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Industry · Form 5500 business code 484120
General Freight Trucking, Long-distance: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 404 retirement plans in general freight trucking, long-distance with 100 or more participants filed Form 5500: 382 defined contribution and 22 defined benefit. They reported 1,992,776 participant records and $145.1B in net assets, counting every plan on the form.
The median defined contribution plan held $27,883 per participant, well below the national median of $53,031, and its employer put in $990 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $113 per participant against $123 nationally.
Employers contributed $5.20B and participants $1.62B during the year, and the plans paid out $11.8B in benefits.
In 2009 the same group numbered 557 plans with $65.2B; by 2024 it was 404 plans (down 27%) and $145.1B (up 122%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $27,883 | $53,031 | $86,800 | $86,234 |
| Employer contributions per active participant | $990 | $2,174 | $16,975 | $10,244 |
| Schedule C compensation per participant | $113 | $123 | $300 | $344 |
| Schedule C compensation, share of net assets | 0.42% | 0.26% | 0.41% | 0.42% |
| Administrative expenses per participant | $107 | $116 | $451 | $527 |
Medians across plans with 100 or more participants (365 DC and 22 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $15,344 | $27,883 | $44,400 | 365 |
| Employer contributions per active participant | $525 | $990 | $1,841 | 348 |
| Schedule C compensation per participant | $55.07 | $113 | $175 | 330 |
| Administrative expenses per participant | $48.01 | $107 | $181 | 353 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 54 | 133,458 | $11.2B | $345M | $342M | $31,928 | $103 |
| 2024 | 404 | 1,992,776 | $145.1B | $5.20B | $1.62B | $27,883 | $113 |
| 2023 | 427 | 2,006,735 | $146.0B | $5.18B | $1.60B | $25,601 | $95.50 |
| 2022 | 528 | 2,074,777 | $131.2B | $5.30B | $1.58B | $19,878 | $86.56 |
| 2021 | 524 | 2,009,693 | $108.5B | $4.70B | $1.43B | $23,409 | $92.16 |
| 2020 | 527 | 1,980,392 | $100.6B | $4.39B | $1.24B | $21,507 | $78.90 |
| 2019 | 527 | 1,963,355 | $93.6B | $4.31B | $1.19B | $18,093 | $65.14 |
| 2018 | 513 | 1,879,979 | $82.4B | $4.04B | $975M | $16,291 | $63.76 |
| 2017 | 516 | 1,856,579 | $87.7B | $4.04B | $837M | $17,137 | $54.95 |
| 2016 | 513 | 1,807,971 | $80.7B | $3.59B | $755M | $15,343 | $48.22 |
| 2015 | 511 | 1,821,349 | $79.0B | $3.64B | $756M | $15,037 | $42.91 |
| 2014 | 504 | 1,809,678 | $81.6B | $3.55B | $653M | $15,148 | $42.11 |
| 2013 | 509 | 1,744,351 | $79.9B | $3.31B | $606M | $14,545 | $38.28 |
| 2012 | 519 | 1,760,209 | $73.5B | $2.97B | $573M | $12,712 | $35.79 |
| 2011 | 520 | 1,677,084 | $68.9B | $4.20B | $546M | $12,498 | $43.52 |
| 2010 | 545 | 1,708,020 | $69.7B | $2.82B | $508M | $12,646 | $42.45 |
| 2009 | 557 | 1,779,241 | $65.2B | $2.67B | $568M | $11,928 | $34.15 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 408 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 408 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Western Conference of Teamsters Pension Plan | Western Conference of Teamsters Pension Trust Fund Board of Trustees | WA | DB | 639,222 | $55.8B | $87,237 | $11,442 | $712 |
| Central States, Southeast & Southwest Areas Pension Plan | Trustees of Central States, SE and SW Areas Pension Fund | IL | DB | 332,020 | $38.3B | $115,490 | $11,942 | $103 |
| Teamsters-National 401(k) Savings Plan | Board of Trustees of the Teamsters- National 401(k) Savings Plan Trust | PA | DC | 164,679 | $1.48B | $8,958 | $168 | $16.45 |
| New England Teamsters Pension Fund | New England Teamsters Pension Fund | MA | DB | 71,322 | $9.08B | $127,370 | $18,951 | $93.97 |
| J.B. Hunt Transport Services, Inc. Employee Retirement Plan | J.B. Hunt Transport Services, Inc. | AR | DC | 37,454 | $1.58B | $42,242 | $1,097 | $51.12 |
| Knight-Swift Transportation Holdings, Inc. Retirement Plan | Knight-Swift Transportation Holdings Inc. | AZ | DC | 36,328 | $1.02B | $28,053 | $1,082 | $65.17 |
| New York State Teamsters Conference Pension & Retirement Fund | Trustees of Nys Teamsters Conference | NY | DB | 32,657 | $2.82B | $86,362 | $17,066 | $139 |
| Reyes Holdings Retirement Plan | Reyes Holdings, L.L.C. | IL | DC | 28,836 | $2.11B | $73,089 | $2,813 | $62.20 |
| Central Pennsylvania Teamsters Defined Benefit Plan | Central Pennsylvania Teamsters Pension Fund, Trustees | PA | DB | 25,602 | $1.49B | $58,095 | $18,476 | $187 |
| Teamsters Pension Trust Fund of Philadelphia & Vic | Board of Trustees of Teamsters Pension Trust Fund of Philadelphia & VI | NJ | DB | 24,600 | $2.48B | $100,749 | $20,914 | $520 |
| R&L Carriers, Inc. 401(k) Retirement Savings Plan | R&L Carriers, Inc. | OH | DC | 22,449 | $472M | $21,042 | $608 | $23.13 |
| Xpo Logistics, Inc. 401(k) Plan | Xpo Logistics, Inc. | CT | DC | 21,537 | $715M | $33,213 | $1,731 | $40.18 |
| Estes Express Lines 401(k) Retirement Plan | Estes Express Lines | VA | DC | 21,498 | $866M | $40,290 | $1,414 | $57.86 |
| International Brotherhood of Teamsters Union Local 710 Pension Fund | Trustees of I.B. of T. Union Local 710 Pension Fund | IL | DB | 21,316 | $4.77B | $224,004 | $27,300 | $656 |
| Schneider National, Inc. 401(k) Savings and Retirement Plan | Schneider National, Inc. | WI | DC | 18,168 | $893M | $49,173 | $1,432 | $45.78 |
| Nfi Industries, Inc. Employee Retirement Savings Plan | Nfi Industries, Inc. | NJ | DC | 16,688 | $299M | $17,932 | $941 | $35.48 |
| Western Conference of Teamsters Supp Benefit Plan | Board of Trustees, Western Conference of Teamsters | CA | DB | 13,908 | $74.4M | $5,352 | $235 | $90.23 |
| Robinson Companies Retirement Plan | C.H. Robinson Company, Inc. | MN | DC | 13,876 | $2.05B | $147,499 | $5,951 | $52.15 |
| Penske Retirement Savings Plan | Penske Truck Leasing Co., LP | PA | DC | 13,779 | $143M | $10,349 | $339 | $2.91 |
| Averitt Express, Inc. Profit Sharing and 401(k) Plan | Averitt Express, Inc. | TN | DC | 13,016 | $775M | $59,560 | $5,069 | $75.51 |
| Werner Enterprises, Inc. and Subsidiaries Employees' 401(k) Retirement Savings Plan | Werner Enterprises, Inc. | NE | DC | 11,193 | $310M | $27,657 | $660 | $46.01 |
| Your Retirement Savings Plan | Your Retirement Savings Plan Company | MS | DC | 10,815 | $205M | $18,925 | $569 | $57.17 |
| Crete Carrier Corporation 401(k) Profit Sharing Plan | Crete Carrier Corporation | NE | DC | 10,489 | $392M | $37,415 | $1,955 | $114 |
| Southeastern Freight Lines Retirement Savings Program | Southeastern Freight Lines, Inc. | SC | DC | 10,084 | $1.31B | $129,675 | $3,160 | $65.16 |
| Suburban Teamsters of Northern Illinois Pension Plan | Trustees of Suburban Teamsters of Northern Illinois Pension Fund | IL | DB | 10,032 | $921M | $91,833 | $16,884 | $505 |
| Tforce Freight Pension Plan | Tforce Holdings USA, Inc. | TX | DB | 9,324 | $238M | $25,501 | $7,497 | $112 |
| Western Express, Inc. 401(k) Plan | Western Express, Inc. | TN | DC | 9,293 | $10.6M | $1,144 | $1 | $2.59 |
| C. R. England, Inc. Profit Sharing | C.R. England, Inc. | UT | DC | 8,296 | $121M | $14,564 | $243 | $27.51 |
| Central Pennsylvania Teamsters Retirement Income Plan 1987 | Central Pennsylvania Teamsters Pension Fund, Trustees | PA | DC | 8,238 | $795M | $96,501 | $3,692 | $302 |
| Xpo Logistics Retirement Savings Plan | Xpo CNW, Inc. | CT | DC | 8,107 | $1.89B | $232,922 | $5,146 | $49.08 |
| Teamsters Joint Council No. 83 of Virginia Pension Fund | Teamsters Joint Council No. 83 of Virginia Pension Fund | VA | DB | 7,759 | $1.47B | $189,788 | $34,678 | $736 |
| Ruan Employees' 401(k) Savings Plan | Ruan Transport Corporation | IA | DC | 6,822 | $300M | $43,912 | $1,170 | $100 |
| Teamsters Negotiated Pension Plan | Teamsters Negotiated Pension Plan | MO | DB | 6,694 | $712M | $106,420 | $21,538 | $130 |
| Teamsters Union No. 142 Pension Fund | Trustees of Teamsters Union No. 142 Pension Fund | IN | DB | 6,610 | $637M | $96,396 | $12,002 | $336 |
| Annett Holdings, Inc. Employee Savings and Profit Sharing Plan | Annett Holdings Inc. | IA | DC | 6,529 | $118M | $18,074 | $1,018 | $49.04 |
| Dayton Freight Lines, Inc. Employee 401(k) Retirement Plan | Dayton Freight Lines, Inc. | OH | DC | 6,423 | $304M | $47,300 | $1,491 | $55.04 |
| Daseke, Inc. 401(k) Retirement Plan | Daseke Companies, Inc. | TX | DC | 5,555 | $115M | $20,734 | $981 | $51.90 |
| Teamsters Local 777 Severance and Retirement Plan | Trustees of Teamsters Local 777 Severance and Retirement Plan | IL | DC | 5,122 | $7.5M | $1,466 | $489 | $15.05 |
| Marten Transport Retirement Savings Plan | Marten Transport, Ltd. | WI | DC | 5,000 | $137M | $27,496 | $1,070 | $82.55 |
| Paladin Capital, Inc. ESOP | Paladin Capital Inc. | TN | DC | 4,894 | $9.0M | $1,829 | $519 | — |
By plan size
By state
Questions and answers
How many retirement plans are there in general freight trucking, long-distance?
404 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 533 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in general freight trucking, long-distance?
The median defined contribution plan reported $27,883 in net assets per participant (middle half of plans: $15,344 to $44,400); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in general freight trucking, long-distance?
The median defined contribution plan received $990 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in general freight trucking, long-distance?
Among defined contribution plans that report any Schedule C compensation, the median was $113 per participant and 0.42% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.