Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters retirement plan: assets, participants and fees
What Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bridgeway Benefit Technologies | Schedule C ↗ |
| Independent auditor | Mspc Certified Public Accountants & (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,836 defined-contribution plans in transportation and warehousing with 100 to 499 participants.
| Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters: employer contribution per participant | $4,566 | |
| Peer median | $1,076 |
| Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters: average balance | $55,923 | |
| Peer median | $31,804 |
| Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters: admin expenses ÷ assets | 0.92% | |
| Peer median | 0.46% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $14.4M at the end of plan year 2021 to $15.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 276 | $15.4M | $1.3M | $4,566 | 0.92% | Not published | Form 5500 ↗ |
| 2023 | 293 | $15M | $1.2M | $4,221 | 1.11% | Not published | Form 5500 ↗ |
| 2022 | 302 | $13M | $1.3M | $4,225 | 0.97% | Not published | Form 5500 ↗ |
| 2021 | 324 | $14.4M | $1.3M | $4,149 | 0.84% | Not published | Form 5500 ↗ |
Other Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Bridgeway Benefit Technologies | Schedule C ↗ |
| Independent auditor | Mspc Certified Public Accountants & (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters match 401(k) contributions?
The match terms for the Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $4,566 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters 401(k) match vested?
The vesting schedule for the Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bridgeway Benefit Technologies. The plan administrator is Defined Contribution Plan of the Mid Jersey Trucking Industry and Team.
I left Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Defined Contribution Plan of the Mid Jersey Trucking Industry and Team, (732) 297-3900) or the recordkeeper, Bridgeway Benefit Technologies. The Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters old 401(k) page lists the contacts from every plan filing. Find an old Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters 401(k)
Data from the public Form 5500 annual reports Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Defined Benefit Plan of the Mid-Jersey Trucking Industry and Teamsters. Not financial advice. Report a correction · Methodology