Defined Benefit (Pension) · DOL Form 5500 · 2023
Trustees Local 338 Retirement Fund Pension Plan
Data updated 2026-08-11
- $588M
- Total assets
- 2,454
- Participants
- 98th
- Percentile by assets
- $239,710
- Avg per participant
Official DOL plan name: Local 338 Retirement Fund · Sponsored by Trustees Local 338 Retirement Fund · New York · Retail Trade
$588M in assets, 2,454 participants
Trustees Local 338 Retirement Fund's Local 338 Retirement Fund reported $588M in total assets and 2,454 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)
- #8,292 in Retail Trade (8,414 peers)
Coverage in New York
Local 338 Retirement Fund covers 2,454 participants in New York, 3.1x the typical New York plan (state average ~798 per filing). Assets: $588M.
- $588M
- total plan assets (2023 EOY)
- 2,454
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $239,710
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Local 338 Retirement Fund reported net income rose from -$109M in the plan year 2022 filing to $10M in the plan year 2023 filing.
- Local 338 Retirement Fund reported participants fell from 2,577 in the plan year 2022 filing to 2,454 in the plan year 2023 filing.
- Local 338 Retirement Fund end-of-year assets rose from $578M in the plan year 2022 filing to $588M 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 Retirement Fund reports 2,454 participants - 3.1x that state average ($588M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $578M |
|---|---|
| Net Assets (End of Year) | $586M |
| Net Income | $10M |
| Employer EIN | 136533678 |
| Plan Effective Date | 1955-02-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Trustees Local 338 Retirement Fund)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,577 | $578M |
| 2023 | 1 | 2,454 | $588M |
| 2024 | 1 | 1,782 | $607M |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Local 338 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Local 338 Retirement Fund by total assets, not by location.
Frequently Asked Questions
How did Local 338 Retirement Fund assets move in 2023? ▼
How have Trustees Local 338 Retirement Fund plan assets changed over time? ▼
Where does Local 338 Retirement Fund rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Local 338 Retirement Fund? ▼
Next read for Local 338 Retirement Fund
Filing takeaways
Ways to act on Local 338 Retirement Fund's numbers.
- By total assets, Local 338 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
- Trustees Local 338 Retirement Fund's sponsor-wide assets have grown 5.0% since 2022 across 3 plan years on file. More Retail Trade plans