Plan Snapshot
- Plan Sponsor: Hotel & Restaurant Employees Local 25 & Hotel Association
- Sponsor EIN: 366686313
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 21152
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,782
- 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. |
|---|---|---|---|---|
| 2025 | 5,782 | $1.3M | $0 | $0 |
| 2024 | 5,637 | $1.1M | $2.6M | $0 |
| 2023 | 5,566 | $1.1M | $1.5M | $0 |
| 2022 | 5,220 | $1.5M | $1.8M | $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 |
|---|---|---|---|---|
| REGAN ASSOCIATES CHARTERED | Other Service Provider | $2,289,849 | — | $2,289,849 |
| ASSOCIATED ADMINISTRATORS LLC | Other Service Provider | $76,980 | — | $76,980 |
| NOVAK FRANCELLA LLC | Other Service Provider | $10,484 | — | $10,484 |
| BREDHOFF & KAISER PLLC | Other Service Provider | $9,649 | — | $9,649 |
| SEYFARTH SHAW LLP | Other Service Provider | $6,190 | — | $6,190 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,393,152
- Estimated Expense Ratio: 183.202% 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 |
|---|---|---|---|---|---|
| 2025 | $2,436,368 | $2,500 | $76,980 | $9,600 | — |
| 2024 | $111,170 | — | $74,736 | $9,300 | — |
| 2023 | $113,741 | — | $72,564 | $11,168 | — |
| 2022 | $108,972 | — | $70,452 | — | $20,863 |