Employer · plans filed under one EIN
Board of Trustees of Local 298 Annuity Fund
Valley Stream, NY · Manufacturing
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 Board of Trustees of Local 298 Annuity Fund's employer identification number (Valley Stream, New York). Their latest filings total 6,906 participant records and $42.8M in net assets.
The largest is Local 298 Annuity Fund, a 401(k) plan with 4,515 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 $2.7M and participant contributions $2.6M in the latest plan years; benefits paid were $3.3M. Schedule C compensation reported to service provider organisations totalled $203K.
Combined net assets moved from $4.7M in 2009 to $42.8M in 2024 (up 814%). 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 |
|---|---|---|---|---|---|---|---|
| Local 298 Annuity Fund | 401(k) plan | 2024 | 4,515 | $15.6M | $3,448 | $627 | $59K |
| Local 298 Pension Fund | defined benefit pension plan | 2024 | 2,391 | $27.2M | $11,374 | $2,383 | $144K |
| 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 | 6,906 | $42.8M | $2.7M | $2.6M |
| 2023 | 1 | 4,000 | $11.7M | $2.2M | $1.7M |
| 2022 | 1 | 2,500 | $7.8M | $1.7M | $1.2M |
| 2021 | 2 | 1,686 | $10.3M | $2.0M | $625K |
| 2020 | 2 | 1,268 | $7.7M | $1.4M | $435K |
| 2019 | 2 | 1,180 | $6.7M | $1.2M | $442K |
| 2018 | 2 | 1,120 | $5.2M | $805K | $759K |
| 2017 | 2 | 1,090 | $4.8M | $762K | $35K |
| 2016 | 1 | 495 | $3.2M | $397K | $0 |
| 2015 | 1 | 490 | $3.4M | $364K | $0 |
| 2014 | 2 | 883 | $4.6M | $400K | $46K |
| 2013 | 2 | 860 | $4.5M | $326K | $40K |
| 2012 | 2 | 868 | $4.2M | $284K | $37K |
| 2011 | 2 | 926 | $4.2M | $295K | $29K |
| 2010 | 2 | 1,115 | $3.9M | $272K | $0 |
| 2009 | 2 | 1,112 | $4.7M | $272K | $23K |
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 |
|---|---|---|---|
| Marshall & Moss LLP | Accounting (including auditing); Contract Administrator | 1 | $58,500 |
| Barnes, Iaccarino, & Shepherd LLP | Legal | 1 | $31,120 |
| Eastern States Joint Board | Recordkeeping and information management | 1 | $29,165 |
| Dickinson Group | Actuarial | 1 | $20,167 |
| Summit Actuarial Services | Actuarial | 1 | $14,342 |
| TPA Corporation | Consulting (general) | 1 | $14,213 |
| Buchbinder Tunick & Co. LLP | Accounting (including auditing) | 1 | $13,250 |
| Weaver and Tidwell, LLP | Accounting (including auditing) | 1 | $12,500 |
| Interncontinental US Real Estate in | Investment management | 1 | $9,553 |
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 Board of Trustees of Local 298 Annuity Fund have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Local 298 Annuity Fund and Local 298 Pension Fund. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Board of Trustees of Local 298 Annuity Fund contribute to its plans?
$2,725,342 in employer contributions across these plans in their latest plan years, about $945 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 Marshall & Moss LLP, Barnes, Iaccarino, & Shepherd LLP, Eastern States Joint Board and Dickinson Group 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.