Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Automotive Industries Welfare Plan
- Sponsor EIN: 946078226
- Sponsor Address: 4160 DUBLIN BLVD., SUITE 100, DUBLIN, CA, 94568
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,517
- Total Assets: $51.7M
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 | 3,517 | $51.7M | $52.1M | $210,394 |
| 2023 | 3,548 | $50.9M | $48.7M | $159,822 |
| 2022 | 2,942 | $49.1M | $45.7M | $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 |
|---|---|---|---|---|
| HEALTH SERVICES & BENEFITS ADMINST | Other Service Provider | $1,407,748 | — | $1,407,748 |
| WITHUMSMITH+BROWN, PC | Auditor | $386,881 | — | $386,881 |
| ANTHEM BLUE CROSS | Other Service Provider | $197,668 | — | $197,668 |
| THE SEGAL COMPANY | Recordkeeper | $142,930 | $37,003 | $179,933 |
| CHARLES BESOCKE | Other Service Provider | $171,665 | — | $171,665 |
| DELTA DENTAL OF CALIFORNIA | Other Service Provider | $171,106 | — | $171,106 |
| GRAYSTONE CONSULTING/MORGAN STANLEY | Other Service Provider | $128,360 | — | $128,360 |
| SALTZMAN & JOHNSON LAW CORPORATION | Other Service Provider | $75,032 | — | $75,032 |
| WEX HEALTH, INC. | ERISA Attorney | $34,489 | $12,882 | $47,371 |
| MACKAY SHIELDS LLC | Recordkeeper | — | $38,588 | $38,588 |
| FREMONT BANK | Other Service Provider | $36,000 | — | $36,000 |
| OPTUMRX, INC. | Other Service Provider | $27,843 | — | $27,843 |
| RSP PRINTING | Other Service Provider | $27,052 | — | $27,052 |
| NFP | Other Service Provider | — | $11,056 | $11,056 |
| STEVE SOWINSKI | Custodian / Trustee | $5,961 | — | $5,961 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
- THE SEGAL COMPANY — Recordkeeper
- WEX HEALTH, INC. — ERISA Attorney
- MACKAY SHIELDS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,912,264
- Estimated Expense Ratio: 5.631% 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 | $2,925,590 | $129,586 | $1,545,939 | $51,118 | — |
| 2023 | $2,753,643 | $84,430 | $1,442,293 | $52,602 | — |
| 2022 | $2,699,338 | $72,276 | $1,307,208 | — | $799,739 |