Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees Hagerstown Motor Carriers and Pension Plan
Data updated 2026-08-25
- $207M
- Total assets Near avg plan size
- 503
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $411,247
- Avg per participant High balance/head
Official DOL plan name: Hagerstown Motor Carriers and Teamsters Pension Plan · Sponsored by Board of Trustees Hagerstown Motor Carriers and · Maryland · Transportation & Warehousing
$207M in assets, 503 participants
Board of Trustees Hagerstown Motor Carriers and's Hagerstown Motor Carriers and Teamsters Pension Plan reported $207M in total assets and 503 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.
- #3,134 in Transportation & Warehousing (3,362 peers)
Where Hagerstown Motor Carriers and Teamsters Pension Plan sits by assets
Hagerstown Motor Carriers and Teamsters Pension Plan sits in the top 5% of all filed plans by assets, $207M for 503 participants (~$411,247/participant), up 10.7% in 2023.
- #3,134
- in Transportation & Warehousing (3,362 peers)
- +10.7%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
Hagerstown Motor Carriers and Teamsters Pension Plan's outsized position by total assets
Hagerstown Motor Carriers and Teamsters Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$206,857,283 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
Hagerstown Motor Carriers and Teamsters 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. Hagerstown Motor Carriers and Teamsters Pension Plan sits mid-pack in the medium band (503 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hagerstown Motor Carriers and Teamsters Pension Plan reported net income rose from $13M in the plan year 2022 filing to $20M in the plan year 2023 filing.
- Hagerstown Motor Carriers and Teamsters Pension Plan end-of-year assets rose from $187M in the plan year 2022 filing to $207M in the plan year 2023 filing.
- Hagerstown Motor Carriers and Teamsters Pension Plan reported participants fell from 535 in the plan year 2022 filing to 503 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 526045424 · Board of Trustees Hagerstown Motor Carriers and PY 2023 · Defined Benefit (Pension)
Hagerstown Motor Carriers and Teamsters Pension Plan · $207M · 503 · 95th
- PCT $207M
- PCT 503
- PCT 95th
- PCT Defined Benefit (Pension)
- PCT near Teamsters' Construction Industry & Misc Pension Fund
- PCT ind #3134
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 →
Hagerstown Motor Carriers and Teamsters Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $187M |
|---|---|
| Net Assets (End of Year) | $207M |
| Net Income | $20M |
| Employer EIN | 526045424 |
| Plan Effective Date | 1958-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Hagerstown Motor Carriers and)
Sponsor-wide plan assets over time
All Board of Trustees Hagerstown Motor Carriers and plans reported in each filing year
- Latest sponsor-wide plan assets
- $223M 19.56295711382446% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 535 | $187M |
| 2023 | 1 | 503 | $207M |
| 2024 | 1 | 380 | $223M |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 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
Hagerstown Motor Carriers and Teamsters Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is Teamsters' Construction Industry & Misc Pension Fund in PA ($207M); by covered participants it is Southern California Plastering Institute Pension Trust Fund in CA (503 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($207M here).
- Teamsters' Construction Industry & Misc Pension Fund (PA) $207M · 851
- Sheppard, Mullin, Richter & Hampton LLP Cash Balance Pension Plan (CA) $207M · 420
- Hope Gas Pension Plan (WV) $207M · 269
- Intermountain Retail Store Employees Pension Plan (WA) $207M · 3,762
Similar participant headcount
Nearest other-state filings by covered participants (503 participants); asset peers above are excluded.
- Southern California Plastering Institute Pension Trust Fund (CA) 503 · 0 off
- Service Employees International Union Local 1 Cleveland Pension Plan (OH) 503 · 0 off
- Bricklayers & Allied Craftworkers, Loc 2, Albany Ny Pension Fund (NY) 503 · 0 off
- Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Kansas, Inc. (KS) 502 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.