New Jersey › Retail trade › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
UFCW Local 152 Savings Plan
Sponsored by Board of Trustees, UFCW Local 152 Saving, Mount Laurel, NJ
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Board of Trustees, UFCW Local 152 Saving of Mount Laurel, New Jersey sponsors UFCW Local 152 Savings Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 18,943 participants (18,762 active) and $31.8M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $1,679 per participant, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well below the $36,708 median for defined contribution plans in retail trade. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $1.6M during the year, or $83 per active participant against a same-size median of $2,424; participants contributed $782K. Benefits paid out totalled $4.2M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $350K: $18.49 per participant, well below the same-size median of $53.38. Administrative expenses charged to the plan were $389K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $38.3M in 2009 to $31.8M in 2024 (down 17%), and participants from 10,834 to 18,943 (up 75%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $1,679 | $64,499 | $36,708 | $53,102 |
| Employer contributions per active participant | $83 | $2,424 | $999 | $2,175 |
| Schedule C compensation per participant | $18.49 | $53.38 | $121 | $123 |
| Schedule C compensation, share of net assets | 1.1% | 0.09% | 0.36% | 0.26% |
| Administrative expenses per participant | $20.51 | $54.85 | $114 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), retail trade (3,794) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 18,943 | $31.8M | $1,680 | $1.6M | $782K | $350K |
| 2023 | 18,231 | $32.4M | $1,775 | $1.1M | $602K | $351K |
| 2022 | 17,739 | $32.5M | $1,833 | $1.3M | $578K | $359K |
| 2021 | 17,285 | $35.3M | $2,045 | $1.4M | $396K | $343K |
| 2020 | 16,631 | $35.3M | $2,120 | $1.3M | $93K | $284K |
| 2019 | 16,297 | $35.4M | $2,175 | $1.4M | $109K | $333K |
| 2018 | 16,056 | $35.1M | $2,189 | $1.5M | $139K | $313K |
| 2017 | 15,860 | $37.5M | $2,364 | $1.6M | $186K | $667K |
| 2016 | 15,419 | $37.6M | $2,436 | $1.6M | $189K | $745K |
| 2015 | 14,951 | $38.9M | $2,600 | $1.5M | $250K | $647K |
| 2014 | 14,294 | $40.1M | $2,803 | $1.6M | $316K | $588K |
| 2013 | 13,783 | $40.1M | $2,911 | $1.6M | $308K | $586K |
| 2012 | 13,115 | $39.9M | $3,042 | $1.8M | $325K | $626K |
| 2011 | 12,665 | $39.4M | $3,113 | $1.9M | $388K | $693K |
| 2010 | 12,186 | $39.4M | $3,234 | $2.0M | $427K | $857K |
| 2009 | 10,834 | $38.3M | $3,531 | $2.2M | $471K | $883K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$32,367,489
- Employer contributions$1,553,753
- Participant contributions$782,411
- Rollovers and other contributions—
- Total contributions$2,336,164
- Total income, including investment results$4,062,956
- Benefits paid$4,227,083
- Administrative expenses$388,601
- Total expenses$4,615,684
- Net income−$552,728
- Net transfers$0
- Net assets, end of year$31,814,761
Participants
- Active participants18,762
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits102
- Participants with account balances6,264
- Total participants, end of year18,943
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Tri-State Administrators, Inc. | Contract Administrator | $296,739 | $0 |
| MSPC | Accounting (including auditing) | $25,000 | $0 |
| O'Brien, Belland & Bushinsky | Legal | $12,454 | $0 |
| Morgan Stanley | Investment advisory (plan) | $10,000 | $0 |
| Morgan, Lewis Bockius, LLP | Legal | $6,094 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$296,739
- Other administrative expenses$38,314
- IQPA audit fees$25,000
- Legal fees$18,548
- Investment advisory and management fees$10,000
- Total administrative expenses$388,601
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Insurance company general account$22.0M · 67.2%
- Registered investment companies (mutual funds)$10.2M · 31.0%
- Cash (interest and non-interest bearing)$466K · 1.4%
- Receivables$120K · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmMSPC Certified Public Accountants &
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 445110: Supermarkets and Other Grocery (except Convenience) Stores.
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| The Sparc Group LLC 401(k) Investment and Savings Plan | Sparc Group LLC | 19,111 | $342M | $17,887 |
| Premium Brands Services LLC 401(k) Savings Plan | Premium Brands Services LLC | 14,283 | $383M | $26,790 |
| H&M Employee Stock Ownership Plan | H&M Fashion USA, Inc. | 8,898 | $4.7M | $526 |
| The Children's Place 401(k) Savings Plan | The Children's Place, Inc. | 8,151 | $130M | $15,940 |
| Holman Enterprises Supplemental Retirement and Savings Plan | Holman Automotive Group, Inc. | 8,019 | $689M | $85,890 |
| Party City Holdings Inc. 401(k) Plan | Party City Holdings Inc. | 7,961 | $221M | $27,763 |
Defined contribution plans in retail trade closest in size.
Questions and answers
How big is UFCW Local 152 Savings Plan?
18,943 participants at the end of the plan year ending 31 Dec 2024, of whom 18,762 were active employees, with net assets of $31,814,761. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Board of Trustees, UFCW Local 152 Saving contribute per participant?
The filing reports $1,553,753 in employer contributions for the year, which is $83 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $350,287 in compensation to service provider organisations, $18.49 per participant or 1.1% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $388,601. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees, UFCW Local 152 Saving. Recordkeeping or administration: Tri-State Administrators, Inc.. Investment advisory or management: Morgan Stanley. The financial statements were audited by MSPC Certified Public Accountants &. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 23-6421914, plan 001, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.