Defined Benefit (Pension) · DOL Form 5500 · 2024
Jt Board of Trustees Teamsters Pension Plan
Data updated 2026-08-11
- $103M
- Total assets
- 744
- Participants
- 91st
- Percentile by assets
- $137,932
- Avg per participant
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.
- 91st percentile by assets (of 123,622 plans)
- #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.
- $103M
- total plan assets (2024 EOY)
- 744
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $137,932
- avg assets per participant
Where Teamsters Local Union No. 716 Pension Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Teamsters Local Union No. 716 Pension Plan vs the 2024 asset distribution
By assets, Teamsters Local Union No. 716 Pension Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $101M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $1M |
| Employer EIN | 510175810 |
| Plan Effective Date | 1975-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Jt Board of Trustees Teamsters)
| 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
- The Lilly Retirement Plan $11.8B · 19,897
- Cummins Pension Plan $3.2B · 30,640
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Teamsters Local Union No. 716 Pension Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Teamsters Local Union No. 716 Pension Plan's numbers.
- By total assets, Teamsters Local Union No. 716 Pension Plan 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 Indiana. Compare plans
- Jt Board of Trustees Teamsters's sponsor-wide assets have grown 12.4% since 2022 across 3 plan years on file. More Other Services plans