Defined Benefit (Pension) · DOL Form 5500 · 2024

Jt Board of Trustees Teamsters Pension Plan

Data updated 2026-08-25

$103M
Total assets Near avg plan size
744
Participants Near avg headcount
91st
Percentile by assets National rank
$137,932
Avg per participant Near avg balance/head
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Official DOL plan name: Teamsters Local Union No. 716 Pension Plan · Sponsored by Jt Board of Trustees Teamsters · Indiana · Other Services

$103M in assets, 744 participants

Jt Board of Trustees Teamsters's Teamsters Local Union No. 716 Pension Plan reported $103M in total assets and 744 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,455 in Other Services (7,719 peers)

Where Teamsters Local Union No. 716 Pension Plan sits by assets

Teamsters Local Union No. 716 Pension Plan sits in the top 10% of all filed plans by assets, $103M for 744 participants (~$137,932/participant), up 1.2% in 2024.

#7,455
in Other Services (7,719 peers)
+1.2%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Teamsters Local Union No. 716 Pension Plan's outsized position by total assets

Teamsters Local Union No. 716 Pension Plan vs every filed plan by assets

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

$102,621,059 Top 9% higher than 91% 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 No. 716 Pension Plan 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 No. 716 Pension Plan sits mid-pack in the medium band (744 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Teamsters Local Union No. 716 Pension Plan reported net income fell from $10M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Teamsters Local Union No. 716 Pension Plan reported participants fell from 800 in the plan year 2023 filing to 744 in the plan year 2024 filing.
  • Teamsters Local Union No. 716 Pension Plan end-of-year assets rose from $101M in the plan year 2023 filing to $103M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 510175810 · Jt Board of Trustees Teamsters PY 2024 · Defined Benefit (Pension)

Teamsters Local Union No. 716 Pension Plan · $103M · 744 · 91st

  • IND $103M
  • IND 744
  • IND 91st
  • IND Defined Benefit (Pension)
  • IND near Blue Diamond Growers Employees Pension Plan
  • IND ind #7455

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 Other Services retirement plans → · Plans in Indiana →

Teamsters Local Union No. 716 Pension Plan in the asset neighbourhood

Wiltel Communications, LLC Pension PlanWiltel Communications, LLC P…$103MTeamsters Local Union No. 716 Pension PlanTeamsters Local Union No. 71…$103MBlue Diamond Growers Employees Pension PlanBlue Diamond Growers Employe…$103MMichigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension PlanMichigan Upper Peninsula Int…$103MStudio Mechanics Local 476 Iatse Retirement PlanStudio Mechanics Local 476 I…$103M
End-of-year total assets ($M) among Teamsters Local Union No. 716 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$103M
Net Income$1M
Employer EIN510175810
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jt Board of Trustees Teamsters)

Sponsor-wide plan assets over time

All Jt Board of Trustees Teamsters plans reported in each filing year

Latest sponsor-wide plan assets
$103M 12.41502959633058% vs 2022
2024 filing year
$90M$95M$100M$105M 202220232024 $91.3M $103M ▲ +12.4%
Year Plans Participants Total Assets
2022 1 763 $91M
2023 1 800 $101M
2024 1 744 $103M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Teamsters Local Union No. 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -5051015 Total assets ($B) Participants Teamsters Local Union No. 716 Pension Plan, Total assets ($B): 0.102621059 · Participants: 744Teamsters Local Union No. 716 Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.79293888 · Participants: 19897The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.225499056 · Participants: 30640Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.815373164 · Participants: 11039Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.237231976 · Participants: 7552Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.003483487 · Participants: 2133Nisource Pension Plan
Teamsters Local Union No. 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Teamsters Local Union No. 716 Pension Plan side-by-side with 3 peers →

Teamsters Local Union No. 716 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Blue Diamond Growers Employees Pension Plan in CA ($103M); by covered participants it is Northeast Georgia Health System, Inc. and Affiliated Companies Pension Plan in GA (744 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (744 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 No. 716 Pension Plan assets move in 2024? ▼
Teamsters Local Union No. 716 Pension Plan edged up modestly - up 1.2% during 2024, from $101M to $103M. Reported net income was $1M.
How have Jt Board of Trustees Teamsters plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Jt Board of Trustees Teamsters's sponsor-wide assets grew 12.4%, from $91M to $103M.
Where does Teamsters Local Union No. 716 Pension Plan rank by assets among Form 5500 filers? ▼
Teamsters Local Union No. 716 Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Teamsters Local Union No. 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Blue Diamond Growers Employees Pension Plan in CA ($103M, 113 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Teamsters Local Union No. 716 Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northeast Georgia Health System, Inc. and Affiliated Companies Pension Plan in GA (744 participants, $315M 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 510175810.

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.