Providers › Investment advisory and management
Service provider · Schedule C, plan year 2024
Amalgamated Bank
Most often reported for investment advisory and management
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. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Amalgamated Bank is named as a service provider on the Schedule C of 123 retirement plans with 100 or more participants for plan year 2024, covering 763,890 participant records. Most often it is reported for investment advisory and management.
Reported compensation from those plans, direct and indirect, totalled $6.6M. Per plan, the median was $15.59 per participant, with the middle half of plans between $4.87 and $29.74. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New York (54), New Jersey (26) and California (14).
In 2009 it appeared on 190 such filings; in 2024, 143 (down 25%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $4.87 | $15.59 | $29.74 |
| Compensation as a share of plan net assets | 0.01% | 0.02% | 0.03% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Legacy Plan of the National Retirement Fund | BD of Trustees-Legacy Plan of the National Retirement Fund | NY | 184,550 | $1.83B | $554K |
| Itpeu Pension Fund | Itpeu Pension Fund | NJ | 58,365 | $172M | $24K |
| Southern District Ubc Defined Contribution Fund | Board of Trustees of the Southern District Ubc Defined Contribution F | TN | 51,643 | $1.24B | $109K |
| Annuity Plan of the Electrical Industry | Board of Trustees of the Annuity Plan of the Electrical Industry | NY | 39,697 | $2.28B | $13K |
| Southern California Ibew-Neca Defined Contribution Plan | Board of Trustees, Southern California Ibew-Neca | CA | 29,361 | $1.28B | $34K |
| Automotive Industries Pension Plan | Board of Trustees Automotive Industries Pension Plan | CA | 22,897 | $2.12B | $131K |
| Cwa/itu Negotiated Pension Plan | Board of Trustees Cwa/itu Negotiated Pension Plan | NJ | 21,312 | $1.02B | $332K |
| Retail, Wholesale & Department Store International Union and Industry Pension Fund | Board of Trustees of Retail Wholesale & Dept Store | AL | 20,129 | $619M | $180K |
| The Retirement Plan of the Amalgamated Insurance Fund | Board of Trustees - the Retirement Plan of the Amalgamated Ins. Fund | NY | 18,793 | −$852M | $20K |
| SEIU Affiliates Officers and Employees Pension Plan | BD of Trustees SEIU Affiliates Officers and Employees Pension Plan | DC | 17,491 | $1.64B | $62K |
| Local 338 Retirement Fund | Trustees Local 338 Retirement Fund | NY | 17,068 | $604M | $71K |
| Division 1181 Atu - NY Employees Pension Fund and Plan | Board of Trustees of Division 1181 Atu - NY Employess Pension Fund and | NY | 14,070 | $824M | $67K |
| Local 804 I.B.T. and Local 447 I.A.M. - UPS Multi-Employer Retirement Plan | BD of Trustees Loc. 804 & Loc. 447 Multi-Employer Ret. Plan | GA | 12,427 | $2.34B | $326K |
| Local 153 Pension Fund | Joint Board of Trustees of Local 153 Pension Fund | NY | 10,123 | $129M | $108K |
| Local No. 1 Pension Trust Fund | Trustees of Local 1 Pension Fund | IL | 9,289 | $346M | $10K |
| Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United | Trustees of the Laundry,dry Cleaning Wo Rkers and Allied Industries Re | NY | 9,243 | $193M | $18K |
| Nysa-Ila Pension Trust Fund & Plan | Board of Trustees, Nysa-Ila Pension Trust Fund and Plan | NJ | 8,915 | $1.36B | $196K |
| Machinists' Money Purchase Pension Fund | Machinists' Money Purchase Pension Fund | NJ | 8,246 | $68.3M | $59K |
| Local 804 Annuity Fund | Board of Trustees Local 804 Annuity Fund | NY | 7,685 | $90.6M | $31K |
| Soft Drink and Brewery Workers Union Local 812 Retirement Fund | Board of Trustees Soft Drink and Brewery Workers | NY | 7,674 | $973M | $295K |
| Cement Masons Southern California Pension Trust | Board of Trustees, Cement Masons Southern California | CA | 6,736 | $279M | $72K |
| Western States Insulators and Allied Workers' Pension Plan | Trustees of W. States Insulators & Allied Workers Pension Fund | CA | 5,738 | $491M | $69K |
| United Wire, Metal & Machine Pension Fund | Board of Trustees of U.W.M. & M. Pension Fund | NY | 5,682 | $213M | $23K |
| Sheet Metal Workers Local Union No. 28 Pension Fund | Board of Trustees of SMW Lu No. 28 Pension Fund | NY | 5,570 | $364M | $18K |
| Elevator Division Retirement Benefit Plan | Board of Trustees Elevator Division Retirement Plan | NY | 5,146 | $258M | $5,250 |
| Trucking Employees of North Jersey Pension Fund | Trucking Employees of North Jersey Pension Fund | NJ | 5,000 | $728M | $151K |
| Iron Workers Pension Plan | Iron Workers District Council Phila Vicinity Retirement and Pension | NJ | 4,756 | $439M | $69K |
| Pension Plan for Employees of the Service Employee Int'l Union | Service Employees Intl Union | DC | 4,654 | $371M | $14K |
| The Local 259 Pension Fund | Board of Trustees of the Local 259 Pensi Pension Fund | NJ | 4,481 | $142M | $43K |
| Ironworkers Local 11 Annuity Fund | Ironworkers Local 11 Annuity Fund Board of Trustees | NJ | 4,481 | $373M | $51K |
| The UAW Labor-Management Group Pension Plan | Board of Trustees, the UAW Labor-Management Group | CA | 4,369 | $70.0M | $12K |
| Consolidated Retirement Plan | Board of Trustees Consolidated Retirement Fund | NY | 4,269 | $492M | $777K |
| Hollow Metal Pension Fund | Hollow Metal Pension Fund | NY | 4,204 | $76.8M | $18K |
| I.A.T.S.E. Local 16 Pension Plan | I.A.T.S.E. Local 16 Pension Plan Trustees | CA | 3,877 | $283M | $5,028 |
| Recycling and General Industrial Union Local 108 Annuity Fund | Board of Trustees - Recycling and Gen. Ind. Union L 108 Annuity Fund | NJ | 3,823 | $18.7M | $7,015 |
| United Union of Roofers - Local 8 Annuity Fund | United Union of Roofers Local 8 Annuity Fund | NY | 3,569 | $189M | $41K |
| Local 670 Pension Plan | Local 670 Pension Fund | NY | 3,431 | $83.7M | $142K |
| Ironworkers Local 11 Pension Fund | Ironworkers Local 11 Pension Fund Board of Trustees | NJ | 3,371 | $398M | $34K |
| IBEW Local 595 Pension Plan | Board of Trustees, IBEW Local 595 Pension Plan | CA | 3,345 | $545M | $61K |
| Local 580 Pension Fund | Board of Trustees Local 580 Pension Fund | NY | 3,282 | $927M | $86K |
Questions and answers
How many plans does Amalgamated Bank serve?
123 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Amalgamated Bank?
The median plan reported $15.59 per participant in direct and indirect compensation (123 plans reporting an amount), or 0.02% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Custodial (securities) (97 plans), Investment management (32 plans), Custodial (other than securities) (6 plans) and Other services (4 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.