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 | Other Service Provider | $686,443 | — | $686,443 |
| BANK OF NEW YORK MELLON | Other Service Provider | $316,200 | — | $316,200 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $312,352 | — | $312,352 |
| NEPC, LLC | Recordkeeper | $146,991 | — | $146,991 |
| ASB CAPITAL MANAGEMENT LLC | Other Service Provider | $135,765 | — | $135,765 |
| MILLIMAN, INC. | Recordkeeper | $131,198 | — | $131,198 |
| RICE HALL JAMES & ASSOCIATES LLC | Other Service Provider | $81,832 | — | $81,832 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $81,709 | — | $81,709 |
| QUEST INVESTMENT MANAGEMENT LLC | Other Service Provider | $77,712 | — | $77,712 |
| BARLOW COUGHRAN MORALES & JOSEPSON | Other Service Provider | $71,322 | — | $71,322 |
| THE UNION LABOR LIFE INSURANCE CO | Recordkeeper | $64,688 | — | $64,688 |
| DODGE & COX | Other Service Provider | $52,080 | — | $52,080 |
| AGC-IUOE LOCAL 701 TRAINING TRUST | Other Service Provider | $46,895 | — | $46,895 |
| PLATFORM CPAS, LLP | Auditor | $38,357 | — | $38,357 |
| US BANK NA | Recordkeeper | $36,540 | — | $36,540 |
| PRINCIPAL FINANCIAL GROUP | Other Service Provider | $9,204 | — | $9,204 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC, LLC — Recordkeeper
- MILLIMAN, INC. — Recordkeeper
- THE UNION LABOR LIFE INSURANCE CO — Recordkeeper
- PLATFORM CPAS, LLP — Auditor
- US BANK NA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,289,288
- Estimated Expense Ratio: 0.639% 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 |