Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Northern California Carpenters 401(K) Trust Fund401(k)

NORTHERN CALIFORNIA CARPENTERS 401(K) TRUST FUND · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Board of Trustees, Northern California Carpenters 401(K) Trust Fund reported $776,489 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $157 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 fell from 0.40% to 0.33%. 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 480th-largest of 9,483 plans among California employers on file, and the 266th of 5,337 in construction. In 2024, employees put in $34.38 for every $1.00 the employer contributed; active participation has grown from 3,759 to 4,597 since 2022.

Plan summary
Net assets, end of year$249,997,368
Participants with balances4,244
Active participants4,597
Employer contributions$720,501
Employee contributions$24,770,251
Employer contribution per active participant$157
Average account balance$58,906
Benefits paid to participants$16,382,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$250.0M · 4,244 accts · $721K emplr
2023$215.3M · 3,961 accts · $730K emplr
2022$176.0M · 3,708 accts · $695K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$248,708
Investment management$41,774
Audit (IQPA)$26,980
Trustee / custodial$305,662
Total administrative$776,489
The Board of Trustees, Northern California Carpenters 401(K) Trust Fund 401(k) match · 2024
Employer contribution per active participant$157
Median for plans this size$3,635
2024$157 per active participant
2023$169 per active participant
2022$185 per active participant

Board of Trustees, Northern California Carpenters 401(K) Trust Fund'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 · 20248
JOHN HANCOCK · Recordkeeping$292,666
C.F.A.O · Plan administrator$248,708
WORLD INVESTMENT ADVISORS, LLC · Investment advisory (plan)$41,774
EIDE BAILLY LLP · Accounting / audit$26,980
OPUS INVESTMENT ADVISORS, LLC · Custodial (securities)$22,520
KRAW LAW GROUP · Legal$17,703
WEINBERG · Legal$14,515
SEGAL SELECT INSURANCE SERVICES, IN · Insurance servicesindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$776,489 · 0.33%
2023$739,021 · 0.38%
2022$654,155 · 0.40%
Similar plansConstruction · California
Teichert, Inc. CA$236.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800204601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.