Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Teamsters- National 401K Savings Plan Trust401(k)

TEAMSTERS-NATIONAL 401K SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees of the Teamsters- National 401K Savings Plan Trust reported $2,984,340 in plan administrative expenses for 2024: 0.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $168 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 47th-largest of 3,651 plans among Pennsylvania employers on file, and the 26th of 2,677 in transportation & warehousing. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,475,235,286
Participants with balances29,823
Active participants152,462
Employer contributions$25,689,093
Employee contributions$60,187,795
Employer contribution per active participant$168
Average account balance$49,466
Benefits paid to participants$212,043,785
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 29,823 accts · $25.7M emplr
2023$1.4B · 30,076 accts · $34.4M emplr
2022$1.4B · 33,440 accts · $45.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,093,609
Investment management$94,000
Audit (IQPA)$33,281
Trustee / custodial$44,688
Total administrative$2,984,340
The Board of Trustees of the Teamsters- National 401K Savings Plan Trust 401(k) match · 2024
Employer contribution per active participant$168
Median for plans this size$5,259
2024$168 per active participant
2023$225 per active participant
2022$295 per active participant

Board of Trustees of the Teamsters- National 401K Savings Plan Trust's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
EMPOWER ANNUITY INSURANCE COMPANY · Trustee (directed)$1,232,535
ZENITH AMERICAN SOLUTIONS · Contract administrator$593,200
WITHUMSMITH+BROWN, PC · Accounting / audit$408,030
MORGAN LEWIS BOCKIUS LLP · Legal$381,000
ALAN D BILLER ASSOCIATES · Investment advisory (plan)$94,000
INTERNATIONAL BROTHER OF TEAMSTERS$25,848
FEINBERG DUMONT BRENNAN · Legal$14,791

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$2,984,340 · 0.21%
2023$3,151,766 · 0.22%
2022$3,280,491 · 0.22%
Similar plansTransportation & Warehousing · Pennsylvania
Skywest, Inc. UT$1.7B · 0.06%
Csx Corporation FL$1.5B · 0.09%
Oneok, Inc. OK$1.4B
Dpwn Holdings USA, Inc. FL$1.4B · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521967784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.