Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) Plan Facts

Plan name
UFCW LOCAL 342 SAVINGS AND 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
BOARD OF TRUSTEES UFCW LOCAL 342 SAVINGS AND 401(K)
Participants
10,349 (9,446 active employees)
Former employees with a balance
2,519
Plan assets
$125,049,258 at Dec 31, 2024
Average account balance
$10,385 across 12,041 accounts
Employer contributions
$7,537,491 in plan year 2024 (78% of all contributions)
Recordkeeper
Ufcw Local 342 Welfare Fund
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2003
— Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.62 million went into the plan in contributions, $7.54 million of it from the employer (78%).
  • $7.60 million was paid out to participants.
  • Investment and other income added $13.3 million.
  • Administrative expenses were $1.26 million, about $105 per account.

How the Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20199,098$81.2 million$8.29 million$3.91 million
20209,350$92.5 million$5.82 million$7.15 million
20219,760$109.6 million$10.0 million$6.37 million
20229,923$93.2 million$6.68 million$6.32 million
202310,012$110.8 million$7.59 million$5.34 million
202410,349$125.0 million$7.54 million$7.60 million

Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) Contact Information

Phone
516-747-5980
Mailing address
1461 LAKELAND AVE. SUITE 1, BOHEMIA NY 117162174
Plan sponsor
BOARD OF TRUSTEES UFCW LOCAL 342 SAVINGS AND 401(K)
Employer identification number (EIN)
56-2364474
Plan number
001

Questions about the Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k)

Does Board Of Trustees Ufcw Local 342 Savings And 401(k) contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $7.54 million in employer contributions for plan year 2024.

Does the Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) plan?

10,349 participants at the start of plan year 2024, 9,446 of them active employees, and 2,519 former employees who still had money in the plan.

What is the average 401(k) balance at Board Of Trustees Ufcw Local 342 Savings And 401(k)?

About $10,385 per account: $125.0 million in plan assets across 12,041 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees Ufcw Local 342 Savings And 401(k) 401(k) accounts?

UFCW LOCAL 342 WELFARE FUND is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Board Of Trustees Ufcw Local 342 Savings And 401(k). How do I access my 401(k)?

Your account stays with UFCW LOCAL 342 WELFARE FUND after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 27 ROLAND AVE, SUITE 100, MOUNT LAUREL, NJ, 080541056
Headquarter: 2121 K STREET N.W. SUITE 350, WASHINGTON, DC, 200371879
Headquarter: 1680 CAPITAL ONE DRIVE, MCLEAN, VA, 221023491
Headquarter: 1014 VINE ST, CINCINNATI, OH, 45202
Headquarter: 1750 PRESIDENTS STREET, RESTON, VA, 20190