New York › Accommodation and food services › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
UFCW Local 2013 Annuity Fund
Sponsored by Board of Trustees UFCW Local 2013 Annuity Fund, Brooklyn, 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.
UFCW Local 2013 Annuity Fund is a money purchase plan sponsored by Board of Trustees UFCW Local 2013 Annuity Fund of Brooklyn, New York. For the plan year ending 31 Dec 2024 it reported 13,811 participants, 5,671 of them active, and net assets of $34.7M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $2,514 per participant, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well below the $11,807 median for defined contribution plans in accommodation and food services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $3.5M during the year, or $623 per active participant against a same-size median of $2,424; participants contributed —. Benefits paid out totalled $1.9M.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $664K: $48.05 per participant, below the same-size median of $53.38. Administrative expenses charged to the plan were $752K. 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 $6.1M in 2009 to $34.7M in 2024 (up 466%), and participants from 4,880 to 13,811 (up 183%).
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 DC plans |
|---|---|---|---|---|
| Net assets per participant | $2,514 | $64,499 | $11,807 | $53,102 |
| Employer contributions per active participant | $623 | $2,424 | $505 | $2,175 |
| Schedule C compensation per participant | $48.05 | $53.38 | $54.19 | $123 |
| Schedule C compensation, share of net assets | 1.9% | 0.09% | 0.49% | 0.26% |
| Administrative expenses per participant | $54.42 | $54.85 | $53.24 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), accommodation and food services (1,254) and all US plans (63,460). 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 | 13,811 | $34.7M | $2,514 | $3.5M | — | $664K |
| 2023 | 13,012 | $30.8M | $2,365 | $3.1M | — | $708K |
| 2022 | 12,873 | $26.9M | $2,092 | $3.0M | — | $652K |
| 2021 | 13,015 | $29.8M | $2,286 | $3.1M | — | $765K |
| 2020 | 12,399 | $26.6M | $2,146 | $2.9M | — | $734K |
| 2019 | 11,888 | $23.4M | $1,967 | $2.8M | — | $820K |
| 2018 | 12,569 | $21.4M | $1,701 | $3.5M | — | $855K |
| 2017 | 12,184 | $23.0M | $1,884 | $4.3M | — | $841K |
| 2016 | 10,733 | $20.3M | $1,888 | $4.1M | — | $602K |
| 2015 | 8,879 | $17.6M | $1,987 | $4.4M | — | $279K |
| 2014 | 7,650 | $14.3M | $1,865 | $4.0M | — | $259K |
| 2013 | 7,953 | $10.9M | $1,368 | $2.0M | — | $177K |
| 2012 | 8,761 | $9.6M | $1,092 | $1.8M | — | $64K |
| 2011 | 8,085 | $8.3M | $1,021 | $1.7M | — | $124K |
| 2010 | 4,420 | $7.1M | $1,615 | $1.6M | — | $319K |
| 2009 | 4,880 | $6.1M | $1,257 | $1.5M | — | $95K |
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$30,772,718
- Employer contributions$3,531,764
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$3,531,764
- Total income, including investment results$6,627,717
- Benefits paid$1,932,671
- Administrative expenses$751,547
- Total expenses$2,684,218
- Net income$3,943,499
- Net transfers$0
- Net assets, end of year$34,716,217
Participants
- Active participants5,671
- Retired or separated, receiving benefits11
- Retired or separated, entitled to future benefits8,110
- Participants with account balances13,811
- Total participants, end of year13,811
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| John Hancock Retirement Plan SVC | Recordkeeping and information management; Investment advisory (participants); Investment advisory (plan) | $473,417 | $0 |
| Tri-State Administrators Inc. | Contract Administrator | $89,710 | $0 |
| Schultheis & Panettieri LLP | Accounting (including auditing) | $62,000 | $0 |
| Morgan Stanley Smith Barney LLC | Investment advisory (plan) | $20,000 | $0 |
| Bridgeway Benefit Technologies | Recordkeeping and information management | $13,550 | $0 |
| O'Brien Belland & Bushinsky | Legal | $5,000 | $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
- Investment advisory and management fees$493,417
- Other administrative expenses$98,866
- Contract administrator fees$89,710
- IQPA audit fees$62,000
- Legal fees$7,554
- Total administrative expenses$751,547
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.
- Registered investment companies (mutual funds)$26.6M · 76.4%
- Insurance company general account$7.6M · 21.7%
- Receivables$352K · 1.0%
- Cash (interest and non-interest bearing)$293K · 0.8%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmSchultheis & Panettieri LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,500,000
- Blackout period during the yearNo
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
2CMoney purchase (other than target benefit) plan2FERISA section 404(c) plan2GTotal participant-directed account plan2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 722300: Special Food Services (including food service contractors & caterers).
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Legends 401(k) Profit Sharing Plan | Legends Hospitality, LLC | 17,161 | $106M | $6,164 |
| Loews Hotels 401(k) Plan | Loews Hotels Holding Corporation | 12,923 | $288M | $22,284 |
| New York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings Plan | The Board of Trustees | 26,852 | $813M | $30,280 |
| Shake Shack Retirement Plan | Shake Shack Enterprises, LLC | 6,367 | $45.5M | $7,148 |
| Delaware North Companies 401(k) Union Plan | Delaware North Companies, Incorporated | 3,422 | $60.5M | $17,681 |
| Eos Retirement Plan | Eos Investors LLC | 3,338 | $38.3M | $11,470 |
Defined contribution plans in accommodation and food services closest in size.
Questions and answers
How big is UFCW Local 2013 Annuity Fund?
13,811 participants at the end of the plan year ending 31 Dec 2024, of whom 5,671 were active employees, with net assets of $34,716,217. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Board of Trustees UFCW Local 2013 Annuity Fund contribute per participant?
The filing reports $3,531,764 in employer contributions for the year, which is $623 per active participant; the median for plans of the same type and size was $2,424 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 $663,677 in compensation to service provider organisations, $48.05 per participant or 1.9% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $751,547. 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 Board of Trustees UFCW Local 2013 Annuity Fund. Recordkeeping or administration: John Hancock Retirement Plan SVC, Tri-State Administrators Inc. and Bridgeway Benefit Technologies. Investment advisory or management: John Hancock Retirement Plan SVC and Morgan Stanley Smith Barney LLC. The financial statements were audited by Schultheis & Panettieri LLP. 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 28 Jul 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 11-2457157, plan 001, received 28 Jul 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.