Plan Snapshot
- Plan Sponsor: Board Of Trustees Agc-Iuoe Local Of Agc-Iuoe Local 701 Pension Trust
- Sponsor EIN: 936075580
- Sponsor Address: PO BOX 34203, SEATTLE, WA, 98124
- Plan Type: DB
- Total Participants: 1,882
- Total Assets: $358.2M
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 | 1,882 | $358.2M | $20.6M | $0 |
| 2023 | 2,218 | $342.2M | $20.4M | $0 |
| 2022 | 2,236 | $318.1M | $19.6M | $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 |
|---|---|---|---|---|
| WELFARE & PENSION ADMIN SVC, INC | NONE | $686,443 | — | $686,443 |
| BANK OF NEW YORK MELLON | NONE | $316,200 | — | $316,200 |
| WASHINGTON CAPITAL MANAGEMENT | NONE | $312,352 | — | $312,352 |
| NEPC, LLC | NONE | $146,991 | — | $146,991 |
| ASB CAPITAL MANAGEMENT LLC | NONE | $135,765 | — | $135,765 |
| MILLIMAN, INC. | NONE | $131,198 | — | $131,198 |
| RICE HALL JAMES & ASSOCIATES LLC | NONE | $81,832 | — | $81,832 |
| SEGALL BRYANT & HAMILL | NONE | $81,709 | — | $81,709 |
| QUEST INVESTMENT MANAGEMENT LLC | NONE | $77,712 | — | $77,712 |
| BARLOW COUGHRAN MORALES & JOSEPSON | NONE | $71,322 | — | $71,322 |
| THE UNION LABOR LIFE INSURANCE CO | NONE | $64,688 | — | $64,688 |
| DODGE & COX | NONE | $52,080 | — | $52,080 |
| AGC-IUOE LOCAL 701 TRAINING TRUST | NONE | $46,895 | — | $46,895 |
| CLIFTONLARSONALLEN LLP | Auditor | $42,857 | — | $42,857 |
| PLATFORM CPAS, LLP | NONE | $38,357 | — | $38,357 |
| US BANK NA | NONE | $36,540 | — | $36,540 |
| PRINCIPAL FINANCIAL GROUP | NONE | $9,204 | — | $9,204 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC, LLC — NONE
- MILLIMAN, INC. — NONE
- THE UNION LABOR LIFE INSURANCE CO — NONE
- CLIFTONLARSONALLEN LLP — Auditor
- PLATFORM CPAS, LLP — NONE
- US BANK NA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,332,145
- Estimated Expense Ratio: 0.651% 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 | $2,870,865 | $1,305,869 | $658,501 | $42,857 | — |
| 2023 | $2,993,862 | $1,293,722 | $682,060 | $52,100 | — |
| 2022 | $2,571,187 | $1,294,955 | $673,936 | — | $222,512 |