401(k) · DOL Form 5500 · 2023

Board of Trustees of Local 298 Annuity Fund 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
2,000
Participants Near avg headcount
62nd
Percentile by assets National rank
$5,859
Avg per participant Low balance/head
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Official DOL plan name: Local 298 Annuity Fund · Sponsored by Board of Trustees of Local 298 Annuity Fund · New York · Finance & Insurance

$12M in assets, 2,000 participants

Board of Trustees of Local 298 Annuity Fund's Local 298 Annuity Fund reported $12M in total assets and 2,000 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,161 in Finance & Insurance (8,869 peers)

Coverage in New York

Local 298 Annuity Fund covers 2,000 participants in New York, 2.5x the typical New York plan (state average ~798 per filing). Assets: $12M.

#4,161
in Finance & Insurance (8,869 peers)
+48.7%
assets growth YoY

Local 298 Annuity Fund's mid-pack asset rank among Finance & Insurance and all filers

Local 298 Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,717,596 Top 38% higher than 62% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Local 298 Annuity Fund's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Local 298 Annuity Fund lands in the large band (2,000 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Local 298 Annuity Fund reported net income rose from $1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Local 298 Annuity Fund reported participants rose from 650 in the plan year 2022 filing to 2,000 in the plan year 2023 filing.
  • Local 298 Annuity Fund end-of-year assets rose from $8M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 116049445 · Board of Trustees of Local 298 Annuity Fund PY 2023 · 401(k)

Local 298 Annuity Fund · $12M · 2,000 · 62nd

  • ASSETS $12M
  • ASSETS 2,000
  • ASSETS 62nd
  • ASSETS 401(k)
  • ASSETS near Kalmbach Media 401(k) Plan
  • ASSETS ind #4161

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 →

Local 298 Annuity Fund in the asset neighbourhood

Local 298 Annuity Fund$12MKalmbach Media 401(k) Plan$12MConsolidated Citrus 401(k) Savings PlanConsolidated Citrus 401(k) S…$12MNation's Best Holdings 401(k) PlanNation's Best Holdings 401(k…$12MFolio Wine Company, LLC 401(k) PlanFolio Wine Company, LLC 401(…$12M
End-of-year total assets ($M) among Local 298 Annuity Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$12M
Net Income$4M
Employer EIN116049445
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 298 Annuity Fund)

Sponsor-wide plan assets over time

All Board of Trustees of Local 298 Annuity Fund plans reported in each filing year

Latest sponsor-wide plan assets
$43M 447.63560544323076% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $7.81M $42.8M ▲ +447.6%
Year Plans Participants Total Assets
2022 1 650 $8M
2023 1 2,000 $12M
2024 2 2,782 $43M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Local 298 Annuity Fund vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Local 298 Annuity Fund, Total assets ($B): 0.011717596 · Participants: 2000Local 298 Annuity FundIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Local 298 Annuity Fund vs. nearby 401(k) plans in New York, assets vs. participants
Compare Local 298 Annuity Fund side-by-side with 3 peers →

Local 298 Annuity Fund's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Kalmbach Media 401(k) Plan in WI ($12M); by covered participants it is Workiva 401(k) Plan in IA (2,000 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,000 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Local 298 Annuity Fund assets move in 2023? ▼
Local 298 Annuity Fund surged - up 48.7% during 2023, from $8M to $12M. Reported net income was $4M.
How have Board of Trustees of Local 298 Annuity Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees of Local 298 Annuity Fund's sponsor-wide assets grew 447.6%, from $8M to $43M.
Which 401(k) plans are similar in size to Local 298 Annuity Fund? ▼
Among 401(k) plans in other states, the closest by assets is Kalmbach Media 401(k) Plan in WI ($12M, 124 participants).
Which 401(k) plans cover a similar participant headcount to Local 298 Annuity Fund? ▼
Among 401(k) plans in other states, the closest by covered participants is Workiva 401(k) Plan in IA (2,000 participants, $140M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 116049445.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.