Plan Snapshot
- Plan Sponsor: The Board Of Trustees For Labor
- Sponsor EIN: 956975448
- Sponsor Address: 1055 PARK VIEW DRIVE, COVINA, CA, 91724
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 223
- Total Assets: $4.7M
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. |
|---|---|---|---|---|
| 2025 | 223 | $4.7M | $0 | $0 |
| 2024 | 325 | $4.4M | $5.0M | $0 |
| 2023 | 335 | $4.0M | $5.5M | $0 |
| 2022 | 441 | $3.7M | $5.8M | $5,127 |
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 |
|---|---|---|---|---|
| PACIFIC SOUTHWEST ADMINISTRATORS | Other Service Provider | $94,798 | — | $94,798 |
| RAEL & LETSON | Other Service Provider | $50,222 | — | $50,222 |
| HANEY & SHAH LLP | Other Service Provider | $43,275 | — | $43,275 |
| DAVID BRODY & CO | Other Service Provider | $23,135 | — | $23,135 |
| CITIZENS BUSINESS BANK | Other Service Provider | $18,990 | — | $18,990 |
| EIDE BAILLY LLP | Other Service Provider | $10,684 | — | $10,684 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,104
- Estimated Expense Ratio: 5.156% 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 |
|---|---|---|---|---|---|
| 2025 | $4,483,433 | $18,990 | $94,798 | — | — |
| 2024 | $287,280 | $17,806 | $92,037 | — | — |
| 2023 | $313,896 | $16,510 | $88,497 | — | — |
| 2022 | $246,963 | $14,844 | $84,283 | — | $115,979 |