Plan Snapshot
- Plan Sponsor: Board Of Trustees, South Bay Hotel Ee Restaurant Ee Legal Trust Fund
- Sponsor EIN: 946535777
- Sponsor Address: P.O. BOX 34203, SEATTLE, WA, 98124
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,032
- Total Assets: $1.3M
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 | 1,032 | $1.3M | $40,093 | $0 |
| 2023 | 923 | $1.3M | $35,996 | $0 |
| 2022 | 877 | $1.3M | $37,398 | $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 |
|---|---|---|---|---|
| WELFARE & PENSION ADMIN SERVICE INC | Other Service Provider | $19,127 | — | $19,127 |
| WITHUMSMITH+BROWN, PC | Auditor | $9,814 | — | $9,814 |
| QUEST INVESTMENT MANAGEMENT LLC | Other Service Provider | $5,735 | — | $5,735 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,676
- Estimated Expense Ratio: 2.676% 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 | $44,213 | $5,719 | $18,780 | $5,079 | — |
| 2023 | $40,001 | $5,698 | $16,029 | $4,700 | — |
| 2022 | $37,328 | $5,668 | $17,635 | — | $10,286 |