Plan Snapshot
- Plan Sponsor: Board Of Trustees, General Employees Trust Fund
- Sponsor EIN: 237404790
- Sponsor Address: 1000 MARINA BLVD STE 400, BRISBANE, CA, 94005
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 13,621
- Total Assets: $203.5M
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 | 13,621 | $203.5M | $217.8M | $59,463 |
| 2023 | 13,331 | $178.8M | $207.3M | $123,079 |
| 2022 | 12,879 | $161.0M | $193.1M | $123,651 |
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 |
|---|---|---|---|---|
| OPTUM RX, INC. | Other Service Provider | $4,817,699 | — | $4,817,699 |
| NORTHWEST ADMINISTRATORS, INC. | Other Service Provider | $2,675,115 | — | $2,675,115 |
| ANTHEM BLUE CROSS | Other Service Provider | $1,069,584 | — | $1,069,584 |
| DELTA DENTAL OF CALIFORNIA | Other Service Provider | $330,407 | — | $330,407 |
| NATIONAL COMPLIANCE SERVICES | Other Service Provider | $305,250 | — | $305,250 |
| HMC HEALTHWORKS | Other Service Provider | $280,065 | — | $280,065 |
| MILLIMAN | Recordkeeper | $220,630 | — | $220,630 |
| CHARTWELL INVESTMENT PARTNERS, LLC | Other Service Provider | $171,007 | — | $171,007 |
| DENISE SOLIS | Custodian / Trustee | $91,880 | — | $91,880 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $88,081 | — | $88,081 |
| RICHARD J. ROMANSKI | Other Service Provider | $85,200 | — | $85,200 |
| MILLER KAPLAN ARASE LLP | Auditor | $79,300 | — | $79,300 |
| BEESON, TAYER, & BODINE APC | ERISA Attorney | $74,976 | — | $74,976 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $64,485 | — | $64,485 |
| KRAW LAW GROUP | Other Service Provider | $59,000 | — | $59,000 |
| TIM BREKKE | Custodian / Trustee | $34,794 | — | $34,794 |
| GEORGE HERNANDEZ | Custodian / Trustee | $34,510 | — | $34,510 |
| THE HOUSE OF PRINTING | Other Service Provider | $31,688 | — | $31,688 |
| JIM BEARD | Custodian / Trustee | $30,500 | — | $30,500 |
| RYAN NAAN | Custodian / Trustee | $28,250 | — | $28,250 |
| WEST COAST MAILERS | Other Service Provider | $28,211 | — | $28,211 |
| STEPHEN HORN INSURANCE SERVICES | Investment Advisor | — | $16,802 | $16,802 |
| SERVICE PRINTING CO | Other Service Provider | $16,060 | — | $16,060 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $12,691 | — | $12,691 |
| IRON MOUNTAIN | Other Service Provider | $11,174 | — | $11,174 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- BEESON, TAYER, & BODINE APC — ERISA Attorney
- STEPHEN HORN INSURANCE SERVICES — Investment Advisor
- US BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,657,359
- Estimated Expense Ratio: 5.237% 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 | $4,757,234 | $319,088 | $2,675,115 | $33,000 | — |
| 2023 | $4,553,939 | $378,807 | $2,558,291 | $31,400 | — |
| 2022 | $4,255,484 | $443,602 | $2,355,753 | — | $821,383 |