Plan Snapshot
- Plan Sponsor: Local 150 Hotel And Industry Pension Fund
- Sponsor EIN: 156025164
- Sponsor Address: ONE HUDSON CITY CENTRE, SUITE 204, HUDSON, NY, 12534
- Plan Type: DB
- Total Participants: 0
- 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 | 0 | $1.3M | $139,615 | $0 |
| 2023 | 0 | $1.3M | $131,089 | $0 |
| 2022 | 1 | $1.3M | $197,368 | $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 |
|---|---|---|---|---|
| DERMODY, BURKE & BROWN, CPAS LLC | Auditor | $14,950 | — | $14,950 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,950
- Estimated Expense Ratio: 1.169% 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 | $123,193 | $12,500 | $32,599 | $14,950 | — |
| 2023 | $147,984 | $12,500 | $38,329 | $14,500 | — |
| 2022 | $103,405 | $12,500 | $29,130 | — | $46,142 |