Plan Snapshot
- Plan Sponsor: Ufcw Union Local 1049 Retirement Fund
- Sponsor EIN: 221468736
- Sponsor Address: PO BOX 1028, WEST TRENTON, NJ, 08625
- Plan Type: DB
- Total Participants: 161
- Total Assets: $82,683
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 | 161 | $82,683 | $0 | $0 |
| 2023 | 170 | $93,853 | $0 | $0 |
| 2022 | 184 | $133,426 | $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 |
|---|---|---|---|---|
| DAVID A GERSON CPA & ASSOC | Auditor | $16,000 | — | $16,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,000
- Estimated Expense Ratio: 19.351% 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 | $53,186 | — | $23,350 | $16,000 | — |
| 2023 | $53,440 | — | $22,450 | $16,000 | — |
| 2022 | $51,775 | — | $22,000 | — | $19,758 |