Plan Snapshot
- Plan Sponsor: Board Of Trustees Ufcw Local 888 And
- Sponsor EIN: 386994031
- Sponsor Address: 475 MARKET STREET, SUITE 307, ELMWOOD PARK, NJ, 074073100
- Plan Type: 401(k)
- Total Participants: 443
- Total Assets: $20.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 443 | $20.6M | $981,823 | $474,349 |
| 2023 | 464 | $19.5M | $1.1M | $505,096 |
| 2022 | 558 | $17.1M | $1.1M | $500,431 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | $22,800 | — | $22,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,800
- Estimated Expense Ratio: 0.111% 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 | $230,238 | — | $120,732 | $22,800 | — |
| 2023 | $216,477 | — | $109,055 | $22,400 | — |
| 2022 | $235,756 | — | $134,424 | — | $50,361 |