Plan Snapshot
- Plan Sponsor: Board Of Trustees, California Ironworkers Field Welfare Plan
- Sponsor EIN: 956042868
- Sponsor Address: 131 N. EL MOLINO AVENUE, SUITE 330, PASADENA, CA, 91101
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 8,550
- Total Assets: $257.5M
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 | 8,550 | $257.5M | $183.8M | $17.8M |
| 2023 | 9,903 | $269.2M | $204.4M | $16.8M |
| 2022 | 11,394 | $260.1M | $185.8M | $17.0M |
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 |
|---|---|---|---|---|
| EVERSIDE HEALTH, LLC | Other Service Provider | $14,792,458 | — | $14,792,458 |
| IRONWORKERS EMPLOYEES' BENEFIT CORP | Other Service Provider | $3,729,338 | — | $3,729,338 |
| ANTHEM BLUE CROSS LIFE & HEALTH | Other Service Provider | $2,585,661 | — | $2,585,661 |
| DELTA DENTAL OF CALIFORNIA | Other Service Provider | $535,834 | — | $535,834 |
| OPTUM RX INC. | Other Service Provider | $290,204 | $40,902 | $331,106 |
| KRAW LAW GROUP, APC | Other Service Provider | $228,710 | — | $228,710 |
| MILLIMAN, INC. | Recordkeeper | $200,000 | — | $200,000 |
| WITHUMSMITH+BROWN, PC | Auditor | $177,671 | — | $177,671 |
| LOGICALIS, INC. | Other Service Provider | $92,052 | — | $92,052 |
| TOP TIER RESOURCES, INC. | Other Service Provider | $77,801 | — | $77,801 |
| IRON MOUNTAIN INC. | Other Service Provider | $57,603 | — | $57,603 |
| WELLS FARGO BANK, N.A. | Other Service Provider | $56,223 | — | $56,223 |
| LEVEL 3 FINANCING, INC. | Other Service Provider | $46,201 | — | $46,201 |
| ROTH STAFFING COMPANIES LP | Other Service Provider | $39,349 | — | $39,349 |
| PACIFIC HEALTH ALLIANCE | Other Service Provider | $33,585 | — | $33,585 |
| MARSH MCLENNAN COMPANIES, INC | Investment Advisor | — | $21,922 | $21,922 |
| NTH GENERATION COMPUTING, INC | Other Service Provider | $19,625 | — | $19,625 |
| RVK, INC. | Other Service Provider | $6,070 | — | $6,070 |
| HOUSE OF PRINTING INC. | Other Service Provider | $5,054 | — | $5,054 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- MARSH MCLENNAN COMPANIES, INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,036,263
- Estimated Expense Ratio: 8.948% 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 | $6,346,499 | $61,009 | — | $179,350 | — |
| 2023 | $6,478,134 | $63,188 | — | $131,343 | — |
| 2022 | $5,513,508 | $61,062 | $2,856,895 | — | $695,159 |