Plan Snapshot
- Plan Sponsor: Board Of Trustees - Legacy Plan Of The Unite Here Retirement Fund
- Sponsor EIN: 820994119
- Sponsor Address: 333 WESTCHESTER AVENUE, WHITE PLAINS, NY, 106042910
- Plan Type: DB
- Total Participants: 16,770
- Total Assets: $608.5M
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 | 16,770 | $608.5M | $96.3M | $0 |
| 2023 | 18,598 | $590.8M | $83.7M | $0 |
| 2022 | 19,570 | $610.0M | $71.2M | $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 | NONE | $5,375,004 | — | $5,375,004 |
| JP MORGAN INVESTMENT MANAGEMENT INC | PARTY-IN-INT | $1,201,228 | — | $1,201,228 |
| CHEIRON, INC | NONE | $500,520 | — | $500,520 |
| SEGAL MARCO ADVISORS | NONE | $298,810 | — | $298,810 |
| ALIGRAPHICS, A DIVISION OF AEBA | NONE | $185,466 | — | $185,466 |
| AMALGAMATED LIFE INSURANCE COMPANY | NONE | $165,737 | — | $165,737 |
| CLEARY JOSEM & TRIGIANI LLP | NONE | $165,591 | — | $165,591 |
| MACNELL ACCOUNTING & CONSULTING LLP | NONE | $138,355 | — | $138,355 |
| SOVOS COMPLIANCE LLC | NONE | — | $73,601 | $73,601 |
| MORGAN, LEWIS & BOCKIUS, LLP | NONE | $55,446 | — | $55,446 |
| AMALGAMATED BANK | PARTY-IN-INT | $42,825 | $10,525 | $53,350 |
| UNITE HERE HEALTH | PARTY-IN-INTEREST | $48,589 | — | $48,589 |
| SS&C TECHNOLOGIES, INC. | NONE | — | $47,814 | $47,814 |
| ALLIANT INSURANCE SERVICES, INC. | NONE | — | $45,805 | $45,805 |
| KDG DEVELOPMENT STRATEGIES, LLC | NONE | $29,917 | — | $29,917 |
| ZELIS PAYMENT HOLDINGS, LLC | NONE | — | $24,563 | $24,563 |
| UNITE HERE LOCAL 54 | PARTY-IN-INT | $18,163 | — | $18,163 |
| HIRTLE, CALLAGHAN & COMPANY | PARTY-IN-INT | $14,858 | — | $14,858 |
| AMALGAMATED BANK OF CHICAGO | PARTY-IN-INT | $12,500 | — | $12,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN INVESTMENT MANAGEMENT INC — PARTY-IN-INT
- AMALGAMATED LIFE INSURANCE COMPANY — NONE
- MORGAN, LEWIS & BOCKIUS, LLP — NONE
- UNITE HERE HEALTH — PARTY-IN-INTEREST
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,455,317
- Estimated Expense Ratio: 1.390% 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 | $13,187,178 | $2,857,664 | $5,367,471 | $138,355 | — |
| 2023 | $14,217,878 | $2,672,798 | $6,288,627 | $175,729 | — |
| 2022 | $14,700,393 | $3,768,698 | $6,224,809 | — | $975,588 |