Plan Snapshot
- Plan Sponsor: Board Of Trustees, Legal Fund Of Hotel And Restaurant
- Sponsor EIN: 954269218
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA, 90017
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 17,974
- Total Assets: $1.4M
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 | 17,974 | $1.4M | $3.6M | $0 |
| 2023 | 14,416 | $1.1M | $3.2M | $0 |
| 2022 | 12,816 | $913,642 | $2.5M | $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 |
|---|---|---|---|---|
| HADSELL STORMER & RENICK LLP | Other Service Provider | $3,516,981 | — | $3,516,981 |
| BENEFIT PROGRAMS ADMINISTRATION | Other Service Provider | $48,014 | — | $48,014 |
| MILLER KAPLAN ARASE LLP | Auditor | $14,600 | — | $14,600 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $10,060 | — | $10,060 |
| BUSH GOTTLIEB | Other Service Provider | $10,033 | — | $10,033 |
| SEGAL MARCO ADVISORS | Other Service Provider | $5,424 | — | $5,424 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
- US BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,605,112
- Estimated Expense Ratio: 266.329% 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 | $111,189 | $5,424 | $48,014 | $14,600 | — |
| 2023 | $129,490 | $5,266 | $46,445 | $14,000 | — |
| 2022 | $148,010 | $7,957 | $45,092 | — | $73,031 |