Plan Snapshot
- Plan Sponsor: Ufcw Local 360 Scholarship Fund
- Sponsor EIN: 223664900
- Sponsor Address: 400 COMMERCE LANE ROUTE 73, WEST BERLIN, NJ, 080919253
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 10,187
- Total Assets: $18,212
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 | 10,187 | $18,212 | $0 | $0 |
| 2024 | 9,854 | $31,457 | $0 | $0 |
| 2023 | 9,706 | $29,833 | $0 | $0 |
| 2022 | 10,309 | $30,787 | $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 |
|---|---|---|---|---|
| BARATZ & ASSOCIATES, PA | Auditor | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,000
- Estimated Expense Ratio: 27.454% 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 | $57,536 | — | — | $5,000 | — |
| 2024 | $31,229 | — | — | $4,500 | — |
| 2023 | $34,124 | — | — | — | — |
| 2022 | $29,395 | — | — | — | $3,894 |