Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Teamsters Local 641 Pension Fund Pension Plan

Data updated 2026-08-25

$562M
Total assets Above avg plan size
313
Participants Below avg headcount
97th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Teamsters Local 641 Pension Fund · Sponsored by Board of Trustees Teamsters Local 641 Pension Fund · New Jersey · Transportation & Warehousing

$562M in assets, 313 participants

Board of Trustees Teamsters Local 641 Pension Fund's Teamsters Local 641 Pension Fund reported $562M in total assets and 313 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.

  • #3,169 in Transportation & Warehousing (3,299 peers)

Coverage in New Jersey

Teamsters Local 641 Pension Fund covers 313 participants in New Jersey, about 37% of the average New Jersey filer (state average ~844 per filing). Assets: $562M.

#3,169
in Transportation & Warehousing (3,299 peers)
-1.2%
assets change YoY
5.6×
vs typical plan assets (national mean)

Teamsters Local 641 Pension Fund's outsized position by total assets

Teamsters Local 641 Pension Fund vs every filed plan by assets

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

$561,923,882 Top 3% higher than 97% 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 641 Pension 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 641 Pension Fund sits mid-pack in the medium band (313 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Local 641 Pension Fund reported net income rose from -$5M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Teamsters Local 641 Pension Fund reported participants fell from 404 in the plan year 2023 filing to 313 in the plan year 2024 filing.
  • Teamsters Local 641 Pension Fund end-of-year assets fell from $569M in the plan year 2023 filing to $562M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 226220288 · Board of Trustees Teamsters Local 641 Pension Fund PY 2024 · Defined Benefit (Pension)

Teamsters Local 641 Pension Fund · $562M · 313 · 97th

  • SCH $562M
  • SCH 313
  • SCH 97th
  • SCH Defined Benefit (Pension)
  • SCH near Blue Shield of California Employees Retirement Plan
  • SCH ind #3169

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 Transportation & Warehousing retirement plans → · Plans in New Jersey →

Teamsters Local 641 Pension Fund in the asset neighbourhood

Iron Workers' Local No. 25 Pension FundIron Workers' Local No. 25 P…$565MTeamsters Local 641 Pension FundTeamsters Local 641 Pension …$562MBlue Shield of California Employees Retirement PlanBlue Shield of California Em…$562MI.U.O.E. Local 132 Pension FundI.U.O.E. Local 132 Pension F…$559MPension Plan for International Officers, Representatives and Assistants of the Intl Brotherhood of Electrical WorkersPension Plan for Internation…$559M
End-of-year total assets ($M) among Teamsters Local 641 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$569M
Net Assets (End of Year)$556M
Net Income$9M
Employer EIN226220288
Plan Effective Date1974-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Teamsters Local 641 Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Teamsters Local 641 Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$562M 1.032463693759502% vs 2022
2024 filing year
$560M$565M$570M 202220232024 $568M $562M ▼ -1.0%
Year Plans Participants Total Assets
2022 1 453 $568M
2023 1 404 $569M
2024 1 313 $562M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Teamsters Local 641 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Teamsters Local 641 Pension Fund, Total assets ($B): 0.561923882 · Participants: 313Teamsters Local 641 Pension FundRetirement Plan of Johnson and Johnson, Total assets ($B): 21.095569114 · Participants: 37882Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.066557714 · Participants: 83812JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 12.855309 · Participants: 7280Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.025028912 · Participants: 16233The Prudential Merged Retirement PlanMerck US Pension Plan, Total assets ($B): 10.090083286 · Participants: 26843Merck US Pension Plan
Teamsters Local 641 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Teamsters Local 641 Pension Fund side-by-side with 3 peers →

Teamsters Local 641 Pension Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Blue Shield of California Employees Retirement Plan in CA ($562M); by covered participants it is The Jackson Lewis P.C. Cash Balance Plan II in NY (313 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (313 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 641 Pension Fund assets move in 2024? ▼
Teamsters Local 641 Pension Fund edged down modestly - down 1.2% during 2024, from $569M to $562M. Reported net income was $9M.
How have Board of Trustees Teamsters Local 641 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Teamsters Local 641 Pension Fund's sponsor-wide assets declined 1.0%, from $568M to $562M.
Where does Teamsters Local 641 Pension Fund rank by assets among Form 5500 filers? ▼
Teamsters Local 641 Pension 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 Teamsters Local 641 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Blue Shield of California Employees Retirement Plan in CA ($562M, 2,472 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local 641 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Jackson Lewis P.C. Cash Balance Plan II in NY (313 participants, $41M in assets).

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 226220288.

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.