Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees of the Road Carriers Local 707 Pension Fund Pension Plan
Data updated 2026-08-06
- $664M
- Total assets
- 520
- Participants
- 98th
- Percentile by assets
- $1.3M
- 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
$664M in assets, 520 participants
Board of Trustees of the Road Carriers Local 707 Pension Fund's Road Carriers Local 707 Pension Fund reported $664M in total assets and 520 participants in its 2024 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 116,472 plans)
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, $664M for 520 participants (~$1.3M/participant), down 3.8% in 2024.
- $664M
- total plan assets (2024 EOY)
- 520
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $1.3M
- avg assets per participant
The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Road Carriers Local 707 Pension Fund reported net income fell from $7M in the plan year 2023 filing to -$24M in the plan year 2024 filing.
- Road Carriers Local 707 Pension Fund reported participants fell from 686 in the plan year 2023 filing to 520 in the plan year 2024 filing.
- Road Carriers Local 707 Pension Fund end-of-year assets fell from $689M in the plan year 2023 filing to $664M in the plan year 2024 filing.
Road Carriers Local 707 Pension Fund vs the 2024 asset distribution
By assets, Road Carriers Local 707 Pension Fund outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.6x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $689M |
|---|---|
| Net Assets (End of Year) | $663M |
| Net Income | -$24M |
| 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)
| 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 $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
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.
- Structural Iw Local #1 Pension Plan (IL) $664M · 1,224
- Retirement Plan for the Hourly Employees of Msd (NJ) $660M · 2,880
- Adm Retirement Plan (IL) $667M · 8,042
- GE Healthcare Legacy Affiliates Pension Plan (IL) $659M · 256
Frequently Asked Questions
How did Road Carriers Local 707 Pension Fund assets move in 2024? ▼
How have Board of Trustees of the Road Carriers Local 707 Pension Fund plan assets changed over time? ▼
Where does Road Carriers Local 707 Pension Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Road Carriers Local 707 Pension Fund? ▼
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 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 516106510.
Read our methodology - how this data is sourced, computed, and verified.