Defined Benefit (Pension) · DOL Form 5500 · 2024

Local 6559 Pension Fund Pension Plan

Data updated 2026-08-11

$15M
Total assets
307
Participants
64th
Percentile by assets
$48,438
Avg per participant
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Official DOL plan name: Local 6559 Pension Fund · Sponsored by Local 6559 Pension Fund · New York · Retail Trade

$15M in assets, 307 participants

Local 6559 Pension Fund's Local 6559 Pension Fund reported $15M in total assets and 307 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #6,047 in Retail Trade (8,048 peers)

Coverage in New York

Local 6559 Pension Fund covers 307 participants in New York, about 38% of the average New York filer (state average ~798 per filing). Assets: $15M.

$15M
total plan assets (2024 EOY)
307
covered participants
64th
percentile by assets (of 123,622 plans)
$48,438
avg assets per participant

Where Local 6559 Pension Fund sits by total assets

Local 6559 Pension Fund vs every filed plan by assets

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

$14,870,475 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Local 6559 Pension Fund reported net income fell from $1M in the plan year 2023 filing to $860K in the plan year 2024 filing.
  • Local 6559 Pension Fund reported participants rose from 278 in the plan year 2023 filing to 307 in the plan year 2024 filing.
  • Local 6559 Pension Fund end-of-year assets rose from $14M in the plan year 2023 filing to $15M 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 798 participants across 9,061 plans. Local 6559 Pension Fund reports 307 participants - about 38% of that state average ($15M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$860K
Employer EIN136608700
Plan Effective Date1972-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Local 6559 Pension Fund)

$12M$13M$14M$15M$16M 202220232024 $12.8M $14.9M ▲ +16.3%
Total plan assets by year, all Local 6559 Pension Fund plans on file
Year Plans Participants Total Assets
2022 1 248 $13M
2023 1 278 $14M
2024 1 307 $15M

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Local 6559 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Local 6559 Pension F…, Total assets ($B): 0.014870475 · Participants: 307Local 6559 Pension F…IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Local 6559 Pension Fund vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Local 6559 Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Local 6559 Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Local 6559 Pension Fund assets move in 2024? ▼
Local 6559 Pension Fund grew at a solid clip - up 6.1% during 2024, from $14M to $15M. Reported net income was $860K.
How have Local 6559 Pension Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Local 6559 Pension Fund's sponsor-wide assets grew 16.3%, from $13M to $15M.
Which Defined Benefit (Pension) plans are similar in size to Local 6559 Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Theatrical Stage Employees Union Local No. 27 Defined Benefit Plan in OH ($15M, 95 participants).

Next read for Local 6559 Pension Fund

Filing takeaways

Ways to act on Local 6559 Pension Fund's numbers.

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 136608700.

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.