trust Fund vs the 2024 asset distribution

By assets, Teamsters Local Union 331 Severance Trust Fund outranks 80% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$33M
Net Assets (End of Year)	$36M
Net Income	$3M
Employer EIN	236737793
Plan Effective Date	1981-11-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Teamsters Local Union 331 Severance Trust Fund plans on file

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

Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,666
Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.6B · 8,865
IBEW Local Union No 102 Surety Plan $685M · 2,382
Kpmg Partner Retirement Savings Plan $524M · 1,704
Cooper Health System, Inc. Defined Contribution Retirement Plan $359M · 7,208

Compare Teamsters Local Union 331 Severance Trus… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Teamsters Local Union 331 Severance Trust Fund by total assets, not by location.

Dyke Industries, Inc. Profit Sharing Plan & Trust (AR) $36M · 608
Becker Capital Management, Inc. Profit Sharing Trust (OR) $36M · 31
Cullen Profit Sharing Plan and Trust (WI) $36M · 186
Heat and Frost Insulators Defined Contribution (MI) $36M · 1,167

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 116,472 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).

Next read for Teamsters Local Union 331 Severance Trus…

Scale reading

Ways to act on Teamsters Local Union 331 Severance Trust Fund's numbers.

By total assets, Teamsters Local Union 331 Severance Trust Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
Teamsters Local Union 331 Severance Trust Fund's sponsor-wide assets have grown 15.6% since 2022 across 3 plan years on file. More Wholesale Trade 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 236737793.

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.