Plan Snapshot
- Plan Sponsor: Ufcw Union & Participating Food In Employers Tri-State Health-Welfare
- Sponsor EIN: 236449794
- Sponsor Address: 27 ROLAND AVENUE, MT. LAUREL, NJ, 08054
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,832
- Total Assets: $57.7M
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 | 2,832 | $57.7M | $41.7M | $114,210 |
| 2023 | 2,773 | $51.1M | $39.5M | $110,760 |
| 2022 | 2,721 | $41.3M | $38.0M | $73,708 |
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 |
|---|---|---|---|---|
| TRI-STATE ADMINISTRATORS | Other Service Provider | $2,543,408 | — | $2,543,408 |
| INDEPENDENCE BLUE CROSS | Other Service Provider | $842,362 | — | $842,362 |
| AMERIHEALTH ADMINISTRATORS | Other Service Provider | $557,686 | — | $557,686 |
| EXPRESS SCRIPTS INC | Other Service Provider | $382,038 | — | $382,038 |
| O'BRIEN BELLAND & BUSHINSKY LLC | Other Service Provider | $177,382 | — | $177,382 |
| SPEAR WILDERMAN PC | Other Service Provider | $169,418 | — | $169,418 |
| HEALTH PLAN SYSTEMS | Other Service Provider | $110,000 | — | $110,000 |
| UNITED CONCORDIA COMPANIES,INC. | Other Service Provider | $77,507 | — | $77,507 |
| STEVENS & LEE | ERISA Attorney | $42,794 | — | $42,794 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $40,400 | — | $40,400 |
| BARATZ & ASSOCIATES, P.A. | Auditor | $40,000 | — | $40,000 |
| PNC BANK | Other Service Provider | $16,054 | — | $16,054 |
| CHEIRON INC | Other Service Provider | $13,000 | — | $13,000 |
| VISION BENEFITS OF AMERICA | Other Service Provider | $11,523 | — | $11,523 |
| DATABASE CONSULTING | Other Service Provider | $11,325 | — | $11,325 |
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STEVENS & LEE — ERISA Attorney
- BARATZ & ASSOCIATES, P.A. — Auditor
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,040,897
- Estimated Expense Ratio: 8.743% 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 | $2,973,686 | $6,000 | $2,441,067 | $40,000 | — |
| 2023 | $2,715,058 | $8,000 | $2,325,381 | $39,750 | — |
| 2022 | $2,569,899 | $8,000 | $2,214,752 | — | $156,401 |