Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Bricklayers and Allied CraftsmenMoney purchase plan

BRICKLAYERS LOCAL NO. 11 OF CALIF PENSION TRUST · WEST COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
1.36%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees, Bricklayers and Allied Craftsmen reported $172,525 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $212 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 2 years on file its reported administrative ratio rose from 1.20% to 1.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (4,784th of 9,483), and 2,698th of 5,337 in construction.

Plan summary
Net assets, end of year$12,914,156
Participants with balances1,102
Active participants1,046
Employer contributions$222,163
Employee contributions—
Employer contribution per active participant$212
Average account balance$11,719
Benefits paid to participants$632,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 1,102 accts · $222K emplr
2023$12.4M · 1,112 accts · $205K emplr
2022$11.9M · 1,146 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,135
Audit (IQPA)$16,500
Trustee / custodial$50,785
Total administrative$172,525
Employer contributions to the Board of Trustees, Bricklayers and Allied Craftsmen plan · 2024
Employer contribution per active participant$212
Median for plans this size$2,416
2024$212 per active participant
2023$185 per active participant
2022$259 per active participant

Board of Trustees, Bricklayers and Allied Craftsmen's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20245
BENESYS ADMINISTRATORS · Contract administrator · Recordkeeping$44,779
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$50,785
THE WAGNER LAW GROUP · Legal$18,205
MILLER KAPLAN ARASE LLP · Accounting / audit$16,500
EIDE BAILLY LLP · Accounting / audit · Consulting$10,356

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENESYS ADMINISTRATORS
2023BENESYS ADMINISTRATORS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$172,525 · 1.36%
2023$180,199 · 1.48%
2022$144,677 · 1.20%
Similar plansConstruction · California
Saarman Construction, LTD. CA$13.2M · 0.37%
M Bar C Construction, Inc. CA$12.9M · 0.30%
Hillcrest Contracting, Inc. CA$12.8M · 0.65%
Westech Systems, LLC CA$12.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953519963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.