Plan Snapshot
- Plan Sponsor: Board Of Trustees, San Diego Electrical Annuity Plan
- Sponsor EIN: 336162626
- Sponsor Address: 3444 CAMINO DEL RIO N STE 100, SAN DIEGO, CA, 92108
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 11,893
- Total Assets: $169.5M
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 | 11,893 | $169.5M | $2.0M | $13.6M |
| 2023 | 11,608 | $148.4M | $2.9M | $12.9M |
| 2022 | 11,761 | $122.5M | $3.1M | $13.1M |
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 |
|---|---|---|---|---|
| SAN DIEGO ELECTRIC | Other Service Provider | $500,429 | — | $500,429 |
| JOHN HANCOCK RETIREMENT PLAN SRVCS | Recordkeeper | $26,334 | — | $26,334 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SRVCS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $526,763
- Estimated Expense Ratio: 0.311% 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 | $526,763 | — | $526,763 | — | — |
| 2023 | $496,458 | $473,113 | $23,345 | — | — |
| 2022 | $467,723 | $445,817 | $21,506 | — | $400 |