Defined Benefit (Pension) · DOL Form 5500 · 2023
Board of Trustees - Legacy Plan of the Unite Here Retirement Fund Pension Plan
Data updated 2026-08-25
- $591M
- Total assets Above avg plan size
- 19,570
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $30,189
- Avg per participant Low balance/head
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.
- #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.
- #8,522
- in Finance & Insurance (8,869 peers)
- -3.1%
- assets change YoY
- 5.9×
- vs typical plan assets (national mean)
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.
The Legacy Plan of the Unite Here Retirement Fund's outsized position by total assets
The Legacy Plan of the Unite Here Retirement Fund vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$590,805,845 Top 2% higher than 98% 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
The Legacy Plan of the Unite Here Retirement Fund's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Legacy Plan of the Unite Here Retirement Fund is a mega filing (19,570 participants), the rightmost band on the breakdown.
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.
Plan-year Form 5500 strip
Filing strip 820994119 · Board of Trustees - Legacy Plan of the Unite Here Retirement Fund PY 2023 · Defined Benefit (Pension)
The Legacy Plan of the Unite Here Retirement Fund · $591M · 19,570 · 98th
- RANK $591M
- PHOTO 19,570
- IND 98th
- EOY Defined Benefit (Pension)
- 5500 near Employees' Retirement Plan of Indianapolis Power & Light Company
- ASSETS ind #8522
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 Finance & Insurance retirement plans → · Plans in New York →
The Legacy Plan of the Unite Here Retirement Fund in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Board of Trustees - Legacy Plan of the Unite Here Retirement Fund plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 21.4094054107079% vs 2022
- 2024 filing year
| 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.
- 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)
The Legacy Plan of the Unite Here Retirement Fund's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of Indianapolis Power & Light Company in IN ($589M); by covered participants it is Bjc Pension Plan in MO (19,553 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($591M here).
Similar participant headcount
Nearest other-state filings by covered participants (19,570 participants); asset peers above are excluded.
- Bjc Pension Plan (MO) 19,553 · 17 off
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. (CA) 19,545 · 25 off
- Lockheed Martin Corporation Salaried Employee Retirement Program (MD) 19,673 · 103 off
- Northside Hospital, Inc. Pension Plan (GA) 19,246 · 324 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.