Plan Snapshot
- Plan Sponsor: Board Of Trustees, Kern County Electrical Workers
- Sponsor EIN: 956123049
- Sponsor Address: 3805 N SILLECT AVE, BAKERSFIELD, CA, 93308
- Plan Type: DB
- Total Participants: 853
- Total Assets: $200.9M
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 | 853 | $200.9M | $14.2M | $0 |
| 2023 | 689 | $180.7M | $12.6M | $0 |
| 2022 | 652 | $162.2M | $10.7M | $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 |
|---|---|---|---|---|
| MARCO CONSULTING GROUP | Other Service Provider | $286,267 | — | $286,267 |
| THE SEGAL COMPANY | Recordkeeper | $99,716 | — | $99,716 |
| ULLICO INVESTMENT ADVISORS, INC. | Other Service Provider | $70,641 | — | $70,641 |
| MILLER KAPLAN ARASE LLP | Auditor | $64,099 | — | $64,099 |
| EMPLOYEE 1 | Recordkeeper | $57,175 | — | $57,175 |
| EMPLOYEE 2 | Recordkeeper | $43,861 | — | $43,861 |
| NEW TOWER TRUST COMPANY | Other Service Provider | $41,497 | — | $41,497 |
| TIFFANY LENA | Other Service Provider | $40,310 | — | $40,310 |
| COMERICA BANK | Other Service Provider | $14,977 | — | $14,977 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- EMPLOYEE 1 — Recordkeeper
- EMPLOYEE 2 — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $718,543
- Estimated Expense Ratio: 0.358% 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 | $895,812 | $400,061 | — | $25,400 | — |
| 2023 | $813,760 | $375,773 | — | $25,200 | — |
| 2022 | $767,519 | $344,704 | — | — | $200,691 |