Plan Ledger DOL Form 5500 · updated monthly

Ufcw Local 1776 & Participating Employer Retirement and Savings Plan401(k)

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS RETIREMENT AND SAVINGS PLAN · PLYMOUTH MEETING, PA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Ufcw Local 1776 & Participating Employer Retirement and Savings Plan reported $355,356 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,108 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 0.41% to 0.38%. 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 474th-largest of 3,651 plans among Pennsylvania employers on file, and the 381st of 5,215 in retail trade. In 2024, the employer put in $1.60 for every $1.00 employees contributed themselves; active participation has shrunk from 7,236 to 4,457 since 2022.

Plan summary
Net assets, end of year$99,424,638
Participants with balances10,026
Active participants4,457
Employer contributions$4,939,067
Employee contributions$3,095,005
Employer contribution per active participant$1,108
Average account balance$9,917
Benefits paid to participants$8,826,804
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$99.4M · 10,026 accts · $4.9M emplr
2023$87.4M · 9,097 accts · $3.6M emplr
2022$72.1M · 8,356 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,389
Investment management$247,661
Audit (IQPA)$8,750
Total administrative$355,356
The Ufcw Local 1776 & Participating Employer Retirement and Savings Plan 401(k) match · 2024
Employer contribution per active participant$1,108
Median for plans this size$3,635
2024$1,108 per active participant
2023$455 per active participant
2022$621 per active participant

Ufcw Local 1776 & Participating Employer Retirement and Savings Plan'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
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$229,661
CBIZ RETIREMENT PLAN SERVICES$28,375
WILLIG, WILLIAMS & DAVIDSON · Legal$22,000
KEYSTONE 74 BENEIFITS AND ADMINISTR · Plan administrator$21,292
RBC WEALTH MGT, NWC 313-24576 · Consulting · Pension consulting$18,000
ALAN ROSS AND COMPANY, PC · Accounting / audit$8,750
HEALTHCARE STRATEGIES, INC · Plan administrator$7,097

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$355,356 · 0.38%
2023$134,846 · 0.17%
2022$313,831 · 0.41%
Similar plansRetail Trade · Pennsylvania
Faulkner Cadillac, Inc. PA$122.3M · 0.31%
Cornerstone Brands Inc. PA$121.4M · 0.10%
Fred Beans Ford, Inc. PA$116.6M · 0.14%
Five Below, Inc. PA$87.8M · 0.35%
Hunter Services, LLC PA$85.8M · 0.26%
Cochran Motors, Inc. PA$77.7M · 0.38%
Zulily, LLC PA$75.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232997353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.