Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Utah Laborers Annuity Trust Fund401(k)

UTAH LABORERS ANNUITY PLAN · COVINA, CA · plan year 2025

Reported admin expense ratio · 2025
0.60%

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

Board of Trustees, Utah Laborers Annuity Trust Fund reported $305,013 in plan administrative expenses for 2025: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,933 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 fell from 0.79% to 0.60%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,657th-largest of 9,483 plans among California employers on file, and the 1,568th of 4,798 in finance & insurance. active participation has grown from 1,218 to 1,642 since 2022.

Plan summary
Net assets, end of year$54,212,779
Participants with balances1,997
Active participants1,642
Employer contributions$3,174,597
Employee contributions—
Employer contribution per active participant$1,933
Average account balance$27,147
Benefits paid to participants$2,528,256
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$54.2M · 1,997 accts · $3.2M emplr
2024$47.1M · 1,885 accts · $2.6M emplr
2023$43.0M · 2,080 accts · $2.2M emplr
2022$40.2M · 3,773 accts · $2.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$139,803
Investment management$51,942
Audit (IQPA)$22,500
Total administrative$305,013
The Board of Trustees, Utah Laborers Annuity Trust Fund 401(k) match · 2025
Employer contribution per active participant$1,933
Median for plans this size$4,093
2025$1,933 per active participant
2024$1,763 per active participant
2023$1,692 per active participant
2022$1,887 per active participant

Board of Trustees, Utah Laborers Annuity Trust Fund's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20256
JOHN HANCOCK RETIREMENT PLAN SVC · Recordkeeping · Trustee$94,880
PACIFIC SOUTHWEST ADMINISTRATORS · Plan administrator · Recordkeeping$44,923
VERUS ADVISORY, INC · Investment advisory (plan) · Pension consulting$50,000
MILLER KAPLAN ARASE LLP · Accounting / audit$22,500
THE SEGAL COMPANY · Pension consulting$19,400
KELLEY LAW GROUP · Legal$13,381

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

Recordkeeper by year3
2025John Hancock, PACIFIC SOUTHWEST ADMINISTRATORS
2024John Hancock, PACIFIC SOUTHWEST ADMINISTRATORS
2023COMPUSYS OF UTAH, John Hancock

This plan has changed recordkeepers within these filings. If you left Board of Trustees, Utah Laborers Annuity Trust Fund before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$305,013 · 0.60%
2024$278,796 · 0.62%
2023$310,622 · 0.75%
2022$377,500 · 0.79%
Similar plansFinance & Insurance · California
Upgrade Inc. CA$54.5M · 0.28%
Beacon Pointe Advisors, LLC CA$54.0M · 0.12%
Coalition, Inc. CA$53.6M · 0.14%
Doubleline Capital LP CA$53.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 876135141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.