Defined Benefit (Pension) · DOL Form 5500 · 2022

Board of Trustees, Freight Drivers and Helpers Local Union No. 557 Pension Plan

Data updated 2026-08-25

$203M
Total assets Near avg plan size
223
Participants Below avg headcount
96th
Percentile by assets National rank
$909,468
Avg per participant High balance/head
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Official DOL plan name: Freight Drivers and Helpers Local Union No. 557 Pension Plan · Sponsored by Board of Trustees, Freight Drivers and Helpers Local Union No. 557 · Maryland · Transportation & Warehousing

$203M in assets, 223 participants

Board of Trustees, Freight Drivers and Helpers Local Union No. 557's Freight Drivers and Helpers Local Union No. 557 Pension Plan reported $203M in total assets and 223 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #3,662 in Transportation & Warehousing (3,876 peers)

Coverage in Maryland

Freight Drivers and Helpers Local Union No. 557 Pension Plan covers 223 participants in Maryland, about 24% of the average Maryland filer (state average ~929 per filing). Assets: $203M.

#3,662
in Transportation & Warehousing (3,876 peers)
+604.9%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Freight Drivers and Helpers Local Union No. 557 Pension Plan's outsized position by total assets

Freight Drivers and Helpers Local Union No. 557 Pension Plan vs every filed plan by assets

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

$202,811,380 Top 4% higher than 96% 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

Freight Drivers and Helpers Local Union No. 557 Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freight Drivers and Helpers Local Union No. 557 Pension Plan sits mid-pack in the medium band (223 participants).

Published 5500 schedule card

Filing strip 526118055 · Board of Trustees, Freight Drivers and Helpers Local Union No. 557 PY 2022 · Defined Benefit (Pension)

Freight Drivers and Helpers Local Union No. 557 Pension Plan · $203M · 223 · 96th

  • EBSA $203M
  • PART 223
  • TYPE 96th
  • NET Defined Benefit (Pension)
  • BOOK near American Sugar Refining and Subsidiaries Pension P
  • VS-ST ind #3662

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 Maryland →

Freight Drivers and Helpers Local Union No. 557 Pension Plan in the asset neighbourhood

Swift Pension Plan$203MNorthwest Bank Pension Plan$203MWellington Management Company LLP Defined Benefit PlanWellington Management Compan…$203MFreight Drivers and Helpers Local Union No. 557 Pension PlanFreight Drivers and Helpers …$203MAmerican Sugar Refining and Subsidiaries Pension PAmerican Sugar Refining and …$203M
End-of-year total assets ($M) among Freight Drivers and Helpers Local Union No. 557 Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$203M
Net Income$176M
Employer EIN526118055
Plan Effective Date1954-11-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees, Freight Drivers and Helpers Local Union No. 557)

Sponsor-wide plan assets over time

All Board of Trustees, Freight Drivers and Helpers Local Union No. 557 plans reported in each filing year

Latest sponsor-wide plan assets
$213M 4.855127951893035% vs 2022
2024 filing year
$200M$205M$210M$215M$220M 202220232024 $203M $213M ▲ +4.9%
Year Plans Participants Total Assets
2022 1 223 $203M
2023 1 234 $214M
2024 1 216 $213M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Freight Drivers and Helpers Local Union No. 557 Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Freight Drivers and Helpers Local Union No. 557 Pension Plan, Total assets ($B): 0.20281138 · Participants: 223Freight Drivers and Helpers Local Union No. 557 Pension PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
Freight Drivers and Helpers Local Union No. 557 Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Freight Drivers and Helpers Local Union No. 557 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is American Sugar Refining and Subsidiaries Pension P in NY ($203M); by covered participants it is Wbc Holdings, L.P. Cash Balance Retirement Plan in IL (223 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($203M here).

Similar participant headcount

Nearest other-state filings by covered participants (223 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 Freight Drivers and Helpers Local Union No. 557 Pension Plan assets move in 2022?
Freight Drivers and Helpers Local Union No. 557 Pension Plan surged - up 604.9% during 2022, from $29M to $203M. Reported net income was $176M.
How have Board of Trustees, Freight Drivers and Helpers Local Union No. 557 plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees, Freight Drivers and Helpers Local Union No. 557's sponsor-wide assets grew 4.9%, from $203M to $213M.
Where does Freight Drivers and Helpers Local Union No. 557 Pension Plan rank by assets among Form 5500 filers?
Freight Drivers and Helpers Local Union No. 557 Pension Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Freight Drivers and Helpers Local Union No. 557 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is American Sugar Refining and Subsidiaries Pension P in NY ($203M, 426 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Freight Drivers and Helpers Local Union No. 557 Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wbc Holdings, L.P. Cash Balance Retirement Plan in IL (223 participants, $56M in assets).