Plan Snapshot
- Plan Sponsor: Board Of Trustees, Southwest Marine Pension Trust
- Sponsor EIN: 956123404
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FL, LOS ANGELES, CA, 90017
- Plan Type: DB
- Total Participants: 99
- Total Assets: $53.7M
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 | 99 | $53.7M | $2.6M | $0 |
| 2023 | 112 | $51.3M | $2.2M | $0 |
| 2022 | 139 | $39.5M | $2.1M | $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 |
|---|---|---|---|---|
| VANGUARD ADVISORS | Recordkeeper | $117,147 | — | $117,147 |
| BENEFIT PROGRAMS ADMINISTRATION | Other Service Provider | $90,132 | — | $90,132 |
| MILLIMAN | Recordkeeper | $67,674 | — | $67,674 |
| MILLER KAPLAN ARASE LLP | Auditor | $22,400 | — | $22,400 |
| BROWNSTEIN RASK | Other Service Provider | $15,225 | — | $15,225 |
| U.S. BANK NA | Recordkeeper | $8,513 | — | $8,513 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS — Recordkeeper
- MILLIMAN — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- U.S. BANK NA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $321,091
- Estimated Expense Ratio: 0.598% 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 | $369,078 | $117,147 | $90,132 | $22,400 | — |
| 2023 | $296,606 | $75,091 | $87,510 | $21,400 | — |
| 2022 | $287,975 | $74,684 | $84,565 | — | $86,128 |