Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees,Construction Laborers Annuity Plan for Southern CalMoney purchase plan

CONSTRUCTION LABORERS ANNUITY PLAN FOR SOUTHERN CALIFORNIA · COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Board of Trustees,Construction Laborers Annuity Plan for Southern Cal reported $640,731 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,711 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 0.11% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 439th-largest of 9,483 plans among California employers on file, and the 249th of 5,337 in construction. active participation has grown from 44,665 to 51,399 since 2022.

Plan summary
Net assets, end of year$272,325,287
Participants with balances51,834
Active participants51,399
Employer contributions$87,958,832
Employee contributions—
Employer contribution per active participant$1,711
Average account balance$5,254
Benefits paid to participants$2,461,924
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$272.3M · 51,834 accts · $88.0M emplr
2023$176.3M · 50,993 accts · $66.2M emplr
2022$105.3M · 44,665 accts · $44.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,200
Investment management$537,129
Audit (IQPA)$20,900
Total administrative$640,731
Employer contributions to the Board of Trustees,Construction Laborers Annuity Plan for Southern Cal plan · 2024
Employer contribution per active participant$1,711
Median for plans this size$3,635
2024$1,711 per active participant
2023$1,297 per active participant
2022$998 per active participant

Board of Trustees,Construction Laborers Annuity Plan for Southern Cal's 2024 employer contribution ran below the $3,635 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
PACIFIC SOUTHWEST ADMINISTRATORS · Claims processing · Contract administrator$13,200
NATIONAL INVESTMENT SERVICES · Investment management$532,129
CALIBRE CPA GROUP PLLC · Accounting / audit$20,000
REICH, ADELL, & CVITAN · Legal$5,078
NEPC, LLC · Investment management$5,000

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

Recordkeeper by year2
2024PACIFIC SOUTHWEST ADMINISTRATORS
2023PACIFIC SOUTHWEST ADMINISTRATORS

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

Administrative cost history3
2024$640,731 · 0.29%
2023$247,483 · 0.18%
2022$90,569 · 0.11%
Similar plansConstruction · California
Teichert, Inc. CA$236.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956031812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.