Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of Teamsters Local 617 Pension Fund Pension Plan
Data updated 2026-08-11
- $161M
- Total assets
- 4
- Participants
- 93rd
- Percentile by assets
- $40.2M
- Avg per participant
Official DOL plan name: Teamsters Local 617 Pension Fund · Sponsored by Board of Trustees of Teamsters Local 617 Pension Fund · New Jersey · Transportation & Warehousing
$161M in assets, 4 participants
Board of Trustees of Teamsters Local 617 Pension Fund's Teamsters Local 617 Pension Fund reported $161M in total assets and 4 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #3,016 in Transportation & Warehousing (3,299 peers)
Where Teamsters Local 617 Pension Fund sits by assets
Teamsters Local 617 Pension Fund sits in the top 10% of all filed plans by assets, $161M for 4 participants (~$40.2M/participant), down 1.2% in 2024.
- $161M
- total plan assets (2024 EOY)
- 4
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $40.2M
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Teamsters Local 617 Pension Fund reported net income rose from -$4M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Teamsters Local 617 Pension Fund reported participants fell from 5 in the plan year 2023 filing to 4 in the plan year 2024 filing.
- Teamsters Local 617 Pension Fund end-of-year assets fell from $163M in the plan year 2023 filing to $161M in the plan year 2024 filing.
Teamsters Local 617 Pension Fund vs the 2024 asset distribution
By assets, Teamsters Local 617 Pension Fund outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $163M |
|---|---|
| Net Assets (End of Year) | $160M |
| Net Income | -$1M |
| Employer EIN | 237356773 |
| Plan Effective Date | 1974-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees of Teamsters Local 617 Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5 | $166M |
| 2023 | 1 | 5 | $163M |
| 2024 | 1 | 4 | $161M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Teamsters Local 617 Pension Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Teamsters Local 617 Pension Fund by total assets, not by location.
- Ampco-Pittsburgh Corporation Retirement Plan (PA) $161M · 366
- The Cooper Companies, Inc. Retirement Income Plan (CA) $161M · 1,493
- The Newspaper Guild International Pension Plan (DC) $160M · 496
- Sanofi Pasteur Inc. Retirement Plan (PA) $160M · 1,191
Frequently Asked Questions
How did Teamsters Local 617 Pension Fund assets move in 2024? ▼
How have Board of Trustees of Teamsters Local 617 Pension Fund plan assets changed over time? ▼
Where does Teamsters Local 617 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Teamsters Local 617 Pension Fund? ▼
Next read for Teamsters Local 617 Pension Fund
Scale reading
Ways to act on Teamsters Local 617 Pension Fund's numbers.
- By total assets, Teamsters Local 617 Pension Fund ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Board of Trustees of Teamsters Local 617 Pension Fund's sponsor-wide assets have declined 2.9% since 2022 across 3 plan years on file. More Transportation & Warehousing plans