Plan Snapshot
- Plan Sponsor: I.A.T.S.E. Local 16 Pension Plan Trustees
- Sponsor EIN: 946296420
- Sponsor Address: 7180 KOLL CENTER PARKWAY, SUITE 200, PLEASANTON, CA, 94566
- Plan Type: DB
- Total Participants: 2,344
- Total Assets: $283.4M
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 | 2,344 | $283.4M | $10.8M | $0 |
| 2023 | 2,709 | $269.9M | $11.1M | $0 |
| 2022 | 2,790 | $254.9M | $10.8M | $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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $246,312 | $1,662 | $247,974 |
| WITHUMSMITH+BROWN, PC | Auditor | $196,348 | — | $196,348 |
| RAEL AND LETSON | Other Service Provider | $154,189 | — | $154,189 |
| VERUS ADVISORY, INC. | Other Service Provider | $120,000 | — | $120,000 |
| WEINBERG, ROGER, AND ROSENFELD | Other Service Provider | $77,642 | — | $77,642 |
| WALTER SCOTT & PARTNERS LIMITED | Other Service Provider | $62,277 | — | $62,277 |
| CIM GROUP, LLC | Other Service Provider | $47,319 | — | $47,319 |
| SMART SOURCE, LLC | Other Service Provider | $18,940 | — | $18,940 |
| WELLS FARGO BANK | Other Service Provider | $15,129 | — | $15,129 |
| UNION INSURANCE GROUP | Other Service Provider | — | $9,425 | $9,425 |
| MELLON INVESTMENT CORPORATION | Other Service Provider | $7,010 | — | $7,010 |
| BROWN AUDIO VISUAL SERVICES | Other Service Provider | $5,997 | — | $5,997 |
| AMALGAMATED BANK | Other Service Provider | $5,000 | $28 | $5,028 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $967,278
- Estimated Expense Ratio: 0.341% 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 | $1,186,887 | $236,606 | $235,349 | $57,908 | — |
| 2023 | $1,307,215 | $213,476 | $228,052 | $34,100 | — |
| 2022 | $1,067,810 | $270,710 | $217,460 | — | $349,881 |