Employer · plans filed under one EIN
BD of Trustees-Legacy Plan of the National Retirement Fund
White Plains, NY · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under BD of Trustees-Legacy Plan of the National Retirement Fund's employer identification number (White Plains, New York). Their latest filings total 229,567 participant records and $1.99B in net assets.
The largest is Legacy Plan of the National Retirement Fund, a defined benefit pension plan with 184,550 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $62.9M and participant contributions $0 in the latest plan years; benefits paid were $160M. Schedule C compensation reported to service provider organisations totalled $23.2M.
Combined net assets moved from $2.09B in 2009 to $1.99B in 2024 (down 5%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Legacy Plan of the National Retirement Fund | defined benefit pension plan | 2024 | 184,550 | $1.83B | $9,920 | $5,771 | $19.8M |
| Adjustable Plan of the National Retirement Fund | defined benefit pension plan | 2024 | 45,017 | $161M | $3,583 | $519 | $3.4M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 229,567 | $1.99B | $62.9M | $0 |
| 2023 | 2 | 244,124 | $1.93B | $50.1M | $0 |
| 2022 | 2 | 246,056 | $1.81B | $58.6M | $0 |
| 2021 | 2 | 255,169 | $2.20B | $51.5M | $0 |
| 2020 | 2 | 261,026 | $1.97B | $64.2M | $0 |
| 2019 | 2 | 269,681 | $1.89B | $96.5M | $0 |
| 2018 | 2 | 275,791 | $1.70B | $62.8M | $0 |
| 2017 | 2 | 443,439 | $2.67B | $224M | $0 |
| 2016 | 2 | 450,626 | $2.37B | $180M | $0 |
| 2015 | 2 | 462,773 | $2.31B | $168M | $0 |
| 2014 | 1 | 407,404 | $2.44B | $189M | $0 |
| 2013 | 1 | 408,863 | $2.38B | $152M | $0 |
| 2012 | 1 | 412,309 | $2.15B | $167M | $0 |
| 2011 | 1 | 415,067 | $2.01B | $136M | $0 |
| 2010 | 1 | 425,319 | $2.17B | $126M | $0 |
| 2009 | 1 | 433,933 | $2.09B | $124M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Amalgamated Employee Benefits Admin | Contract Administrator; Other services | 2 | $14,612,848 |
| Schulte Roth & Zabel LLP | Legal | 2 | $2,488,482 |
| Hardman Johnston Global Advisors | — | 2 | $750,017 |
| Horizon Actuarial Services, LLC | Actuarial | 2 | $669,775 |
| Hamilton Lane Advisors, LLC | — | 1 | $661,154 |
| Amalgamated Bank | Custodial (other than securities); Custodial (securities) | 1 | $553,780 |
| Lazard Asset Management, LLC | — | 1 | $426,095 |
| Novak Francella LLC | Accounting (including auditing) | 2 | $346,000 |
| Mariner Institutional, LLC | Investment advisory (plan) | 2 | $300,000 |
| Skyharbor Capital Management, LLC | — | 1 | $281,591 |
| Amalgamated Life Insurance Company | Other services | 2 | $279,022 |
| Virtual Benefits Administrators | Other services | 2 | $237,959 |
| Legacy Plan of the National Retirem | Other services | 1 | $84,649 |
| Hirtle, Callaghan & Company | — | 1 | $68,135 |
| JPMorgan Chase Bank, National Assoc | — | 1 | $46,042 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does BD of Trustees-Legacy Plan of the National Retirement Fund have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Legacy Plan of the National Retirement Fund and Adjustable Plan of the National Retirement Fund. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does BD of Trustees-Legacy Plan of the National Retirement Fund contribute to its plans?
$62,892,733 in employer contributions across these plans in their latest plan years, about $1,727 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Amalgamated Employee Benefits Admin, Schulte Roth & Zabel LLP, Hardman Johnston Global Advisors and Horizon Actuarial Services, LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.