Plan Snapshot
- Plan Sponsor: Iron Workers Regional Shop Local 855 Welfare Trust
- Sponsor EIN: 946104154
- Sponsor Address: 131 N EL MOLINO AVENUE SUITE 330, PASADENA, CA, 91101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 477
- Total Assets: $0
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 | 477 | $0 | $5.6M | $20,610 |
| 2023 | 473 | $8.2M | $8.2M | $119,762 |
| 2022 | 598 | $8.8M | $10.1M | $48,644 |
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 |
|---|---|---|---|---|
| IRONWORKERS EMPLOYEES BENEFIT CORP | Other Service Provider | $105,277 | — | $105,277 |
| RAEL LETSON | Other Service Provider | $73,800 | — | $73,800 |
| SALTZMAN & JOHNSON | Other Service Provider | $37,458 | — | $37,458 |
| MCMENOMY & ASSOCIATES CPAS LLP | Other Service Provider | $16,000 | — | $16,000 |
| U.S. BANK | Recordkeeper | $6,105 | — | $6,105 |
| ALAN D. BILLER & ASSOCIATES | ERISA Attorney | $5,736 | — | $5,736 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- U.S. BANK — Recordkeeper
- ALAN D. BILLER & ASSOCIATES — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $244,376
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 | $298,362 | $5,736 | $105,277 | $16,000 | — |
| 2023 | $291,604 | $7,000 | $140,034 | $16,000 | — |
| 2022 | $363,193 | $16,372 | $189,066 | — | $125,252 |