Money Purchase · DOL Form 5500 · 2023
Board of Trustees Local 338 Annuity Fund Money Purchase Plan
Data updated 2026-08-11
- $49M
- Total assets
- 6,065
- Participants
- 85th
- Percentile by assets
- $8,116
- Avg per participant
Official DOL plan name: Local 338 Annuity Fund · Sponsored by Board of Trustees Local 338 Annuity Fund · New York · Retail Trade
$49M in assets, 6,065 participants
Board of Trustees Local 338 Annuity Fund's Local 338 Annuity Fund reported $49M in total assets and 6,065 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 127,072 plans)
- #7,726 in Retail Trade (8,414 peers)
Coverage in New York
Local 338 Annuity Fund covers 6,065 participants in New York, 7.6x the typical New York plan (state average ~798 per filing). Assets: $49M.
- $49M
- total plan assets (2023 EOY)
- 6,065
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $8,116
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Local 338 Annuity Fund reported net income rose from -$420K in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Local 338 Annuity Fund end-of-year assets rose from $38M in the plan year 2022 filing to $49M in the plan year 2023 filing.
- Local 338 Annuity Fund reported participants rose from 5,950 in the plan year 2022 filing to 6,065 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. Local 338 Annuity Fund reports 6,065 participants - 7.6x that state average ($49M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $49M |
| Net Income | $12M |
| Employer EIN | 271596066 |
| Plan Effective Date | 2009-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees Local 338 Annuity Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,950 | $38M |
| 2023 | 1 | 6,065 | $49M |
| 2024 | 1 | 6,724 | $61M |
Nearby Money Purchase Plans in New York
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Local 338 Annuity Fund vs. nearby Money Purchase plans in New York, assets vs. participants
- Tiaa Retirement Plan $5.3B · 12,501
- Young Men's Christian Association Retirement Fund Retirement Plan $3.7B · 43,490
- McKinsey & Company, Inc. (Mppp) Money Purchase Pension Plan $2.0B · 15,163
- Brookhaven Science Associates, LLC Retirement Plan $1.4B · 2,473
- Iron Workers Locals 40, 361 & 417 Annuity Fund $1.2B · 4,998
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Local 338 Annuity Fund by total assets, not by location.
Frequently Asked Questions
How did Local 338 Annuity Fund assets move in 2023? ▼
How have Board of Trustees Local 338 Annuity Fund plan assets changed over time? ▼
Where does Local 338 Annuity Fund rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Local 338 Annuity Fund? ▼
Next read for Local 338 Annuity Fund
Filing takeaways
Ways to act on Local 338 Annuity Fund's numbers.
- By total assets, Local 338 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 Money Purchase plans in New York. Compare plans
- Board of Trustees Local 338 Annuity Fund's sponsor-wide assets have grown 60.2% since 2022 across 3 plan years on file. More Retail Trade plans