Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Milwaukee Drivers Pension Fund Pension Plan

Data updated 2026-07-24

$1.1B
Total assets
2,366
Participants
99th
Percentile by assets
$456,365
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

$1.1B in assets, 2,366 participants

Board of Trustees Milwaukee Drivers Pension Fund's Milwaukee Drivers Pension Plan reported $1.1B in total assets and 2,366 participants in its 2024 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 116,472 plans)

Coverage in Wisconsin

Milwaukee Drivers Pension Plan covers 2,366 participants in Wisconsin, 4.2x the typical Wisconsin plan (state average ~565 per filing). Assets: $1.1B.

$1.1B
total plan assets (2024 EOY)
2,366
covered participants
99th
percentile by assets (of 116,472 plans)
$456,365
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Milwaukee Drivers Pension Plan end-of-year assets rose from $981M in the plan year 2023 filing to $1.1B in the plan year 2024 filing.
  • Milwaukee Drivers Pension Plan reported net income fell from $105M in the plan year 2023 filing to $99M in the plan year 2024 filing.
  • Milwaukee Drivers Pension Plan reported participants fell from 2,422 in the plan year 2023 filing to 2,366 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 565 participants across 2,767 plans. Milwaukee Drivers Pension Plan reports 2,366 participants - 4.2x that state average ($1.1B EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$981M
Net Assets (End of Year)$1.1B
Net Income$99M
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 01234 Total assets ($B) Participants Milwaukee Drivers Pe…Building Trades Unit…The Northwestern Mut…The Northwestern Mut…Harley-Davidson Reti…North Central States…
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 2024?
Milwaukee Drivers Pension Plan grew at a solid clip - up 10.1% during 2024, from $981M to $1.1B. Reported net income was $99M.
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 116,472 plans that reported assets for plan year 2024 (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 Mufg Bank, Ltd. Retirement Plan in NY ($1.1B, 4,727 participants).

Filing takeaways

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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 396045229.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.