Trustees of Teamsters Local 929 Retirement PlanMoney purchase plan
TEAMSTERS LOCAL 929 RETIREMENT PLAN · PENNSAUKEN, NJ · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Trustees of Teamsters Local 929 Retirement Plan reported $358,570 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $868 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 0.96% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 779th-largest of 2,419 plans among New Jersey employers on file, and the 523rd of 2,677 in transportation & warehousing. active participation has grown from 1,415 to 3,105 since 2022.
Trustees of Teamsters Local 929 Retirement Plan's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 232592447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.