Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Ufcw Local 342 Savings and 401(k) Profit Sharing Plan
Data updated 2026-08-25
- $93M
- Total assets Below avg plan size
- 8,267
- Participants Very large workforce
- 92nd
- Percentile by assets National rank
- $11,269
- Avg per participant Low balance/head
Official DOL plan name: Ufcw Local 342 Savings and 401(k) Plan · Sponsored by Board of Trustees Ufcw Local 342 Savings and 401(k) · New York · Retail Trade
$93M in assets, 8,267 participants
Board of Trustees Ufcw Local 342 Savings and 401(k)'s Ufcw Local 342 Savings and 401(k) Plan reported $93M in total assets and 8,267 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.
- #9,129 in Retail Trade (9,519 peers)
Coverage in New York
Ufcw Local 342 Savings and 401(k) Plan covers 8,267 participants in New York, 10x the typical New York plan (state average ~798 per filing). Assets: $93M.
- #9,129
- in Retail Trade (9,519 peers)
- -15.0%
- assets change YoY
- 0.9×
- vs typical plan assets (national mean)
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Ufcw Local 342 Savings and 401(k) Plan's outsized position by total assets
Ufcw Local 342 Savings and 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$93,164,805 Top 8% higher than 92% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Ufcw Local 342 Savings and 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ufcw Local 342 Savings and 401(k) Plan lands in the large band (8,267 participants).
Plan-year Form 5500 strip
Filing strip 562364474 · Board of Trustees Ufcw Local 342 Savings and 401(k) PY 2022 · Profit Sharing
Ufcw Local 342 Savings and 401(k) Plan · $93M · 8,267 · 92nd
- EBSA $93M
- EBSA 8,267
- EBSA 92nd
- EBSA Profit Sharing
- EBSA near Int Brotherhood of Electrical Workers Local 141 Profit Sharing Plan
- EBSA ind #9129
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 Retail Trade retirement plans → · Plans in New York →
Ufcw Local 342 Savings and 401(k) Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $110M |
|---|---|
| Net Assets (End of Year) | $93M |
| Net Income | -$16M |
| Employer EIN | 562364474 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Ufcw Local 342 Savings and 401(k))
Sponsor-wide plan assets over time
All Board of Trustees Ufcw Local 342 Savings and 401(k) plans reported in each filing year
- Latest sponsor-wide plan assets
- $125M 34.22371033782554% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,267 | $93M |
| 2023 | 1 | 8,288 | $111M |
| 2024 | 1 | 8,553 | $125M |
Nearby Profit Sharing Plans in New York
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Annuity Plan of the Electrical Industry $2.0B · 19,997
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.6B · 3,494
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.5B · 5,696
- The Research Foundation for Suny Retirement Plan $1.1B · 11,139
- Mason Tenders District Council Annuity Fund $837M · 11,072
Scale composition for Ufcw Local 342 Savings and 401(k) Plan
Ufcw Local 342 Savings and 401(k) Plan reports $93M in end-of-year assets across 8,267 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $11,269 per participant (8% of the national average assets-per-participant) . Net income for plan year 2022 was -$16M.
This plan identity (EIN 562364474, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $93M to $125M (+34.2%) while covered participants moved from 8,267 to 8,553 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,267 | $93M | This page |
| 2023 | 8,288 | $111M | Open filing |
| 2024 · index core | 8,553 | $125M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Ufcw Local 342 Savings and 401(k) Plan (Profit Sharing, $125M, 8,553 participants)
Ufcw Local 342 Savings and 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount
Outside New York, the nearest Profit Sharing by assets is Int Brotherhood of Electrical Workers Local 141 Profit Sharing Plan in WV ($93M); by covered participants it is Operating Engineers Local #49 Defined Contribution Plan in MN (8,293 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($93M here).
Similar participant headcount
Nearest other-state filings by covered participants (8,267 participants); asset peers above are excluded.
- Operating Engineers Local #49 Defined Contribution Plan (MN) 8,293 · 26 off
- Ohio Carpenters' Annuity Plan (MI) 8,330 · 63 off
- Princeton University Retirement Plan (NJ) 8,141 · 126 off
- I.U.O.E. Local #132 Annuity & Savings Fund (WV) 8,453 · 186 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.