Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Hagerstown Motor Carriers and Pension Plan
Data updated 2026-08-25
- $223M
- Total assets Near avg plan size
- 380
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $587,752
- 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
$223M in assets, 380 participants
Board of Trustees Hagerstown Motor Carriers and's Hagerstown Motor Carriers and Teamsters Pension Plan reported $223M in total assets and 380 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.
- #3,067 in Transportation & Warehousing (3,299 peers)
Coverage in Maryland
Hagerstown Motor Carriers and Teamsters Pension Plan covers 380 participants in Maryland, about 41% of the average Maryland filer (state average ~929 per filing). Assets: $223M.
- #3,067
- in Transportation & Warehousing (3,299 peers)
- +8.0%
- assets growth YoY
- 2.2×
- 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 2024 · DOL Form 5500
$223,345,762 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
Hagerstown Motor Carriers and Teamsters 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. Hagerstown Motor Carriers and Teamsters Pension Plan sits mid-pack in the medium band (380 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hagerstown Motor Carriers and Teamsters Pension Plan reported participants fell from 503 in the plan year 2023 filing to 380 in the plan year 2024 filing.
- Hagerstown Motor Carriers and Teamsters Pension Plan reported net income fell from $20M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Hagerstown Motor Carriers and Teamsters Pension Plan end-of-year assets rose from $207M in the plan year 2023 filing to $223M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 526045424 · Board of Trustees Hagerstown Motor Carriers and PY 2024 · Defined Benefit (Pension)
Hagerstown Motor Carriers and Teamsters Pension Plan · $223M · 380 · 95th
- BOY $223M
- SCH 380
- EBSA 95th
- PART Defined Benefit (Pension)
- TYPE near Intermountain Retail Store Employees Pension Plan
- NET ind #3067
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
Maryland filing particulars
| Total Assets (Beginning of Year) | $207M |
|---|---|
| Net Assets (End of Year) | $223M |
| Net Income | $17M |
| 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 $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
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 Intermountain Retail Store Employees Pension Plan in WA ($223M); by covered participants it is Inspira Medical Centers, Inc. Cash Balance Retirement Plan in NJ (380 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($223M here).
- Intermountain Retail Store Employees Pension Plan (WA) $223M · 3,644
- Pension Plan of American Society for Testing and Materials (PA) $223M · 289
- Schlumberger Pension Plan for U.S. Taxpayers Employed Abroad (TX) $223M · 352
- Retirement Plan for Bargaining Unit Employees of the Mtc of Pxd (TX) $223M · 524
Similar participant headcount
Nearest other-state filings by covered participants (380 participants); asset peers above are excluded.
- Inspira Medical Centers, Inc. Cash Balance Retirement Plan (NJ) 380 · 0 off
- Bessemer Non-Contributory Pension Plan (IL) 379 · 1 off
- Tidewater Electrical Industry Pension Fund (VA) 381 · 1 off
- Borgwarner Inc. Retirement Plan (MI) 381 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.