Defined Benefit (Pension) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$214M
Total assets Near avg plan size: 234
Participants Below avg headcount: 95th
Percentile by assets National rank: $915,226
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

$214M in assets, 234 participants

Board of Trustees, Freight Drivers and Helpers Local Union No. 557's Freight Drivers and Helpers Local Union No. 557 Pension Plan reported $214M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

#3,136 in Transportation & Warehousing (3,362 peers)

Coverage in Maryland

Freight Drivers and Helpers Local Union No. 557 Pension Plan covers 234 participants in Maryland, about 25% of the average Maryland filer (state average ~929 per filing). Assets: $214M.

#3,136
in Transportation & Warehousing (3,362 peers): +5.6%
assets growth YoY: 2.1×
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 2023 · DOL Form 5500

$214,162,886 Top 5% higher than 95% of 127,068 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

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

Plan-year 2023 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 (234 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Freight Drivers and Helpers Local Union No. 557 Pension Plan reported net income fell from $176M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Freight Drivers and Helpers Local Union No. 557 Pension Plan end-of-year assets rose from $203M in the plan year 2022 filing to $214M in the plan year 2023 filing.
Freight Drivers and Helpers Local Union No. 557 Pension Plan reported participants rose from 223 in the plan year 2022 filing to 234 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 526118055 · Board of Trustees, Freight Drivers and Helpers Local Union No. 557 PY 2023 · Defined Benefit (Pension)

Freight Drivers and Helpers Local Union No. 557 Pension Plan · $214M · 234 · 95th

EBSA $214M
EBSA 234
EBSA 95th
EBSA Defined Benefit (Pension)
EBSA near Firmenich Pension Plan
EBSA ind #3136

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 →

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 2023.

Maryland filing particulars

Total Assets (Beginning of Year)	$203M
Net Assets (End of Year)	$214M
Net Income	$11M
Employer EIN	526118055
Plan Effective Date	1954-11-24
Filing Status	FILING RECEIVED

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

Latest sponsor-wide plan assets: $213M 4.855127951893035% vs 2022; 2024 filing year

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

National Electrical Benefit Fund $18.9B · 323,315
Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
Major League Baseball Players Pension Plan $4.6B · 1,087
National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973

Compare Freight Drivers and Helpers Local Union No. 557 Pension Plan side-by-side with 3 peers →

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 Firmenich Pension Plan in NJ ($214M); by covered participants it is Earle M. Jorgensen Hourly Employees Pension Plan in AZ (234 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($214M here).

Firmenich Pension Plan (NJ) $214M · 363
Retirement Plan for Partners of Wilmer Cutler Pickering Hale and Dorr LLP (MA) $214M · 248
Northwest Airlines Pension Plan for Salaried Employees (GA) $214M · 628
University of Virginia Physicians Group Clinicians Supplemental Retirement Plan (VA) $215M · 505

Similar participant headcount

Nearest other-state filings by covered participants (234 participants); asset peers above are excluded.

Earle M. Jorgensen Hourly Employees Pension Plan (AZ) 234 · 0 off
Listerhill Credit Union Cash Balance Defined Benefit Plan and Trust (AL) 234 · 0 off
United Mine Workers of America 1985 Construction Workers Pension Plan (WV) 234 · 0 off
Pension Plan for Plumbers and Pipefitters Local Union No. 776 (Lima, Ohio) (OH) 234 · 0 off

DOL Form 5500 plan year 2023. 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 2023? ▼

Freight Drivers and Helpers Local Union No. 557 Pension Plan grew at a solid clip - up 5.6% during 2023, from $203M to $214M. Reported net income was $11M.

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 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Firmenich Pension Plan in NJ ($214M, 363 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 Earle M. Jorgensen Hourly Employees Pension Plan in AZ (234 participants, $64M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 526118055.