Plan Snapshot
- Plan Sponsor: Board Of Trustees Ufcw Local 1500 Annuity Fund
- Sponsor EIN: 475675902
- Sponsor Address: 425 MERRICK AVENUE, WESTBURY, NY, 115906601
- Plan Type: DC
- Total Participants: 6,861
- Total Assets: $47.1M
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 | 6,861 | $47.1M | $9.9M | $0 |
| 2023 | 6,996 | $36.8M | $10.2M | $0 |
| 2022 | 6,904 | $25.2M | $9.8M | $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 |
|---|---|---|---|---|
| UFCW LOCAL 1500 | Other Service Provider | $560,889 | — | $560,889 |
| ARIA EMPLOYEE BENEFIT SERVICES | Other Service Provider | $234,109 | — | $234,109 |
| UBS FINANCIAL SERVICES | Recordkeeper | $155,433 | — | $155,433 |
| UFCW LOCAL 1500 BUILDING, INC | Other Service Provider | $53,200 | — | $53,200 |
| CITRIN COOPERMAN & COMPANY LLP | Other Service Provider | $16,344 | — | $16,344 |
| SEGAL COMPANY | Other Service Provider | $11,000 | — | $11,000 |
| COLLERAN, O'HARA & MILLS LLP | Other Service Provider | $5,882 | — | $5,882 |
| AJV LLC | Other Service Provider | $5,708 | — | $5,708 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,042,565
- Estimated Expense Ratio: 2.216% 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 | $1,055,441 | $155,433 | $234,109 | $18,159 | — |
| 2023 | $963,172 | $108,581 | $210,230 | $16,500 | — |
| 2022 | $601,096 | $71,868 | $195,147 | — | $32,147 |