Plan Ledger DOL Form 5500 · updated monthly

The Board of Trustees of the Ufcw Local 1-D 401K401(k)

UFCW LOCAL 1-D 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

The Board of Trustees of the Ufcw Local 1-D 401K reported $139,928 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,673 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 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,803rd-largest of 5,648 plans among New York employers on file, and 2,218th of 4,246 in wholesale trade. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,491,556
Participants with balances468
Active participants316
Employer contributions$528,615
Employee contributions$1,322,739
Employer contribution per active participant$1,673
Average account balance$35,238
Benefits paid to participants$1,464,211
Plan auditUnmodified (clean) audit opinion
AuditorKP LYNCH CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 468 accts · $529K emplr
2023$14.5M · 444 accts · $438K emplr
2022$12.1M · 414 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,608
Audit (IQPA)$10,575
Total administrative$139,928
The The Board of Trustees of the Ufcw Local 1-D 401K 401(k) match · 2024
Employer contribution per active participant$1,673
Median for plans this size$2,416
2024$1,673 per active participant
2023$1,372 per active participant
2022$1,428 per active participant

The Board of Trustees of the Ufcw Local 1-D 401K's 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$77,389
LONG ISLAND EMPLOYEE BENEFITS GROUP · Recordkeeping · Loan processing$36,219
ZAZZALI FAGELLA NOWAK K&F · Legal$13,500
KP LYNCH CPA PC · Accounting / audit$8,568
ROBERT P BRADY AGENCY INC$6,745
CETERA ADVISOR NETWORKS LLC · Insurance broker · Insurance servicesindirect comp
CETERA FINANCIAL GROUP · Insurance broker · Insurance servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024LONG ISLAND EMPLOYEE BENEFITS GROUP, Transamerica
2023LONG ISLAND EMPLOYEE BENEFITS GROUP, Transamerica

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Administrative cost history3
2024$139,928 · 0.90%
2023$127,990 · 0.96%
2022$118,385 · 0.92%
Similar plansWholesale Trade · New York
Sfi Aip Holdings, LLC NY$16.7M · 0.28%
Robert James Sales, Inc. NY$16.6M · 0.21%
Casper Sleep Inc. NY$16.5M · 0.05%
Cleaner's Supply Inc. NY$16.4M · 0.13%
Polymedco, Inc. NY$16.3M · 0.26%
Enchante Accessories, Inc. NY$16.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822171406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.