Plan Snapshot
- Plan Sponsor: Ufcw Local 1625 And Employers Health & Welfare Fund
- Sponsor EIN: 756232408
- Sponsor Address: 2010 N.W. 150TH AVENUE, SUITE 200, PEMBROKE PINES, FL, 33028
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 616
- Total Assets: $7.1M
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 | 616 | $7.1M | $7.5M | $16,399 |
| 2023 | 651 | $6.1M | $7.5M | $2,918 |
| 2022 | 763 | $5.4M | $8.6M | $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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INS CO | Other Service Provider | $386,641 | — | $386,641 |
| NEBA, INC. | Other Service Provider | $185,535 | — | $185,535 |
| LEGACY PROFESSIONALS LLP | Auditor | $48,020 | — | $48,020 |
| PHILLIPS, RICHARD, AND RIND PA | Other Service Provider | $24,465 | — | $24,465 |
| BHA CONSULTING LLC | Other Service Provider | $23,226 | — | $23,226 |
| TOP DRAWER, INC. | Other Service Provider | $14,393 | — | $14,393 |
| GAMCO ASSET MANAGEMENT INC. | Other Service Provider | $13,144 | — | $13,144 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $695,424
- Estimated Expense Ratio: 9.832% 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 | $374,866 | $13,144 | $179,806 | $25,000 | — |
| 2023 | $365,042 | — | $181,559 | $25,000 | — |
| 2022 | $347,243 | — | $220,941 | — | $61,406 |