Plan Snapshot
- Plan Sponsor: Board Of Trustees, Electrical Workers Health & Welfare
- Sponsor EIN: 946085741
- Sponsor Address: 1330 ARNOLD DR STE 250, MARTINEZ, CA, 94553
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 732
- Total Assets: $26.5M
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 | 732 | $26.5M | $23.1M | $1.5M |
| 2023 | 801 | $25.2M | $24.9M | $1.2M |
| 2022 | 739 | $20.0M | $19.8M | $1.3M |
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 |
|---|---|---|---|---|
| SAVRX PRESCRIPTION SERVICES | Other Service Provider | $684,917 | — | $684,917 |
| ANTHEM BLUE CROSS | Other Service Provider | $280,045 | — | $280,045 |
| CCC ELECTRICAL IND LABOR MGMT CO TR | Other Service Provider | $239,952 | — | $239,952 |
| SOLXSYS | Other Service Provider | $94,373 | — | $94,373 |
| RAEL & LETSON | Other Service Provider | $66,564 | — | $66,564 |
| MILLER KAPLAN ARASE LLP | Auditor | $51,146 | — | $51,146 |
| NEYHART, ANDERSON, FLYNN & GROSBOLL | Other Service Provider | $33,717 | — | $33,717 |
| LANTAN AND ASSOCIATES | Other Service Provider | $28,000 | — | $28,000 |
| AABCO | Other Service Provider | $19,435 | — | $19,435 |
| BEAT IT EAP | Other Service Provider | $8,118 | — | $8,118 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,506,267
- Estimated Expense Ratio: 5.676% 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 | $598,385 | — | $239,952 | $28,000 | — |
| 2023 | $1,088,982 | $2,540 | $323,479 | — | — |
| 2022 | $504,956 | $3,888 | $163,467 | — | $215,371 |