BOARD OF TRUSTEES UFCW GIANT-SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND
401k plan membership statisitcs for UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND
| Measure | Date | Value |
|---|
| 2022: UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND 2022 401k membership |
|---|
| Current value of assets | 2022-12-31 | 69,675 |
| Acturial value of assets for funding standard account | 2022-12-31 | 69,675 |
| Accrued liability for plan using immediate gains methods | 2022-12-31 | 1 |
| Accrued liability under unit credit cost method | 2022-12-31 | 1 |
| RPA 94 current liability | 2022-12-31 | 0 |
| Expected increase in current liability due to benefits accruing during the plan year | 2022-12-31 | 1 |
| Expected release from RPA 94 current liability for plan year | 2022-12-31 | 0 |
| Expected plan disbursements for the plan year | 2022-12-31 | 275,000 |
| Current value of assets | 2022-12-31 | 69,675 |
| Number of retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Current liability for retired participants and beneficiaries receiving payment | 2022-12-31 | 0 |
| Number of terminated vested participants | 2022-12-31 | 11,361 |
| Current liability for terminated vested participants | 2022-12-31 | 0 |
| Current liability for active participants non vested benefits | 2022-12-31 | 0 |
| Current liability for active participants vested benefits | 2022-12-31 | 0 |
| Total number of active articipats | 2022-12-31 | 3,020 |
| Current liability for active participants | 2022-12-31 | 0 |
| Total participant count with liabilities | 2022-12-31 | 14,381 |
| Total current liabilitoes for participants with libailities | 2022-12-31 | 0 |
| Total employer contributions in plan year | 2022-12-31 | 11,847 |
| Prior year funding deficiency | 2022-12-31 | 0 |
| Employer’s normal cost for plan year as of valuation date | 2022-12-31 | 275,000 |
| Prior year credit balance | 2022-12-31 | 0 |
| Amortization credits as of valuation date | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 14,381 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 2,958 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 9,485 |
| Total of all active and inactive participants | 2022-01-01 | 12,443 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 821 |
| Total participants | 2022-01-01 | 13,264 |
| Number of employers contributing to the scheme | 2022-01-01 | 2 |
| 2021: UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND 2021 401k membership |
|---|
| Acturial value of assets for funding standard account | 2021-12-31 | 0 |
| Accrued liability for plan using immediate gains methods | 2021-12-31 | 0 |
| Accrued liability under unit credit cost method | 2021-12-31 | 0 |
| RPA 94 current liability | 2021-12-31 | 0 |
| Expected release from RPA 94 current liability for plan year | 2021-12-31 | 0 |
| Expected plan disbursements for the plan year | 2021-12-31 | 400,000 |
| Current value of assets | 2021-12-31 | 0 |
| Number of retired participants and beneficiaries receiving payment | 2021-12-31 | 7,889 |
| Current liability for retired participants and beneficiaries receiving payment | 2021-12-31 | 0 |
| Number of terminated vested participants | 2021-12-31 | 4,769 |
| Current liability for terminated vested participants | 2021-12-31 | 0 |
| Current liability for active participants non vested benefits | 2021-12-31 | 0 |
| Current liability for active participants vested benefits | 2021-12-31 | 0 |
| Total number of active articipats | 2021-12-31 | 3,957 |
| Current liability for active participants | 2021-12-31 | 0 |
| Total participant count with liabilities | 2021-12-31 | 16,615 |
| Total current liabilitoes for participants with libailities | 2021-12-31 | 0 |
| Total employer contributions in plan year | 2021-12-31 | 400,000 |
| Employer’s normal cost for plan year as of valuation date | 2021-12-31 | 400,000 |
| Total participants, beginning-of-year | 2021-01-01 | 14,691 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 5,945 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 7,490 |
| Total of all active and inactive participants | 2021-01-01 | 13,435 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 946 |
| Total participants | 2021-01-01 | 14,381 |
| Number of employers contributing to the scheme | 2021-01-01 | 2 |
| Measure | Date | Value |
|---|
| 2022 : UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND 2022 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $252,176 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $330,325 |
| Total income from all sources (including contributions) | 2022-12-31 | $205,325 |
| Total of all expenses incurred | 2022-12-31 | $228,773 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $205,325 |
| Value of total assets at end of year | 2022-12-31 | $298,403 |
| Value of total assets at beginning of year | 2022-12-31 | $400,000 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $228,773 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $155,679 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $4,939 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $589 |
| Administrative expenses (other) incurred | 2022-12-31 | $11,247 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $252,176 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $329,736 |
| Total non interest bearing cash at end of year | 2022-12-31 | $88,139 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-23,448 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $46,227 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $69,675 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $205,325 |
| Employer contributions (assets) at end of year | 2022-12-31 | $205,325 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $400,000 |
| Contract administrator fees | 2022-12-31 | $61,847 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| Did the plan have assets held for investment | 2022-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CALIBRE CPA GROUP PLLC |
| Accountancy firm EIN | 2022-12-31 | 470900880 |
| 2021 : UFCW GIANT- SAFEWAY EXCESS SUPPLEMENTAL BENEFIT PENSION FUND 2021 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $330,325 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $400,000 |
| Total of all expenses incurred | 2021-12-31 | $330,325 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $400,000 |
| Value of total assets at end of year | 2021-12-31 | $400,000 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $330,325 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $214,587 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $589 |
| Administrative expenses (other) incurred | 2021-12-31 | $588 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $329,736 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $69,675 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $69,675 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $400,000 |
| Employer contributions (assets) at end of year | 2021-12-31 | $400,000 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Contract administrator fees | 2021-12-31 | $115,150 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Did the plan have assets held for investment | 2021-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CALIBRE CPA GROUP PLLC |
| Accountancy firm EIN | 2021-12-31 | 470900880 |
