Retirement plan

UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST

Name: UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST - UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST (2024) Form 5500
Creator: UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST, UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST

UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUSTEIN 94-2518312Plan #001PY 2024

1000 BURNETT AVE SUITE 110 - CONCORD, CA 94520925-746-7530

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$186.4M

+4.2% from 2023

Total participants

10,074

-1.0% from 2023

Average account balance

No prior year

Annual return

9.11%

+0.26 pp from 2023

Benchmarks

See 33 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined benefit

Participants1,000-4,999

Cohort33 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$186.43M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$19K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

6,804

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.11%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
UFCW GROUP ADMINISTRATION LLC10+ years Service code 14 · EIN 26-0048379	Plan Administrator	$475,685
EIDE BAILLY LLP5 years Filed as: EIDE BAILLY Service code 10 · EIN 45-0250958	Accounting	$150,242
RVK, INC.7 years Filed as: RVK INC. Service code 27 · EIN 93-0910652	Advisory (Plan)	$88,950
THE SEGAL COMPANY10+ years Filed as: SEGAL COMPANY Service code 11 · EIN 94-1503999	Actuarial	$85,307
NORTHERN TRUST COMPANY10+ years Filed as: NORTHERN TRUST Service code 19 · EIN 36-2723087	Securities Custodian	$69,742
SALTZMAN & JOHNSON4 years Filed as: SALTZMAN AND JOHNSON LAW CORP Service code 29 · EIN 94-2376174	Legal	$43,416
UFCW LOCAL 510+ years Service code 50 · EIN 20-8028546	Direct Payment	$12,313
UFCW LOCAL 810+ years Service code 50 · EIN 94-0801845	Direct Payment	$8,745

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2.3M

$713 / participant

Recordkeeping$113K4.9%
Trustee / custodial$70K3.0%
Investment mgmt$1M45.3%
Legal$43K1.9%
Actuarial$85K3.7%
Other trustee fees$12K0.5%
Contract admin$476K20.4%
Other / not subdivided$475K20.4%

% of EOY assets

1.250%

all-in expense ratio

Categories reported

7 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: $36,775
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$179,823-100.0%

Participation rate

0.0%

0.0%0pp

42.1%-42.1pp

0.0%0pp

Annual return

9.11%

17.72%-8.6pp

148.32%-139.2pp

9.30%-0.2pp

Employer contribution / active EE

$1,034

$3,186-67.5%

$26,818-96.1%

$12,557-91.8%

Participant deferral / active EE

$2,867-100.0%

$63-100.0%

$2,867-100.0%

Admin fee / account holder

$1,660-100.0%

Provider

Service type

Compensation

UFCW GROUP ADMINISTRATION LLC10+ years

Service code 14 · EIN 26-0048379

Plan Administrator

$475,685

EIDE BAILLY LLP5 years

Filed as: EIDE BAILLY

Service code 10 · EIN 45-0250958

Accounting

$150,242

RVK, INC.7 years

Filed as: RVK INC.

Service code 27 · EIN 93-0910652

Advisory (Plan)

$88,950

THE SEGAL COMPANY10+ years

Filed as: SEGAL COMPANY

Service code 11 · EIN 94-1503999

Actuarial

$85,307

NORTHERN TRUST COMPANY10+ years

Filed as: NORTHERN TRUST

Service code 19 · EIN 36-2723087

Securities Custodian

$69,742

SALTZMAN & JOHNSON4 years

Filed as: SALTZMAN AND JOHNSON LAW CORP

Service code 29 · EIN 94-2376174

Legal

$43,416

UFCW LOCAL 510+ years

Service code 50 · EIN 20-8028546

Direct Payment

$12,313

UFCW LOCAL 810+ years

Service code 50 · EIN 94-0801845

Direct Payment

$8,745

UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UFCW PHARMACISTS, CLERKS, AND DRUG EMPLOYER'S PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion