Plan Snapshot
- Plan Sponsor: Board Of Trustees-Htl. & Rest. Emp. Lo.25&Htl Assn
- Sponsor EIN: 526051390
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 211529459
- Plan Type: DB
- Total Participants: 5,768
- Total Assets: $357.4M
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 | 5,768 | $357.4M | $30.2M | $0 |
| 2023 | 5,725 | $322.8M | $28.5M | $0 |
| 2022 | 5,291 | $285.2M | $24.1M | $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 |
|---|---|---|---|---|
| WELLINGTON TRUST COMPANY, NA | Other Service Provider | — | $442,666 | $442,666 |
| ASSOCIATED ADMINISTRATORS LLC | Other Service Provider | $386,832 | — | $386,832 |
| MEKETA FIDUCIARY MANAGEMENT, LLC | Other Service Provider | $130,000 | — | $130,000 |
| CHEIRON INC | Other Service Provider | $81,384 | — | $81,384 |
| PNC BANK NA | Other Service Provider | $50,767 | — | $50,767 |
| NOVAK FRANCELLA LLC | Auditor | $47,165 | — | $47,165 |
| BREDHOFF & KAISER PLLC | ERISA Attorney | $32,282 | — | $32,282 |
| FIRST EAGLE INVESTMENT MANAGEMENT | Other Service Provider | $27,480 | — | $27,480 |
| DRA ADVISORS LLC | Other Service Provider | $25,275 | — | $25,275 |
| SEYFARTH SHAW LLP | Investment Advisor | $20,155 | — | $20,155 |
| SVB STRATEGIC INVESTORS VIII, LLC | Other Service Provider | $15,938 | — | $15,938 |
| FLAGSHIP PIONEERING INC. | Other Service Provider | $8,701 | — | $8,701 |
| UNITED BANK | Other Service Provider | $6,998 | — | $6,998 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- BREDHOFF & KAISER PLLC — ERISA Attorney
- SEYFARTH SHAW LLP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,275,643
- Estimated Expense Ratio: 0.357% 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 | $1,594,013 | $346,939 | $386,832 | $22,500 | — |
| 2023 | $1,536,730 | $433,696 | $375,564 | $19,000 | — |
| 2022 | $1,450,705 | $508,068 | $364,620 | — | $152,563 |