Plan Snapshot
- Plan Sponsor: Dairy Union Employees Benefit Fund Trustees
- Sponsor EIN: 341258908
- Sponsor Address: 5505 VALLEY BELT DR, INDEPENDENCE, OH, 44131
- Plan Type: DC
- Total Participants: 25
- Total Assets: $1.8M
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 | 25 | $1.8M | $41,300 | $31,000 |
| 2023 | 25 | $1.8M | $39,800 | $30,000 |
| 2022 | 29 | $1.7M | $35,555 | $27,565 |
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 |
|---|---|---|---|---|
| CIUNI & PANICHI, INC. | Auditor | $21,136 | — | $21,136 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,136
- Estimated Expense Ratio: 1.190% 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 | $94,978 | — | $29,195 | $21,136 | — |
| 2023 | $72,237 | — | $27,939 | $26,334 | — |
| 2022 | $63,445 | — | $17,653 | — | $27,058 |