Retirement plan

UNITE HERE! WORKERS AND HOSPITALITY EMPLOYERS VDB PENSION TRUST

Name: BOARD OF TRUSTEE UNITE HERE! WORKERS - UNITE HERE! WORKERS AND HOSPITALITY EMPLOYERS VDB PENSION TRUST (2024) Form 5500
Creator: BOARD OF TRUSTEE UNITE HERE! WORKERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITE HERE! WORKERS AND HOSPITALITY EMPLOYERS VDB PENSION TRUST, BOARD OF TRUSTEE UNITE HERE! WORKERS

BOARD OF TRUSTEE UNITE HERE! WORKERSdba AND HOSPITALITY EMPLOYERS TRUSTEIN 45-4227067Plan #026PY 2024

52 CHURCH STREET, SUITE A - BOSTON, MA 021160000617-451-0318

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$169.1M

+23.8% from 2023

Total participants

7,443

+22.8% from 2023

Average account balance

No prior year

Annual return

8.29%

-2.95 pp from 2023

Benchmarks

See 186 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort186 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$169.07M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$23K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,406

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.29%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
MEKETA INVESTMENT GROUP1 year Filed as: MEKATA INVESTMENT GROUP Service code 27 80 UNIVERSITY AVE · WESTWOOD, MA 02090	Advisory (Plan)	$176,147
EMPLOYEE FIDUCIARY, LLC10+ years Filed as: EMPLOYEE A Service code 30 · EIN 45-4227067	Employee (plan); Direct payment from ...	$139,945
WILMINGTON TRUST3 years Service code 19 1100 NORTH MARKET STREET · WILMINGTON, DE 19890	Securities Custodian	$138,334
CHEIRON10+ years Service code 11 · EIN 13-4215617	Actuarial	$127,363
GREENBERG TRAURIG1 year Service code 23 · EIN 13-3613083	Direct payment from the plan; Insuran...	$78,500
MCCRACKEN, STEMERMAN & HOLSBERRY8 years Filed as: MCCRACKEN, STEMERMAN & HOLSBERRY,LL Service code 23 · EIN 94-1709555	Direct payment from the plan; Insuran...	$77,262
EMPLOYEE FIDUCIARY, LLC10+ years Filed as: EMPLOYEE C Service code 30 · EIN 45-4227067	Direct payment from the plan; Employe...	$60,071
EMPLOYEE FIDUCIARY, LLC10+ years Filed as: EMPLOYEE D Service code 30 · EIN 45-4227067	Direct payment from the plan; Employe...	$60,071
EMPLOYEE FIDUCIARY, LLC10+ years Filed as: EMPLOYEE B Service code 30 · EIN 45-4227067	Employee (plan); Direct payment from ...	$44,924
EMPLOYEE FIDUCIARY, LLC10+ years Filed as: EMPLOYEE E Service code 30 · EIN 45-4227067	Employee (plan); Direct payment from ...	$38,777

Enrolled actuary

1 attachment

Free accounts unlock saves, downloads, and 3-year history.

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.6M

$266 / participant

Investment mgmt$366K22.8%
Actuarial$127K7.9%
Other / not subdivided$1M69.3%

% of EOY assets

0.949%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: $25,500
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,886-100.0%

Participation rate

0.0%

0.0%0pp

11.1%-11.1pp

0.0%0pp

Annual return

8.29%

8.48%-0.2pp

7.29%+1.0pp

8.48%-0.2pp

Employer contribution / active EE

$3,982

$9,949-60.0%

$20,019-80.1%

$9,949-60.0%

Participant deferral / active EE

$734-100.0%

$31-100.0%

$734-100.0%

Admin fee / account holder

$5-100.0%

Provider

Service type

Compensation

MEKETA INVESTMENT GROUP1 year

Filed as: MEKATA INVESTMENT GROUP

Service code 27

80 UNIVERSITY AVE · WESTWOOD, MA 02090

Advisory (Plan)

$176,147

EMPLOYEE FIDUCIARY, LLC10+ years

Filed as: EMPLOYEE A

Service code 30 · EIN 45-4227067

Employee (plan); Direct payment from ...

$139,945

WILMINGTON TRUST3 years

Service code 19

1100 NORTH MARKET STREET · WILMINGTON, DE 19890

Securities Custodian

$138,334

CHEIRON10+ years

Service code 11 · EIN 13-4215617

Actuarial

$127,363

GREENBERG TRAURIG1 year

Service code 23 · EIN 13-3613083

Direct payment from the plan; Insuran...

$78,500

MCCRACKEN, STEMERMAN & HOLSBERRY8 years

Filed as: MCCRACKEN, STEMERMAN & HOLSBERRY,LL

Service code 23 · EIN 94-1709555

Direct payment from the plan; Insuran...

$77,262

EMPLOYEE FIDUCIARY, LLC10+ years

Filed as: EMPLOYEE C

Service code 30 · EIN 45-4227067

Direct payment from the plan; Employe...

$60,071

EMPLOYEE FIDUCIARY, LLC10+ years

Filed as: EMPLOYEE D

Service code 30 · EIN 45-4227067

Direct payment from the plan; Employe...

$60,071

EMPLOYEE FIDUCIARY, LLC10+ years

Filed as: EMPLOYEE B

Service code 30 · EIN 45-4227067

Employee (plan); Direct payment from ...

$44,924

EMPLOYEE FIDUCIARY, LLC10+ years

Filed as: EMPLOYEE E

Service code 30 · EIN 45-4227067

Employee (plan); Direct payment from ...

$38,777

UNITE HERE! WORKERS AND HOSPITALITY EMPLOYERS VDB PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITE HERE! WORKERS AND HOSPITALITY EMPLOYERS VDB PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion