New York › Arts, entertainment and recreation › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
New York Backstretch Employees Pension Plan
Sponsored by New York Backstretch Employees Pension Plan, Elmont, NY
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
New York Backstretch Employees Pension Plan of Elmont, New York sponsors New York Backstretch Employees Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 1,984 participants (1,148 active) and $55.2M in net assets.
Net assets came to $27,842 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well below the $98,070 median for defined benefit plans in arts, entertainment and recreation. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $1.6M for the year ($1,375 per active participant) and benefits paid were $4.9M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $466K: $235 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $1.7M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $39.4M in 2009 to $55.2M in 2024 (up 40%), and participants from 2,157 to 1,984 (down 8%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $27,842 | $87,935 | $98,070 | $86,221 |
| Employer contributions per active participant | $1,375 | $10,593 | $8,284 | $10,244 |
| Schedule C compensation per participant | $235 | $325 | $440 | $344 |
| Schedule C compensation, share of net assets | 0.84% | 0.41% | 0.49% | 0.42% |
| Administrative expenses per participant | $836 | $513 | $715 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), arts, entertainment and recreation (119) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,984 | $55.2M | $27,842 | $1.6M | — | $466K |
| 2023 | 2,011 | $52.1M | $25,909 | $1.6M | — | $379K |
| 2022 | 2,132 | $47.8M | $22,403 | $1.7M | — | $402K |
| 2021 | 2,137 | $63.7M | $29,819 | $1.6M | — | $479K |
| 2020 | 2,045 | $57.4M | $28,067 | $1.0M | — | $430K |
| 2019 | 2,131 | $55.4M | $26,005 | $1.6M | — | $482K |
| 2018 | 2,211 | $48.3M | $21,827 | $1.6M | — | $491K |
| 2017 | 2,267 | $54.8M | $24,152 | $1.5M | — | $524K |
| 2016 | 2,301 | $49.4M | $21,455 | $1.6M | — | $489K |
| 2015 | 2,232 | $50.1M | $22,436 | $1.6M | — | $531K |
| 2014 | 2,331 | $53.3M | $22,861 | $1.6M | — | $509K |
| 2013 | 2,410 | $51.3M | $21,290 | $1.6M | — | $512K |
| 2012 | 2,498 | $43.4M | $17,382 | $1.5M | — | $366K |
| 2011 | 2,429 | $40.9M | $16,820 | $1.0M | — | $293K |
| 2010 | 2,246 | $42.7M | $19,005 | $998K | — | $258K |
| 2009 | 2,157 | $39.4M | $18,266 | $1.1M | $0 | $243K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$52,102,192
- Employer contributions$1,578,057
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$1,578,057
- Total income, including investment results$9,716,468
- Benefits paid$4,921,686
- Administrative expenses$1,658,908
- Total expenses$6,580,594
- Net income$3,135,874
- Net transfers$0
- Net assets, end of year$55,238,066
Participants
- Active participants1,148
- Retired or separated, receiving benefits13
- Retired or separated, entitled to future benefits823
- Total participants, end of year1,984
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Eagle Capital Management | Trustee (bank, trust company, or similar financial institution) | $230,753 | $0 |
| Brandywine Asset Management | Trustee (bank, trust company, or similar financial institution) | $48,137 | $0 |
| Sentinel Benefits Group, LLC | Actuarial | $44,970 | $0 |
| Dahab Associates, Inc. | Trustee (bank, trust company, or similar financial institution) | $37,861 | $0 |
| Epstein, Becker and Green | Legal | $36,956 | $0 |
| Calibre CPA Group PLLC | Accounting (including auditing); Recordkeeping and information management | $32,029 | $0 |
| Wellington Management Trust | Trustee (bank, trust company, or similar financial institution) | $20,987 | $0 |
| Wilmington Trust | Trustee (bank, trust company, or similar financial institution) | $14,779 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,192,436
- Investment advisory and management fees$337,738
- Actuarial fees$44,970
- Legal fees$36,956
- IQPA audit fees$24,000
- Trustee and custodial fees$14,779
- Recordkeeping fees$8,029
- Total administrative expenses$1,658,908
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Corporate stocks$27.4M · 49.4%
- U.S. Government securities$14.3M · 25.9%
- Registered investment companies (mutual funds)$8.6M · 15.6%
- Cash (interest and non-interest bearing)$2.3M · 4.1%
- Insurance company general account$1.5M · 2.8%
- Corporate debt instruments$1.1M · 2.0%
- Receivables$156K · 0.3%
- Other investments$3,883 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCalibre CPA Group PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 711210: Spectator Sports (including sports clubs & racetracks).
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| National Hockey League Players Retirement Benefit Plan | Benefits Committee of the National Hockey League Retirement Benefits P | 2,380 | $863M | $362,608 |
| The Metropolitan Museum of Art Retirement Plan for Covered Union Employees | The Metropolitan Museum of Art | 1,906 | $240M | $125,872 |
| Pension Fund of Local No. One of I. a. T. S. E. | Board of Trustees, Pension Fund of Local No. One of I.A.T.S.E. | 4,315 | $658M | $152,407 |
| Major League Baseball - Office Employees Plan | Office of the Commissioner of Baseball | 1,667 | $316M | $189,854 |
| Minor League Players Pension Plan | Office of the Commissioner of Baseball | 7,578 | $20.7M | $2,730 |
| Metropolitan Opera Association Retirement Plan | Metropolitan Opera Association, Inc. | 1,664 | $277M | $166,746 |
Defined benefit plans in arts, entertainment and recreation closest in size.
Questions and answers
How big is New York Backstretch Employees Pension Plan?
1,984 participants at the end of the plan year ending 31 Dec 2024, of whom 1,148 were active employees, with net assets of $55,238,066. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does New York Backstretch Employees Pension Plan contribute per participant?
The filing reports $1,578,057 in employer contributions for the year, which is $1,375 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $466,472 in compensation to service provider organisations, $235 per participant or 0.84% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $1,658,908. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is New York Backstretch Employees Pension Plan. Recordkeeping or administration: Calibre CPA Group PLLC. Trustee or custodian: Eagle Capital Management, Brandywine Asset Management and Dahab Associates, Inc.. The financial statements were audited by Calibre CPA Group PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 9 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 11-2236389, plan 001, received 9 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.