Plan Snapshot
- Plan Sponsor: Trustees Ufcw Local 1262 Nf Industry Pen
- Sponsor EIN: 226181292
- Sponsor Address: 1389 BROAD STREET, CLIFTON, NJ, 07013
- Plan Type: DB
- Total Participants: 694
- Total Assets: $285,570
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 | 694 | $285,570 | $0 | $0 |
| 2023 | 0 | $322,633 | $0 | $0 |
| 2022 | 0 | $272,993 | $0 | $0 |
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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $14,000 | — | $14,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,000
- Estimated Expense Ratio: 4.902% 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 | $75,184 | — | $31,200 | $14,000 | — |
| 2023 | $106,147 | — | $31,200 | $14,000 | — |
| 2022 | $82,795 | — | $31,200 | — | $38,374 |