Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees Milwaukee Drivers Pension Fund Pension Plan

Data updated 2026-08-11

$876M
Total assets
2,288
Participants
99th
Percentile by assets
$382,746
Avg per participant
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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.

  • 99th percentile by assets (of 139,126 plans)
  • #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.

$876M
total plan assets (2022 EOY)
2,288
covered participants
99th
percentile by assets (of 139,126 plans)
$382,746
avg assets per participant

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.

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Milwaukee Drivers Pension Plan reports 2,288 participants - 4.1x that state average ($876M EOY assets).

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)

$0.8B$0.9B$1B$1.1B 202220232024 $0.88B $1.08B ▲ +22.7%
Total plan assets by year, all Board of Trustees Milwaukee Drivers Pension Fund plans on file
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

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 Pe…The Northwestern Mut…Building Trades Unit…Rockwell Automation …The Northwestern Mut…Harley-Davidson Reti…
Milwaukee Drivers Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Milwaukee Drivers Pension Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Milwaukee Drivers Pension Plan's numbers.