Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the U.A. Local No. 393 Defined Contribution Plan401(k)

U. A. LOCAL NO. 393 DEFINED CONTRIBUTION PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Board of Trustees of the U.A. Local No. 393 Defined Contribution Plan reported $3,165,485 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $13,772 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 0.55% to 0.43%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 170th-largest of 9,483 plans among California employers on file, and the 82nd of 5,337 in construction. In 2024, the employer put in $2.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$771,691,899
Participants with balances3,349
Active participants2,095
Employer contributions$28,852,961
Employee contributions$12,671,831
Employer contribution per active participant$13,772
Average account balance$230,425
Benefits paid to participants$45,556,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$771.7M · 3,349 accts · $28.9M emplr
2023$695.9M · 3,373 accts · $28.6M emplr
2022$597.1M · 3,184 accts · $25.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,094
Investment management$2,407,418
Audit (IQPA)$57,099
Total administrative$3,165,485
The Board of Trustees of the U.A. Local No. 393 Defined Contribution Plan 401(k) match · 2024
Employer contribution per active participant$13,772
Median for plans this size$4,294
2024$13,772 per active participant
2023$13,362 per active participant
2022$12,604 per active participant

Board of Trustees of the U.A. Local No. 393 Defined Contribution Plan's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 202412
NORTHWEST PLAN SERVICES · Recordkeeping · Consulting$264,219
NWQ INVESTMENTS · Investment management$980,462
POLEN CAPITAL MANAGEMENT LLC · Investment management$592,634
COLUMBIA MGMT INVESTMENT ADVISERS · Investment management$439,962
RAYMOND JAMES & ASSOCIATES, INC. · Investment management$326,338
BENESYS ADMINISTRATORS · Contract administrator$207,386
KRAW LAW GROUP, APC · Legal$74,532
WITHUMSMITH+BROWN, PC · Accounting / audit$74,355
BROADRIDGE MATRIX TRUST CO · Custodial (securities) · Trustee$63,522
SUZANNE NEEDHAM$52,474
SMART SOURCE LLC$24,430
SALTZMAN & JOHNSON LAW GROUP · Legal$12,065

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$3,165,485 · 0.43%
2023$2,818,260 · 0.44%
2022$3,544,693 · 0.55%
Similar plansConstruction · California
Dpr Construction CA$1.1B · 0.12%
Swinerton Incorporated CA$831.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946075617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.