Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Redwood Empire Electrical Workers Individually AllMoney purchase plan

REDWOOD EMPIRE ELECTRICAL WORKERS INDIVIDUALLY ALLOCATED PENSION PLAN · SANTA ROSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Board of Trustees, Redwood Empire Electrical Workers Individually All reported $325,382 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $11,613 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 0.13% to 0.12%. 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 427th-largest of 9,483 plans among California employers on file, and the 239th of 5,337 in construction.

Plan summary
Net assets, end of year$283,237,239
Participants with balances977
Active participants868
Employer contributions$10,080,418
Employee contributions—
Employer contribution per active participant$11,613
Average account balance$289,905
Benefits paid to participants$10,981,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$283.2M · 977 accts · $10.1M emplr
2023$251.5M · 986 accts · $9.6M emplr
2022$215.2M · 989 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,298
Investment management$135,840
Audit (IQPA)$19,400
Total administrative$325,382
Employer contributions to the Board of Trustees, Redwood Empire Electrical Workers Individually All plan · 2024
Employer contribution per active participant$11,613
Median for plans this size$4,294
2024$11,613 per active participant
2023$10,985 per active participant
2022$10,094 per active participant

Board of Trustees, Redwood Empire Electrical Workers Individually All'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 · 20249
JOHN HANCOCK RETIREMENT PLAN SRVS · Recordkeeping · Loan processing$76,511
SEGAL ADVISORS · Pension consulting · Investment advisory (participants)$58,129
REDWOOD EMPIRE ELECTRIC WORKERS H&W$52,619
COMPLIANCE AUDIT SERVICES · Accounting / audit$22,059
RAEL & LETSON · Consulting$19,500
MILLER KAPLAN ARASE LLP · Accounting / audit$19,300
NEYHART ANDERSON · Legal$13,496
SALTZMAN & JOHNSON · Legal$10,914
VINTAGE COMMUNICATIONS$5,766

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$325,382 · 0.12%
2023$307,361 · 0.13%
2022$316,288 · 0.13%
Similar plansConstruction · California
Kb Home CA$390.9M
Teichert, Inc. CA$236.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946186900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.