Plan Snapshot
- Plan Sponsor: Insurance And Benefits Trust Of The Porac - Non-Safety
- Sponsor EIN: 686068469
- Sponsor Address: 2960 ADVANTAGE WAY, SACRAMENTO, CA, 95834
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 1,411
- Total Assets: $1.0M
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 | 1,411 | $1.0M | $54,345 | $294,780 |
| 2023 | 3,257 | $988,748 | $68,071 | $299,806 |
| 2022 | 3,441 | $864,102 | $60,232 | $256,527 |
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 |
|---|---|---|---|---|
| IBT HEALTH PLAN | Other Service Provider | $55,861 | — | $55,861 |
| MYERS-STEVENS TOOHEY & CO INC | Other Service Provider | $29,948 | — | $29,948 |
| WAGNER LAW GROUP | ERISA Attorney | $16,242 | — | $16,242 |
| WITHUMSMITH+BROWN PC | Auditor | $14,147 | — | $14,147 |
| THE SEGAL COMPANY | Recordkeeper | $7,213 | — | $7,213 |
| BENESYS | Other Service Provider | $5,817 | — | $5,817 |
| IOS STAFFING SERVICES | Other Service Provider | $5,429 | — | $5,429 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WAGNER LAW GROUP — ERISA Attorney
- WITHUMSMITH+BROWN PC — Auditor
- THE SEGAL COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,657
- Estimated Expense Ratio: 13.389% 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 | $151,943 | — | $36,549 | $14,147 | — |
| 2023 | $144,482 | — | $30,606 | $20,345 | — |
| 2022 | $103,988 | $2,360 | $25,592 | — | $19,701 |