Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Joint Benefit Trust
- Sponsor EIN: 946284253
- Sponsor Address: 4160 DUBLIN BOULEVARD, SUITE 100, DUBLIN, CA, 94568
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,100
- Total Assets: $60.9M
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 | 2,100 | $60.9M | $40.4M | $304,956 |
| 2023 | 1,869 | $59.2M | $40.0M | $395,940 |
| 2022 | 1,902 | $58.7M | $41.4M | $546,579 |
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 & BENEFIT ADMIN INC | Other Service Provider | $3,105,490 | — | $3,105,490 |
| ANTHEM BLUE CROSS OF CALIFORNIA | Other Service Provider | $609,480 | — | $609,480 |
| HEALTH SERVICES FOUNDATION | Other Service Provider | $265,583 | — | $265,583 |
| WITHUMSMITH+BROWN, PC | Auditor | $187,649 | — | $187,649 |
| RAEL & LETSON | Other Service Provider | $135,000 | — | $135,000 |
| BEESON, TAYER & BODINE, APC | ERISA Attorney | $114,441 | — | $114,441 |
| HEALTHCARE STRATEGIES | Other Service Provider | $74,254 | — | $74,254 |
| TRUCKER HUSS, APC | ERISA Attorney | $71,854 | — | $71,854 |
| TEAMSTERS ASST. REB. PLAN | Other Service Provider | $42,565 | — | $42,565 |
| US BANK | Recordkeeper | $28,148 | — | $28,148 |
| CVS CAREMARK | Other Service Provider | $23,081 | — | $23,081 |
| MEDEXPERT INTL. INC | Other Service Provider | $19,000 | — | $19,000 |
| ARRIN CONSULTING | Other Service Provider | $18,752 | — | $18,752 |
| VISION SERVICE PLAN | Other Service Provider | $13,108 | — | $13,108 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $9,240 | $9,240 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
- BEESON, TAYER & BODINE, APC — ERISA Attorney
- TRUCKER HUSS, APC — ERISA Attorney
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,717,645
- Estimated Expense Ratio: 7.742% 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 | $5,031,935 | $175,227 | $3,012,840 | $83,825 | — |
| 2023 | $4,822,784 | $167,580 | $3,012,840 | $76,397 | — |
| 2022 | $4,938,887 | $148,630 | $3,012,840 | — | $542,353 |