Plan Snapshot
- Plan Sponsor: Board Of Trustees, Pension Trust Fund For Operating
- Sponsor EIN: 946090764
- Sponsor Address: 1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
- Plan Type: DB
- Total Participants: 20,793
- Total Assets: $5.4B
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 | 20,793 | $5.4B | $360.8M | $0 |
| 2023 | 20,372 | $5.1B | $343.7M | $0 |
| 2022 | 20,059 | $4.8B | $346.7M | $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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | NONE | $4,539,861 | — | $4,539,861 |
| WASHINGTON CAPITAL MANAGEMENT INC. | NONE | $2,203,301 | — | $2,203,301 |
| MULTI-PLAN SERVICES AGENCY, INC | NONE | $1,885,524 | — | $1,885,524 |
| SIERRA INVESTMENT PARTNERS, INC. | NONE | $1,049,505 | — | $1,049,505 |
| J.P. MORGAN INVESTMENT MANAGEMENT | NONE | $890,911 | — | $890,911 |
| SALTZMAN & JOHNSON | NONE | $870,629 | — | $870,629 |
| INVESTMENT PERFORMANCE SERVICES | NONE | $606,603 | — | $606,603 |
| AMALGAMATED BANK OF CHICAGO | NONE | $540,499 | — | $540,499 |
| ASB CAPITAL MGMT | NONE | $536,563 | — | $536,563 |
| CHARTWELL INVESTMENT PARTNERS | NONE | $449,210 | — | $449,210 |
| HORIZON ACTUARIAL SERVICES LLC | NONE | $381,642 | — | $381,642 |
| MCMORGAN & COMPANY LLC | NONE | $321,212 | — | $321,212 |
| INCOME RESEARCH AND MGMT | NONE | $293,940 | — | $293,940 |
| STEPHEN HORN INSURANCE SVCS | NONE | — | $152,587 | $152,587 |
| PNC BANK | NONE | $143,394 | — | $143,394 |
| MILLER KAPLAN ARASE LLP | NONE | $119,640 | — | $119,640 |
| ENGINEERS PUBLISHING | NONE | $50,095 | — | $50,095 |
| MAILRITE PRINT & MAIL, INC | NONE | $35,388 | — | $35,388 |
| AMALGAMATED BANK | NONE | $10,665 | $46 | $10,711 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT MANAGEMENT — NONE
- STEPHEN HORN INSURANCE SVCS — NONE
- MILLER KAPLAN ARASE LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,081,215
- Estimated Expense Ratio: 0.279% 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 | $18,985,250 | $7,966,012 | $4,539,861 | $119,640 | — |
| 2023 | $18,464,952 | $7,999,800 | $4,310,287 | $132,673 | — |
| 2022 | $17,822,042 | $7,880,853 | $4,024,242 | — | $999,166 |