Plan Snapshot
- Plan Sponsor: Board Of Trustees Ufcw Local 2013 Health & Welfare Fund
- Sponsor EIN: 132832806
- Sponsor Address: 9235 4TH AVENUE, BROOKLYN, NY, 11209
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 10,825
- Total Assets: $80.9M
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 | 10,825 | $80.9M | $47.1M | $1.7M |
| 2023 | 9,314 | $74.8M | $37.0M | $1.6M |
| 2022 | 8,030 | $62.0M | $31.1M | $1.8M |
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 |
|---|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE INC | Other Service Provider | $4,415,024 | — | $4,415,024 |
| TRI-STATE ADMINISTRATORS INC | Other Service Provider | $1,193,546 | — | $1,193,546 |
| UNITED HEALTHCARE INSURANCE CO. | Other Service Provider | $314,021 | — | $314,021 |
| EXPRESS SCRIPTS | Other Service Provider | $179,733 | — | $179,733 |
| O'BRIEN BELLAND & BUSHINSKY | ERISA Attorney | $128,272 | — | $128,272 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $111,475 | — | $111,475 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $111,429 | — | $111,429 |
| ROBERT HALF INT'L INC | Other Service Provider | $56,173 | — | $56,173 |
| CHEIRON INC. | Other Service Provider | $36,068 | — | $36,068 |
| BRADY MCGUIRE & STEINBERG PC | Other Service Provider | $20,665 | — | $20,665 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $20,000 | — | $20,000 |
| VISION BENEFITS OF AMERICA INC | Other Service Provider | $11,863 | — | $11,863 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,598,269
- Estimated Expense Ratio: 8.157% 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 | $2,218,906 | $20,000 | $1,134,056 | $104,250 | — |
| 2023 | $2,174,429 | $20,000 | $1,106,269 | $83,000 | — |
| 2022 | $2,037,700 | $20,000 | $991,987 | — | $316,443 |