Plan Snapshot
- Plan Sponsor: Board Of Trustees Ara Pension And Welfare Plan
- Sponsor EIN: 136083690
- Sponsor Address: 1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 945026594
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 64
- Total Assets: $23.3M
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 | 64 | $23.3M | $915,381 | $163,706 |
| 2023 | 57 | $20.9M | $834,383 | $161,545 |
| 2022 | 57 | $18.0M | $767,947 | $131,922 |
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 |
|---|---|---|---|---|
| BARRY BASEL | Recordkeeper | $62,503 | — | $62,503 |
| MERITAIN HEALTH | Other Service Provider | $60,970 | — | $60,970 |
| THE SEGAL COMPANY | Recordkeeper | $51,567 | — | $51,567 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $42,313 | — | $42,313 |
| PROSKAUER ROSE LLP | Other Service Provider | $38,706 | — | $38,706 |
| BALDWIN MOFFITT BEHM LLP | Other Service Provider | $28,328 | — | $28,328 |
| LAW OFFICE OF EDWIN A STEINBERG | Other Service Provider | $24,027 | — | $24,027 |
| SEGAL SELECT INSURANCE | Other Service Provider | $20,413 | — | $20,413 |
| AMALGAMATED BANK | Other Service Provider | $12,135 | — | $12,135 |
| SEGAL MARCO CONSULTING | Other Service Provider | $6,694 | — | $6,694 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARRY BASEL — Recordkeeper
- THE SEGAL COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $347,656
- Estimated Expense Ratio: 1.493% 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 | $319,180 | $6,694 | $42,000 | $28,328 | — |
| 2023 | $475,068 | $5,355 | $41,400 | $27,598 | — |
| 2022 | $476,442 | — | $29,700 | — | $156,110 |