Plan Snapshot
- Plan Sponsor: I.A.T.S.E. Local 16 Welfare Trust Fund
- Sponsor EIN: 946138741
- Sponsor Address: 7180 KOLL CENTER PARKWAY, SUITE 200, PLEASANTON, CA, 94566
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,030
- Total Assets: $21.8M
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 | 1,030 | $21.8M | $14.0M | $341,985 |
| 2023 | 706 | $20.7M | $15.3M | $478,326 |
| 2022 | 849 | $16.0M | $14.0M | $641,944 |
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 | $326,420 | $1,662 | $328,082 |
| ANTHEM BLUE CROSS LIFE & HEALTH INS | Other Service Provider | $191,366 | — | $191,366 |
| WITHUMSMITH+BROWN, PC | Auditor | $144,391 | — | $144,391 |
| RAEL & LETSON | Other Service Provider | $67,371 | — | $67,371 |
| WEINBERG, ROGER & ROSENFELD | Other Service Provider | $52,215 | — | $52,215 |
| TEAMSTERS ASSISTANCE PROGRAM | Other Service Provider | $17,794 | — | $17,794 |
| CIGNA HEALTH AND LIFE INSURANCE CO. | Other Service Provider | $14,331 | — | $14,331 |
| SMART SOURCE | Other Service Provider | $14,206 | — | $14,206 |
| MEDEXPERT INTERNATIONAL, INC. | Other Service Provider | $10,000 | — | $10,000 |
| VERUS ADVISORY, INC. | Other Service Provider | $10,000 | — | $10,000 |
| WELLS FARGO, NA | Other Service Provider | $9,467 | — | $9,467 |
| UNION INSURANCE GROUP | Other Service Provider | — | $9,425 | $9,425 |
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: $868,648
- Estimated Expense Ratio: 3.979% 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 | $923,228 | $10,253 | $303,502 | $41,524 | — |
| 2023 | $863,914 | $12,036 | $302,657 | $29,800 | — |
| 2022 | $826,389 | $13,944 | $281,098 | — | $267,021 |