Plan Snapshot
- Plan Sponsor: Trustees Ufcw Union Local 1189 And St. Paul Food Employers Health Care
- Sponsor EIN: 416051513
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,763
- Total Assets: $19.2M
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 | 1,763 | $19.2M | $22.9M | $551,102 |
| 2023 | 1,797 | $15.7M | $22.6M | $665,134 |
| 2022 | 1,808 | $10.8M | $20.6M | $709,065 |
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 |
|---|---|---|---|---|
| WILSON-MCSHANE CORPORATION | Other Service Provider | $596,929 | — | $596,929 |
| UMR, INC. | Other Service Provider | $516,697 | $9,521 | $526,218 |
| T.E.A.M., LLC | Other Service Provider | $73,469 | — | $73,469 |
| SHUMAKER, LOOP & KENDRICK | Other Service Provider | $58,097 | — | $58,097 |
| DDMN ASO LLC | Other Service Provider | $54,008 | — | $54,008 |
| BENEVELLE CONSULTING CORPORATION | Other Service Provider | $49,250 | — | $49,250 |
| LEGACY PROFESSIONALS LLP | Auditor | $23,690 | — | $23,690 |
| KUTAK ROCK, LLP | Other Service Provider | $22,973 | — | $22,973 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $21,677 | — | $21,677 |
| BROWN AND BROWN | Other Service Provider | $16,620 | — | $16,620 |
| HILB GROUP | Other Service Provider | $9,900 | — | $9,900 |
| FIDUCIENT ADVISORS | Recordkeeper | $6,600 | — | $6,600 |
| US BANK | Recordkeeper | $6,250 | — | $6,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- FIDUCIENT ADVISORS — Recordkeeper
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,465,681
- Estimated Expense Ratio: 7.614% 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 | $393,100 | $28,277 | $169,000 | $23,690 | — |
| 2023 | $311,716 | $13,541 | $162,000 | $22,675 | — |
| 2022 | $331,286 | $24,060 | $155,800 | — | $114,005 |