Plan Snapshot
- Plan Sponsor: Ufcw Local 50 Pension Fund Board Of Trustees
- Sponsor EIN: 136696824
- Sponsor Address: P.O. BOX 1028, WEST TRENTON, NJ, 08628
- Plan Type: DB
- Plan Number: 001
- Total Participants: 658
- Total Assets: $598,960
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 | 658 | $598,960 | $0 | $0 |
| 2024 | 0 | $973,982 | $0 | $0 |
| 2023 | 0 | $985,898 | $0 | $0 |
| 2022 | 0 | $930,207 | $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 |
|---|---|---|---|---|
| IE SHAFFER & CO | Other Service Provider | $57,795 | — | $57,795 |
| LARRY MAGARIK | Custodian / Trustee | $25,040 | — | $25,040 |
| COHEN, WEISS, & SIMON LLP | Other Service Provider | $21,267 | — | $21,267 |
| NOVAK FRANCELLA LLC | Other Service Provider | $15,600 | — | $15,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,702
- Estimated Expense Ratio: 19.985% 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 | $3,261,827 | — | $57,795 | $15,600 | — |
| 2024 | $111,249 | — | $58,240 | $14,300 | — |
| 2023 | $111,525 | — | $56,747 | $13,000 | — |
| 2022 | $117,767 | — | $56,000 | — | $35,033 |