Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of General Teamsters & Employers Trust Fund
- Sponsor EIN: 956060456
- Sponsor Address: 1200 WILSHIRE BLVD FIFTH FLOOR, LOS ANGELES, CA, 90017
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 53
- Total Assets: $4.2M
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 | 53 | $4.2M | $1.1M | $153 |
| 2023 | 55 | $4.6M | $1.2M | $612 |
| 2022 | 51 | $5.0M | $2.0M | $455 |
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 |
|---|---|---|---|---|
| BENEFIT PROGRAMS ADMINISTRATION | Other Service Provider | $186,992 | — | $186,992 |
| RAEL & LETSON | Other Service Provider | $65,200 | — | $65,200 |
| REICH, ADELL, CROST & CVITAN | Other Service Provider | $23,397 | — | $23,397 |
| DAVID BRODY & CO. | Other Service Provider | $19,700 | — | $19,700 |
| UNION BANK OF CALIFORNIA | Other Service Provider | $14,935 | — | $14,935 |
| SOUTHWEST MONEY MANAGEMENT | Other Service Provider | $7,200 | — | $7,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $317,424
- Estimated Expense Ratio: 7.602% 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 | $1,676,271 | — | — | — | — |
| 2023 | $1,800,713 | — | — | — | — |
| 2022 | $387,881 | $7,200 | $191,432 | — | $120,893 |