Profit Sharing · DOL Form 5500 · 2022

Social Service Employees Union Profit Sharing Plan

Data updated 2026-08-11

$7M
Total assets
84
Participants
58th
Percentile by assets
$86,382
Avg per participant
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Official DOL plan name: Social Service Employees Union Local 371 Funds Staff Pension Plan · Sponsored by Social Service Employees Union · New York · Healthcare & Social Assistance

$7M in assets, 84 participants

Social Service Employees Union's Social Service Employees Union Local 371 Funds Staff Pension Plan reported $7M in total assets and 84 participants in its 2022 DOL Form 5500 filing, ranking in the 58th 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.

  • 58th percentile by assets (of 139,126 plans)
  • #12,856 in Healthcare & Social Assistance (20,060 peers)

Social Service Employees Union multi-year trail

Social Service Employees Union's plans moved +31.6% in assets from 2022 to 2024; this filing shows Social Service Employees Union Local 371 Funds Staff Pension Plan at $7M / 84 participants.

$7M
total plan assets (2022 EOY)
84
covered participants
58th
percentile by assets (of 139,126 plans)
$86,382
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Social Service Employees Union across 3 plan years on file

Across the 3 plan years Social Service Employees Union has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $10M, a gain of 31.6%, while reported participants moved from 84 to 82 (-2.4%). Peak year by sponsor assets: 2024 ($10M); trough: 2022 ($7M).

Social Service Employees Union multi-year asset trail

$7M$8M$9M$10M 202220232024 $7.26M $9.55M ▲ +31.5%
Total plan assets by year, all Social Service Employees Union plans on file
Year Plans Participants Total Assets
2022 1 84 $7M
2023 1 87 $8M
2024 1 82 $10M

Social Service Employees Union filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN132858100
Plan Effective Date1994-01-04
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Social Service Employees Union Local 371 Funds Staff Pension Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Social Service Employees Union Local 371 Funds Staff Pension Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Social Service Emplo…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
Social Service Employees Union Local 371 Funds Staff Pension Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Social Service Employees Union Local 371 Funds Staff Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Social Service Employees Union Local 371 Funds Staff Pension Plan assets move in 2022?
Social Service Employees Union Local 371 Funds Staff Pension Plan pulled back noticeably - down 14.5% during 2022, from $8M to $7M. Reported net income was -$1M.
How have Social Service Employees Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Social Service Employees Union's sponsor-wide assets grew 31.6%, from $7M to $10M.
Which Profit Sharing plans are similar in size to Social Service Employees Union Local 371 Funds Staff Pension Plan?
Among Profit Sharing plans in other states, the closest by assets is Environmental Mechanical Equipment Co., Inc. Profit Sharing Plan in AZ ($7M, 3 participants).

Next read for Social Service Employees Union Local 371…

Multi-year trail

Ways to act on Social Service Employees Union Local 371 Funds Staff Pension Plan's numbers.