Plan Snapshot
- Plan Sponsor: Board Of Trustees, Operating Engineers Health
- Sponsor EIN: 942784001
- Sponsor Address: 1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 16,991
- Total Assets: $822.2M
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 | 16,991 | $822.2M | $310.0M | $1.1M |
| 2023 | 18,942 | $805.2M | $304.6M | $1.4M |
| 2022 | 17,878 | $757.5M | $308.0M | $1.0M |
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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $5,742,358 | — | $5,742,358 |
| MULTI-PLAN SERVICES AGENCY, INC. | Other Service Provider | $2,235,259 | — | $2,235,259 |
| ANTHEM BLUE CROSS LIFE | Other Service Provider | $1,207,379 | — | $1,207,379 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $762,754 | — | $762,754 |
| OPTUMRX, INC. | Other Service Provider | $660,781 | — | $660,781 |
| MEDEXPERT INTERNATIONAL INC. | Other Service Provider | $461,888 | — | $461,888 |
| THE SEGAL COMPANY | Recordkeeper | $401,523 | — | $401,523 |
| MCMORGAN & COMPANY | Other Service Provider | $349,360 | — | $349,360 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $258,128 | — | $258,128 |
| ASSISTANCE RECOVERY PROGRAM | Other Service Provider | $230,970 | — | $230,970 |
| BOEHM & ASSOCIATES | Other Service Provider | — | $183,694 | $183,694 |
| SALTZMAN & JOHNSON LAW CORPORATION | Other Service Provider | $146,973 | — | $146,973 |
| PHARMACY BENEFIT SOLUTIONS INC | Other Service Provider | $142,800 | — | $142,800 |
| MILLER KAPLAN ARASE LLP | Auditor | $116,950 | — | $116,950 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $109,419 | — | $109,419 |
| ENGINEERS PUBLISHING | Other Service Provider | $67,940 | — | $67,940 |
| MAILRITE PRINT & MAIL, INC. | Other Service Provider | $35,878 | — | $35,878 |
| PNC BANK | Other Service Provider | $33,790 | — | $33,790 |
| STEPHEN HORN INSURANCE SVCS | Investment Advisor | — | $14,607 | $14,607 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- STEPHEN HORN INSURANCE SVCS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,162,451
- Estimated Expense Ratio: 1.601% 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 | $13,628,288 | $1,457,379 | $5,742,358 | $116,950 | — |
| 2023 | $12,035,140 | $1,333,901 | $5,454,054 | $85,700 | — |
| 2022 | $11,040,547 | $1,149,556 | $5,252,450 | — | $924,959 |