Plan Snapshot
- Plan Sponsor: Ufcw Members, Local Unions, And Mu
- Sponsor EIN: 380513037
- Sponsor Address: 26495 AMERICAN DRIVE, SOUTHFIELD, MI, 48034
- Plan Type: DC
- Total Participants: 2,369
- Total Assets: $30.2M
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 | 2,369 | $30.2M | $536,801 | $3.3M |
| 2023 | 1,498 | $26.7M | $296,555 | $2.5M |
| 2022 | 1,473 | $23.0M | $284,436 | $2.1M |
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 |
|---|---|---|---|---|
| SENTINEL BENEFIT GROUP | RECORDKEEPER | $165,810 | — | $165,810 |
| CYGNET FINANCIAL PLANNING, INC. | INVESTMENT ADVISOR | $50,898 | — | $50,898 |
| CORPORATE PLAN ADMINISTRATORS, INC. | THIRD PARTY ADMINISTRATOR | $42,698 | — | $42,698 |
| LOTITO & LAZZARA, P.C. | AUDITOR | $26,000 | — | $26,000 |
| FIDUCIARY FIREWALL CONSULTING | CONSULTANT | $20,717 | — | $20,717 |
| FIDELITY INVESTMENTS | CUSTODIAN | $11,875 | — | $11,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOTITO & LAZZARA, P.C. — AUDITOR
- FIDELITY INVESTMENTS — CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $317,998
- Estimated Expense Ratio: 1.054% 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 | $387,205 | $70,848 | — | — | — |
| 2023 | $346,152 | $70,848 | — | — | — |
| 2022 | $271,300 | $70,848 | — | — | $200,452 |