Plan Snapshot
- Plan Sponsor: Board Of Trustees, Operating Engineers Annuity Plan
- Sponsor EIN: 946090764
- Sponsor Address: 1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
- Plan Type: DC
- Plan Number: 002
- Total Participants: 28,957
- Total Assets: $654.3M
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. |
|---|---|---|---|---|
| 2025 | 28,957 | $654.3M | $0 | $0 |
| 2024 | 23,774 | $548.3M | $40.2M | $0 |
| 2023 | 23,224 | $481.2M | $38.3M | $0 |
| 2022 | 22,615 | $405.0M | $33.9M | $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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Other Service Provider | $835,768 | — | $835,768 |
| MULTI-PLAN SERVICES AGENCY, INC. | Other Service Provider | $257,280 | — | $257,280 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $212,956 | — | $212,956 |
| MORGAN STANLEY SMITH BARNEY | Other Service Provider | $160,000 | — | $160,000 |
| SALTZMAN & JOHNSON | Other Service Provider | $77,725 | — | $77,725 |
| MILLER KAPLAN ARASE LLP | Other Service Provider | $43,817 | — | $43,817 |
| HORIZON ACTUARIAL SERVICES LLC | Other Service Provider | $22,783 | — | $22,783 |
| STEPHEN HORN INSURANCE SERVICES | Other Service Provider | — | $14,599 | $14,599 |
| MAILRITE PRINT & MAIL, INC. | Other Service Provider | $11,365 | — | $11,365 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,636,293
- Estimated Expense Ratio: 0.250% 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 |
|---|---|---|---|---|---|
| 2025 | $29,382,785 | $162,877 | $212,956 | $43,817 | — |
| 2024 | $1,697,630 | $161,050 | $199,449 | $39,817 | — |
| 2023 | $3,382,510 | $160,000 | $191,609 | $48,300 | — |
| 2022 | $1,598,134 | $964,946 | $179,719 | — | $147,271 |