Defined Benefit (Pension) · DOL Form 5500 · 2024

Maintenance Employees Teamsters Local 416 Pension Pension Plan

Data updated 2026-08-25

$365K
Total assets Small plan by assets
N/A
Participants Small participant base
15th
Percentile by assets National rank
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Official DOL plan name: Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan · Sponsored by Maintenance Employees Teamsters Local 416 Pension · Ohio · Other Services

$365K in assets, N/A participants

Maintenance Employees Teamsters Local 416 Pension's Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan reported $365K in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 15th 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.

  • #2,506 in Other Services (7,719 peers)

What the 2024 filing shows

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan holds $365K for N/A participants, among the smaller plans by assets on file.

#2,506
in Other Services (7,719 peers)
-0.7%
assets change YoY

The plan reported a net loss of $11K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan among the smaller filed plans by assets

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs every filed plan by assets

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

$364,715 15th percentile higher than 15% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan reported net income rose from -$23K in the plan year 2023 filing to -$11K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 516033958 · Maintenance Employees Teamsters Local 416 Pension PY 2024 · Defined Benefit (Pension)

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan · $365K · N/A · 15th

  • ASSETS $365K
  • ASSETS N/A
  • ASSETS 15th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Compass Workforce Solutions, LLC Cash Balance Plan
  • ASSETS ind #2506

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 Ohio →

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan in the asset neighbourhood

Compass Workforce Solutions, LLC Cash Balance PlanCompass Workforce Solutions,…$369KKelly Underwriting Services, LLC Cash Balance PlanKelly Underwriting Services,…$370KE & J Sales and Marketing, LLC Cash Balance PlanE & J Sales and Marketing, L…$371KMaintenance Employees Teamsters Local 416 of Cleveland Pension PlanMaintenance Employees Teamst…$365KThe Eisenberg Group, a. C. Cpas Cash Balance Pension PlanThe Eisenberg Group, a. C. C…$346K
End-of-year total assets ($M) among Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$367K
Net Assets (End of Year)$347K
Net Income-$11K
Employer EIN516033958
Plan Effective Date1965-07-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Maintenance Employees Teamsters Local 416 Pension)

Sponsor-wide plan assets over time

All Maintenance Employees Teamsters Local 416 Pension plans reported in each filing year

Latest sponsor-wide plan assets
$365K 4.53986284876721% vs 2022
2024 filing year
$0.35M$0.36M$0.37M$0.38M$0.39M 202220232024 $0.38M $0.36M ▼ -5.3%
Year Plans Participants Total Assets
2022 1 N/A $382K
2023 1 N/A $367K
2024 1 N/A $365K

Nearby Defined Benefit (Pension) Plans in Ohio

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

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan, Total assets ($B): 0.000364715 · Participants: 0Maintenance Employees Teamsters Local 416 of Cleveland Pension PlanGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan's closest out-of-state Defined Benefit (Pension) peers by assets

Outside Ohio, the nearest Defined Benefit (Pension) by end-of-year assets is Compass Workforce Solutions, LLC Cash Balance Plan in NY at $369K (this filing: $365K).

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 Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan assets move in 2024?
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan held essentially flat - down 0.7% during 2024, from $367K to $365K. Reported net income was -$11K.
How have Maintenance Employees Teamsters Local 416 Pension plan assets changed over time?
Across 3 plan years on file (2022-2024), Maintenance Employees Teamsters Local 416 Pension's sponsor-wide assets declined 4.5%, from $382K to $365K.
Where does Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan rank by assets among Form 5500 filers?
Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan ranks in the 15th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Maintenance Employees Teamsters Local 416 of Cleveland Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Compass Workforce Solutions, LLC Cash Balance Plan in NY ($369K, 2 participants).