Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of U.A. Local 343 Pension Trust Fund401(k)

U. A. LOCAL NOS. 343 & 355 DEFINED CONTRIBUTION PLAN · VACAVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Board of Trustees of U.A. Local 343 Pension Trust Fund reported $416,251 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,251 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 0.52% to 0.64%. 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 1,348th-largest of 9,483 plans among California employers on file, and the 842nd of 5,337 in construction. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$68,192,431
Participants with balances1,446
Active participants1,430
Employer contributions$1,789,468
Employee contributions$1,026,165
Employer contribution per active participant$1,251
Average account balance$47,159
Benefits paid to participants$3,855,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 1,446 accts · $1.8M emplr
2023$61.0M · 1,505 accts · $2.1M emplr
2022$52.8M · 1,559 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,127
Investment management$25,208
Audit (IQPA)$29,628
Trustee / custodial$25,804
Total administrative$416,251
The Board of Trustees of U.A. Local 343 Pension Trust Fund 401(k) match · 2024
Employer contribution per active participant$1,251
Median for plans this size$3,635
2024$1,251 per active participant
2023$1,392 per active participant
2022$1,321 per active participant

Board of Trustees of U.A. Local 343 Pension 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 · 20247
NORTHWEST PLAN SERVICES · Recordkeeping · Consulting$84,198
U.A. LOCAL 343 JOINT SERVICES · Contract administrator$139,212
KRAW LAW GROUP, APC · Legal$66,548
WITHUMSMITH+BROWN, PC · Accounting / audit$46,794
VERUS ADVISORY, INC · Pension consulting · Investment advisory (plan)$27,500
MATRIX TRUST COMPANY · Trustee (discretionary)$18,865
US BANK · Custodial (securities)$6,122

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

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Administrative cost history3
2024$416,251 · 0.64%
2023$477,839 · 0.84%
2022$307,153 · 0.52%
Similar plansConstruction · California
Gonsalves & Santucci, Inc. CA$72.6M · 0.19%
Malcolm Drilling Co., Inc. CA$71.5M · 0.02%
Cahill Contractors LLC CA$68.7M · 0.01%
Rex Signature Services, LLC CA$67.5M · 0.43%
Xl Industries CA$65.7M · 0.17%
Deacon Holdings, Inc. CA$65.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946092775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.