New York › Other services › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1D Pension Fund
Sponsored by BD of Trustees Retirement Plan of WLDW Union Local 1D, 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.
BD of Trustees Retirement Plan of WLDW Union Local 1D of Brooklyn, New York sponsors Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1D Pension Fund, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 2,467 participants (737 active) and $103M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $41,749 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well below the $110,377 median for defined benefit plans in other services. 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 $6.1M for the year ($8,289 per active participant) and benefits paid were $7.2M. 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 5 service provider organisations paid $5,000 or more, with reported compensation of $246K: $99.64 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $532K. 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 $78.8M in 2009 to $103M in 2024 (up 31%), and participants from 2,837 to 2,467 (down 13%).
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 | $41,749 | $87,935 | $110,377 | $86,221 |
| Employer contributions per active participant | $8,289 | $10,593 | $13,001 | $10,244 |
| Schedule C compensation per participant | $99.64 | $325 | $486 | $344 |
| Schedule C compensation, share of net assets | 0.24% | 0.41% | 0.44% | 0.42% |
| Administrative expenses per participant | $216 | $513 | $662 | $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), other services (226) 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 | 2,467 | $103M | $41,749 | $6.1M | — | $246K |
| 2023 | 2,493 | $94.3M | $37,813 | $5.7M | — | $251K |
| 2022 | 2,457 | $89.8M | $36,532 | $5.3M | — | $243K |
| 2021 | 2,463 | $99.5M | $40,395 | $5.2M | — | $266K |
| 2020 | 2,518 | $89.5M | $35,536 | $4.8M | — | $239K |
| 2019 | 2,650 | $85.6M | $32,309 | $4.5M | — | $215K |
| 2018 | 2,699 | $77.8M | $28,838 | $4.3M | — | $276K |
| 2017 | 2,718 | $84.3M | $31,013 | $4.0M | — | $316K |
| 2016 | 2,762 | $77.8M | $28,182 | $3.9M | — | $289K |
| 2015 | 2,874 | $76.8M | $26,724 | $4.1M | — | $480K |
| 2014 | 2,891 | $80.9M | $28,000 | $3.6M | — | $500K |
| 2013 | 2,834 | $80.4M | $28,386 | $3.6M | — | $485K |
| 2012 | 2,835 | $77.9M | $27,471 | $3.2M | — | $500K |
| 2011 | 2,795 | $77.2M | $27,630 | $3.2M | — | $495K |
| 2010 | 2,830 | $79.9M | $28,242 | $3.2M | — | $162K |
| 2009 | 2,837 | $78.8M | $27,771 | $3.0M | — | $275K |
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$94,268,084
- Employer contributions$6,108,886
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$6,108,886
- Total income, including investment results$16,432,898
- Benefits paid$7,175,106
- Administrative expenses$531,707
- Total expenses$7,706,813
- Net income$8,726,085
- Net transfers$0
- Net assets, end of year$102,994,169
Participants
- Active participants737
- Retired or separated, receiving benefits742
- Retired or separated, entitled to future benefits748
- Total participants, end of year2,467
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Segal Marco Advisors | Investment advisory (plan) | $84,949 | $0 |
| Milliman, Inc. | Actuarial | $65,163 | $0 |
| Weaver & Tidwell, LLP | Accounting (including auditing) | $45,400 | $0 |
| Zazzali, P.C. | Legal | $37,209 | $0 |
| Northern Trust | Investment management | $13,103 | $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$285,748
- Investment advisory and management fees$98,052
- Actuarial fees$65,163
- Legal fees$37,209
- IQPA audit fees$37,000
- Recordkeeping fees$8,535
- Total administrative expenses$531,707
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$40.2M · 39.0%
- Partnership/joint venture interests$28.6M · 27.7%
- Registered investment companies (mutual funds)$11.8M · 11.4%
- Receivables$11.4M · 11.0%
- Insurance company general account$4.4M · 4.3%
- U.S. Government securities$4.2M · 4.1%
- Cash (interest and non-interest bearing)$1.6M · 1.6%
- Corporate debt instruments$818K · 0.8%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmWeaver & Tidwell, LLP
- 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 813930: Labor Unions and Similar Labor Organizations.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Consolidated Retirement Plan | Board of Trustees Consolidated Retirement Fund | 4,269 | $492M | $115,218 |
| United Union of Roofers - Local 8 Pension Fund | United Union of Roofers - Local 8 Pension Fund - Board of Trustees | 1,849 | $118M | $63,839 |
| National Girl Scout Council Retirement Plan | Girl Scouts of the USA | 6,669 | $430M | $64,467 |
| Retirement Plan of the Unite Here International | BD of Trustees-Retirement Plan of the Unite Here Int'l and Locals | 1,757 | $162M | $92,414 |
| Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United | Trustees of the Laundry,dry Cleaning Wo Rkers and Allied Industries Re | 9,243 | $193M | $20,875 |
| Local 917 Pension Fund | Board of Trustees Local 917 Pension Fund | 1,334 | $27.8M | $20,811 |
Defined benefit plans in other services closest in size.
Questions and answers
How big is Retirement Plan of the Wine, Liquor & Distillery Workers Union Local 1D Pension Fund?
2,467 participants at the end of the plan year ending 31 Dec 2024, of whom 737 were active employees, with net assets of $102,994,169. 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 BD of Trustees Retirement Plan of WLDW Union Local 1D contribute per participant?
The filing reports $6,108,886 in employer contributions for the year, which is $8,289 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 $245,824 in compensation to service provider organisations, $99.64 per participant or 0.24% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $531,707. 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 BD of Trustees Retirement Plan of WLDW Union Local 1D. Investment advisory or management: Segal Marco Advisors and Northern Trust. The financial statements were audited by Weaver & Tidwell, 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 15 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 51-0164380, plan 001, received 15 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.