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Industry · Form 5500 business code 484200
Specialized Freight Trucking: 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.
158 retirement plans in specialized freight trucking with 100 or more participants filed Form 5500 for plan year 2024 (149 defined contribution, 9 defined benefit). All Form 5500 pension filers in the group reported 857,962 participant records and $55.4B in net assets.
The median defined contribution plan held $32,124 per participant, well below the national median of $53,031, and its employer put in $1,332 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $123 per participant against $123 nationally.
Employers contributed $1.68B and participants $1.81B during the year, and the plans paid out $4.15B in benefits.
In 2009 the same group numbered 218 plans with $28.9B; by 2024 it was 158 plans (down 28%) and $55.4B (up 91%). 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 | $32,124 | $53,031 | $119,410 | $86,234 |
| Employer contributions per active participant | $1,332 | $2,174 | $23,518 | $10,244 |
| Schedule C compensation per participant | $123 | $123 | $422 | $344 |
| Schedule C compensation, share of net assets | 0.42% | 0.26% | 0.26% | 0.42% |
| Administrative expenses per participant | $116 | $116 | $490 | $527 |
Medians across plans with 100 or more participants (139 DC and 9 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 | $17,032 | $32,124 | $51,117 | 139 |
| Employer contributions per active participant | $569 | $1,332 | $2,230 | 135 |
| Schedule C compensation per participant | $72.87 | $123 | $197 | 129 |
| Administrative expenses per participant | $67.75 | $116 | $193 | 134 |
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 | 24 | 9,691 | $314M | $8.0M | $23.2M | $36,716 | $195 |
| 2024 | 158 | 857,962 | $55.4B | $1.68B | $1.81B | $32,124 | $123 |
| 2023 | 169 | 877,218 | $51.6B | $1.28B | $1.72B | $28,994 | $113 |
| 2022 | 219 | 961,059 | $45.9B | $1.35B | $1.66B | $20,108 | $102 |
| 2021 | 219 | 880,524 | $43.0B | $1.47B | $1.12B | $24,554 | $116 |
| 2020 | 221 | 921,098 | $38.0B | $1.07B | $1.03B | $23,486 | $98.44 |
| 2019 | 223 | 1,347,900 | $79.9B | $1.96B | $1.34B | $19,261 | $91.41 |
| 2018 | 209 | 1,089,337 | $58.3B | $2.50B | $834M | $17,279 | $91.42 |
| 2017 | 211 | 1,090,502 | $60.7B | $7.25B | $762M | $19,397 | $74.44 |
| 2016 | 220 | 1,181,701 | $56.1B | $2.63B | $1.01B | $16,340 | $63.41 |
| 2015 | 221 | 1,152,083 | $51.9B | $2.65B | $968M | $14,965 | $51.27 |
| 2014 | 218 | 1,131,562 | $50.9B | $1.46B | $905M | $16,228 | $56.38 |
| 2013 | 209 | 698,672 | $24.4B | $388M | $815M | $16,648 | $45.34 |
| 2012 | 204 | 1,022,579 | $42.1B | $1.13B | $775M | $14,125 | $44.15 |
| 2011 | 202 | 818,541 | $37.7B | $1.01B | $738M | $13,968 | $44.39 |
| 2010 | 200 | 1,015,406 | $34.9B | $3.20B | $664M | $14,761 | $47.84 |
| 2009 | 218 | 1,022,666 | $28.9B | $1.33B | $717M | $12,271 | $43.43 |
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 156 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 156 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The Teamster - UPS National 401(k) Tax Deferred Savings Plan | Board of Trustees of the Teamsters - UPS 401(k) National Savings Plan | GA | DC | 478,185 | $19.3B | $40,377 | — | $13.33 |
| UPS 401(k) Savings Plan | United Parcel Service of America, Inc. | GA | DC | 134,811 | $14.2B | $105,245 | $7,375 | $107 |
| Ups/ibt Full-Time Employee Pension Plan | Board of Trustees of the Ups/ibt Full-Time Pension Plan | GA | DB | 102,332 | $12.2B | $119,410 | $9,225 | $26.36 |
| Ceva 401(k) Plan | Ceva Logistics U.S. Holdings, Inc. | TX | DC | 12,803 | $585M | $45,675 | $2,080 | $94.69 |
| Local 804 I.B.T. and Local 447 I.A.M. - UPS Multi-Employer Retirement Plan | BD of Trustees Loc. 804 & Loc. 447 Multi-Employer Ret. Plan | GA | DB | 12,427 | $2.34B | $188,179 | $24,410 | $345 |
| United Parcel Service, Inc. Local 177, I.b.t Multi-Employer Retirement Plan | BD of Trustees, UPS Local 177, Ibt Multi Employer Retirement Plan | GA | DB | 9,288 | $2.00B | $215,116 | $23,518 | $422 |
| Machinists' Money Purchase Pension Fund | Machinists' Money Purchase Pension Fund | NJ | DC | 8,246 | $68.3M | $8,277 | $2,565 | $50.51 |
| Univar Solutions 401(k) Plan | Univar Solutions USA LLC | IL | DC | 7,350 | $1.08B | $146,492 | $6,836 | $165 |
| Ibt Consolidated Pension Plan | BD of Trustees of Ibt Consolidated Pension Fund | WA | DB | 4,798 | $180M | $37,569 | $0 | $423 |
| Teamster Affiliates Pension Plan | Board of Trustees Teamster Affiliates Pension Plan | DC | DB | 4,170 | $267M | $63,949 | $41,322 | $164 |
| Quality Carriers, Inc. 401(k) Plan | Quality Carriers, Inc. | FL | DC | 3,946 | $52.2M | $13,229 | $680 | $83.91 |
| Quantix SCS 401(k) Plan | Quantix SCS, LLC | IL | DC | 3,374 | $85.2M | $25,248 | $2,039 | $34.65 |
| Teamsters Local 929 Retirement Plan | Trustees of Teamsters Local 929 Retirement Plan | NJ | DC | 3,135 | $32.9M | $10,482 | $868 | $108 |
| Coleman World Group, LLC Savings & Protection Plan | Coleman American Companies, Inc. | AL | DC | 2,983 | $36.4M | $12,214 | $101 | $67.07 |
| Alta Equipment Company 401(k) Plan & Trust | Alta Enterprises, LLC | MI | DC | 2,983 | $172M | $57,694 | $2,315 | $114 |
| Jack Cooper 401(k) Plan | Jack Cooper Investments, Inc. | NJ | DC | 2,509 | $88.1M | $35,108 | $327 | $128 |
| Martin 401(k) Plan | Martin Resource Management Corporation | TX | DC | 2,276 | $133M | $58,248 | $2,218 | $68.95 |
| Heniff Companies 401(k) Retirement Savings Plan | Long Iron Services, LLC | IL | DC | 2,031 | $102M | $50,296 | $1,288 | $107 |
| Mo-Kan Teamsters Pension Fund | Mo-Kan Teamsters Pension Fund | MO | DB | 1,832 | $232M | $126,536 | $10,048 | $598 |
| Acme Truck Line 401(k) Plan | Acme Truck Line, Inc. | LA | DC | 1,804 | $26.2M | $14,510 | $258 | $102 |
| Acme Truck Employee Stock Ownership Plan | Acme Truck Line, Inc. | LA | DC | 1,571 | $10.1M | $6,409 | — | — |
| Landstar System, Inc. 401(k) Savings Plan | Landstar System Holdings, Inc. | FL | DC | 1,566 | $169M | $107,911 | $2,126 | $183 |
| Omni Environmental Solutions, Inc. 401(k) Plan | Omni Environmental Solutions, Inc. | LA | DC | 1,463 | $27.6M | $18,871 | $880 | $8.64 |
| United Road Services, Inc. Employee's 401(k) Plan | United Road Service, Inc. | MI | DC | 1,338 | $51.3M | $38,378 | $851 | $142 |
| M. H. Logistics Corporation 401(k) Retirement & Savings Plan | M. H. Logistics Corporation | IL | DC | 1,191 | $115M | $96,460 | $3,650 | $170 |
| Maxum Petroleum 401(k) Plan | Maxum Petroleum Operating Company | TX | DC | 1,175 | $65.7M | $55,908 | $3,196 | $232 |
| Hansen & Adkins Auto Transport, Inc. 401(k) Profit Sharing Plan & Trust | Hansen & Adkins Auto Transport, Inc. | CA | DC | 915 | $31.5M | $34,418 | $1,231 | $69.29 |
| Wayne Transports, Inc. 401(k) Retirement Plan | Wayne Transports, Inc. | MN | DC | 877 | $45.2M | $51,595 | $2,427 | $115 |
| Western Carriers, Inc. Profit Sharing Plan | Western Carriers, Inc. | NJ | DC | 858 | $41.7M | $48,567 | $1,206 | $197 |
| Oakley Transportation Group 401(k) Plan | Oakley Transportation Group, Inc. | FL | DC | 833 | $14.2M | $17,072 | $154 | $146 |
| Southern Mail Service, Inc. Retirement Plan | Southern Mail Service, Inc. | TX | DC | 821 | $10.9M | $13,320 | $2,251 | $233 |
| W&B Service Co., LLC 401(k) Retirement Plan | W&B Service Co., LLC | TX | DC | 800 | $22.8M | $28,448 | $727 | $125 |
| Harvey Companies Profit Sharing Plan | Tidewater Transit Company, Inc. | NC | DC | 784 | $24.5M | $31,251 | $1,152 | $245 |
| The Daylight Transport 401(k) Savings Plan | Daylight Transport | CA | DC | 781 | $39.5M | $50,638 | $1,591 | $13.46 |
| Patriot Transportation Holding, Inc. 401(k) | Patriot Transportation Holding, Inc. | FL | DC | 755 | $24.8M | $32,883 | $1,213 | $52.73 |
| Atlas World Group, Inc. Retirement Plan | Atlas World Group, Inc. | IN | DC | 735 | $72.3M | $98,299 | $3,923 | $162 |
| KC Group 401(k) Plan | KC Transportation, Inc. | MI | DC | 710 | $12.4M | $17,467 | $480 | $78.54 |
| Savino del Bene USA, Inc. 401(k) Profit Sharing Plan | Savino del Bene USA, Inc. | NJ | DC | 706 | $26.7M | $37,801 | $1,374 | $158 |
| G&D Operating Holdings, LLC Retirement Savings Plan | G&D Operating Holdings, LLC | IL | DC | 697 | $25.2M | $36,096 | $893 | $195 |
| Plastic Express 401(k) Plan | Plastic Express | CA | DC | 652 | $13.6M | $20,828 | $1,241 | $60.85 |
By plan size
By state
Questions and answers
How many retirement plans are there in specialized freight trucking?
158 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 254 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 specialized freight trucking?
The median defined contribution plan reported $32,124 in net assets per participant (middle half of plans: $17,032 to $51,117); 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 specialized freight trucking?
The median defined contribution plan received $1,332 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 specialized freight trucking?
Among defined contribution plans that report any Schedule C compensation, the median was $123 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.