Plan Snapshot
- Plan Sponsor: Board Of Trustees New York Hotel Trades Council &
- Sponsor EIN: 136126923
- Sponsor Address: 305 WEST 44TH STREET, NEW YORK, NY, 10036
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 23,536
- Total Assets: $324.4M
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 | 23,536 | $324.4M | $527.3M | $952,900 |
| 2023 | 24,404 | $420.8M | $486.6M | $1.1M |
| 2022 | 22,418 | $381.6M | $423.0M | $1.9M |
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 |
|---|---|---|---|---|
| NYHTC HEALTH CENTER, INC. | Other Service Provider | $15,555,250 | — | $15,555,250 |
| EMPIRE BLUECROSS/BLUESHIELD | Other Service Provider | $8,543,266 | — | $8,543,266 |
| HACELS LLC | Other Service Provider | $575,808 | — | $575,808 |
| 14 SO WILLIAMSPORT HOLDINGS LLC | Other Service Provider | $544,871 | — | $544,871 |
| CONNECT YOUR CARE | Other Service Provider | $535,990 | — | $535,990 |
| PITTA LLP | ERISA Attorney | $443,992 | — | $443,992 |
| MSPC CPAS & ADVISORS | Auditor | $225,538 | — | $225,538 |
| CDW DIRECT LLC | Other Service Provider | $217,982 | — | $217,982 |
| ELLENOFF GROSSMAN & SCHOLE LLP | ERISA Attorney | $201,668 | — | $201,668 |
| THE SEGAL COMPANY | Actuary | $194,700 | — | $194,700 |
| RNK & ASSOCIATES | Auditor | $104,248 | — | $104,248 |
| MORGAN STANLEY | Investment Advisor | $104,216 | — | $104,216 |
| DE LAGE LANDEN FINANCIAL SERVICES | Other Service Provider | $103,235 | — | $103,235 |
| BLACKROCK ADVISOR | Investment Advisor | $74,956 | — | $74,956 |
| IRON MOUNTAIN INTELLECTUAL | Other Service Provider | $56,696 | — | $56,696 |
| KANE KESSLER, PC | ERISA Attorney | $52,000 | — | $52,000 |
| PSYCHPROS INC | Other Service Provider | $42,570 | — | $42,570 |
| BMS CAPITAL PARTNERS | Other Service Provider | $38,500 | — | $38,500 |
| ICA RISK MANAGEMENT CONSULTANTS | Other Service Provider | $36,000 | — | $36,000 |
| WHITESTAR ADVISORS LLC | Other Service Provider | $29,000 | — | $29,000 |
| AUTOMATIC DATA PROCESSING INC. | Recordkeeper | $26,416 | — | $26,416 |
| TANDYM GROUP LLC | Other Service Provider | $23,750 | — | $23,750 |
| NASDAQ CORPORATE SOLUTIONS LLC | Other Service Provider | $18,909 | — | $18,909 |
| ABBATE DEMARINIS CPAS | Other Service Provider | $17,250 | — | $17,250 |
| OFFICE OF THE IMPARTIAL CHAIRPERSON | Other Service Provider | $16,548 | — | $16,548 |
| CHANGE HEALTHCARE | Other Service Provider | $12,916 | — | $12,916 |
| PHILIPS, RICHARD & RIND, PA | ERISA Attorney | $10,823 | — | $10,823 |
| DELL MARKETING L.P. | Other Service Provider | $9,974 | — | $9,974 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CPAS & ADVISORS — Auditor
- MORGAN STANLEY — Investment Advisor
- AUTOMATIC DATA PROCESSING INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,817,072
- Estimated Expense Ratio: 8.575% 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 | $20,000,891 | $179,172 | $9,079,256 | $347,036 | — |
| 2023 | $20,446,364 | $150,837 | $8,867,069 | $279,038 | — |
| 2022 | $19,198,937 | $96,414 | $8,187,356 | — | $1,292,501 |