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UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN 401k Plan overview

Plan NameUFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN
Plan identification number 001

UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

UNITED FOOD AND COMMERICAL WORKERS INTERNATIONAL UNION LOCAL NO. 1059 has sponsored the creation of one or more 401k plans.

Company Name:UNITED FOOD AND COMMERICAL WORKERS INTERNATIONAL UNION LOCAL NO. 1059
Employer identification number (EIN):314392482
NAIC Classification:813930
NAIC Description:Labor Unions and Similar Labor Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01ANTHONY M. PERRONE, INT'L SEC-TREA2013-08-01
0012011-01-01ANTHONY M. PERRONE, INT'L SEC-TREA2012-07-23
0012010-01-01ANTHONY M. PERRONE, INT'L SEC-TREA2011-06-16

Plan Statistics for UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN

401k plan membership statisitcs for UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN

Measure Date Value
2024: UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-0633
Total number of particpants at end of year2024-09-0634
Number of Participants With Account Balances2024-09-0626

Financial Data on UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN

Measure Date Value
2024 : UFCW LOCAL 1059 SAVINGS AND RETIREMENT PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-06140700
Net assets as of the end of the plan year2024-09-064579436
Total assets as of the beginning of the plan year2024-09-063734259
Value of plan covered by a fidelity bond2024-09-062000000
Participant contributions to plan in this plan year2024-09-06174685
Value of participant loans at end of plan year2024-09-0660151
Other income to plan in this plan year2024-09-06716782
Plan net income in this plan year2024-09-06845177
Net assets as of the end of the plan year2024-09-064579436
Net assets as of the beginning of the plan year2024-09-063734259
Employer contributions to plan in this plan year2024-09-0694410
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-06291

Potentially related plans

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