Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ibew 332 Pension Plan - Part A
- Sponsor EIN: 942688032
- Sponsor Address: 6800 SANTA TERESA BLVD STE 100, SAN JOSE, CA, 95119
- Plan Type: DB
- Total Participants: 2,079
- Total Assets: $817.3M
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 | 2,079 | $817.3M | $41.5M | $0 |
| 2023 | 2,119 | $764.3M | $39.5M | $0 |
| 2022 | 2,182 | $720.7M | $46.0M | $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 |
|---|---|---|---|---|
| NATIONAL REAL ESTATE ADVISORS, LLC | Other Service Provider | $368,021 | — | $368,021 |
| RREEF AMERICA L.L.C. | Other Service Provider | $192,533 | — | $192,533 |
| PANAGORA | Other Service Provider | $190,678 | — | $190,678 |
| MILLIMAN | Recordkeeper | $162,512 | — | $162,512 |
| UNITED ADMINISTRATIVE SERVICES | Other Service Provider | $155,699 | — | $155,699 |
| KRAW LAW GROUP | Other Service Provider | $147,986 | — | $147,986 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $146,625 | — | $146,625 |
| LOOMIS SAYLES | Other Service Provider | $101,916 | — | $101,916 |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | Other Service Provider | $89,086 | — | $89,086 |
| ALLIANCE BERNSTEIN | Other Service Provider | $78,967 | — | $78,967 |
| SMART SOURCE CRITICAL COMMUNICATION | Other Service Provider | $76,836 | — | $76,836 |
| EIDE BAILLY LLP | Auditor | $66,724 | — | $66,724 |
| MILLER KAPLAN ARASE LLP | Auditor | $55,000 | — | $55,000 |
| MATRIX TRUST COMPANY | Recordkeeper | $44,720 | — | $44,720 |
| SEGAL MARCO ADVISORS | Other Service Provider | $27,500 | — | $27,500 |
| NATIONAL INVESTMENT SERVICES OF AME | Other Service Provider | $26,533 | — | $26,533 |
| CONESTOGA CAPITAL ADVISORS LLC | Other Service Provider | $17,969 | — | $17,969 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- EIDE BAILLY LLP — Auditor
- MILLER KAPLAN ARASE LLP — Auditor
- MATRIX TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,949,305
- Estimated Expense Ratio: 0.238% 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 | $2,182,525 | $1,103,299 | $155,699 | $55,000 | — |
| 2023 | $2,193,859 | $1,219,714 | $163,209 | $51,932 | — |
| 2022 | $2,138,911 | $1,143,305 | $154,284 | — | $392,988 |