Profit Sharing · DOL Form 5500 · 2024

Defined Contribution Plan of the Mid Jersey Trucking Industry and Team Profit Sharing Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
221
Participants Below avg headcount
65th
Percentile by assets National rank
$69,885
Avg per participant Below avg balance/head
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Official DOL plan name: Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · Sponsored by Defined Contribution Plan of the Mid Jersey Trucking Industry and Team · New Jersey · Transportation & Warehousing

$15M in assets, 221 participants

Defined Contribution Plan of the Mid Jersey Trucking Industry and Team's Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported $15M in total assets and 221 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #2,166 in Transportation & Warehousing (3,299 peers)

Coverage in New Jersey

Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund covers 221 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $15M.

#2,166
in Transportation & Warehousing (3,299 peers)
+2.8%
assets growth YoY

Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund's mid-pack asset rank among Transportation & Warehousing and all filers

Defined Contribution 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

$15,444,507 Top 35% higher than 65% 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 Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund 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. Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported net income fell from $2M in the plan year 2023 filing to $428K in the plan year 2024 filing.
  • Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund reported participants fell from 236 in the plan year 2023 filing to 221 in the plan year 2024 filing.
  • Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund end-of-year assets rose from $15M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 136043977 · Defined Contribution Plan of the Mid Jersey Trucking Industry and Team PY 2024 · Profit Sharing

Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund · $15M · 221 · 65th

  • EOY $15M
  • EOY 221
  • EOY 65th
  • EOY Profit Sharing
  • EOY near Donalsonville Hospital, Inc. Profit Sharing Plan
  • EOY ind #2166

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

Hwh Corporation Employees' Profit Sharing Plan and TrustHwh Corporation Employees' P…$15MHector E. Ibanez Pabon Profit Sharing Retirement PlanHector E. Ibanez Pabon Profi…$15MDefined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Contribution Plan of…$15MDonalsonville Hospital, Inc. Profit Sharing PlanDonalsonville Hospital, Inc.…$15MC.H.I.L.D., Inc. 403(b) Retirement PlanC.H.I.L.D., Inc. 403(b) Reti…$15M
End-of-year total assets ($M) among Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income$428K
Employer EIN136043977
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Defined Contribution Plan of the Mid Jersey Trucking Industry and Team)

Sponsor-wide plan assets over time

All Defined Contribution Plan of the Mid Jersey Trucking Industry and Team 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 Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund, Total assets ($B): 0.015444507 · Participants: 221Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest Profit Sharing by assets is Donalsonville Hospital, Inc. Profit Sharing Plan in GA ($15M); by covered participants it is The Carroll School Retirement Plan in MA (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund assets move in 2024?
Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund edged up modestly - up 2.8% during 2024, from $15M to $15M. Reported net income was $428K.
How have Defined Contribution Plan of the Mid Jersey Trucking Industry and Team plan assets changed over time?
Across 3 plan years on file (2022-2024), Defined Contribution Plan of the Mid Jersey Trucking Industry and Team's sponsor-wide assets grew 0.5%, from $345M to $347M.
Which Profit Sharing plans are similar in size to Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund?
Among Profit Sharing plans in other states, the closest by assets is Donalsonville Hospital, Inc. Profit Sharing Plan in GA ($15M, 215 participants).
Which Profit Sharing plans cover a similar participant headcount to Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund?
Among Profit Sharing plans in other states, the closest by covered participants is The Carroll School Retirement Plan in MA (221 participants, $35M in assets).