Based on U.S. Department of Labor Form 5500 filings (plan years 2022–2024), 2 U.S. retirement plans report holding Bank Deposit Allocation Monies on deposit at each bank are eligible for FDIC insurance of up to $250,000 per depositor, per bank in accordance with FDIC rules. In those instances where deposit balances in their Schedule of Assets, totaling $500K in parsed positions. Matched on the normalized security name across each plan’s latest filing and ranked by position size.
| # | Sponsor / Plan | Location | Participants | Plan assets (EOY) | Position |
|---|---|---|---|---|---|
| 1 | BOARD OF TRUSTEES OF LOCAL 272 LABOR MANAGEMENT PENSION FUND LOCAL 272 LABOR MANAGEMENT PENSION FUND | NEW YORK NY | 4,468 | $499.5M | $250K |
| 2 | LOCAL 272 WELFARE FUND LOCAL 272 WELFARE FUND | NEW YORK NY | 6,834 | $50.3M | $250K |