Plan Snapshot
- Plan Sponsor: Board Of Trustees, Orange County Ibew-Neca Electrical
- Sponsor EIN: 760759816
- Sponsor Address: 6800 SANTA TERESA BLVD STE 100, SAN JOSE, CA, 95119
- Plan Type: DC
- Plan Number: 001
- Total Participants: 4,316
- Total Assets: $335.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,316 | $335.4M | $13.6M | $0 |
| 2023 | 4,246 | $301.3M | $13.6M | $0 |
| 2022 | 5,550 | $261.9M | $13.8M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $460,755 | — | $460,755 |
| UNITED ADMINISTRATIVE SERVICES INC | Other Service Provider | $54,243 | — | $54,243 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $48,000 | — | $48,000 |
| NEYHART ANDERSON FLYNN & GROSBOLL | Other Service Provider | $25,317 | — | $25,317 |
| MILLER KAPLAN ARASE LLP | Auditor | $23,000 | — | $23,000 |
| MARSH & MCLENNAN AGENCY | Investment Advisor | — | $6,731 | $6,731 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
- MARSH & MCLENNAN AGENCY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $618,046
- Estimated Expense Ratio: 0.184% 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 | $666,073 | $48,000 | $54,243 | $23,000 | — |
| 2023 | $650,828 | $48,000 | $53,597 | $22,000 | — |
| 2022 | $507,525 | $47,500 | $51,660 | — | $39,861 |