Ufcw Local 342 Savings And 401(K) Plan — Form 5500 plan (Board Of Trustees Ufcw Local 342 Savings And 401(K))

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ufcw Local 342 Savings And 401(K) Plan is a benefit plan reported by Board Of Trustees Ufcw Local 342 Savings And 401(K) under EIN 56-2364474 and plan number 001. The latest loaded filing year is 2023. The filing reports 10,012 participants and $110,816,356 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Ufcw Local 342 Savings And 401(K)
EIN
56-2364474
Plan number
001
Plan type
1
Location
Bohemia, NY
Latest filing year
2023
Participants
10,012
End-of-year plan assets
$110,816,356

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,012H, C20241014174540NAL0053409234003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$110,816,356
Total liabilities (EOY)
$148,373
Net assets (EOY)
$110,667,983
Net assets (BOY)
$93,067,346

Income & contributions

Employer contributions
$7,588,387
Participant contributions
$1,839,575
Total contributions
$9,438,784
Total income / additions
$24,738,940

Expenses & distributions

Benefits paid
$5,343,124
Administrative expenses
$1,524,673
Total expenses
$7,138,303
Net increase / (decrease)
$17,600,637

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ufcw Local 342 Welfare FundRELATED PARTY$517,128not reported in the loaded dataset2023
John Hancock Retirement Plan ServicNONE$413,687$02023
Ufcw Local 342 Operating AccountRELATED PARTY$373,532not reported in the loaded dataset2023
Ufcw Local 342RELATED PARTY$143,445not reported in the loaded dataset2023
Novak Francella LLCNONE$36,790not reported in the loaded dataset2023
Quan-Vest ConsultantsNONE$30,996not reported in the loaded dataset2023
Archer Byington Glennon & LevineNONE$11,408not reported in the loaded dataset2023

Related Form 5500 pages