Plan Snapshot
- Plan Sponsor: Trustees Of Ufcw Local 1546 Food Handlers Welfare Fund
- Sponsor EIN: 362365968
- Sponsor Address: 2625 BUTTERFIELD ROAD, OAKBROOK, IL, 60523
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,802
- Total Assets: $44.4M
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. |
|---|---|---|---|---|
| 2025 | 1,802 | $44.4M | $0 | $0 |
| 2024 | 1,901 | $39.6M | $28.7M | $32,769 |
| 2023 | 1,949 | $43.7M | $29.3M | $40,067 |
| 2022 | 1,861 | $35.1M | $26.8M | $31,227 |
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 |
|---|---|---|---|---|
| OPTUMRX | Other Service Provider | $6,191,591 | $10,703 | $6,202,294 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $805,635 | — | $805,635 |
| BLUECROSS BLUESHIELD OF IL | Other Service Provider | $778,399 | — | $778,399 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $122,442 | — | $122,442 |
| VALENZ | Other Service Provider | $65,021 | — | $65,021 |
| TFBC, LLC | Other Service Provider | $54,000 | — | $54,000 |
| LANER MUCHIN | Other Service Provider | $47,075 | — | $47,075 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $41,903 | — | $41,903 |
| LEGACY PROFESSIONALS LLP | Other Service Provider | $39,000 | — | $39,000 |
| ASHER, GITTLER, & D'ALBA | Other Service Provider | $38,237 | — | $38,237 |
| GREEN LIGHT | Other Service Provider | $26,607 | — | $26,607 |
| VISION SERVICE PLAN OF IL | Other Service Provider | $25,540 | — | $25,540 |
| IRON MOUNTAIN | Other Service Provider | $13,154 | — | $13,154 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,259,307
- Estimated Expense Ratio: 18.620% 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 |
|---|---|---|---|---|---|
| 2025 | $28,218,728 | $155,083 | $615,453 | $39,000 | — |
| 2024 | $1,231,890 | $159,071 | $627,076 | $39,000 | — |
| 2023 | $1,130,226 | $154,486 | $571,600 | $38,000 | — |
| 2022 | $1,128,933 | $136,109 | $612,965 | — | $187,111 |