Plan Snapshot
- Plan Sponsor: Board Of Trustees, Pensioned Operating Engineers
- Sponsor EIN: 946096327
- Sponsor Address: 1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 9,107
- Total Assets: $295.3M
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. |
|---|---|---|---|---|
| 2024 | 9,107 | $295.3M | $84.4M | $33.4M |
| 2023 | 9,264 | $283.6M | $82.4M | $34.8M |
| 2022 | 9,075 | $267.9M | $82.4M | $33.1M |
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 | $3,475,125 | — | $3,475,125 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $1,684,623 | — | $1,684,623 |
| MULTI-PLAN SERVICES AGENCY INC. | Other Service Provider | $800,704 | — | $800,704 |
| OPTUMRX, INC. | Other Service Provider | $599,708 | — | $599,708 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $242,610 | — | $242,610 |
| THE SEGAL COMPANY | Recordkeeper | $145,421 | — | $145,421 |
| ASSISTANCE RECOVERY PROGRAM | Other Service Provider | $121,594 | — | $121,594 |
| MCMORGAN & COMPANY LLC | Other Service Provider | $119,621 | — | $119,621 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $85,975 | — | $85,975 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $65,683 | — | $65,683 |
| PHARMACY BENEFIT SOLUTIONS, INC. | Other Service Provider | $58,650 | — | $58,650 |
| MILLER KAPLAN ARASE LLP | Auditor | $48,900 | — | $48,900 |
| SALTZMAN & JOHNSON LAW CORPORATION | Other Service Provider | $46,018 | — | $46,018 |
| MAILRITE PRINT & MAIL, INC. | Other Service Provider | $33,300 | — | $33,300 |
| BOEHM & ASSOCIATES | Other Service Provider | — | $16,079 | $16,079 |
| AMALGAMATED BANK | Other Service Provider | $14,064 | $14 | $14,078 |
| STEPHEN HORN INSURANCE SVCS | Investment Advisor | — | $8,755 | $8,755 |
| PNC BANK | Other Service Provider | $8,322 | — | $8,322 |
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: $7,575,166
- Estimated Expense Ratio: 2.565% 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 | $8,273,458 | $510,912 | $3,475,125 | $48,900 | — |
| 2023 | $8,788,653 | $443,974 | $3,289,065 | $57,250 | — |
| 2022 | $7,695,450 | $400,989 | $3,153,164 | — | $343,571 |