Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Milwaukee Drivers Pension Fund Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
2,366
Participants Above avg headcount
99th
Percentile by assets National rank
$456,365
Avg per participant High balance/head
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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.

  • #3,221 in Transportation & Warehousing (3,299 peers)

Coverage in Wisconsin

Milwaukee Drivers Pension Plan covers 2,366 participants in Wisconsin, 4.2x the typical Wisconsin plan (state average ~563 per filing). Assets: $1.1B.

#3,221
in Transportation & Warehousing (3,299 peers)
+10.1%
assets growth YoY
11×
vs typical plan assets (national mean)

Milwaukee Drivers Pension Plan's outsized position by total assets

Milwaukee Drivers Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,079,759,915 Top 1% higher than 99% of 123,620 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 2024

Milwaukee Drivers Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milwaukee Drivers Pension Plan lands in the large band (2,366 participants).

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 →

DOL schedule card

Filing strip 396045229 · Board of Trustees Milwaukee Drivers Pension Fund PY 2024 · Defined Benefit (Pension)

Milwaukee Drivers Pension Plan · $1.1B · 2,366 · 99th

  • PART $1.1B
  • TYPE 2,366
  • NET 99th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Mufg Bank, Ltd. Retirement Plan
  • BOY ind #3221

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 Wisconsin →

Milwaukee Drivers Pension Plan in the asset neighbourhood

Tribune Media Company Retirement PlanTribune Media Company Retire…$1.1BFmc Corporation Employees' Retirement ProgramFmc Corporation Employees' R…$1.1BMilwaukee Drivers Pension PlanMilwaukee Drivers Pension Pl…$1.1BMufg Bank, Ltd. Retirement PlanMufg Bank, Ltd. Retirement P…$1.1BGroup Retirement Income Plan No.16Group Retirement Income Plan…$1.1B
End-of-year total assets ($B) among Milwaukee Drivers Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Board of Trustees Milwaukee Drivers Pension Fund plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 23.299183600408867% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B 202220232024 $0.88B $1.08B ▲ +22.7%
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 Scatter plot of 6 data points. 020004000600080001000012000 01234 Total assets ($B) Participants Milwaukee Drivers Pension Plan, Total assets ($B): 1.079759915 · Participants: 2366Milwaukee Drivers Pension PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.531588718 · Participants: 10236Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.254287792 · Participants: 8254The Northwestern Mutual Employee Retirement PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.075823689 · Participants: 7653The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.851962731 · Participants: 1414Harley-Davidson Retirement PlanNorth Central States Regional Council of Carpenters Pension Fund, Total assets ($B): 1.83166949 · Participants: 5105North Central States Regional Council of Carpenters Pension Fund
Milwaukee Drivers Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Milwaukee Drivers Pension Plan side-by-side with 3 peers →

Milwaukee Drivers Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Mufg Bank, Ltd. Retirement Plan in NY ($1.1B); by covered participants it is Mission Support and Test Services LLC (Msts) Employee Retirement Plan in NV (2,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,366 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 123,622 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Milwaukee Drivers Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mission Support and Test Services LLC (Msts) Employee Retirement Plan in NV (2,366 participants, $534M in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

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