Plan Snapshot
- Plan Sponsor: Unite Here Local 274 Legal Services Fund
- Sponsor EIN: 273421780
- Sponsor Address: 1415 NORTH BROAD STREET, PHILADELPHIA, PA, 19122
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 752
- Total Assets: $57,347
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 | 752 | $57,347 | $63,908 | $0 |
| 2023 | 750 | $48,143 | $60,055 | $0 |
| 2022 | 624 | $46,897 | $56,138 | $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 |
|---|---|---|---|---|
| WILLIG WILLIAMS & DAVIDSON | ERISA Attorney | $42,565 | — | $42,565 |
| INNOVATIVE CONSULTING AND SOLUTIONS | Other Service Provider | $5,205 | — | $5,205 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIG WILLIAMS & DAVIDSON — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,770
- Estimated Expense Ratio: 83.300% 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 | $12,139 | — | $5,205 | $4,500 | — |
| 2023 | $14,386 | — | $7,595 | $4,500 | — |
| 2022 | $13,695 | — | $6,825 | — | $4,250 |