Plan Snapshot
- Plan Sponsor: Board Of Trustees, Employers-Shopmen'S Local 516
- Sponsor EIN: 930656480
- Sponsor Address: 12205 SW TUALATIN RD STE 200, TUALATIN, OR, 97062
- Plan Type: DB
- Total Participants: 472
- Total Assets: $74.3M
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 | 472 | $74.3M | $1.7M | $0 |
| 2023 | 575 | $74.8M | $1.4M | $0 |
| 2022 | 650 | $74.2M | $1.5M | $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 |
|---|---|---|---|---|
| J.P. MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $349,422 | — | $349,422 |
| THE SEGAL COMPANY (WESTERN STATES) | Recordkeeper | $130,160 | — | $130,160 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $86,791 | — | $86,791 |
| ALAN BILER AND ASSOCIATES | ERISA Attorney | $85,750 | — | $85,750 |
| PRINCIPAL BANK | Other Service Provider | $32,373 | — | $32,373 |
| BLACKROCK INSTITUTIONAL TRUST | Other Service Provider | $26,599 | — | $26,599 |
| PLATFORM CPAS, LLP | Auditor | $17,276 | — | $17,276 |
| OGLETREE DEAKINS ET AL | Other Service Provider | $10,395 | — | $10,395 |
| WELLS FARGO BANK | Other Service Provider | $6,969 | — | $6,969 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT MANAGEMENT — Recordkeeper
- THE SEGAL COMPANY (WESTERN STATES) — Recordkeeper
- ALAN BILER AND ASSOCIATES — ERISA Attorney
- PLATFORM CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $745,735
- Estimated Expense Ratio: 1.003% 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 | $845,379 | $446,408 | $86,791 | $17,276 | — |
| 2023 | $658,661 | $283,098 | $84,000 | $24,130 | — |
| 2022 | $581,857 | $231,856 | $84,000 | — | $133,741 |