Profit Sharing · DOL Form 5500 · 2024

Board of Trustees Ufcw Local 342 Savings and 401(k) Profit Sharing Plan

Data updated 2026-08-25

$125M
Total assets Near avg plan size
8,553
Participants Very large workforce
92nd
Percentile by assets National rank
$14,621
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ufcw Local 342 Savings and 401(k) Plan · Sponsored by Board of Trustees Ufcw Local 342 Savings and 401(k) · New York · Retail Trade

$125M in assets, 8,553 participants

Board of Trustees Ufcw Local 342 Savings and 401(k)'s Ufcw Local 342 Savings and 401(k) Plan reported $125M in total assets and 8,553 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,676 in Retail Trade (8,048 peers)

Coverage in New York

Ufcw Local 342 Savings and 401(k) Plan covers 8,553 participants in New York, 11x the typical New York plan (state average ~798 per filing). Assets: $125M.

#7,676
in Retail Trade (8,048 peers)
+12.8%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Ufcw Local 342 Savings and 401(k) Plan's outsized position by total assets

Ufcw Local 342 Savings and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$125,049,258 Top 8% higher than 92% of 123,620 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 2024

Ufcw Local 342 Savings and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ufcw Local 342 Savings and 401(k) Plan lands in the large band (8,553 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ufcw Local 342 Savings and 401(k) Plan reported net income fell from $18M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Ufcw Local 342 Savings and 401(k) Plan end-of-year assets rose from $111M in the plan year 2023 filing to $125M in the plan year 2024 filing.
  • Ufcw Local 342 Savings and 401(k) Plan reported participants rose from 8,288 in the plan year 2023 filing to 8,553 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 562364474 · Board of Trustees Ufcw Local 342 Savings and 401(k) PY 2024 · Profit Sharing

Ufcw Local 342 Savings and 401(k) Plan · $125M · 8,553 · 92nd

  • EOY $125M
  • EOY 8,553
  • EOY 92nd
  • EOY Profit Sharing
  • EOY near Building Laborers Local 310 Annuity Fund
  • EOY ind #7676

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 Retail Trade retirement plans → · Plans in New York →

Ufcw Local 342 Savings and 401(k) Plan in the asset neighbourhood

Mto Profit Sharing Plan$126MElectrical Workers IBEW Local 163 Annuity FundElectrical Workers IBEW Loca…$125MRiverside Healthcare 401(a) Savings PlanRiverside Healthcare 401(a) …$125MBuilding Laborers Local 310 Annuity FundBuilding Laborers Local 310 …$125MUfcw Local 342 Savings and 401(k) PlanUfcw Local 342 Savings and 4…$125M
End-of-year total assets ($M) among Ufcw Local 342 Savings and 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$124M
Net Income$14M
Employer EIN562364474
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ufcw Local 342 Savings and 401(k))

Sponsor-wide plan assets over time

All Board of Trustees Ufcw Local 342 Savings and 401(k) plans reported in each filing year

Latest sponsor-wide plan assets
$125M 34.22371033782554% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $93.2M $125M ▲ +34.2%
Year Plans Participants Total Assets
2022 1 8,267 $93M
2023 1 8,288 $111M
2024 1 8,553 $125M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Ufcw Local 342 Savings and 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 00.511.522.5 Total assets ($B) Participants Ufcw Local 342 Savings and 401(k) Plan, Total assets ($B): 0.125049258 · Participants: 8553Ufcw Local 342 Savings and 401(k) PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Ufcw Local 342 Savings and 401(k) Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Ufcw Local 342 Savings and 401(k) Plan side-by-side with 3 peers →

Scale composition for Ufcw Local 342 Savings and 401(k) Plan

Ufcw Local 342 Savings and 401(k) Plan reports $125M in end-of-year assets across 8,553 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $14,621 per participant (11% of the national average assets-per-participant) . Net income for plan year 2024 was $14M.

This plan identity (EIN 562364474, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $93M to $125M (+34.2%) while covered participants moved from 8,267 to 8,553 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,267 $93M Open filing
2023 8,288 $111M Open filing
2024 · index core 8,553 $125M This page

Ufcw Local 342 Savings and 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Building Laborers Local 310 Annuity Fund in OH ($125M); by covered participants it is Wgu Retirement Savings Plan in UT (8,497 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($125M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,553 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ufcw Local 342 Savings and 401(k) Plan assets move in 2024? ▼
Ufcw Local 342 Savings and 401(k) Plan grew at a solid clip - up 12.8% during 2024, from $111M to $125M. Reported net income was $14M.
How have Board of Trustees Ufcw Local 342 Savings and 401(k) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Board of Trustees Ufcw Local 342 Savings and 401(k)'s sponsor-wide assets grew 34.2%, from $93M to $125M.
Where does Ufcw Local 342 Savings and 401(k) Plan rank by assets among Form 5500 filers? ▼
Ufcw Local 342 Savings and 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Ufcw Local 342 Savings and 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Building Laborers Local 310 Annuity Fund in OH ($125M, 1,940 participants).
Which Profit Sharing plans cover a similar participant headcount to Ufcw Local 342 Savings and 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Wgu Retirement Savings Plan in UT (8,497 participants, $533M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 562364474.

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.