Plan Snapshot
- Plan Sponsor: Western Electrical Contractors Association, INC.
- Sponsor EIN: 940453910
- Sponsor Address: 3695 BLECKELY STREET, RANCHO CORDOVA, CA, 95655
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,033
- Total Assets: $6.3M
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 | 1,033 | $6.3M | $7.2M | $279,327 |
| 2023 | 946 | $6.8M | $6.5M | $409,091 |
| 2022 | 807 | $5.8M | $5.6M | $345,377 |
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 |
|---|---|---|---|---|
| WESTERN ELECTRICAL CONTRACTORS ASSO | Other Service Provider | $121,848 | — | $121,848 |
| LOCKTON COMPANIES, LLC | Investment Advisor | $116,417 | — | $116,417 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | $27,340 | — | $27,340 |
| GILBERT ASSOCIATES INC. | Auditor | $24,175 | — | $24,175 |
| ISOLVED, INC. | Other Service Provider | $15,306 | — | $15,306 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOCKTON COMPANIES, LLC — Investment Advisor
- GILBERT ASSOCIATES INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $305,086
- Estimated Expense Ratio: 4.860% 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 | $479,144 | $27,487 | $331,587 | — | — |
| 2023 | $370,681 | $25,649 | $300,591 | — | — |
| 2022 | $499,484 | $21,732 | $322,730 | — | — |