Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees, Freight Drivers and Helpers Local Union No. 557 Pension Plan
Data updated 2026-08-25
- $213M
- Total assets Near avg plan size
- 216
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $984,528
- Avg per participant High balance/head
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
$213M in assets, 216 participants
Board of Trustees, Freight Drivers and Helpers Local Union No. 557's Freight Drivers and Helpers Local Union No. 557 Pension Plan reported $213M in total assets and 216 participants in its 2024 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.
- #3,061 in Transportation & Warehousing (3,299 peers)
Coverage in Maryland
Freight Drivers and Helpers Local Union No. 557 Pension Plan covers 216 participants in Maryland, about 23% of the average Maryland filer (state average ~929 per filing). Assets: $213M.
- #3,061
- in Transportation & Warehousing (3,299 peers)
- -0.7%
- assets change YoY
- 2.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
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 2024 · DOL Form 5500
$212,658,132 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Freight Drivers and Helpers Local Union No. 557 Pension Plan among mid-size filed plans by headcount
Plan-year 2024 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 (216 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Freight Drivers and Helpers Local Union No. 557 Pension Plan reported net income fell from $11M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Freight Drivers and Helpers Local Union No. 557 Pension Plan reported participants fell from 234 in the plan year 2023 filing to 216 in the plan year 2024 filing.
- Freight Drivers and Helpers Local Union No. 557 Pension Plan end-of-year assets fell from $214M in the plan year 2023 filing to $213M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 526118055 · Board of Trustees, Freight Drivers and Helpers Local Union No. 557 PY 2024 · Defined Benefit (Pension)
Freight Drivers and Helpers Local Union No. 557 Pension Plan · $213M · 216 · 95th
- EBSA $213M
- EBSA 216
- EBSA 95th
- EBSA Defined Benefit (Pension)
- EBSA near Unify Inc. Pension Plan
- EBSA ind #3061
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 →
Freight Drivers and Helpers Local Union No. 557 Pension Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $214M |
|---|---|
| Net Assets (End of Year) | $212M |
| Net Income | -$2M |
| 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)
Sponsor-wide plan assets over time
All Board of Trustees, Freight Drivers and Helpers Local Union No. 557 plans reported in each filing year
- 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.
- National Electrical Benefit Fund $20.4B · 332,362
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
- Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
- National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
- Major League Baseball Players Pension Plan $4.8B · 1,091
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 Unify Inc. Pension Plan in AZ ($212M); by covered participants it is Young Brothers, Limited Pension Plan in HI (216 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($213M here).
- Unify Inc. Pension Plan (AZ) $212M · 82
- Nyu Langone Hospital-Brooklyn Uft Retirement Plan (NY) $212M · 1,162
- Sabre Glbl Inc. Legacy Pension Plan (TX) $212M · 187
- Hope Gas Pension Plan (WV) $212M · 297
Similar participant headcount
Nearest other-state filings by covered participants (216 participants); asset peers above are excluded.
- Young Brothers, Limited Pension Plan (HI) 216 · 0 off
- American Commercial Barge Line LLC Pension Plan (IN) 216 · 0 off
- Del Monte Foods Corporation II Inc. Retirement Plan (CA) 216 · 0 off
- Employers' - Warehousemen's Pension Trust Fund (CA) 216 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.