Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Solano-Napa Counties Electrical Workers Health
- Sponsor EIN: 946085742
- Sponsor Address: 7180 KOLL CENTER PARKWAY, SUITE 200, PLEASANTON, CA, 94566
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 318
- Total Assets: $8.9M
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 | 318 | $8.9M | $8.3M | $484,378 |
| 2023 | 340 | $9.2M | $8.6M | $516,977 |
| 2022 | 302 | $7.4M | $6.7M | $565,937 |
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 | $209,348 | — | $209,348 |
| WITHUMSMITH+BROWN, PC | Auditor | $122,537 | — | $122,537 |
| NWPS | Recordkeeper | $90,671 | — | $90,671 |
| MCFADDEN & ASSOCIATES INSURANCE SVC | Other Service Provider | $40,116 | — | $40,116 |
| NEYHART, ANDERSON, FLYNN & GROSBOLL | Other Service Provider | $39,467 | — | $39,467 |
| US BANK | Recordkeeper | $28,946 | — | $28,946 |
| SMART SOURCE LLC | Other Service Provider | $14,354 | — | $14,354 |
| VERUS ADVISORY, INC. | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
- NWPS — Recordkeeper
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $555,439
- Estimated Expense Ratio: 6.228% 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 | $591,052 | $10,000 | $204,504 | $34,221 | — |
| 2023 | $505,062 | $10,000 | $203,503 | $12,114 | — |
| 2022 | $519,483 | $37,415 | $189,549 | — | $225,631 |