Defined Benefit (Pension) · DOL Form 5500 · 2024

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Pension Plan

Data updated 2026-08-25

$331M
Total assets Above avg plan size
63
Participants Small participant base
96th
Percentile by assets National rank
$5.3M
Avg per participant High balance/head
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Official DOL plan name: Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · Sponsored by Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters · New Jersey · Transportation & Warehousing

$331M in assets, 63 participants

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters's Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported $331M in total assets and 63 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,121 in Transportation & Warehousing (3,299 peers)

Where Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund sits by assets

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund sits in the top 5% of all filed plans by assets, $331M for 63 participants (~$5.3M/participant), down 1.8% in 2024.

#3,121
in Transportation & Warehousing (3,299 peers)
-1.8%
assets change YoY
3.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's outsized position by total assets

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs every filed plan by assets

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

$331,429,909 Top 4% higher than 96% 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

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund is a small filing (63 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported net income fell from $5M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported participants fell from 167 in the plan year 2023 filing to 63 in the plan year 2024 filing.
  • Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund end-of-year assets fell from $338M in the plan year 2023 filing to $331M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 136043977 · Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters PY 2024 · Defined Benefit (Pension)

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · $331M · 63 · 96th

  • RANK $331M
  • RANK 63
  • RANK 96th
  • RANK Defined Benefit (Pension)
  • RANK near Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust
  • RANK ind #3121

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 →

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund in the asset neighbourhood

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Benefit Plan of the …$331MPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement TrustPension Plan of the Plumbers…$331MItg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework EmployeesItg Brands, LLC Retirement A…$331MRetirement Plan for Employees of Intermountain Power Service CorporationRetirement Plan for Employee…$330MValeo, Inc. Pension Plan$330M
End-of-year total assets ($M) among Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$338M
Net Assets (End of Year)$331M
Net Income-$5M
Employer EIN136043977
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters)

Sponsor-wide plan assets over time

All Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters plans reported in each filing year

Latest sponsor-wide plan assets
$347M 0.5341950507698322% vs 2022
2024 filing year
$340M$345M$350M$355M 202220232024 $345M $347M ▲ +0.5%
Year Plans Participants Total Assets
2022 2 419 $345M
2023 2 403 $353M
2024 2 284 $347M

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund, Total assets ($B): 0.331429909 · Participants: 63Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity 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
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund side-by-side with 3 peers →

Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust in IA ($331M); by covered participants it is Gray Television, Inc. Retirement Plan for Certain Bargaining Class Employees in GA (63 participants). Same-state nearby plans are listed separately above.

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 Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund assets move in 2024? ▼
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund edged down modestly - down 1.8% during 2024, from $338M to $331M. Reported net income was -$5M.
How have Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters's sponsor-wide assets grew 0.5%, from $345M to $347M.
Where does Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund rank by assets among Form 5500 filers? ▼
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund ranks in the 96th 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 Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust in IA ($331M, 1,233 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gray Television, Inc. Retirement Plan for Certain Bargaining Class Employees in GA (63 participants, $24M 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 136043977.

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.