Plan Snapshot
- Plan Sponsor: San Mateo Hotel Employees & Restaurant Employees Pension Fund
- Sponsor EIN: 946274527
- Sponsor Address: 6800 SANTA TERESA BLVD., SUITE 100, SAN JOSE, CA, 95119
- Plan Type: DB
- Total Participants: 4,444
- Total Assets: $217.2M
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 | 4,444 | $217.2M | $21.2M | $0 |
| 2023 | 4,425 | $174.4M | $18.3M | $0 |
| 2022 | 3,839 | $138.5M | $13.4M | $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 |
|---|---|---|---|---|
| WEALTH ENHANCEMENT GROUP | NONE | $380,297 | — | $380,297 |
| UNITED ADMINISTRATIVE SERVICES | NONE | $300,597 | — | $300,597 |
| WITHUM SMITH & BROWN | NONE | $102,503 | — | $102,503 |
| RHUMBLINE ADVISERS | NONE | $72,014 | — | $72,014 |
| MILLIMAN, INC | NONE | $60,757 | — | $60,757 |
| ATALANTA SOSNOFF CAPITAL | NONE | $54,263 | — | $54,263 |
| US BANK, N.A | NONE | $43,824 | — | $43,824 |
| GARCIA HAMILTON & ASSOCIATES | NONE | $39,443 | — | $39,443 |
| CHARLES SCULLY II | NONE | $24,000 | — | $24,000 |
| PENSION FUND EVALUATIONS | NONE | $21,500 | — | $21,500 |
| INEICH & COMPANY, LLP | NONE | $20,232 | — | $20,232 |
| THE DSF GROUP | NONE | $18,679 | — | $18,679 |
| SMART SOURCE LLC | NONE | $13,531 | — | $13,531 |
| RICHARD J ROMANSKI | NONE | $7,200 | — | $7,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN — NONE
- MILLIMAN, INC — NONE
- US BANK, N.A — NONE
- CHARLES SCULLY II — NONE
- INEICH & COMPANY, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,158,840
- Estimated Expense Ratio: 0.534% 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 | $1,559,642 | $586,196 | $300,597 | $20,232 | — |
| 2023 | $1,382,566 | $467,045 | $281,329 | $19,284 | — |
| 2022 | $1,328,471 | $498,239 | $275,693 | — | $186,752 |