Profit Sharing · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$125M
Total assets: 8,553
Participants: 92nd
Percentile by assets: $14,621
Avg per participant

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.

92nd percentile by assets (of 116,472 plans)

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 ~795 per filing). Assets: $125M.

$125M
total plan assets (2024 EOY): 8,553
covered participants: 92nd
percentile by assets (of 116,472 plans): $14,621
avg assets per participant

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 →

State

New York

Industry

Retail Trade

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Ufcw Local 342 Savings and 401(k) Plan reports 8,553 participants - 11x that state average ($125M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$111M
Net Assets (End of Year)	$124M
Net Income	$14M
Employer EIN	562364474
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Board of Trustees Ufcw Local 342 Savings and 401(k) plans on file

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

Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $2.1B · 3,278
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.8B · 5,817
The Research Foundation for the State University of New York Retirement Plan $1.3B · 9,758
Rochester Regional Health 403(b) Defined Contribution Plan $987M · 15,432
Mason Tenders District Council Annuity Fund $944M · 11,824

Compare Ufcw Local 342 Savings and 401(k) Plan side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Ufcw Local 342 Savings and 401(k) Plan by total assets, not by location.

Building Laborers Local 310 Annuity Fund (OH) $125M · 1,940
Riverside Healthcare 401(a) Savings Plan (IL) $125M · 2,289
Electrical Workers IBEW Local 163 Annuity Fund (NJ) $125M · 480
Mto Profit Sharing Plan (CA) $126M · 356

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 116,472 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).

Next read for Ufcw Local 342 Savings and 401(k) Plan

Filing takeaways

Ways to act on Ufcw Local 342 Savings and 401(k) Plan's numbers.

By total assets, Ufcw Local 342 Savings and 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Board of Trustees Ufcw Local 342 Savings and 401(k)'s sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Retail Trade plans

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.