Board of Trustees of Int'l Union of Operating Engineers Local 501 IndiProfit-sharing plan
INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 501 INDIVIDUAL ACCOUNT PLAN TRUST FUND · WEST COVINA, CA · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi reported $802,014 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,670 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 0.91% to 1.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,169th-largest of 9,483 plans among California employers on file, and the 190th of 2,534 in administrative & support services. active participation has grown from 4,960 to 5,519 since 2022.
Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi's 2024 employer contribution ran below 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 815319756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.