Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Southern CaliforniaMoney purchase plan

SOUTHERN CALIFORNIA BRICKLAYERS PENSION FUND · WEST COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Board of Trustees of the Southern California reported $309,275 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $443 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 0.64% to 0.81%. 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 the 2,202nd-largest of 9,483 plans among California employers on file, and the 1,272nd of 5,337 in construction.

Plan summary
Net assets, end of year$38,758,431
Participants with balances2,389
Active participants2,389
Employer contributions$1,058,925
Employee contributions—
Employer contribution per active participant$443
Average account balance$16,224
Benefits paid to participants$3,308,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 2,389 accts · $1.1M emplr
2023$38.0M · 2,505 accts · $1.0M emplr
2022$36.8M · 2,616 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,038
Investment management$45,435
Audit (IQPA)$26,668
Trustee / custodial$29,749
Total administrative$309,275
Employer contributions to the Board of Trustees of the Southern California plan · 2024
Employer contribution per active participant$443
Median for plans this size$2,416
2024$443 per active participant
2023$418 per active participant
2022$508 per active participant

Board of Trustees of the Southern California'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 · 20249
BENESYS · Contract administrator · Recordkeeping$83,372
THE WAGNER LAW GROUP · Legal$72,669
U.S. BANK · Custodial (securities)$29,749
WITHUMSMITH+BROWN PC · Accounting / audit$26,668
EIDE BAILLY LLP · Accounting / audit · Consulting$22,666
INVESTMENT PERFORMANCE SVCS, LLC · Consulting · Investment advisory (plan)$20,000
RREEF AMERICA L.L.C · Investment management$13,359
NATIONAL INVST SVCS OF AMERICA, LLC · Investment management$11,220
MILLIMAN INC. · Actuarial · Consulting$7,842

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
2023BENESYS

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

Administrative cost history3
2024$309,275 · 0.81%
2023$249,778 · 0.67%
2022$241,257 · 0.64%
Similar plansConstruction · California
The Dutra Group CA$39.1M · 0.47%
Blach Construction Company CA$38.8M · 0.32%
The Don Chapin Co., Inc. CA$38.6M · 0.28%
Vellutini Corporation CA$38.1M · 0.28%
American Incorporated CA$38.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956835541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.