Plan Snapshot
- Plan Sponsor: Board Of Trustees, Teamsters Local Union No 572 Retirement Benefit Pla
- Sponsor EIN: 956983367
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA, 900171906
- Plan Type: DC
- Total Participants: 1,975
- Total Assets: $4.7M
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 | 1,975 | $4.7M | $0 | $0 |
| 2023 | 1,568 | $4.3M | $0 | $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 |
|---|---|---|---|---|
| HENNINGFIELD & ASSOCIATES, INC. | Auditor | $9,150 | — | $9,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENNINGFIELD & ASSOCIATES, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,150
- Estimated Expense Ratio: 0.194% 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 | $107,616 | $10,382 | $44,110 | $9,150 | — |
| 2023 | $85,641 | $10,234 | $27,453 | — | $28,153 |