Plan Snapshot
- Plan Sponsor: Board Of Trustees Teamsters Multi-Benefit Trust
- Sponsor EIN: 936231741
- Sponsor Address: 1200 WILSHIRE BLVD 5TH FLOOR, LOS ANGELES, CA, 90017
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 830
- Total Assets: $12.8M
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 | 830 | $12.8M | $13.3M | $1,962 |
| 2023 | 1,966 | $14.4M | $24.4M | $15,101 |
| 2022 | 1,763 | $14.4M | $22.6M | $34,011 |
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 | $383,255 | — | $383,255 |
| RAEL & LETSON | Other Service Provider | $79,100 | — | $79,100 |
| HENNINGFIELD & ASSOCIATES, INC. | Auditor | $60,000 | — | $60,000 |
| WOHLNER KAPLON CUTLER HALFORD & ROS | Other Service Provider | $51,237 | — | $51,237 |
| SOUTHWEST MONEY MANAGEMENT | Other Service Provider | $31,644 | — | $31,644 |
| LANDMARK HEALTHPLAN | Other Service Provider | $12,575 | — | $12,575 |
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: $617,811
- Estimated Expense Ratio: 4.839% 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 | $673,678 | $31,644 | $382,142 | $60,000 | — |
| 2023 | $697,702 | $30,523 | $403,506 | $25,650 | — |
| 2022 | $591,429 | $31,183 | $389,615 | — | $115,939 |