Plan Snapshot
- Plan Sponsor: Board Of Trustees, Opeiu Locals 30 And 537
- Sponsor EIN: 956047601
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA, 90017
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,221
- Total Assets: $15.2M
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 | 1,221 | $15.2M | $6.6M | $308,650 |
| 2023 | 1,235 | $14.5M | $7.3M | $374,823 |
| 2022 | 1,335 | $12.9M | $7.7M | $410,694 |
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 |
|---|---|---|---|---|
| BENEFIT PROGRAMS ADMINISTRATION | Other Service Provider | $445,468 | — | $445,468 |
| EXPRESS SCRIPTS | Other Service Provider | $226,648 | — | $226,648 |
| RAEL & LETSON | Other Service Provider | $85,574 | — | $85,574 |
| CALIBRE CPA | Other Service Provider | $38,853 | — | $38,853 |
| MILLER KAPLAN ARASE LLP | Auditor | $31,800 | — | $31,800 |
| GILBERT & SACKMAN, A LAW CORP | Other Service Provider | $27,575 | — | $27,575 |
| US BANK OF CALIFORNIA | Other Service Provider | $16,854 | — | $16,854 |
| SEGAL ADVISORS | Other Service Provider | $10,200 | — | $10,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $882,972
- Estimated Expense Ratio: 5.792% 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 | $770,678 | $10,200 | $445,468 | $27,000 | — |
| 2023 | $658,240 | $10,200 | $432,494 | $24,800 | — |
| 2022 | $717,664 | $10,200 | $419,897 | — | $203,248 |