Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Ufcw Local 152 Saving401(k)

UFCW LOCAL 152 SAVINGS PLAN · MOUNT LAUREL, NJ · plan year 2022

Reported admin expense ratio · 2022
1.18%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees, Ufcw Local 152 Saving reported $399,950 in plan administrative expenses for 2022: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $72 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 787th-largest of 2,419 plans among New Jersey employers on file, and the 966th of 5,215 in retail trade. In 2022, the employer put in $2.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,524,071
Participants with balances5,860
Active participants17,604
Employer contributions$1,264,093
Employee contributions$577,708
Employer contribution per active participant$72
Average account balance$5,550
Benefits paid to participants$2,852,594
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CPAS & ADVISORS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 6,264 accts · $1.6M emplr
2023$32.4M · 5,657 accts · $1.1M emplr
2022$32.5M · 5,860 accts · $1.3M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$300,949
Investment management$10,000
Professional / advisory$48,298
Total administrative$399,950
The Board of Trustees, Ufcw Local 152 Saving 401(k) match · 2022
Employer contribution per active participant$72
Median for plans this size$2,266
2024$83 per active participant
2023$61 per active participant
2022$72 per active participant

Board of Trustees, Ufcw Local 152 Saving's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$388,601 · 1.21%
2023$392,543 · 1.21%
2022$399,950 · 1.18%
Similar plansRetail Trade · New Jersey
Zallie Supermarkets Inc NJ$39.8M · 0.04%
Care One Management, LLC NJ$39.4M · 0.31%
Park Avenue Motor Corp. NJ$26.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 236421914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.