401(k) · DOL Form 5500 · 2024

Board of Trustees of Local 298 Annuity Fund 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets: 2,256
Participants Above avg headcount: 65th
Percentile by assets National rank: $6,900
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Local 298 Annuity Fund · Sponsored by Board of Trustees of Local 298 Annuity Fund · New York · Manufacturing

$16M in assets, 2,256 participants

Board of Trustees of Local 298 Annuity Fund's Local 298 Annuity Fund reported $16M in total assets and 2,256 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

#9,499 in Manufacturing (17,777 peers)

Coverage in New York

Local 298 Annuity Fund covers 2,256 participants in New York, 2.8x the typical New York plan (state average ~798 per filing). Assets: $16M.

#9,499
in Manufacturing (17,777 peers): +32.8%
assets growth YoY

Local 298 Annuity Fund's mid-pack asset rank among Manufacturing and all filers

Local 298 Annuity Fund vs every filed plan by assets

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

$15,566,343 Top 35% higher than 65% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Local 298 Annuity Fund'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. Local 298 Annuity Fund lands in the large band (2,256 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Local 298 Annuity Fund end-of-year assets rose from $12M in the plan year 2023 filing to $16M in the plan year 2024 filing.
Local 298 Annuity Fund reported participants rose from 2,000 in the plan year 2023 filing to 2,256 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 116049445 · Board of Trustees of Local 298 Annuity Fund PY 2024 · 401(k)

Local 298 Annuity Fund · $16M · 2,256 · 65th

5500 $16M
ASSETS 2,256
PCT 65th
EIN 401(k)
RANK near Education Analytics 401(k) Plan
PHOTO ind #9499

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 Manufacturing retirement plans → · Plans in New York →

End-of-year total assets ($M) among Local 298 Annuity Fund and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)	$12M
Net Assets (End of Year)	$16M
Net Income	$4M
Employer EIN	116049445
Plan Effective Date	2002-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Board of Trustees of Local 298 Annuity Fund)

Latest sponsor-wide plan assets: $43M 447.63560544323076% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	650	$8M
2023	1	2,000	$12M
2024	2	2,782	$43M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Local 298 Annuity Fund vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401(k) Plan $60.4B · 52,674
Morgan Stanley 401(k) Plan $22.2B · 53,860
Pfizer Savings Plan $22.0B · 33,309
The Pepsico Savings Plan $14.9B · 137,398
The Goldman Sachs 401(k) Plan $12.8B · 23,227

Compare Local 298 Annuity Fund side-by-side with 3 peers →

Local 298 Annuity Fund's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Education Analytics 401(k) Plan in WI ($16M); by covered participants it is Encore Rehabilitation Services in MI (2,256 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Education Analytics 401(k) Plan (WI) $16M · 111
Avid Products, Inc. Employee Stock Ownership 401(k) Plan (RI) $16M · 30
Rule Joy Trammell & Rubio 401(k) Retirement Plan (GA) $16M · 94
B & H Construction 401(k) Plan (OK) $16M · 418

Similar participant headcount

Nearest other-state filings by covered participants (2,256 participants); asset peers above are excluded.

Encore Rehabilitation Services (MI) 2,256 · 0 off
Torrid 401(k) Plan (CA) 2,256 · 0 off
Amy's Kitchen, Inc. 401(k) Retirement Plan (CA) 2,256 · 0 off
Onc 401(k) Plan (AK) 2,257 · 1 off

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 Local 298 Annuity Fund assets move in 2024? ▼

Local 298 Annuity Fund surged - up 32.8% during 2024, from $12M to $16M. Reported net income was $4M.

How have Board of Trustees of Local 298 Annuity Fund plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Board of Trustees of Local 298 Annuity Fund's sponsor-wide assets grew 447.6%, from $8M to $43M.

Which 401(k) plans are similar in size to Local 298 Annuity Fund? ▼

Among 401(k) plans in other states, the closest by assets is Education Analytics 401(k) Plan in WI ($16M, 111 participants).

Which 401(k) plans cover a similar participant headcount to Local 298 Annuity Fund? ▼

Among 401(k) plans in other states, the closest by covered participants is Encore Rehabilitation Services in MI (2,256 participants, N/A 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 116049445.