Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees of the Road Carriers Local 707 Pension Fund Pension Plan

Data updated 2026-08-11

$689M
Total assets: 686
Participants: 98th
Percentile by assets: $1.0M
Avg per participant

Official DOL plan name: Road Carriers Local 707 Pension Fund · Sponsored by Board of Trustees of the Road Carriers Local 707 Pension Fund · New York · Transportation & Warehousing

$689M in assets, 686 participants

Board of Trustees of the Road Carriers Local 707 Pension Fund's Road Carriers Local 707 Pension Fund reported $689M in total assets and 686 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#3,257 in Transportation & Warehousing (3,362 peers)

Where Road Carriers Local 707 Pension Fund sits by assets

Road Carriers Local 707 Pension Fund sits in the top 5% of all filed plans by assets, $689M for 686 participants (~$1.0M/participant), up 1.3% in 2023.

$689M
total plan assets (2023 EOY): 686
covered participants: 98th
percentile by assets (of 127,072 plans): $1.0M
avg assets per participant

Road Carriers Local 707 Pension Fund reported net income fell from $676M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Road Carriers Local 707 Pension Fund end-of-year assets rose from $680M in the plan year 2022 filing to $689M in the plan year 2023 filing.
Road Carriers Local 707 Pension Fund reported participants fell from 694 in the plan year 2022 filing to 686 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Transportation & Warehousing

Road Carriers Local 707 Pension Fund vs the 2023 asset distribution

By assets, Road Carriers Local 707 Pension Fund outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 6.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$680M
Net Assets (End of Year)	$687M
Net Income	$7M
Employer EIN	516106510
Plan Effective Date	1950-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of the Road Carriers Local 707 Pension Fund)

Total plan assets by year, all Board of Trustees of the Road Carriers Local 707 Pension Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	694	$680M
2023	1	686	$689M
2024	1	520	$664M

Nearby Defined Benefit (Pension) Plans in New York

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

Road Carriers Local 707 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

IBM Personal Pension Plan $25.0B · 14,881
Consolidated Edison Retirement Plan $16.2B · 10,779
1199seiu Health Care Employees Pension Fund $16.2B · 107,582
Pfizer Consolidated Pension Plan $11.0B · 9,616
Pepsico Employees Retirement Plan I $7.6B · 12,289

Compare Road Carriers Local 707 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Road Carriers Local 707 Pension Fund by total assets, not by location.

Beth Israel Lahey Health Defined Benefit Plan I (MA) $688M · 5,470
International Union of Operating Engineers Local Union No. 478, a-C-D-E Pension Plan (CT) $694M · 2,316
Johns Hopkins University Support Staff Pension Plan (MD) $685M · 2,815
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations (OH) $683M · 328

Frequently Asked Questions

How did Road Carriers Local 707 Pension Fund assets move in 2023? ▼

Road Carriers Local 707 Pension Fund edged up modestly - up 1.3% during 2023, from $680M to $689M. Reported net income was $7M.

How have Board of Trustees of the Road Carriers Local 707 Pension Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of the Road Carriers Local 707 Pension Fund's sponsor-wide assets declined 2.5%, from $680M to $664M.

Where does Road Carriers Local 707 Pension Fund rank by assets among Form 5500 filers? ▼

Road Carriers Local 707 Pension Fund ranks in the 98th 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 Road Carriers Local 707 Pension Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Beth Israel Lahey Health Defined Benefit Plan I in MA ($688M, 5,470 participants).

Next read for Road Carriers Local 707 Pension Fund

Scale reading

Ways to act on Road Carriers Local 707 Pension Fund's numbers.

By total assets, Road Carriers Local 707 Pension Fund ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
Board of Trustees of the Road Carriers Local 707 Pension Fund's sponsor-wide assets have declined 2.5% since 2022 across 3 plan years on file. More Transportation & Warehousing plans

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 516106510.