Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The 1199seiu Home Care Employees Pension Fund
- Sponsor EIN: 133943904
- Sponsor Address: P.O. BOX 842, NEW YORK, NY, 10108
- Plan Type: DB
- Total Participants: 31,389
- Total Assets: $569.2M
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 | 31,389 | $569.2M | $17.0M | $0 |
| 2023 | 32,875 | $554.0M | $16.2M | $0 |
| 2022 | 34,420 | $498.0M | $17.3M | $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 |
|---|---|---|---|---|
| 1199SEIU NATIONAL BENEFIT FUND | Other Service Provider | $4,729,494 | — | $4,729,494 |
| KAR SMALL CAP VALUE | Other Service Provider | — | $274,978 | $274,978 |
| RBC GLOBAL MANAGEMENT (U.S.) | Recordkeeper | — | $190,575 | $190,575 |
| ALGER | Other Service Provider | — | $182,344 | $182,344 |
| KPMG LLP | Auditor | $161,647 | — | $161,647 |
| LSV ASSET MANAGEMENT | Other Service Provider | — | $135,918 | $135,918 |
| ARTISAN PARTNERS INTERNATIONAL | Other Service Provider | — | $132,890 | $132,890 |
| 3BF PARTNERS LLC | Other Service Provider | $130,080 | — | $130,080 |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Other Service Provider | — | $116,943 | $116,943 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $113,270 | — | $113,270 |
| TOWNSEND GROUP, THE | Other Service Provider | — | $104,128 | $104,128 |
| STEP VISUAL COMMUNICATIONS LLC | Other Service Provider | $97,818 | — | $97,818 |
| DDJ CAPITAL MANAGEMENT, LLC | Other Service Provider | — | $82,343 | $82,343 |
| AUTOMATIC DATA PROCESSING, INC. | Other Service Provider | $82,197 | — | $82,197 |
| TCW INVESTMENT MANAGEMENT COMPANY | Other Service Provider | — | $75,171 | $75,171 |
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | — | $73,575 | $73,575 |
| PENSION BENEFIT INFORMATION, LLC | Other Service Provider | $41,918 | — | $41,918 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | — | $36,500 | $36,500 |
| HAMILTON LANE ADVISORS LLC | Other Service Provider | — | $32,084 | $32,084 |
| CHANGE HEALTHCARE OPERATIONS, LLC | Other Service Provider | $23,000 | — | $23,000 |
| PRISA | Other Service Provider | — | $12,723 | $12,723 |
| PRUDENTIAL INSURANCE CO OF AMERICA | Recordkeeper | $12,045 | — | $12,045 |
| STATE STREET GLOBAL ADVISORS (SSGA) | Other Service Provider | — | $10,069 | $10,069 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC GLOBAL MANAGEMENT (U.S.) — Recordkeeper
- KPMG LLP — Auditor
- PRUDENTIAL INSURANCE CO OF AMERICA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,851,710
- Estimated Expense Ratio: 1.204% 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 | $8,310,959 | $1,872,526 | — | $161,647 | — |
| 2023 | $9,637,580 | $1,363,588 | — | $158,351 | — |
| 2022 | $10,597,236 | $2,441,620 | — | — | $561,230 |