Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, California Iron Workers Field Defined ContributionMoney purchase plan

CALIFORNIA IRON WORKERS FIELD DEFINED CONTRIBUTION PENSION TRUST FUND · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Board of Trustees, California Iron Workers Field Defined Contribution reported $4,921,338 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,874 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 0.40%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 110th-largest of 9,483 plans among California employers on file, and the 42nd of 5,337 in construction. active participation has shrunk from 15,271 to 13,077 since 2022.

Plan summary
Net assets, end of year$1,293,507,098
Participants with balances23,943
Active participants13,077
Employer contributions$89,888,778
Employee contributions—
Employer contribution per active participant$6,874
Average account balance$54,024
Benefits paid to participants$116,597,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 23,943 accts · $89.9M emplr
2023$1.2B · 28,742 accts · $100.7M emplr
2022$1.0B · 30,486 accts · $82.3M emplr
Administrative expenses, itemized · 2024
Investment management$101,440
Audit (IQPA)$42,838
Trustee / custodial$58,499
Total administrative$4,921,338
Employer contributions to the Board of Trustees, California Iron Workers Field Defined Contribution plan · 2024
Employer contribution per active participant$6,874
Median for plans this size$5,259
2024$6,874 per active participant
2023$6,790 per active participant
2022$5,392 per active participant

Board of Trustees, California Iron Workers Field Defined Contribution's 2024 employer contribution ran above the $5,259 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
THE VANGUARD GROUP · Recordkeeping · Investment advisory (participants)$984,847
GENERATION COMPUTING · Recordkeeping$5,731
IRONWORKERS EMPLOYEE BENEFIT CORP. · Contract administrator$2,111,569
KRAW LAW GROUP, APC · Legal$128,456
RVK, INC. · Investment advisory (plan)$106,564
LOGICALIS, INC. · Other services$94,234
TOP TIER RESOURCES INC · Consulting$72,063
WELLS FARGO BANK, N.A. · Trustee$58,499
LEVEL 3 FINANCING, INC · Other services$46,415
ROTH STAFFING COMPANIES, LP · Other services$42,125
WITHUMSMITH+BROWN, PC · Accounting / audit$41,090
IRON MOUNTAIN · Other services$33,018

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

Recordkeeper by year2
2024GENERATION COMPUTING, Vanguard
2023CDW DIRECT, GENERATION COMPUTING, Vanguard

This plan has changed recordkeepers within these filings. If you left Board of Trustees, California Iron Workers Field Defined Contribution before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,921,338 · 0.40%
2023$4,685,291 · 0.43%
2022$3,843,486 · 0.38%
Similar plansConstruction · California
Dpr Construction CA$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953304279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.