Plan Snapshot
- Plan Sponsor: Board Of Trustees, U.A. Local 467 Health And Welfare
- Sponsor EIN: 946415220
- Sponsor Address: 6800 SANTA TERESA BLVD STE 100, SAN JOSE, CA, 95119
- Plan Type: Health & Welfare
- Plan Number: 516
- Total Participants: 959
- Total Assets: $72.8M
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 | 959 | $72.8M | $32.2M | $3.5M |
| 2023 | 948 | $66.9M | $34.3M | $3.6M |
| 2022 | 911 | $59.3M | $31.2M | $3.5M |
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 |
|---|---|---|---|---|
| UNITED ADMINISTRATIVE SERVICES | Other Service Provider | $370,591 | — | $370,591 |
| BLUE CROSS | Other Service Provider | $157,038 | — | $157,038 |
| DELTA DENTAL | Other Service Provider | $119,016 | — | $119,016 |
| NWPS | Recordkeeper | $102,000 | — | $102,000 |
| MILLER KAPLAN ARASE LLP | Auditor | $77,109 | — | $77,109 |
| U.A. LOCAL 467 | Other Service Provider | $76,738 | — | $76,738 |
| NAVIA BENEFITS SOLUTIONS INC | Other Service Provider | $45,939 | — | $45,939 |
| SMART SOURCE CRITICAL COMMUNICATION | Other Service Provider | $45,077 | — | $45,077 |
| NAVITUS HEALTH SOLUTIONS | Other Service Provider | $38,828 | — | $38,828 |
| NEW CENTURY PARTNERS | Other Service Provider | $36,607 | — | $36,607 |
| CRYSTAL CLEAR RX | Other Service Provider | $30,000 | — | $30,000 |
| NEYHART, ANDERSON, FLYNN & GROSBOLL | Other Service Provider | $24,131 | — | $24,131 |
| UNION DATA SYSTEMS INC. | Other Service Provider | $14,530 | — | $14,530 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — Recordkeeper
- 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: $1,137,604
- Estimated Expense Ratio: 1.563% 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 | $872,418 | $36,607 | $447,329 | $34,340 | — |
| 2023 | $907,108 | $31,329 | $440,497 | $38,250 | — |
| 2022 | $840,442 | $42,179 | $349,531 | — | $206,473 |