Who uses Amalgamated Bank?

214 retirement plans list Amalgamated Bank as a service provider on Schedule C of Form 5500. The largest clients by plan assets include Trustees of the National Electrical Benefit Fund, Joint Board of Trustees, Bakery & Confectionery Union & Industry, Board of Trustees of Mid-America Carpenters Regional Council Pension F, Trustees of the Midwest Operating Engineers Pension Trust Fund and BD of Tr of the Pension, Hosp & Benefit PL of the Elec Ind-Pension. Most client plans are sponsored in NY, IL and NJ.

How many plans does Amalgamated Bank serve?

Amalgamated Bank serves 214 retirement plans with $135.1B in plan assets and 2,668,097 participants, based on the latest Form 5500 filings through 2024.

What does Amalgamated Bank charge?

Plans reported $12.8M in total Schedule C compensation paid to Amalgamated Bank. The median plan paid $23K. Fees vary with plan size and the services each plan buys.

Filings through Oct 24, 2026.

Amalgamated Bank

Matched across 24 name variants in the filings

Amalgamated Bank summary

Amalgamated Bank appears on 214 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $135.1B in assets for 2,668,097 participants. The median client plan holds $189M. Most client plans are sponsored in NY, IL and NJ. The largest clients by plan assets are Trustees of the National Electrical Benefit Fund, Joint Board of Trustees, Bakery & Confectionery Union & Industry and Board of Trustees of Mid-America Carpenters Regional Council Pension F. Plans reported $12.8M in direct and indirect compensation paid to Amalgamated Bank. The median is $23K per plan.

Participants: 2,668,097
Median plan assets: $189M
Median plan participants: 2,207
Median fees per plan: $23K; Schedule C direct + indirect

Top 25 client plans by assets

Latest Form 5500 filing per plan through 2024

Sponsor	State	Assets	Participants
Trustees of the National Electrical Benefit Fund	MD	$22.5B	736,031
Joint Board of Trustees, Bakery & Confectionery Union & Industry	MD	$6.5B	98,364
Board of Trustees of Mid-America Carpenters Regional Council Pension F	IL	$6.4B	37,623
Trustees of the Midwest Operating Engineers Pension Trust Fund	IL	$6.0B	31,707
BD of Tr of the Pension, Hosp & Benefit PL of the Elec Ind-Pension	NY	$5.3B	40,749
Board of Trustees of the Building Service 32BJ Pension Fund	NY	$4.6B	121,234
Trustees of Pipe Fitters Retirement Fund Local 597	IL	$3.3B	15,220
Trustees of Pipe Fitters Association Local 597	IL	$2.9B	11,618
BD of Trustees Loc. 804 & Loc. 447 Multi-Employer Ret. Plan	GA	$2.7B	12,399
Board of Trustees of the Annuity Plan of the Electrical Industry	NY	$2.3B	39,697
Board of Trustees Automotive Industries Pension Plan	CA	$2.2B	22,623
Bricklayers & Trowel Trades Intl Pension FD BD of Trustee	DC	$2.1B	77,108
BD of Trustees-Legacy Plan of the National Retirement Fund	NY	$2.0B	176,183
Trustees of UFCW Unions & Employers Midwest Pension Fund	IL	$2.0B	33,323
Board of Trustees of the S.E.I.U. National Industry Pension Fund	DC	$1.9B	172,811
BD of Trustees SEIU Affiliates Officers and Employees Pension Plan	DC	$1.9B	17,865
Trustees of the Plumbers Pension Fund, Local 130, U.A.	IL	$1.7B	9,502
Board of Trustees of the Liuna National (Industrial) Pension Fund	DC	$1.7B	63,303
Board of Trustees, Southern California IBEW-Neca	CA	$1.6B	18,310
Board of Trustees - Legacy Plan of the Unite Here Retirement Fund	NY	$1.6B	85,975
Board of Trustees, Nysa-Ila Pension Trust Fund and Plan	NJ	$1.5B	8,635
Board of Trustees of the Southern District Ubc Defined Contribution Fu	TN	$1.4B	42,841
BD of Tees Heating, Piping & Refrigeration Pension Fund	MD	$1.4B	8,132
Board of Trustees, Southern California IBEW-Neca	CA	$1.3B	29,361
United Brotherhood of Carpenters Pension Fund	NV	$1.2B	4,648

Trustees of the National Electrical Benefit Fund$22.5B
MDParticipants 736,031
Joint Board of Trustees, Bakery & Confectionery Union & Industry$6.5B
MDParticipants 98,364
Board of Trustees of Mid-America Carpenters Regional Council Pension F$6.4B
ILParticipants 37,623
Trustees of the Midwest Operating Engineers Pension Trust Fund$6.0B
ILParticipants 31,707
BD of Tr of the Pension, Hosp & Benefit PL of the Elec Ind-Pension$5.3B
NYParticipants 40,749
Board of Trustees of the Building Service 32BJ Pension Fund$4.6B
NYParticipants 121,234
Trustees of Pipe Fitters Retirement Fund Local 597$3.3B
ILParticipants 15,220
Trustees of Pipe Fitters Association Local 597$2.9B
ILParticipants 11,618
BD of Trustees Loc. 804 & Loc. 447 Multi-Employer Ret. Plan$2.7B
GAParticipants 12,399
Board of Trustees of the Annuity Plan of the Electrical Industry$2.3B
NYParticipants 39,697
Board of Trustees Automotive Industries Pension Plan$2.2B
CAParticipants 22,623
Bricklayers & Trowel Trades Intl Pension FD BD of Trustee$2.1B
DCParticipants 77,108
BD of Trustees-Legacy Plan of the National Retirement Fund$2.0B
NYParticipants 176,183
Trustees of UFCW Unions & Employers Midwest Pension Fund$2.0B
ILParticipants 33,323
Board of Trustees of the S.E.I.U. National Industry Pension Fund$1.9B
DCParticipants 172,811
BD of Trustees SEIU Affiliates Officers and Employees Pension Plan$1.9B
DCParticipants 17,865
Trustees of the Plumbers Pension Fund, Local 130, U.A.$1.7B
ILParticipants 9,502
Board of Trustees of the Liuna National (Industrial) Pension Fund$1.7B
DCParticipants 63,303
Board of Trustees, Southern California IBEW-Neca$1.6B
CAParticipants 18,310
Board of Trustees - Legacy Plan of the Unite Here Retirement Fund$1.6B
NYParticipants 85,975
Board of Trustees, Nysa-Ila Pension Trust Fund and Plan$1.5B
NJParticipants 8,635
Board of Trustees of the Southern District Ubc Defined Contribution Fu$1.4B
TNParticipants 42,841
BD of Tees Heating, Piping & Refrigeration Pension Fund$1.4B
MDParticipants 8,132
Board of Trustees, Southern California IBEW-Neca$1.3B
CAParticipants 29,361
United Brotherhood of Carpenters Pension Fund$1.2B
NVParticipants 4,648

Top client states

NY71 plans
IL41 plans
NJ28 plans
CA16 plans
MD9 plans

Frequently asked questions

Who uses Amalgamated Bank?: 214 retirement plans list Amalgamated Bank as a service provider on Schedule C of Form 5500. The largest clients by plan assets include Trustees of the National Electrical Benefit Fund, Joint Board of Trustees, Bakery & Confectionery Union & Industry, Board of Trustees of Mid-America Carpenters Regional Council Pension F, Trustees of the Midwest Operating Engineers Pension Trust Fund and BD of Tr of the Pension, Hosp & Benefit PL of the Elec Ind-Pension. Most client plans are sponsored in NY, IL and NJ.
How many plans does Amalgamated Bank serve?: Amalgamated Bank serves 214 retirement plans with $135.1B in plan assets and 2,668,097 participants, based on the latest Form 5500 filings through 2024.
What does Amalgamated Bank charge?: Plans reported $12.8M in total Schedule C compensation paid to Amalgamated Bank. The median plan paid $23K. Fees vary with plan size and the services each plan buys.

Analytics

Market position · 2024

Plans served214+8 YoYRank #105 of mapped providers

Assets under administration$135.1B0.1%Rank #94 by share of filed assets

Fees received$13MMedian $23,165/planSum across Schedule C direct + indirect

Net wins YoY+824 won - 16 lostPlan-level switch detection

Plans served · 5-year trajectory

Plan count by year, with the share of all plans.

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Customer-base shape

Participant bands, asset bands, top states and top industries.

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