Plan Ledger DOL Form 5500 · updated monthly

Operating Engineers Local Union NO.3401(k)

OPERATING ENGINEERS LOCAL UNION NO.3 401-K PLAN · CONCORD, CA · plan year 2022

Reported admin expense ratio · 2022
0.61%

Operating Engineers Local Union NO.3 reported $36,803 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,747th of 9,483), and 3,820th of 5,337 in construction.

Plan summary
Net assets, end of year$5,811,144
Participants with balances77
Active participants187
Employer contributions—
Employee contributions$628,400
Employer contribution per active participant—
Average account balance$75,469
Benefits paid to participants$13,069
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$36,803
Total administrative$36,803
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$36,803 · 0.61%
Similar plansConstruction · California
Glazier Steel CA$5.6M · 0.94%
Full Spectrum Group, LLC. CA$5.6M · 0.72%
Rowan, Incorporated CA$5.5M · 1.47%
Allied Framers, LLC CA$5.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 940577785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.