Plan Snapshot
- Plan Sponsor: Board Of Trustees, Desert States Employers & Ufcw
- Sponsor EIN: 846277982
- Sponsor Address: 2550 W UNION HILLS DR STE 290, PHOENIX, AZ, 85027
- Plan Type: DB
- Total Participants: 24,360
- Total Assets: $1.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 24,360 | $1.0B | $30.8M | $0 |
| 2023 | 24,099 | $1.0B | $32.7M | $0 |
| 2022 | 19,139 | $960.3M | $31.1M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SOUTHWEST SERVICE ADMINISTRATORS | Other Service Provider | $911,802 | — | $911,802 |
| NEW ENGLAND PENSION CONSULTANTS | Other Service Provider | $646,212 | — | $646,212 |
| THE NORTHERN TRUST BANK | Other Service Provider | $459,548 | — | $459,548 |
| BNY MELLON | Other Service Provider | $348,495 | — | $348,495 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $267,486 | — | $267,486 |
| THE SEGAL COMPANY | Recordkeeper | $216,833 | — | $216,833 |
| MILLER KAPLAN ARASE LLP | Auditor | $212,580 | — | $212,580 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $203,011 | — | $203,011 |
| WEDGE CAPITAL MANAGEMENT | Other Service Provider | $189,359 | — | $189,359 |
| JP MORGAN ASSET MANAGEMENT | Recordkeeper | $172,400 | — | $172,400 |
| LSV | Other Service Provider | $142,439 | — | $142,439 |
| FOUNDRY MICROCAP | Other Service Provider | $128,500 | — | $128,500 |
| LETTERSTREAM | Other Service Provider | $116,937 | — | $116,937 |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | Other Service Provider | $100,273 | — | $100,273 |
| PRUDENTIAL INSURANCE CO | Recordkeeper | $87,793 | — | $87,793 |
| LORD ABBETT & CO. LLC | Other Service Provider | $84,835 | — | $84,835 |
| NATIONAL INVT SVCS OF AMERICA LLC | Other Service Provider | $78,460 | — | $78,460 |
| REINHART BOERNER VAN DUREN S.C. | Other Service Provider | $73,251 | — | $73,251 |
| CAPITAL TRUST FINANCIAL ADVISORS | Other Service Provider | $70,000 | — | $70,000 |
| ULLICO SEPARATE ACCOUNT J | Recordkeeper | $60,238 | — | $60,238 |
| MCCRACKEN STEMERMAN & HOLSBERRY, LL | Other Service Provider | $23,725 | — | $23,725 |
| FRSECURE | Other Service Provider | $8,125 | — | $8,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- JP MORGAN ASSET MANAGEMENT — Recordkeeper
- PRUDENTIAL INSURANCE CO — Recordkeeper
- ULLICO SEPARATE ACCOUNT J — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,602,302
- Estimated Expense Ratio: 0.443% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,992,325 | $2,376,651 | $911,802 | $125,000 | — |
| 2023 | $6,190,906 | $2,134,273 | $790,879 | $125,000 | — |
| 2022 | $6,682,675 | $2,546,972 | $855,233 | — | $931,695 |