Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Milwaukee Drivers Pension Fund Pension Plan

Data updated 2026-08-25

$876M
Total assets Above avg plan size
2,288
Participants Above avg headcount
99th
Percentile by assets National rank
$382,746
Avg per participant High balance/head
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Official DOL plan name: Milwaukee Drivers Pension Plan · Sponsored by Board of Trustees Milwaukee Drivers Pension Fund · Wisconsin · Transportation & Warehousing

$876M in assets, 2,288 participants

Board of Trustees Milwaukee Drivers Pension Fund's Milwaukee Drivers Pension Plan reported $876M in total assets and 2,288 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #3,803 in Transportation & Warehousing (3,876 peers)

Coverage in Wisconsin

Milwaukee Drivers Pension Plan covers 2,288 participants in Wisconsin, 4.1x the typical Wisconsin plan (state average ~563 per filing). Assets: $876M.

#3,803
in Transportation & Warehousing (3,876 peers)
-12.2%
assets change YoY
8.8×
vs typical plan assets (national mean)

The plan reported a net loss of $122M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Milwaukee Drivers Pension Plan's outsized position by total assets

Milwaukee Drivers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$875,723,491 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Milwaukee Drivers Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milwaukee Drivers Pension Plan lands in the large band (2,288 participants).

Plan-year Form 5500 strip

Filing strip 396045229 · Board of Trustees Milwaukee Drivers Pension Fund PY 2022 · Defined Benefit (Pension)

Milwaukee Drivers Pension Plan · $876M · 2,288 · 99th

  • PCT $876M
  • PCT 2,288
  • PCT 99th
  • PCT Defined Benefit (Pension)
  • PCT near Employees' Retirement Plan of Bose Corporation
  • PCT ind #3803

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Wisconsin →

Milwaukee Drivers Pension Plan in the asset neighbourhood

Gciu - Employer Retirement Benefit PlanGciu - Employer Retirement B…$878MElectrical Workers Local No. 26 Pension FundElectrical Workers Local No.…$877MCrown Cork & Seal Company, Inc. Pension PlanCrown Cork & Seal Company, I…$876MEmployees' Retirement Plan of Bose CorporationEmployees' Retirement Plan o…$876MMilwaukee Drivers Pension PlanMilwaukee Drivers Pension Pl…$876M
End-of-year total assets ($M) among Milwaukee Drivers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$998M
Net Assets (End of Year)$875M
Net Income-$122M
Employer EIN396045229
Plan Effective Date1956-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Milwaukee Drivers Pension Fund)

Sponsor-wide plan assets over time

All Board of Trustees Milwaukee Drivers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 23.299183600408867% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B 202220232024 $0.88B $1.08B ▲ +22.7%
Year Plans Participants Total Assets
2022 1 2,288 $876M
2023 1 2,422 $981M
2024 1 2,366 $1.1B

Nearby Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Milwaukee Drivers Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 0.511.522.533.5 Total assets ($B) Participants Milwaukee Drivers Pension Plan, Total assets ($B): 0.875723491 · Participants: 2288Milwaukee Drivers Pension PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 2.951985172 · Participants: 9724Building Trades United Pension Trust Fund Milwaukee and VicinityRockwell Automation Pension Plan, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation Pension PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Retirement Plan
Milwaukee Drivers Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Milwaukee Drivers Pension Plan side-by-side with 3 peers →

Milwaukee Drivers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of Bose Corporation in MA ($876M); by covered participants it is Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 in PA (2,287 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($876M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,288 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Milwaukee Drivers Pension Plan assets move in 2022? ▼
Milwaukee Drivers Pension Plan pulled back noticeably - down 12.2% during 2022, from $998M to $876M. Reported net income was -$122M.
How have Board of Trustees Milwaukee Drivers Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Milwaukee Drivers Pension Fund's sponsor-wide assets grew 23.3%, from $876M to $1.1B.
Where does Milwaukee Drivers Pension Plan rank by assets among Form 5500 filers? ▼
Milwaukee Drivers Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Milwaukee Drivers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees' Retirement Plan of Bose Corporation in MA ($876M, 1,962 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Milwaukee Drivers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lincoln National Corporation Retirement Plan for Employees Hired Prior to January 1 2008 in PA (2,287 participants, $802M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 396045229.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.