Trustees Teamsters Local 346 Savings & 401(K) Plan401(k)

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

Trustees Teamsters Local 346 Savings & 401(K) Plan reported $139,247 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,718 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 fell from 0.53% to 0.50%. 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 706th-largest of 1,918 plans among Minnesota employers on file, and the 558th of 2,677 in transportation & warehousing. In 2024, the employer put in $3.31 for every $1.00 employees contributed themselves; active participation has grown from 214 to 486 since 2022.