Board of Trustees, B.A.C. Local 3 Pension Trust FundMoney purchase plan
B.A.C. LOCAL NO. 3 DEFINED CONTRIBUTION PENSION PLAN · PLEASANTON, CA · plan year 2024
Reported admin expense ratio · 2024
0.53%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees, B.A.C. Local 3 Pension Trust Fund reported $652,772 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,420 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 834th-largest of 9,483 plans among California employers on file, and the 839th of 4,798 in finance & insurance. active participation has shrunk from 2,512 to 702 since 2022.
Plan summary
Net assets, end of year$125,404,258
Participants with balances0
Active participants702
Employer contributions$3,102,681
Employee contributions—
Employer contribution per active participant$4,420
Employer contributions to the Board of Trustees, B.A.C. Local 3 Pension Trust Fund plan · 2024
Employer contribution per active participant$4,420
Median for plans this size$3,635
2024$4,420 per active participant
2023$4,301 per active participant
2022$1,156 per active participant
Board of Trustees, B.A.C. Local 3 Pension Trust Fund's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 202412
RBC GLOBAL ASSET MANAGEMENT · Investment management$105,236
CHARTWELL INVESTMENT PARTNERS LP · Investment management · Named fiduciary$80,890
Source: U.S. Department of Labor, Form 5500 series, EIN 900888690 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.