Profit Sharing · DOL Form 5500 · 2023
Board of Trustees Ufcw Local 342 Savings and 401(k) Profit Sharing Plan
Data updated 2026-08-11
- $111M
- Total assets
- 8,288
- Participants
- 92nd
- Percentile by assets
- $13,371
- 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
$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.
- 92nd percentile by assets (of 127,072 plans)
- #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.
- $111M
- total plan assets (2023 EOY)
- 8,288
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $13,371
- avg assets per participant
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.
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 8,288 participants - 10x that state average ($111M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $93M |
|---|---|
| Net Assets (End of Year) | $111M |
| Net Income | $18M |
| 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 $2.2B · 18,907
- Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
- Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
- The Research Foundation for Suny Retirement Plan $1.2B · 10,120
- Mason Tenders District Council Annuity Fund $913M · 11,237
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 (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.
- Healthalliance Partnership Retirement Savings Plan (MA) $111M · 1,438
- Brooks Rehabilitation 403(b) Retirement Plan (FL) $111M · 1,756
- Mbi, Inc. Profit Sharing Plan & Trust (CT) $111M · 333
- Duquesne Family Office LLC Profit Sharing Plan (PA) $110M · 45
Frequently Asked Questions
How did Ufcw Local 342 Savings and 401(k) Plan assets move in 2023? ▼
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