Plan Snapshot
- Plan Sponsor: Operating Engineers Local 428 Annuity Trust Fund
- Sponsor EIN: 866025732
- Sponsor Address: 2550 W UNION HILLS DR STE 290, PHOENIX, AZ, 850275198
- Plan Type: DC
- Total Participants: 8,185
- Total Assets: $313.5M
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 | 8,185 | $313.5M | $16.8M | $0 |
| 2023 | 7,789 | $291.3M | $17.0M | $0 |
| 2022 | 7,670 | $256.4M | $13.5M | $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 |
|---|---|---|---|---|
| BALDWIN MOFFITT BEHM LLP | Auditor | $21,982 | — | $21,982 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,982
- Estimated Expense Ratio: 0.007% 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 | $766,206 | $497,026 | $59,442 | $21,982 | — |
| 2023 | $914,784 | $624,799 | $55,816 | $32,249 | — |
| 2022 | $1,004,675 | $625,062 | $123,891 | — | $131,247 |