MEMORANDUM AND ORDER

CARLOS MURGUIA, District Judge.

This matter is before the court on plaintiffs' Motion for Default Judgment (Doc. 6).1 On December 29, 2015, plaintiffs filed this action, seeking monetary damages pursuant to §§ 502 and 515 of the Employee Retirement Income Security Act of 1974 ("ERISA"), 29 U.S.C. §§ 1132 and 1145. (See Doc. 1 at 1 ¶ 2.) Plaintiffs allege that defendant, South Buffalo Electric, Inc., failed to comply with its statutory and contractual obligations to the plaintiff funds arising from defendant's collective bargaining agreement with the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers and Helpers, AFL-CIO and its affiliated local unions. Plaintiffs now seek a judgment by default against defendant in the following amounts:

Plaintiffs filed their complaint on December 29, 2015. (See Doc. 1.) A process server served the complaint by personal service on defendant's registered agent in Buffalo, New York, on December 31, 2015. (See Doc. 2.) Defendant did not respond to the complaint, and on January 26, 2016, plaintiffs filed their Verified Application for Entry of Default (Doc. 4). The clerk entered default the nfollowing day. (See Doc. 5.) On February 9, 2016, plaintiffs filed the pending motion. (See Doc. 6.)

The court has subject matter and personal jurisdiction of defendant pursuant to 29 U.S.C. §§ 1132(e) and 1145, and 28 U.S.C. § 1331.2 ERISA requires the Court to award all unpaid contributions to any fund when a fiduciary brings an action to recover contributions under Section 515 of the statute. See 29 U.S.C. § 1132(g)(2)(A). Therefore, judgment in the amount of $12,857.28 is proper.

ERISA grants recovery of liquidated damages as provided for under the plan in an amount not in excess of twenty percent of the unpaid contribution amount determined by the court. See 29 U.S.C. § 1132(g)(2)(C). The plaintiff plans' Board of Trustees have adopted a policy under which the plans impose liquidated damages at a rate of twelve percent of the unpaid contribution amount. (See Doc. 6-1 at 2 ¶ 4.) Therefore, judgment for plaintiffs for liquidated damages in the amount of $1,542.88 is proper.

ERISA requires recovery of interest accrued on an employer's unpaid contributions into a qualified ERISA plan. See 29 U.S.C. § 1132(g)(2)(B). Interest on unpaid contributions is determined by using the rate provided under the plan, or if none is provided under the plan, the rate prescribed under Section 6621 of Title 26. See id. at § 1132(g)(2). Plaintiffs request $400.40 in accrued interest, which represents interest accrued through January 31, 2016, at the rate of twelve percent per annum upon the delinquent contributions and liquidated damages as permitted per the plan from the September through November 2015 due dates. (See Doc. 6-1 at 2-3 ¶¶ 6-7.) Accordingly, judgment in the amount of $400.40 is proper.

ERISA permits recovery of reasonable attorney's fees and costs incurred during any action to enforce an employer's payment into a qualified plan. See 29 U.S.C. § 1132(g)(2)(D). Plaintiffs request judgment against defendant for attorney's fees in the amount of $1,700.00 and costs in the amount of $556.25. Plaintiffs' complaint does not allege a specific amount of fees and costs incurred, but the motion for default judgment establishes that plaintiffs' counsel has billed plaintiffs for 6.4 hours of attorney's time at the rate of $200 per hour and 4.2 hours of paralegal's time at the rate of $100 per hour.3 Accordingly, the total fee for legal services incurred through January 24, 2016, billed to the plaintiffs is $1,700.00. Plaintiffs' counsel billed plaintiffs $556.25 in expenses—$400 for the filing fee in this action and $156.25 for service of process. Because plaintiffs gave notice in their complaint of their general intention to seek costs and fees under Section 502(g)(2), and they now specify the exact amount of costs and fees incurred, the court grants plaintiffs' request for $1,700.00 in fees and $556.25 in costs.

IT IS THEREFORE ORDERED that plaintiffs' Motion for Default Judgment (Doc. 6) is granted. The clerk is directed to enter default judgment against defendant South Buffalo Electric, Inc. and in favor of plaintiffs in the following amounts: