Trustees Local 338 Retirement Fund retirement plan: assets, participants and fees
What Trustees Local 338 Retirement Fund's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Andrew Vella | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 23 pension plans in retail trade with 10,000 to 49,999 participants.
| Trustees Local 338 Retirement Fund: employer contribution per participant | $290 | |
| Peer median | $499 |
| Trustees Local 338 Retirement Fund: average balance | $35,416 | |
| Peer median | $36,384 |
| Trustees Local 338 Retirement Fund: admin expenses ÷ assets | 0.61% | |
| Peer median | 0.61% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $685M at the end of plan year 2021 to $604M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 17,068 | $604M | $4.9M | $290 | 0.61% | Not published | Form 5500 ↗ |
| 2023 | 17,233 | $586M | $4.9M | $283 | 0.62% | Not published | Form 5500 ↗ |
| 2022 | 19,027 | $575M | $6.3M | $330 | 0.63% | Not published | Form 5500 ↗ |
| 2021 | 17,981 | $685M | $6.7M | $373 | 0.93% | Not published | Form 5500 ↗ |
Common questions
Does Trustees Local 338 Retirement Fund match 401(k) contributions?
The match terms for the Local 338 Retirement Fund have not been published from its filing yet. The plan year 2024 filing reports $4.9M in employer contributions, about $290 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Trustees Local 338 Retirement Fund 401(k) match vested?
The vesting schedule for the Local 338 Retirement Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Trustees Local 338 Retirement Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Andrew Vella. The plan administrator is Trustees Local 338 Retirement Fund.
I left Trustees Local 338 Retirement Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Trustees Local 338 Retirement Fund, (516) 294-1338) or the recordkeeper, Andrew Vella. The Trustees Local 338 Retirement Fund old 401(k) page lists the contacts from every plan filing. Find an old Trustees Local 338 Retirement Fund 401(k)
Data from the public Form 5500 annual reports Trustees Local 338 Retirement Fund filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Trustees Local 338 Retirement Fund. Not financial advice. Report a correction · Methodology