Plan Snapshot
- Plan Sponsor: Board Of Trustees Walgreen Co. & Local 648 Welfare Trust Fund
- Sponsor EIN: 943087852
- Sponsor Address: 1000 BURNETT AVE. 110, CONCORD, CA, 94520
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 388
- Total Assets: $2.0M
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 | 388 | $2.0M | $7.6M | $2.0M |
| 2023 | 408 | $2.2M | $7.3M | $2.0M |
| 2022 | 456 | $2.0M | $7.7M | $2.1M |
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 |
|---|---|---|---|---|
| THE SEGAL COMPANY | Recordkeeper | $57,793 | — | $57,793 |
| UFCW GROUP ADMINISTRATION LLC | Recordkeeper | $27,000 | — | $27,000 |
| EIDE BAILLY LLP | Auditor | $15,900 | — | $15,900 |
| OPTUM RX | Other Service Provider | $14,786 | — | $14,786 |
| SALTZMAN AND JOHNSON | Other Service Provider | $11,400 | — | $11,400 |
| VISION SERVICE PLAN | Other Service Provider | $11,141 | — | $11,141 |
| DELTA DENTAL | Other Service Provider | $8,971 | — | $8,971 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- UFCW GROUP ADMINISTRATION LLC — Recordkeeper
- EIDE BAILLY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,991
- Estimated Expense Ratio: 7.297% 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 | $172,217 | — | $27,000 | $15,900 | — |
| 2023 | $174,858 | — | $25,110 | $21,000 | — |
| 2022 | $157,258 | — | $23,760 | — | $109,208 |