Defined Benefit (Pension) · DOL Form 5500 · 2024
New England Teamsters Pension Fund Pension Plan
Data updated 2026-08-11
- $9.1B
- Total assets
- 21,577
- Participants
- 100th
- Percentile by assets
- $421,435
- Avg per participant
Official DOL plan name: New England Teamsters Pension Fund · Sponsored by New England Teamsters Pension Fund · Massachusetts · Transportation & Warehousing
$9.1B in assets, 21,577 participants
New England Teamsters Pension Fund's New England Teamsters Pension Fund reported $9.1B in total assets and 21,577 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 123,622 plans)
- #3,283 in Transportation & Warehousing (3,299 peers)
Coverage in Massachusetts
New England Teamsters Pension Fund covers 21,577 participants in Massachusetts, 33x the typical Massachusetts plan (state average ~659 per filing). Assets: $9.1B.
- $9.1B
- total plan assets (2024 EOY)
- 21,577
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $421,435
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- New England Teamsters Pension Fund reported net income fell from $5.7B in the plan year 2023 filing to $28M in the plan year 2024 filing.
- New England Teamsters Pension Fund reported participants fell from 21,786 in the plan year 2023 filing to 21,577 in the plan year 2024 filing.
- New England Teamsters Pension Fund end-of-year assets rose from $9.1B in the plan year 2023 filing to $9.1B in the plan year 2024 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. New England Teamsters Pension Fund reports 21,577 participants - 33x that state average ($9.1B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $9.1B |
|---|---|
| Net Assets (End of Year) | $9.1B |
| Net Income | $28M |
| Employer EIN | 046372430 |
| Plan Effective Date | 1958-04-11 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Teamsters Pension Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 21,757 | $3.3B |
| 2023 | 1 | 21,786 | $9.1B |
| 2024 | 1 | 21,577 | $9.1B |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
New England Teamsters Pension Fund vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
- N. Atlantic States Carp. Guaranteed Annuity Fund $3.8B · 10,943
Scale composition for New England Teamsters Pension Fund
New England Teamsters Pension Fund reports $9.1B in end-of-year assets across 21,577 participants (0.074% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $421,435 per participant (3.0x the national average assets-per-participant) . Net income for plan year 2024 was $28M.
This plan identity (EIN 046372430, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $9.1B (+171.7%) while covered participants moved from 21,757 to 21,577 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 21,757 | $3.3B | Open filing |
| 2023 | 21,786 | $9.1B | Open filing |
| 2024 · index core | 21,577 | $9.1B | This page |
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to New England Teamsters Pension Fund by total assets, not by location.
- Caterpillar Inc. Retirement Income Plan (TX) $9.2B · 11,498
- GE Energy Pension Plan (NY) $8.9B · 5,829
- UPS Pension Plan (GA) $9.3B · 157,587
- Sheet Metal Workers' National Pension Fund (VA) $8.9B · 63,530
Frequently Asked Questions
How did New England Teamsters Pension Fund assets move in 2024? ▼
How have New England Teamsters Pension Fund plan assets changed over time? ▼
Where does New England Teamsters Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to New England Teamsters Pension Fund? ▼
Next read for New England Teamsters Pension Fund
Filing takeaways
Ways to act on New England Teamsters Pension Fund's numbers.
- By total assets, New England Teamsters Pension Fund ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
- New England Teamsters Pension Fund's sponsor-wide assets have grown 171.7% since 2022 across 3 plan years on file. More Transportation & Warehousing plans