Plan Snapshot
- Plan Sponsor: Unite Here Mid Atlantic Training And Scholarship Fund
- Sponsor EIN: 454351353
- Sponsor Address: 1415 NORTH BROAD STREET, PHILADELPHIA, PA, 19122
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,642
- Total Assets: $727,163
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 | 4,642 | $727,163 | $186,216 | $0 |
| 2023 | 4,330 | $648,671 | $200,066 | $0 |
| 2022 | 2,873 | $565,330 | $124,253 | $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 |
|---|---|---|---|---|
| INNOVATIVE CONSULTING AND SOLUTIONS | Other Service Provider | $28,168 | — | $28,168 |
| WILLIG WILLIAMS AND DAVIDSON | ERISA Attorney | $11,607 | — | $11,607 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIG WILLIAMS AND DAVIDSON — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,775
- Estimated Expense Ratio: 5.470% 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 | $48,893 | — | $28,168 | $4,500 | — |
| 2023 | $51,134 | — | $22,881 | $4,500 | — |
| 2022 | $26,096 | — | $3,900 | — | $18,104 |