Plan Snapshot
- Plan Sponsor: Teamsters Union Local No. 115 Legal Services Fund
- Sponsor EIN: 231994976
- Sponsor Address: 10965 DECATUR ROAD, PHILADELPHIA, PA, 19154
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 1,863
- Total Assets: $20.4M
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 | 1,863 | $20.4M | $1.2M | $0 |
| 2023 | 1,875 | $18.0M | $1.1M | $0 |
| 2022 | 1,772 | $15.7M | $1.1M | $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 |
|---|---|---|---|---|
| WILLIAM BLAIR | Other Service Provider | $100,170 | — | $100,170 |
| MARKOWITZ & RICHMAN | Other Service Provider | $66,854 | — | $66,854 |
| LAW OFFICE OF ANDREW ROSEMAN | Other Service Provider | $66,640 | — | $66,640 |
| PATRICK COOPER, ESQ. | Other Service Provider | $49,500 | — | $49,500 |
| LAW OFFICES - JOSEPH L. LONDON | Other Service Provider | $41,098 | — | $41,098 |
| NUGENT LAW | Other Service Provider | $40,245 | — | $40,245 |
| SADEK LAW OFFICES, LLC | Other Service Provider | $34,225 | — | $34,225 |
| UNDERWOOD & MICKLIN, LLC | Other Service Provider | $24,320 | — | $24,320 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $22,113 | — | $22,113 |
| RAFFAELE & PUPPIO, LLP | Other Service Provider | $21,724 | — | $21,724 |
| NOVAK FRANCELLA LLC | Auditor | $15,315 | — | $15,315 |
| MAX KRAMER ESQ | Other Service Provider | $10,947 | — | $10,947 |
| DIANA SCHIMMEL, ESQ. | Other Service Provider | $6,000 | — | $6,000 |
| MANEY GORDEN ZELLER, P.A. | Other Service Provider | $5,983 | — | $5,983 |
| MORGAN STANLEY | Recordkeeper | $5,475 | — | $5,475 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $510,609
- Estimated Expense Ratio: 2.500% 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 | $298,620 | $5,475 | — | $14,200 | — |
| 2023 | $263,961 | $5,515 | — | $15,266 | — |
| 2022 | $231,847 | $4,106 | — | — | $27,399 |