New York › Manufacturing › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Soft Drink and Brewery Workers Union Local 812 Retirement Fund
Sponsored by Board of Trustees Soft Drink and Brewery Workers, Great Neck, 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.
Soft Drink and Brewery Workers Union Local 812 Retirement Fund is a defined benefit pension plan sponsored by Board of Trustees Soft Drink and Brewery Workers of Great Neck, New York. For the plan year ending 30 Jun 2025 it reported 7,674 participants, 1,656 of them active, and net assets of $973M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $126,827 per participant, well above the $87,623 median for defined benefit plans with 5,000 to 24,999 participants and well above the $67,961 median for defined benefit plans in manufacturing. 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 $3.2M for the year ($1,953 per active participant) and benefits paid were $55.9M. 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 15 service provider organisations paid $5,000 or more, with reported compensation of $2.9M: $384 per participant, well above the same-size median of $232. Administrative expenses charged to the plan were $4.2M. 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 $321M in 2009 to $973M in 2024 (up 203%), and participants from 7,784 to 7,674 (down 1%).
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 | $126,827 | $87,623 | $67,961 | $86,221 |
| Employer contributions per active participant | $1,953 | $9,468 | $6,915 | $10,244 |
| Schedule C compensation per participant | $384 | $232 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.30% | 0.30% | 0.47% | 0.42% |
| Administrative expenses per participant | $549 | $396 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 5,000 to 24,999 participants (651 plans), manufacturing (1,532) 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 | 7,674 | $973M | $126,827 | $3.2M | — | $2.9M |
| 2023 | 8,124 | $933M | $114,868 | $4.1M | — | $2.7M |
| 2022 | 7,976 | $878M | $110,089 | $466M | — | $3.2M |
| 2021 | 8,080 | $408M | $50,541 | $17.8M | — | $3.2M |
| 2020 | 8,265 | $480M | $58,074 | $34.1M | — | $4.5M |
| 2019 | 8,333 | $397M | $47,631 | $34.7M | — | $3.7M |
| 2018 | 8,395 | $410M | $48,829 | $34.0M | — | $2.8M |
| 2017 | 8,362 | $406M | $48,587 | $32.6M | — | $3.4M |
| 2016 | 8,019 | $394M | $49,147 | $29.7M | — | $3.5M |
| 2015 | 7,921 | $365M | $46,100 | $27.6M | — | $1.9M |
| 2014 | 8,071 | $393M | $48,700 | $25.9M | — | $1.6M |
| 2013 | 8,059 | $417M | $51,691 | $24.3M | — | $1.5M |
| 2012 | 8,037 | $379M | $47,193 | $36.2M | — | $1.7M |
| 2011 | 7,840 | $346M | $44,083 | $21.7M | — | $1.8M |
| 2010 | 7,849 | $374M | $47,638 | $20.2M | — | $1.6M |
| 2009 | 7,784 | $321M | $41,258 | $18.4M | — | $1.7M |
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$933,187,519
- Employer contributions$3,234,758
- Participant contributions—
- Rollovers and other contributions$2,420,590
- Total contributions$5,655,348
- Total income, including investment results$100,156,650
- Benefits paid$55,859,676
- Administrative expenses$4,214,632
- Total expenses$60,074,308
- Net income$40,082,342
- Net transfers$0
- Net assets, end of year$973,269,861
Participants
- Active participants1,656
- Retired or separated, receiving benefits3,001
- Retired or separated, entitled to future benefits2,321
- Total participants, end of year7,674
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Intercontinental Real Estate Corp. | Investment management | $486,664 | $0 |
| Loomis Sayles Trust Company | Investment management | $425,694 | $0 |
| Clarkston Capital Partners LLC | Investment management | $305,761 | $0 |
| Amalgamated Bank | Custodial (securities); Investment management | $295,365 | $0 |
| Proskauer Rose LLP | Legal | $234,448 | $0 |
| Aqr Capital Management LLC | Investment management | $168,058 | $0 |
| Cary Kane LLP | Legal | $141,320 | $0 |
| Quan-Vest Consultants Inc. | Investment advisory (plan) | $136,992 | $0 |
| James L. Green, P.C. | Legal | $136,409 | $0 |
| Sdbwu Local 812 Union | Other services | $114,976 | $0 |
| Novak Francella LLC | Accounting (including auditing) | $101,000 | $0 |
| The Segal Company | Actuarial | $90,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. 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$1,449,251
- Other administrative expenses$1,025,587
- Salaries and allowances$711,361
- Legal fees$527,727
- Trustee and custodial fees$295,365
- Actuarial fees$90,000
- IQPA audit fees$62,000
- Recordkeeping fees$53,341
- Total administrative expenses$4,214,632
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.
- Common/collective trusts$737M · 75.7%
- Partnership/joint venture interests$95.9M · 9.8%
- Other investments$49.2M · 5.0%
- Corporate stocks$33.4M · 3.4%
- 103-12 investment entities$32.0M · 3.3%
- Cash (interest and non-interest bearing)$23.8M · 2.4%
- Receivables$2.6M · 0.3%
- Buildings and other property used in plan operation$153K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmNovak Francella, LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- 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)1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 312110: Soft Drink & Ice Mfg.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Colgate-Palmolive Company Employees' Retirement Income Plan | Colgate-Palmolive Company | 8,715 | $1.28B | $146,467 |
| United Wire, Metal & Machine Pension Fund | Board of Trustees of U.W.M. & M. Pension Fund | 5,682 | $213M | $37,427 |
| The Estee Lauder Companies Retirement Growth Account Plan | Estee Lauder, Inc. | 18,663 | $841M | $45,062 |
| WHX Pension Plan II | Handy & Harman Ltd. | 5,605 | $271M | $48,394 |
| Corning Incorporated Pension Plan | Corning Incorporated | 33,086 | $2.84B | $85,902 |
| Revlon Employees' Retirement Plan | Revlon Consumer Products LLC | 4,545 | $236M | $52,011 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Soft Drink and Brewery Workers Union Local 812 Retirement Fund?
7,674 participants at the end of the plan year ending 30 Jun 2025, of whom 1,656 were active employees, with net assets of $973,269,861. Among defined benefit plans that places it in the 5,000 to 24,999 participants band, which held 651 plans in plan year 2024.
What does Board of Trustees Soft Drink and Brewery Workers contribute per participant?
The filing reports $3,234,758 in employer contributions for the year, which is $1,953 per active participant; the median for plans of the same type and size was $9,468 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 $2,944,588 in compensation to service provider organisations, $384 per participant or 0.30% of net assets. The same-size median among plans reporting any Schedule C compensation was $232 per participant. Administrative expenses on Schedule H were $4,214,632. 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 Soft Drink and Brewery Workers. Investment advisory or management: Intercontinental Real Estate Corp., Loomis Sayles Trust Company and Clarkston Capital Partners LLC. Trustee or custodian: Amalgamated Bank. The financial statements were audited by Novak Francella, LLC. 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 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 29 Jan 2026. 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 13-5660090, plan 001, received 29 Jan 2026; 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.