Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees - Legacy Plan of the Unite Here Retirement Fund Pension Plan
Data updated 2026-08-11
- $591M
- Total assets
- 19,570
- Participants
- 98th
- Percentile by assets
- $30,189
- Avg per participant
Official DOL plan name: The Legacy Plan of the Unite Here Retirement Fund · Sponsored by Board of Trustees - Legacy Plan of the Unite Here Retirement Fund · New York · Finance & Insurance
$591M in assets, 19,570 participants
Board of Trustees - Legacy Plan of the Unite Here Retirement Fund's The Legacy Plan of the Unite Here Retirement Fund reported $591M in total assets and 19,570 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #8,522 in Finance & Insurance (8,869 peers)
Coverage in New York
The Legacy Plan of the Unite Here Retirement Fund covers 19,570 participants in New York, 25x the typical New York plan (state average ~798 per filing). Assets: $591M.
- $591M
- total plan assets (2023 EOY)
- 19,570
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $30,189
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Legacy Plan of the Unite Here Retirement Fund reported net income rose from -$168M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
- The Legacy Plan of the Unite Here Retirement Fund reported participants rose from 18,942 in the plan year 2022 filing to 19,570 in the plan year 2023 filing.
- The Legacy Plan of the Unite Here Retirement Fund end-of-year assets fell from $610M in the plan year 2022 filing to $591M 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. The Legacy Plan of the Unite Here Retirement Fund reports 19,570 participants - 25x that state average ($591M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $610M |
|---|---|
| Net Assets (End of Year) | $585M |
| Net Income | -$5M |
| Employer EIN | 820994119 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Board of Trustees - Legacy Plan of the Unite Here Retirement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 58,625 | $872M |
| 2023 | 2 | 61,879 | $940M |
| 2024 | 2 | 59,771 | $1.1B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Legacy Plan of the Unite Here Retirement Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
Scale composition for The Legacy Plan of the Unite Here Retirement Fund
The Legacy Plan of the Unite Here Retirement Fund reports $591M in end-of-year assets across 19,570 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $30,189 per participant (22% of the national average assets-per-participant) . Net income for plan year 2023 was -$5M.
This plan identity (EIN 820994119, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $610M to $609M (-0.2%) while covered participants moved from 18,942 to 18,598 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 18,942 | $610M | Open filing |
| 2023 | 19,570 | $591M | This page |
| 2024 · index core | 18,598 | $609M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Legacy Plan of the Unite Here Retirement Fund (Defined Benefit (Pension), $609M, 18,598 participants)
- The Adjustable Plan of the Unite Here Retirement (Defined Benefit (Pension), $450M, 41,173 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Legacy Plan of the Unite Here Retirement Fund by total assets, not by location.
Frequently Asked Questions
How did The Legacy Plan of the Unite Here Retirement Fund assets move in 2023? ▼
How have Board of Trustees - Legacy Plan of the Unite Here Retirement Fund plan assets changed over time? ▼
Where does The Legacy Plan of the Unite Here Retirement Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Legacy Plan of the Unite Here Retirement Fund? ▼
Next read for The Legacy Plan of the Unite Here Retire…
Filing takeaways
Ways to act on The Legacy Plan of the Unite Here Retirement Fund's numbers.
- By total assets, The Legacy Plan of the Unite Here Retirement Fund ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- Board of Trustees - Legacy Plan of the Unite Here Retirement Fund's sponsor-wide assets have grown 21.4% since 2022 across 3 plan years on file. More Finance & Insurance plans