Defined Benefit (Pension) · DOL Form 5500 · 2024
Board of Trustees Hagerstown Motor Carriers and Pension Plan
Data updated 2026-08-11
- $223M
- Total assets
- 380
- Participants
- 95th
- Percentile by assets
- $587,752
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $223M
- total plan assets (2024 EOY)
- 380
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $587,752
- avg assets per participant
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.
Participants vs Maryland filers
In Maryland, the average filing covers about 929 participants across 2,484 plans. Hagerstown Motor Carriers and Teamsters Pension Plan reports 380 participants - about 41% of that state average ($223M EOY assets).
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)
| 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.
Hagerstown Motor Carriers and Teamsters Pension Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hagerstown Motor Carriers and Teamsters Pension Plan by total assets, not by location.
- 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
Frequently Asked Questions
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Next read for Hagerstown Motor Carriers and Teamsters …
Filing takeaways
Ways to act on Hagerstown Motor Carriers and Teamsters Pension Plan's numbers.
- By total assets, Hagerstown Motor Carriers and Teamsters Pension Plan 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 Maryland. Compare plans
- Board of Trustees Hagerstown Motor Carriers and's sponsor-wide assets have grown 19.6% since 2022 across 3 plan years on file. More Transportation & Warehousing plans