Plan Snapshot
- Plan Sponsor: United Steelworkers Local 286 Legal Services Plan
- Sponsor EIN: 232194292
- Sponsor Address: 410-24 N. 8TH STREET, PHILADELPHIA, PA, 191233903
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,166
- Total Assets: $976,520
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 | 2,166 | $976,520 | $689,659 | $0 |
| 2023 | 1,007 | $818,021 | $2,830 | $0 |
| 2022 | 864 | $1.3M | $588,375 | $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 |
|---|---|---|---|---|
| SPEAR WILDERMAN,P.C. | Other Service Provider | $207,761 | — | $207,761 |
| USW DISTRICT 10 LOCAL 286 UNION | Other Service Provider | $166,572 | — | $166,572 |
| CARLO SIMONE, III | Other Service Provider | — | $49,419 | $49,419 |
| NOVAK FRANCELLA LLC | Auditor | $30,592 | — | $30,592 |
| RAIBLE,CORNAGLIA,WENSTROM & RAIBLE | Other Service Provider | $16,000 | — | $16,000 |
| LITTLER MENDELSON, PC | Other Service Provider | $11,500 | — | $11,500 |
| FOSTER & FOSTER, INC. | Other Service Provider | $10,350 | — | $10,350 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $492,194
- Estimated Expense Ratio: 50.403% 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 | $384,935 | — | — | $19,624 | — |
| 2023 | $272,514 | — | — | $19,630 | — |
| 2022 | $270,416 | — | — | — | $63,166 |