Plan Snapshot
- Plan Sponsor: Board Of Trustees, Southwest Marine Welfare Trust
- Sponsor EIN: 951935595
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FLR, LOS ANGELES, CA, 90017
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 8
- Total Assets: $950,374
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 | 8 | $950,374 | $370,800 | $0 |
| 2023 | 16 | $938,136 | $484,200 | $4,092 |
| 2022 | 19 | $846,200 | $439,500 | $13,231 |
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 |
|---|---|---|---|---|
| BENEFIT PROGRAMS ADMINISTRATION | Other Service Provider | $31,530 | — | $31,530 |
| MILLER KAPLAN ARASE LLP | Auditor | $9,150 | — | $9,150 |
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: $40,680
- Estimated Expense Ratio: 4.280% 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 | $244,224 | — | — | — | — |
| 2023 | $425,241 | — | — | — | — |
| 2022 | $447,591 | — | — | — | — |