New York › Wholesale trade › 500 to 999 participants
Form 5500 statement · plan year 1 Apr 2024 to 31 Mar 2025
Suburban Wholesalers Association Pension Plan
Sponsored by Trustee of Suburban Wholesalers Association Pension Plan, Westbury, 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.
Suburban Wholesalers Association Pension Plan is a defined benefit pension plan sponsored by Trustee of Suburban Wholesalers Association Pension Plan of Westbury, New York. For the plan year ending 31 Mar 2025 it reported 996 participants, 0 of them active, and net assets of $22.2M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $22,314 per participant, well below the $86,583 median for defined benefit plans with 500 to 999 participants and well below the $61,809 median for defined benefit plans in wholesale trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 7 service provider organisations paid $5,000 or more, with reported compensation of $173K: $174 per participant, well below the same-size median of $377. Administrative expenses charged to the plan were $357K. 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 $23.6M in 2009 to $22.2M in 2024 (down 6%), and participants from 1,546 to 996 (down 36%).
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 | $22,314 | $86,583 | $61,809 | $86,221 |
| Employer contributions per active participant | — | $10,758 | $8,409 | $10,244 |
| Schedule C compensation per participant | $174 | $377 | $346 | $344 |
| Schedule C compensation, share of net assets | 0.78% | 0.48% | 0.54% | 0.42% |
| Administrative expenses per participant | $358 | $591 | $540 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 500 to 999 participants (873 plans), wholesale trade (157) 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 | 996 | $22.2M | $22,314 | — | — | $173K |
| 2023 | 1,038 | $23.0M | $22,148 | — | — | $153K |
| 2022 | 1,068 | $22.2M | $20,804 | — | — | $155K |
| 2021 | 1,069 | $26.3M | $24,583 | — | — | $154K |
| 2020 | 1,098 | $25.5M | $23,189 | — | — | $137K |
| 2019 | 1,155 | $19.5M | $16,890 | — | — | $146K |
| 2018 | 1,183 | $22.5M | $19,015 | — | — | $146K |
| 2017 | 1,176 | $23.0M | $19,525 | — | — | $161K |
| 2016 | 1,243 | $22.9M | $18,450 | $8,000 | — | $185K |
| 2015 | 1,255 | $22.5M | $17,939 | $258K | — | $172K |
| 2014 | 1,311 | $23.6M | $18,018 | $262K | — | $177K |
| 2013 | 1,323 | $23.4M | $17,689 | $134K | — | $181K |
| 2012 | 1,338 | $23.4M | $17,483 | $128K | — | $191K |
| 2011 | 1,515 | $22.8M | $15,060 | $122K | — | $187K |
| 2010 | 1,556 | $23.5M | $15,114 | $116K | — | $181K |
| 2009 | 1,546 | $23.6M | $15,298 | $7.0M | — | $138K |
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$22,989,717
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$999,324
- Benefits paid$1,407,727
- Administrative expenses$356,565
- Total expenses$1,764,292
- Net income−$764,968
- Net transfers$0
- Net assets, end of year$22,224,749
Participants
- Active participants0
- Retired or separated, receiving benefits461
- Retired or separated, entitled to future benefits380
- Total participants, end of year996
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| C&R Consulting | Contract Administrator | $60,000 | $0 |
| Calibre CPA Group, PLLC | Accounting (including auditing) | $33,826 | $0 |
| Reynolds Consulting Service | Investment advisory (plan) | $28,922 | $0 |
| First Actuarial Consulting, Inc. | Actuarial | $25,000 | $0 |
| Bank of America | Recordkeeping and information management; Custodial (securities) | $11,321 | $0 |
| Tocqueville Asset Management | Investment management | $9,398 | $0 |
| Amalgamated Bank | Custodial (securities) | $4,353 | $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
- Legal fees$90,374
- Other administrative expenses$69,269
- Contract administrator fees$60,000
- Investment advisory and management fees$42,673
- IQPA audit fees$33,826
- Other trustee fees and expenses$30,000
- Actuarial fees$29,303
- Trustee and custodial fees$1,120
- Total administrative expenses$356,565
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$11.1M · 49.9%
- Other investments$5.4M · 24.3%
- Cash (interest and non-interest bearing)$2.2M · 9.8%
- Partnership/joint venture interests$1.8M · 8.2%
- Corporate stocks$635K · 2.9%
- Pooled separate accounts$609K · 2.7%
- Corporate debt instruments$311K · 1.4%
- Registered investment companies (mutual funds)$100K · 0.4%
- U.S. Government securities$50K · 0.2%
- Receivables$16K · 0.1%
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 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
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 424920.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Pernod Ricard USA, LLC Employees' Retirement Plan | Pernod Ricard USA, LLC | 1,590 | $229M | $144,320 |
| LVMH Affiliates' Retirement Plan, Wines & Spirits | Moet Hennessy USA Inc. | 898 | $131M | $146,277 |
| Teamsters Local 277 Pension | Teamsters Local 277 Pension Board of Trustees | 1,611 | $27.7M | $17,169 |
| Central National Gottesman Pension Plan | Central National Gottesman Inc. | 761 | $128M | $168,816 |
| Oce Employees' Cash Accumulation Plan | Cusa Acquisition LLC | 2,260 | $157M | $69,356 |
| Retirement Plan of Wholesale Wine Salesmen's Pension Fund | Board of Trustees of Retirement Plan of the Wholesale Wine Salesmen Pe | 692 | $47.8M | $69,054 |
Defined benefit plans in wholesale trade closest in size.
Questions and answers
How big is Suburban Wholesalers Association Pension Plan?
996 participants at the end of the plan year ending 31 Mar 2025, of whom 0 were active employees, with net assets of $22,224,749. Among defined benefit plans that places it in the 500 to 999 participants band, which held 873 plans in plan year 2024.
What does Trustee of Suburban Wholesalers Association Pension Plan contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $172,820 in compensation to service provider organisations, $174 per participant or 0.78% of net assets. The same-size median among plans reporting any Schedule C compensation was $377 per participant. Administrative expenses on Schedule H were $356,565. 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 Trustee of Suburban Wholesalers Association Pension Plan. Recordkeeping or administration: C&R Consulting and Bank of America. Investment advisory or management: Reynolds Consulting Service and Tocqueville Asset Management. Trustee or custodian: Bank of America and Amalgamated Bank. 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 Apr 2024 to 31 Mar 2025, received by the Department of Labor on 23 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 22-1972903, plan 001, received 23 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.