Profit Sharing · DOL Form 5500 · 2023

Board of Trustees Ufcw Local 342 Savings and 401(k) Profit Sharing Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
8,288
Participants Very large workforce
92nd
Percentile by assets National rank
$13,371
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$111M in assets, 8,288 participants

Board of Trustees Ufcw Local 342 Savings and 401(k)'s Ufcw Local 342 Savings and 401(k) Plan reported $111M in total assets and 8,288 participants in its 2023 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.

  • #8,032 in Retail Trade (8,414 peers)

Coverage in New York

Ufcw Local 342 Savings and 401(k) Plan covers 8,288 participants in New York, 10x the typical New York plan (state average ~798 per filing). Assets: $111M.

#8,032
in Retail Trade (8,414 peers)
+18.9%
assets growth YoY
1.1×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$110,816,356 Top 8% higher than 92% 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

Ufcw Local 342 Savings and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 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 (8,288 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ufcw Local 342 Savings and 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Ufcw Local 342 Savings and 401(k) Plan end-of-year assets rose from $93M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Ufcw Local 342 Savings and 401(k) Plan reported participants rose from 8,267 in the plan year 2022 filing to 8,288 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 562364474 · Board of Trustees Ufcw Local 342 Savings and 401(k) PY 2023 · Profit Sharing

Ufcw Local 342 Savings and 401(k) Plan · $111M · 8,288 · 92nd

  • BOOK $111M
  • VS-ST 8,288
  • BOY 92nd
  • SCH Profit Sharing
  • EBSA near Healthalliance Partnership Retirement Savings Plan
  • PART ind #8032

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

Mbi, Inc. Profit Sharing Plan & TrustMbi, Inc. Profit Sharing Pla…$111MBrooks Rehabilitation 403(b) Retirement PlanBrooks Rehabilitation 403(b)…$111MHealthalliance Partnership Retirement Savings PlanHealthalliance Partnership R…$111MUfcw Local 342 Savings and 401(k) PlanUfcw Local 342 Savings and 4…$111MDuquesne Family Office LLC Profit Sharing PlanDuquesne Family Office LLC P…$110M
End-of-year total assets ($M) among Ufcw Local 342 Savings and 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$111M
Net Income$18M
Employer EIN562364474
Plan Effective Date2003-01-01
Filing StatusFILING 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
$80M$90M$100M$110M$120M$130M 202220232024 $93.2M $125M ▲ +34.2%
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 Scatter plot of 6 data points. 05000100001500020000 00.511.522.5 Total assets ($B) Participants Ufcw Local 342 Savings and 401(k) Plan, Total assets ($B): 0.110816356 · Participants: 8288Ufcw Local 342 Savings and 401(k) PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Ufcw Local 342 Savings and 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Ufcw Local 342 Savings and 401(k) Plan side-by-side with 3 peers →

Scale composition for Ufcw Local 342 Savings and 401(k) Plan

Ufcw Local 342 Savings and 401(k) Plan reports $111M in end-of-year assets across 8,288 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 $13,371 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.

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 Open filing
2023 8,288 $111M This page
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's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Healthalliance Partnership Retirement Savings Plan in MA ($111M); by covered participants it is Popular, Inc. Pr Savings and Investment Plan in PR (8,134 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,288 participants); asset peers above are excluded.

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 Ufcw Local 342 Savings and 401(k) Plan assets move in 2023? ▼
Ufcw Local 342 Savings and 401(k) Plan grew sharply - up 18.9% during 2023, from $93M to $111M. Reported net income was $18M.
How have Board of Trustees Ufcw Local 342 Savings and 401(k) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Ufcw Local 342 Savings and 401(k)'s sponsor-wide assets grew 34.2%, from $93M to $125M.
Where does Ufcw Local 342 Savings and 401(k) Plan rank by assets among Form 5500 filers? ▼
Ufcw Local 342 Savings and 401(k) Plan ranks in the 92nd 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 Profit Sharing plans are similar in size to Ufcw Local 342 Savings and 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Healthalliance Partnership Retirement Savings Plan in MA ($111M, 1,438 participants).
Which Profit Sharing plans cover a similar participant headcount to Ufcw Local 342 Savings and 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Popular, Inc. Pr Savings and Investment Plan in PR (8,134 participants, $701M in assets).

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 562364474.

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.