Teamsters Local 710 Pension Fund vs Operating Engineers Local 324 Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Teamsters Local 710 Pension Fund (A) and Operating Engineers Local 324 Pension Fund (A) are close on the LakeQuality rubric. Funding ratios sit at 94% and 105% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to Teamsters Local 710 Pension Fund at 97/100 (A). Funding ratios differ by 11.1 percentage points (105.1% vs 94.1%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.
| Metric | Teamsters Local 710 Pension Fund | Operating Engineers Local 324 Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 94.1% | 105.1%* |
| Total Assets | $55.6B | $24.8B |
| Total Liabilities | $59.1B | $23.6B* |
| Unfunded Liability | $3.5B | $0* |
| Participants | 634,861 | 230,039 |
| 1-Year Investment Return | 4.2% | 5.7%* |
| Plan Type | multiemployer | multiemployer |
| PBGC Risk Level | low | low |
| Sponsor | Teamsters Local 710 | IUOE Local 324 |
Operating Engineers Local 324 Pension Fund has a stronger Pension Health Score of 100/100 (A) compared to Teamsters Local 710 Pension Fund at 97/100 (A). Funding ratios differ by 11.1 percentage points (105.1% vs 94.1%). Operating Engineers Local 324 Pension Fund covers 230,039 participants.