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
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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.

  • 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

This plan $0 $2,010,000,000 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

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 →

State
Industry

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 EIN510175810
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jt Board of Trustees Teamsters)

$90M$95M$100M$105M 202220232024 $91.3M $103M ▲ +12.4%
Total plan assets by year, all Jt Board of Trustees Teamsters plans on file
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

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 Unio…The Lilly Retirement…Cummins Pension PlanIndiana Laborers Pen…Elevance Health Cash…Nisource Pension Plan
Teamsters Local Union No. 716 Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

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

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).

Next read for Teamsters Local Union No. 716 Pension Pl…

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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