Board of Trustees of U.A. Local 38 Trust FundsMoney purchase plan
U. A. LOCAL 38 DEFINED CONTRIBUTION PENSION PLAN · SAN FRANCISCO, CA · plan year 2024
Reported admin expense ratio · 2024
0.80%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of U.A. Local 38 Trust Funds reported $1,617,540 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,743 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. 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 552nd-largest of 9,483 plans among California employers on file, and the 330th of 5,337 in construction.
Plan summary
Net assets, end of year$209,504,265
Participants with balances2,135
Active participants1,240
Employer contributions$12,081,559
Employee contributions—
Employer contribution per active participant$9,743
Employer contributions to the Board of Trustees of U.A. Local 38 Trust Funds plan · 2024
Employer contribution per active participant$9,743
Median for plans this size$3,635
2024$9,743 per active participant
2023$8,780 per active participant
2022$9,191 per active participant
Board of Trustees of U.A. Local 38 Trust Funds's 2024 employer contribution ran above the $3,635 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 941285319 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.