Profit Sharing · DOL Form 5500 · 2022
Board of Trustees Ufcw Local 342 Savings and 401(k) Profit Sharing Plan
Data updated 2026-08-11
- $93M
- Total assets
- 8,267
- Participants
- 92nd
- Percentile by assets
- $11,269
- Avg per participant
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.
- 92nd percentile by assets (of 139,126 plans)
- #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.
- $93M
- total plan assets (2022 EOY)
- 8,267
- covered participants
- 92nd
- percentile by assets (of 139,126 plans)
- $11,269
- avg assets per participant
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.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Ufcw Local 342 Savings and 401(k) Plan reports 8,267 participants - 10x that state average ($93M EOY assets).
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))
| 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.
Ufcw Local 342 Savings and 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
- 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)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Ufcw Local 342 Savings and 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Ufcw Local 342 Savings and 401(k) Plan assets move in 2022? ▼
How have Board of Trustees Ufcw Local 342 Savings and 401(k) plan assets changed over time? ▼
Where does Ufcw Local 342 Savings and 401(k) Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Ufcw Local 342 Savings and 401(k) Plan? ▼
Next read for Ufcw Local 342 Savings and 401(k) Plan
Filing takeaways
Ways to act on Ufcw Local 342 Savings and 401(k) Plan's numbers.
- By total assets, Ufcw Local 342 Savings and 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
- Board of Trustees Ufcw Local 342 Savings and 401(k)'s sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Retail Trade plans