Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Int'L Union Of Operating Engineers Local 501 Indi
- Sponsor EIN: 815319756
- Sponsor Address: 1050 LAKE DRIVE, SUITE 120, WEST COVINA, CA, 917902930
- Plan Type: DC
- Total Participants: 5,519
- Total Assets: $83.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,519 | $83.7M | $14.7M | $0 |
| 2023 | 5,355 | $67.0M | $14.3M | $0 |
| 2022 | 4,960 | $49.1M | $13.3M | $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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | NONE | $368,509 | — | $368,509 |
| BENESYS, INC | NONE | $132,328 | — | $132,328 |
| WITHUMSMITH+BROWN, PC | NONE | $126,034 | — | $126,034 |
| WEINBERG, ROGER & ROSENFELD | NONE | $68,544 | — | $68,544 |
| SMART SOURCE | NONE | $37,724 | — | $37,724 |
| RAEL & LETSON | NONE | $13,233 | — | $13,233 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — NONE
- WITHUMSMITH+BROWN, PC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $746,372
- Estimated Expense Ratio: 0.892% 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 | $802,014 | $365,320 | $130,497 | $51,841 | — |
| 2023 | $518,802 | $268,365 | $83,053 | $29,968 | — |
| 2022 | $405,642 | $206,434 | $79,593 | — | $91,946 |