Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustees Ufcw-Giant Variable Annuity Fund Pension Plan

Data updated 2026-08-11

$40M
Total assets: 9,179
Participants: 83rd
Percentile by assets: $4,373
Avg per participant

Official DOL plan name: Ufcw-Giant Variable Annuity Fund · Sponsored by Board of Trustees Ufcw-Giant Variable Annuity Fund · Maryland · Finance & Insurance

$40M in assets, 9,179 participants

Board of Trustees Ufcw-Giant Variable Annuity Fund's Ufcw-Giant Variable Annuity Fund reported $40M in total assets and 9,179 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

83rd percentile by assets (of 127,072 plans)
#6,566 in Finance & Insurance (8,869 peers)

Coverage in Maryland

Ufcw-Giant Variable Annuity Fund covers 9,179 participants in Maryland, 9.9x the typical Maryland plan (state average ~929 per filing). Assets: $40M.

$40M
total plan assets (2023 EOY): 9,179
covered participants: 83rd
percentile by assets (of 127,072 plans): $4,373
avg assets per participant

Where Ufcw-Giant Variable Annuity Fund sits by total assets

Ufcw-Giant Variable Annuity Fund vs every filed plan by assets

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

$40,141,231 Top 17% higher than 83% of 127,068 filed plans

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

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

Ufcw-Giant Variable Annuity Fund end-of-year assets rose from $29M in the plan year 2022 filing to $40M in the plan year 2023 filing.
Ufcw-Giant Variable Annuity Fund reported net income fell from $17M in the plan year 2022 filing to $11M in the plan year 2023 filing.
Ufcw-Giant Variable Annuity Fund reported participants fell from 9,713 in the plan year 2022 filing to 9,179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Maryland

Industry

Finance & Insurance

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Ufcw-Giant Variable Annuity Fund reports 9,179 participants - 9.9x that state average ($40M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)	$29M
Net Assets (End of Year)	$40M
Net Income	$11M
Employer EIN	862048100
Plan Effective Date	2021-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees Ufcw-Giant Variable Annuity Fund)

Total plan assets by year, all Board of Trustees Ufcw-Giant Variable Annuity Fund plans on file

Year	Plans	Participants	Total Assets
2022	1	9,713	$29M
2023	1	9,179	$40M
2024	1	9,542	$53M

Nearby Defined Benefit (Pension) Plans in Maryland

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

Ufcw-Giant Variable Annuity Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

National Electrical Benefit Fund $18.9B · 323,315
Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
Major League Baseball Players Pension Plan $4.6B · 1,087
National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973

Compare Ufcw-Giant Variable Annuity Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ufcw-Giant Variable Annuity Fund by total assets, not by location.

Farmers Union Industries, LLC Retirement Plan (MN) $40M · 58
Retirement Plan for Employees of Augusta National, Inc. (GA) $40M · 360
Hourly Employees Pension Plan (Multiplant) (OH) $40M · 20
Jamaica Bearings Co., Inc. Pension Trust (NY) $40M · 123

Frequently Asked Questions

How did Ufcw-Giant Variable Annuity Fund assets move in 2023? ▼

Ufcw-Giant Variable Annuity Fund surged - up 37.1% during 2023, from $29M to $40M. Reported net income was $11M.

How have Board of Trustees Ufcw-Giant Variable Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees Ufcw-Giant Variable Annuity Fund's sponsor-wide assets grew 79.7%, from $29M to $53M.

Where does Ufcw-Giant Variable Annuity Fund rank by assets among Form 5500 filers? ▼

Ufcw-Giant Variable Annuity Fund ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Ufcw-Giant Variable Annuity Fund? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Farmers Union Industries, LLC Retirement Plan in MN ($40M, 58 participants).

Next read for Ufcw-Giant Variable Annuity Fund

Filing takeaways

Ways to act on Ufcw-Giant Variable Annuity Fund's numbers.

By total assets, Ufcw-Giant Variable Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
Board of Trustees Ufcw-Giant Variable Annuity Fund's sponsor-wide assets have grown 79.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 862048100.