Local 1102 401(k) Retirement Plan retirement plan: assets, participants and fees
What Local 1102 401(k) Retirement Plan's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 39 defined-contribution plans in accommodation and food services with 1,000 to 4,999 participants.
| Local 1102 401(k) Retirement Plan: employer contribution per participant | $845 | |
| Peer median | $974 |
| Local 1102 401(k) Retirement Plan: average balance | $12,978 | |
| Peer median | $36,444 |
| Local 1102 401(k) Retirement Plan: admin expenses ÷ assets | 2.47% | |
| Peer median | 0.25% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $18.4M at the end of plan year 2021 to $24.2M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 2,258 | $24.2M | $1.6M | $845 | 2.47% | Not published | Form 5500 ↗ |
| 2024 | 2,487 | $21.1M | $1.5M | $785 | 2.43% | Not published | Form 5500 ↗ |
| 2023 | 2,079 | $18.7M | $1.5M | $872 | 2.57% | Not published | Form 5500 ↗ |
| 2022 | 2,392 | $16.3M | $1.5M | $810 | 2.44% | Not published | Form 5500 ↗ |
| 2021 | 2,134 | $18.4M | $989K | $628 | 2.39% | Not published | Form 5500 ↗ |
Common questions
Does Local 1102 401(k) Retirement Plan match 401(k) contributions?
The match terms for the Local 1102 401(k) Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $1.6M in employer contributions, about $845 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Local 1102 401(k) Retirement Plan 401(k) match vested?
The vesting schedule for the Local 1102 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Local 1102 401(k) Retirement Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Local 1102 401(k) Retirement Plan.
I left Local 1102 401(k) Retirement Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Local 1102 401(k) Retirement Plan, (516) 683-1102) or the recordkeeper, Principal Life Insurance Company. The Local 1102 401(k) Retirement Plan old 401(k) page lists the contacts from every plan filing. Find an old Local 1102 401(k) Retirement Plan 401(k)
Data from the public Form 5500 annual reports Local 1102 401(k) Retirement Plan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Local 1102 401(k) Retirement Plan. Not financial advice. Report a correction · Methodology