Plan Snapshot
- Plan Sponsor: Board Of Trustees, Marine Carpenters Pension Fund
- Sponsor EIN: 946272731
- Sponsor Address: PO BOX 2510, SAN RAMON, CA, 94583
- Plan Type: DB
- Plan Number: 001
- Total Participants: 146
- Total Assets: $88.8M
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 | 146 | $88.8M | $1.0M | $0 |
| 2023 | 161 | $56.5M | $1.2M | $0 |
| 2022 | 160 | $55.6M | $1.1M | $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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $233,965 | — | $233,965 |
| THE SEGAL COMPANY | Recordkeeper | $148,043 | — | $148,043 |
| QUEST INVESTMENT MGMT INC. | Other Service Provider | $56,792 | — | $56,792 |
| VERUS ADVISORY INC | Other Service Provider | $50,000 | — | $50,000 |
| LAW OFFICES OF CARROLL AND SCULLY | Recordkeeper | $37,603 | — | $37,603 |
| U.S. BANK | Recordkeeper | $25,186 | — | $25,186 |
| MILLER KAPLAN ARASE LLP | Auditor | $19,760 | — | $19,760 |
| SMART SOURCE LLC | Other Service Provider | $9,536 | — | $9,536 |
| WITHUMSMITH+BROWN PC | Auditor | $7,936 | — | $7,936 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $5,301 | $5,301 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- LAW OFFICES OF CARROLL AND SCULLY — Recordkeeper
- U.S. BANK — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- WITHUMSMITH+BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $594,122
- Estimated Expense Ratio: 0.669% 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 | $690,509 | $106,792 | $233,965 | $19,760 | — |
| 2023 | $685,496 | $105,144 | $232,262 | $19,760 | — |
| 2022 | $689,972 | $114,222 | $219,603 | — | $243,184 |