Plan Ledger DOL Form 5500 · updated monthly

Trustees of Ufcw Local Union 1189 and St. Paul Food Employers Def Cont401(k)

UFCW LOCAL UNION 1189 AND ST. PAUL FOOD EMPLOYERS DEFINED CONTRIBUTION PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Trustees of Ufcw Local Union 1189 and St. Paul Food Employers Def Cont reported $600,828 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $870 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 2 years on file its reported administrative ratio fell from 0.30% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 150th-largest of 1,918 plans among Minnesota employers on file, and the 202nd of 5,215 in retail trade. In 2024, the employer put in $2.62 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$226,333,387
Participants with balances7,478
Active participants7,276
Employer contributions$6,327,624
Employee contributions$2,415,514
Employer contribution per active participant$870
Average account balance$30,267
Benefits paid to participants$9,855,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$226.3M · 7,478 accts · $6.3M emplr
2023$199.6M · 7,325 accts · $6.4M emplr
2022$166.5M · 7,102 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$429,575
Investment management$35,100
Audit (IQPA)$20,538
Trustee / custodial$42,118
Total administrative$600,828
The Trustees of Ufcw Local Union 1189 and St. Paul Food Employers Def Cont 401(k) match · 2024
Employer contribution per active participant$870
Median for plans this size$3,635
2024$870 per active participant
2023$897 per active participant
2022$886 per active participant

Trustees of Ufcw Local Union 1189 and St. Paul Food Employers Def Cont's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
MILLIMAN, INC · Recordkeeping$413,375
MATRIX TRUST COMPANY · Custodial (securities)$42,118
FIDUCIENT ADVISORS · Investment advisory (participants)$35,100
WILSON-MCSHANE CORPORATION · Contract administrator$21,805
LEGACY PROFESSIONALS LLP · Accounting / audit$20,538
SHUMAKER, LOOP, & KENDRICK, LLP · Legal$20,113
FR SECURE · Consulting$5,470

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$600,828 · 0.28%
2023$560,242 · 0.31%
2022$572,142 · 0.30%
Similar plansRetail Trade · Minnesota
Ziegler Inc. MN$387.1M · 0.01%
Blst Operating Company, LLC MN$204.3M · 0.09%
Coborn's Incorporated MN$162.1M · 0.34%
Room & Board, Inc. MN$157.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411930820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.