Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund Pension Plan

Data updated 2026-08-06

$450M
Total assets
41,173
Participants
97th
Percentile by assets
$10,927
Avg per participant
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Official DOL plan name: The Adjustable Plan of the Unite Here Retirement · Sponsored by Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund · New York · Finance & Insurance

$450M in assets, 41,173 participants

Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund's The Adjustable Plan of the Unite Here Retirement reported $450M in total assets and 41,173 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)
  • #7,796 in Finance & Insurance (8,240 peers)

Coverage in New York

The Adjustable Plan of the Unite Here Retirement covers 41,173 participants in New York, 52x the typical New York plan (state average ~795 per filing). Assets: $450M.

$450M
total plan assets (2024 EOY)
41,173
covered participants
97th
percentile by assets (of 116,472 plans)
$10,927
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Adjustable Plan of the Unite Here Retirement end-of-year assets rose from $349M in the plan year 2023 filing to $450M in the plan year 2024 filing.
  • The Adjustable Plan of the Unite Here Retirement reported net income rose from $87M in the plan year 2023 filing to $101M in the plan year 2024 filing.
  • The Adjustable Plan of the Unite Here Retirement reported participants fell from 42,309 in the plan year 2023 filing to 41,173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. The Adjustable Plan of the Unite Here Retirement reports 41,173 participants - 52x that state average ($450M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$349M
Net Assets (End of Year)$449M
Net Income$101M
Employer EIN820994119
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund)

$0.8B$0.9B$1B$1.1B 202220232024 $0.87B $1.06B ▲ +21.8%
Total plan assets by year, all Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund plans on file
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 Adjustable Plan of the Unite Here Retirement vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Adjustable Plan of the Unite Here Retirement vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -505101520 Total assets ($B) Participants The Adjustable Plan …IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
The Adjustable Plan of the Unite Here Retirement vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

Scale composition for The Adjustable Plan of the Unite Here Retirement

The Adjustable Plan of the Unite Here Retirement reports $450M in end-of-year assets across 41,173 participants (0.004% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.046% of 89,805,449 covered participants) - about $10,927 per participant (8% of the national average assets-per-participant) . Net income for plan year 2024 was $101M.

This plan identity (EIN 820994119, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $262M to $450M (+71.9%) while covered participants moved from 39,683 to 41,173 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,683 $262M Open filing
2023 42,309 $349M Open filing
2024 · index core 41,173 $450M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Adjustable Plan of the Unite Here Retirement by total assets, not by location.

Frequently Asked Questions

How did The Adjustable Plan of the Unite Here Retirement assets move in 2024?
The Adjustable Plan of the Unite Here Retirement grew sharply - up 28.8% during 2024, from $349M to $450M. Reported net income was $101M.
How have Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees - Adjustable Plan of the Unite Here Retirement Fund's sponsor-wide assets grew 21.4%, from $872M to $1.1B.
Where does The Adjustable Plan of the Unite Here Retirement rank by assets among Form 5500 filers?
The Adjustable Plan of the Unite Here Retirement ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Adjustable Plan of the Unite Here Retirement?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Latham & Watkins Cash Balance Plan in CA ($451M, 567 participants).

Next read for The Adjustable Plan of the Unite Here Re…

Filing takeaways

Ways to act on The Adjustable Plan of the Unite Here Retirement's numbers.

  • By total assets, The Adjustable Plan of the Unite Here Retirement 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 - Adjustable 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