Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ufcw - Hawaii Food Employers Health
- Sponsor EIN: 010757287
- Sponsor Address: 1055 PARK VIEW DR STE 111, COVINA, CA, 91724
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 199
- Total Assets: $3.6M
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 | 199 | $3.6M | $2.2M | $209,035 |
| 2023 | 201 | $2.7M | $2.1M | $0 |
| 2022 | 208 | $2.1M | $1.8M | $187,373 |
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 |
|---|---|---|---|---|
| HAWAII BENEFIT ADMINISTRATORS, INC. | Other Service Provider | $40,167 | — | $40,167 |
| RAEL & LETSON | Other Service Provider | $16,199 | — | $16,199 |
| MILLER KAPLAN ARASE LLP | Auditor | $16,000 | — | $16,000 |
| HMA, INC. | Other Service Provider | $11,046 | — | $11,046 |
| MCCRAKEN, STEMERMAN & HOLSBERRY | Other Service Provider | $7,335 | — | $7,335 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,747
- Estimated Expense Ratio: 2.487% 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 | $103,293 | $606 | $51,390 | $16,000 | — |
| 2023 | $110,925 | $573 | $38,815 | $16,000 | — |
| 2022 | $129,870 | $566 | $47,963 | — | $66,323 |