Plan Snapshot
- Plan Sponsor: Western States Carpenters Health And Welfare Trust
- Sponsor EIN: 956042873
- Sponsor Address: 445 S. FIGUEROA, LOS ANGELES, CA, 90071
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 51,730
- Total Assets: $1.4B
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 | 51,730 | $1.4B | $555.7M | $2.0M |
| 2023 | 36,567 | $794.8M | $510.7M | $2.3M |
| 2022 | 32,789 | $634.8M | $458.7M | $2.3M |
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 |
|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $7,635,309 | — | $7,635,309 |
| CARPENTERS SOUTHWEST ADMIN. CORP. | Other Service Provider | $7,280,711 | — | $7,280,711 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $3,471,613 | — | $3,471,613 |
| SHANLEY APC | Other Service Provider | $995,039 | — | $995,039 |
| THE SEGAL COMPANY | Recordkeeper | $545,362 | — | $545,362 |
| NOSSAMAN LLP | ERISA Attorney | $542,118 | — | $542,118 |
| LEVEL CARE HEALTH CONSORTIUM | Other Service Provider | $325,545 | — | $325,545 |
| COMPSYCH CORPORATION | Other Service Provider | $311,902 | — | $311,902 |
| UNION PRESS | Other Service Provider | $223,325 | — | $223,325 |
| VIRTA MEDICAL | Other Service Provider | $136,060 | — | $136,060 |
| DODGE & COX | Other Service Provider | $111,293 | — | $111,293 |
| YOUSIF CAPITAL MANAGEMENT | Other Service Provider | $88,451 | — | $88,451 |
| CALIBRE CPA GROUP, PLLC | Auditor | $45,063 | — | $45,063 |
| ALAN BILLER & ASSOCIATES | ERISA Attorney | $42,500 | — | $42,500 |
| US BANK | Recordkeeper | $41,977 | — | $41,977 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $34,864 | $34,864 |
| SAGEBRUSH ANALYTICAL SOLUTIONS | Other Service Provider | $25,449 | — | $25,449 |
| THE PHIA GROUP, LLC | Other Service Provider | $20,610 | — | $20,610 |
| THE WAGNER LAW GROUP | ERISA Attorney | $18,922 | — | $18,922 |
| CURTIS CONYERS | Custodian / Trustee | $17,835 | — | $17,835 |
| WELFARE AND PENSION ADMIN SERVICE | Other Service Provider | $13,266 | — | $13,266 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $11,238 | — | $11,238 |
| INVESCO ADVISERS INC | Other Service Provider | $8,709 | — | $8,709 |
| MANATT, PHELPS & PHILLIPS LLP | Other Service Provider | $5,957 | — | $5,957 |
| BARLOW, COUGHRAN, MORALES & JOSEPHS | Other Service Provider | $5,197 | — | $5,197 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- NOSSAMAN LLP — ERISA Attorney
- CALIBRE CPA GROUP, PLLC — Auditor
- ALAN BILLER & ASSOCIATES — ERISA Attorney
- US BANK — Recordkeeper
- THE WAGNER LAW GROUP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,958,315
- Estimated Expense Ratio: 1.612% 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 | $22,339,547 | $250,953 | $18,233,814 | $45,063 | — |
| 2023 | $19,008,045 | $169,190 | $16,276,441 | $42,500 | — |
| 2022 | $19,244,054 | $208,357 | $8,100,553 | — | $10,521,530 |