Defined Benefit (Pension) · DOL Form 5500 · 2023

Board of Trustee Unite Here! Workers Pension Plan

Data updated 2026-08-11

$137M
Total assets: 4,092
Participants: 93rd
Percentile by assets: $33,370
Avg per participant

Official DOL plan name: Unite Here! Workers and Hospitality Employers Vdb Pension Trust · Sponsored by Board of Trustee Unite Here! Workers · Massachusetts · Food Services & Accommodation

$137M in assets, 4,092 participants

Board of Trustee Unite Here! Workers's Unite Here! Workers and Hospitality Employers Vdb Pension Trust reported $137M in total assets and 4,092 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#3,759 in Food Services & Accommodation (3,828 peers)

Coverage in Massachusetts

Unite Here! Workers and Hospitality Employers Vdb Pension Trust covers 4,092 participants in Massachusetts, 6.2x the typical Massachusetts plan (state average ~659 per filing). Assets: $137M.

$137M
total plan assets (2023 EOY): 4,092
covered participants: 93rd
percentile by assets (of 127,072 plans): $33,370
avg assets per participant

Where Unite Here! Workers and Hospitality Employers Vdb Pension Trust sits by total assets

Unite Here! Workers and Hospitality Employers Vdb Pension Trust vs every filed plan by assets

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

$136,548,872 Top 7% higher than 93% 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

Unite Here! Workers and Hospitality Employers Vdb Pension Trust reported net income rose from $446K in the plan year 2022 filing to $27M in the plan year 2023 filing.
Unite Here! Workers and Hospitality Employers Vdb Pension Trust end-of-year assets rose from $110M in the plan year 2022 filing to $137M in the plan year 2023 filing.
Unite Here! Workers and Hospitality Employers Vdb Pension Trust reported participants rose from 3,641 in the plan year 2022 filing to 4,092 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Food Services & Accommodation

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Unite Here! Workers and Hospitality Employers Vdb Pension Trust reports 4,092 participants - 6.2x that state average ($137M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)	$110M
Net Assets (End of Year)	$136M
Net Income	$27M
Employer EIN	454227067
Plan Effective Date	2012-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustee Unite Here! Workers)

Total plan assets by year, all Board of Trustee Unite Here! Workers plans on file

Year	Plans	Participants	Total Assets
2022	1	3,641	$110M
2023	1	4,092	$137M
2024	1	4,762	$169M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Unite Here! Workers and Hospitality Employers Vdb Pension Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants

Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $10.3B · 58,745
New England Teamsters Pension Fund $9.1B · 21,786
Liberty Mutual Retirement Benefit Plan $6.9B · 37,145
Massachusetts Institute of Technology Basic Retirement Plan $5.4B · 11,888
N. Atlantic States Carp. Pension Fund $5.0B · 17,166

Compare Unite Here! Workers and Hospitality Empl… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Unite Here! Workers and Hospitality Employers Vdb Pension Trust by total assets, not by location.

Care New England Pension Plan (RI) $137M · 1,851
Watlow Group Pension Plan (MO) $137M · 465
University of Southern California Support Staff Retirement Plan (CA) $137M · 1,750
Bridgestone Americas, Inc. Retirement Plan (TN) $137M · 1,909

Frequently Asked Questions

How did Unite Here! Workers and Hospitality Employers Vdb Pension Trust assets move in 2023? ▼

Unite Here! Workers and Hospitality Employers Vdb Pension Trust grew sharply - up 24.7% during 2023, from $110M to $137M. Reported net income was $27M.

How have Board of Trustee Unite Here! Workers plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustee Unite Here! Workers's sponsor-wide assets grew 54.4%, from $110M to $169M.

Where does Unite Here! Workers and Hospitality Employers Vdb Pension Trust rank by assets among Form 5500 filers? ▼

Unite Here! Workers and Hospitality Employers Vdb Pension Trust ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Unite Here! Workers and Hospitality Employers Vdb Pension Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Care New England Pension Plan in RI ($137M, 1,851 participants).

Next read for Unite Here! Workers and Hospitality Empl…

Filing takeaways

Ways to act on Unite Here! Workers and Hospitality Employers Vdb Pension Trust's numbers.

By total assets, Unite Here! Workers and Hospitality Employers Vdb Pension Trust ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
Board of Trustee Unite Here! Workers's sponsor-wide assets have grown 54.4% since 2022 across 3 plan years on file. More Food Services & Accommodation 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 454227067.