Plan Snapshot
- Plan Sponsor: Board Of Trustees - Adjustable Plan Of The Unite Here Retirement Fund
- Sponsor EIN: 820994119
- Sponsor Address: 333 WESTCHESTER AVENUE, WHITE PLAINS, NY, 106042910
- Plan Type: DB
- Total Participants: 49,655
- Total Assets: $449.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 49,655 | $449.9M | $72.9M | $0 |
| 2023 | 41,173 | $349.2M | $65.9M | $0 |
| 2022 | 42,309 | $261.7M | $49.8M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMALGAMATED EMPLOYEE BENEFITS ADMIN | Other Service Provider | $2,574,996 | — | $2,574,996 |
| ALIGRAPHICS, A DIVISION OF AEBA | Other Service Provider | $269,999 | — | $269,999 |
| INTERNATIONAL REAL ESTATE CORPORATI | Other Service Provider | $251,318 | — | $251,318 |
| LEGACY PLAN OF THE UNITE HERE RETIR | Other Service Provider | $181,425 | — | $181,425 |
| CLEARY, JOSEM & TRIGIANI LLP | Other Service Provider | $133,344 | — | $133,344 |
| CHEIRON, INC. | Other Service Provider | $117,249 | — | $117,249 |
| EATON VANCE TRUST COMPANY | Other Service Provider | $117,206 | — | $117,206 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $93,273 | — | $93,273 |
| PRUDENTIAL TRUST COMPANY | Other Service Provider | $76,955 | — | $76,955 |
| AMALGAMATED LIFE INSURANCE COMPANY | Recordkeeper | $60,448 | — | $60,448 |
| SEGAL ADVISORS, INC | Other Service Provider | $59,466 | — | $59,466 |
| MORGAN, LEWIS & BOCKIUS, LLP | ERISA Attorney | $51,781 | — | $51,781 |
| MACNELL ACCOUNTING & CONSULTING LLP | Other Service Provider | $50,355 | — | $50,355 |
| UNITE HERE HEALTH | Recordkeeper | $48,589 | — | $48,589 |
| UNITE HERE LOCAL 54 | Other Service Provider | $18,163 | — | $18,163 |
| SS&C TECHNOLOGIES | Other Service Provider | — | $15,938 | $15,938 |
| KDG DEVELOPMENT STRATEGIES, LLC | Other Service Provider | $12,821 | — | $12,821 |
| SOVOS COMPLIANCE, LLC | Other Service Provider | — | $12,386 | $12,386 |
| BNY MELLON | Other Service Provider | $8,768 | — | $8,768 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMALGAMATED LIFE INSURANCE COMPANY — Recordkeeper
- MORGAN, LEWIS & BOCKIUS, LLP — ERISA Attorney
- UNITE HERE HEALTH — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,154,480
- Estimated Expense Ratio: 0.923% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,145,974 | $664,802 | $2,572,529 | $50,355 | — |
| 2023 | $6,137,067 | $504,752 | $2,599,373 | $91,729 | — |
| 2022 | $5,361,018 | $421,131 | $2,572,878 | — | $302,982 |