Defined Benefit (Pension) · DOL Form 5500 · 2024

Trustees Local 338 Retirement Fund Pension Plan

Data updated 2026-07-24

$607M
Total assets
1,782
Participants
98th
Percentile by assets
$340,642
Avg per participant
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Official DOL plan name: Local 338 Retirement Fund · Sponsored by Trustees Local 338 Retirement Fund · New York · Retail Trade

$607M in assets, 1,782 participants

Trustees Local 338 Retirement Fund's Local 338 Retirement Fund reported $607M in total assets and 1,782 participants in its 2024 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 116,472 plans)

Coverage in New York

Local 338 Retirement Fund covers 1,782 participants in New York, 2.2x the typical New York plan (state average ~795 per filing). Assets: $607M.

$607M
total plan assets (2024 EOY)
1,782
covered participants
98th
percentile by assets (of 116,472 plans)
$340,642
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 338 Retirement Fund reported net income rose from $10M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Local 338 Retirement Fund reported participants fell from 2,454 in the plan year 2023 filing to 1,782 in the plan year 2024 filing.
  • Local 338 Retirement Fund end-of-year assets rose from $588M in the plan year 2023 filing to $607M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. Local 338 Retirement Fund reports 1,782 participants - 2.2x that state average ($607M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$588M
Net Assets (End of Year)$604M
Net Income$19M
Employer EIN136533678
Plan Effective Date1955-02-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Trustees Local 338 Retirement Fund)

$570M$580M$590M$600M$610M 202220232024 $578M $607M ▲ +5.0%
Total plan assets by year, all Trustees Local 338 Retirement Fund plans on file
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

Local 338 Retirement Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Local 338 Retirement…IBM Personal Pension…1199seiu Health Care…Consolidated Edison …Pfizer Consolidated …GE Energy Pension Plan
Local 338 Retirement Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

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 2024?
Local 338 Retirement Fund edged up modestly - up 3.2% during 2024, from $588M to $607M. Reported net income was $19M.
How have Trustees Local 338 Retirement Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Trustees Local 338 Retirement Fund's sponsor-wide assets grew 5.0%, from $578M to $607M.
Where does Local 338 Retirement Fund rank by assets among Form 5500 filers?
Local 338 Retirement Fund ranks in the 98th 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 Local 338 Retirement Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Children's Hospital & Research Center at Oakland in CA ($607M, 1,652 participants).

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

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 136533678.

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