Board of Trustees, Sacramento Area Electrical WorkersMoney purchase plan
SACRAMENTO AREA ELECTRICAL WORKERS PENSION AND PROFIT SHARING PLAN · ALAMEDA, CA · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees, Sacramento Area Electrical Workers reported $2,093,789 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $16,964 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 0.55% to 0.67%. 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 382nd-largest of 9,483 plans among California employers on file, and the 218th of 5,337 in construction. active participation has grown from 1,118 to 1,296 since 2022.
Board of Trustees, Sacramento Area Electrical Workers'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 942773478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.