Plan Ledger DOL Form 5500 · updated monthly

Central Pennsylvania Teamsters Pension Fund, TrusteesMoney purchase plan

CENTRAL PENNSYLVANIA TEAMSTERS RETIREMENT INCOME PLAN 1987 · READING, PA · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Central Pennsylvania Teamsters Pension Fund, Trustees reported $4,031,379 in plan administrative expenses for 2022: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,772 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 2 years on file its reported administrative ratio rose from 0.39% to 0.45%. The plan sits in the over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 86th-largest of 3,651 plans among Pennsylvania employers on file, and the 46th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$915,661,143
Participants with balances9,077
Active participants3,684
Employer contributions$10,212,548
Employee contributions—
Employer contribution per active participant$2,772
Average account balance$100,877
Benefits paid to participants$109,696,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$795.0M · 8,238 accts · $12.4M emplr
2023$854.7M · 8,737 accts · $11.4M emplr
2022$915.7M · 9,077 accts · $10.2M emplr
Administrative expenses, itemized · 2022
Investment management$2,224,094
Professional / advisory$510,778
Total administrative$4,031,379
Employer contributions to the Central Pennsylvania Teamsters Pension Fund, Trustees plan · 2022
Employer contribution per active participant$2,772
Median for plans this size$4,897
2024$3,692 per active participant
2023$3,336 per active participant
2022$2,772 per active participant

Central Pennsylvania Teamsters Pension Fund, Trustees's 2022 employer contribution ran below the $4,897 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024BRIDGEWAY BENEFIT TECHNOLOGIES, LLC, ESSEX TECHNOLOGY GROUP INC, STRATIX SYSTEMS, INC.
2023ESSEX TECHNOLOGY GROUP INC

This plan has changed recordkeepers within these filings. If you left Central Pennsylvania Teamsters Pension Fund, Trustees before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,676,080 · 0.45%
2023$3,806,480 · 0.43%
2022$4,031,379 · 0.39%
Similar plansTransportation & Warehousing · Pennsylvania
Iron Mountain Incorporated PA$943.1M · 0.11%
Pitt Ohio Express, LLC PA$396.0M · 0.08%
A. Duie Pyle, Incorporated PA$292.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 236262789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.