Plan Snapshot
- Plan Sponsor: Board Of Trustees, Redwood Empire Electrical Workers
- Sponsor EIN: 237071451
- Sponsor Address: 2525 CLEVELAND AVE STE C, SANTA ROSA, CA, 95403
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 442
- Total Assets: $12.7M
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 | 442 | $12.7M | $11.1M | $644,455 |
| 2023 | 435 | $12.9M | $10.2M | $627,371 |
| 2022 | 429 | $12.2M | $9.8M | $736,776 |
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 |
|---|---|---|---|---|
| EMPLOYEE #1 | Other Service Provider | $94,575 | — | $94,575 |
| EMPLOYEE #2 | Other Service Provider | $77,399 | — | $77,399 |
| RAEL & LETSON | Other Service Provider | $49,400 | — | $49,400 |
| MILLER KAPLAN ARASE LLP | Auditor | $24,950 | — | $24,950 |
| NAVIA BENEFIT SOLUTIONS | Other Service Provider | $24,850 | — | $24,850 |
| NEYHART, ANDERSON, FLYNN & GROSBOLL | Other Service Provider | $20,468 | — | $20,468 |
| COMPLIANCE AUDIT SERVICES | Other Service Provider | $19,298 | — | $19,298 |
| IBEW LOCAL 551 | Other Service Provider | $14,580 | — | $14,580 |
| SALTZMAN & JOHNSON | Other Service Provider | $10,914 | — | $10,914 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | — | $10,419 | $10,419 |
| VINTAGE COMMUNICATIONS | Other Service Provider | $5,766 | — | $5,766 |
| DODGE & COX | Other Service Provider | $5,400 | — | $5,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $358,019
- Estimated Expense Ratio: 2.830% 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 | $418,104 | $17,069 | — | $24,950 | — |
| 2023 | $403,217 | $20,867 | $28,835 | $24,600 | — |
| 2022 | $440,687 | $45,433 | — | — | $127,767 |