Plan Snapshot
- Plan Sponsor: Ufcw Local 1500 Legal Services Trust Fund
- Sponsor EIN: 112531776
- Sponsor Address: 425 MERRICK AVE, WESTBURY, NY, 11590
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 13,222
- Total Assets: $359,079
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 | 13,222 | $359,079 | $353,761 | $0 |
| 2023 | 13,204 | $381,008 | $342,663 | $0 |
| 2022 | 13,607 | $391,467 | $342,720 | $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 |
|---|---|---|---|---|
| UFCW LOCAL 1500 | Other Service Provider | $133,491 | — | $133,491 |
| NICOLE NORRIS, ESQ | ERISA Attorney | $83,700 | — | $83,700 |
| ARIA EMPLOYEE BENEFIT SERVICE | Other Service Provider | $49,200 | — | $49,200 |
| UFCW LOCAL 1500 BUILDING, INC. | Other Service Provider | $25,700 | — | $25,700 |
| THE SEGAL COMPANY | Other Service Provider | $9,223 | — | $9,223 |
| CITRIN COOPERMAN & COMPANY LLP | Other Service Provider | $7,087 | — | $7,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $308,401
- Estimated Expense Ratio: 85.887% 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 | $236,521 | — | $48,000 | $7,874 | — |
| 2023 | $228,161 | — | $45,000 | $7,150 | — |
| 2022 | $216,110 | — | $45,000 | — | $25,496 |