Plan Snapshot
- Plan Sponsor: Iron Workers Regional Shop Local Union 855
- Sponsor EIN: 940012049
- Sponsor Address: 131 N EL MOLINO AVENUE SUITE 330, PASADENA, CA, 91101
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,879
- Total Assets: $30.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,879 | $30.8M | $353,476 | $151,745 |
| 2023 | 1,905 | $29.0M | $401,412 | $158,431 |
| 2022 | 2,008 | $27.0M | $513,491 | $186,017 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $234,933 | — | $234,933 |
| ALAN D. BILLER & ASSOCIATES | ERISA Attorney | $44,927 | — | $44,927 |
| IRONWORKERS EMPLOYEE BENEFIT CORP | Other Service Provider | $30,000 | — | $30,000 |
| SALTZMAN & JOHNSON | Other Service Provider | $11,118 | — | $11,118 |
| IRON MOUNTAIN | Other Service Provider | $9,315 | — | $9,315 |
| MCMENOMY & ASSOCIATES CPAS LLP | Other Service Provider | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — 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: $339,293
- Estimated Expense Ratio: 1.102% 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 | $365,244 | $44,927 | $30,000 | $9,000 | — |
| 2023 | $374,227 | $41,375 | $30,000 | $9,000 | — |
| 2022 | $377,256 | $304,100 | $30,000 | — | $19,075 |