Teamsters Local Union 331 Severance Trust Fund retirement plan: assets, participants and fees
What Teamsters Local Union 331 Severance Trust Fund's 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 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Teamsters Local Union 331 Severance Trust Fund: employer contribution per participant | $763 | |
| Peer median | $2,066 |
| Teamsters Local Union 331 Severance Trust Fund: average balance | $12,367 | |
| Peer median | $77,876 |
| Teamsters Local Union 331 Severance Trust Fund: admin expenses ÷ assets | 1.46% | |
| Peer median | 0.14% |
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 $32.5M at the end of plan year 2021 to $36M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,909 | $36M | $2.2M | $763 | 1.46% | Not published | Form 5500 ↗ |
| 2023 | 2,906 | $33.2M | $2.1M | $729 | 0.90% | Not published | Form 5500 ↗ |
| 2022 | 2,809 | $31.1M | $2.1M | $739 | 0.83% | Not published | Form 5500 ↗ |
| 2021 | 2,768 | $32.5M | $1.9M | $679 | 0.68% | Not published | Form 5500 ↗ |
Common questions
Does Teamsters Local Union 331 Severance Trust Fund match 401(k) contributions?
The match terms for the Teamsters Local Union 331 Severance Trust Fund have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $763 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Teamsters Local Union 331 Severance Trust Fund 401(k) match vested?
The vesting schedule for the Teamsters Local Union 331 Severance Trust Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Teamsters Local Union 331 Severance Trust Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Bridgeway Benefit Technologies. The plan administrator is Teamsters Local Union 331 Severance Trust Fund.
I left Teamsters Local Union 331 Severance Trust Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Teamsters Local Union 331 Severance Trust Fund, (609) 485-0837) or the recordkeeper, Bridgeway Benefit Technologies. The Teamsters Local Union 331 Severance Trust Fund old 401(k) page lists the contacts from every plan filing. Find an old Teamsters Local Union 331 Severance Trust Fund 401(k)
Data from the public Form 5500 annual reports Teamsters Local Union 331 Severance Trust Fund 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 Teamsters Local Union 331 Severance Trust Fund. Not financial advice. Report a correction · Methodology