Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees United Optical Pension Plan

Data updated 2026-08-25

$119K
Total assets Small plan by assets
N/A
Participants Small participant base
7th
Percentile by assets National rank
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Official DOL plan name: United Optical Workers Local 408 Pension Fund · Sponsored by Board of Trustees United Optical · New York · Finance & Insurance

$119K in assets, N/A participants

Board of Trustees United Optical's United Optical Workers Local 408 Pension Fund reported $119K in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 7th 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.

  • #379 in Finance & Insurance (8,869 peers)

2023 asset change

United Optical Workers Local 408 Pension Fund pulled back noticeably 14.6% in 2023 ($139K → $119K) for N/A participants.

#379
in Finance & Insurance (8,869 peers)
-14.6%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Optical Workers Local 408 Pension Fund among the smaller filed plans by assets

United Optical Workers Local 408 Pension Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$119,042 7th percentile higher than 7% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • United Optical Workers Local 408 Pension Fund reported net income fell from $35K in the plan year 2022 filing to -$20K in the plan year 2023 filing.
  • United Optical Workers Local 408 Pension Fund end-of-year assets fell from $139K in the plan year 2022 filing to $119K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 131913618 · Board of Trustees United Optical PY 2023 · Defined Benefit (Pension)

United Optical Workers Local 408 Pension Fund · $119K · N/A · 7th

  • PART $119K
  • PART N/A
  • PART 7th
  • PART Defined Benefit (Pension)
  • PART near Chattem, Inc. Pension Plan
  • PART ind #379

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 Finance & Insurance retirement plans → · Plans in New York →

United Optical Workers Local 408 Pension Fund in the asset neighbourhood

United Optical Workers Local 408 Pension FundUnited Optical Workers Local…$119KChattem, Inc. Pension Plan$117KTuthill Corporation Hourly Employees Pension PlanTuthill Corporation Hourly E…$121KPrinting Industry and Union Consolidated Pens PlanPrinting Industry and Union …$124KDavid & Associates Defined Benefit Pension PlanDavid & Associates Defined B…$114K
End-of-year total assets ($M) among United Optical Workers Local 408 Pension Fund and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Board of Trustees United Optical years around the 2023 move

Sponsor-wide plan assets over time

All Board of Trustees United Optical plans reported in each filing year

Latest sponsor-wide plan assets
$127K 8.834794084317128% vs 2022
2024 filing year
$0.11M$0.12M$0.13M$0.14M$0.15M 202220232024 $0.14M $0.13M ▼ -7.1%
Year Plans Participants Total Assets
2022 1 N/A $139K
2023 1 N/A $119K
2024 1 N/A $127K

2023 asset-move particulars

Total Assets (Beginning of Year)$139K
Net Assets (End of Year)$111K
Net Income-$20K
Employer EIN131913618
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

United Optical Workers Local 408 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants United Optical Workers Local 408 Pension Fund, Total assets ($B): 0.000119042 · Participants: 0United Optical Workers Local 408 Pension FundIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
United Optical Workers Local 408 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare United Optical Workers Local 408 Pension Fund side-by-side with 3 peers →

United Optical Workers Local 408 Pension Fund's closest out-of-state Defined Benefit (Pension) peers by assets

Outside New York, the nearest Defined Benefit (Pension) by end-of-year assets is Chattem, Inc. Pension Plan in TN at $117K (this filing: $119K).

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Optical Workers Local 408 Pension Fund assets move in 2023? ▼
United Optical Workers Local 408 Pension Fund pulled back noticeably - down 14.6% during 2023, from $139K to $119K. Reported net income was -$20K.
How have Board of Trustees United Optical plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees United Optical's sponsor-wide assets declined 8.8%, from $139K to $127K.
Where does United Optical Workers Local 408 Pension Fund rank by assets among Form 5500 filers? ▼
United Optical Workers Local 408 Pension Fund ranks in the 7th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to United Optical Workers Local 408 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Chattem, Inc. Pension Plan in TN ($117K, 64 participants).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 131913618.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.