Retirement plan

U.A. LOCAL NO. 447 DEFINED CONTRIBUTION PLAN AND TRUST

Name: BOARD OF TRUSTEES, U.A. LOCAL NO. 447 DEFINED - U.A. LOCAL NO. 447 DEFINED CONTRIBUTION PLAN AND TRUST (2025) Form 5500
Creator: BOARD OF TRUSTEES, U.A. LOCAL NO. 447 DEFINED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, U.A. LOCAL NO. 447 DEFINED CONTRIBUTION PLAN AND TRUST, BOARD OF TRUSTEES, U.A. LOCAL NO. 447 DEFINED

BOARD OF TRUSTEES, U.A. LOCAL NO. 447 DEFINEDdba CONTRIBUTION PLAN AND TRUSTEIN 68-0401920Plan #002PY 2025

PO BOX 191030 - SACRAMENTO, CA 95819916-457-0821

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$123.1M

+11.3% from 2024

Total participants

1,654

+5.7% from 2024

Average account balance

No prior year

Annual return

9.94%

-1.90 pp from 2024

Benchmarks

See 204 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort204 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$123.11M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$74K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

688

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.94%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER Service code 50 · EIN 06-1050034	Direct Payment	$77,999
BRIDGEWAY BENEFIT TECHNOLOGIES3 years Service code 50 · EIN 52-1796473	Direct Payment	$52,867
ISLIP & CO8 years Service code 10 · EIN 68-0344156	Accounting	$50,523
MILLER KAPLAN ARASE LLP10+ years Service code 10 · EIN 95-2036255	Accounting	$47,502
EMPLOYEE FIDUCIARY, LLC2 years Filed as: EMPLOYEE #1 Service code 30 · EIN 94-1268305	Employee (plan)	$43,440
KRAW LAW GROUP5 years Filed as: KRAW LAW GROUP, APC Service code 29 · EIN 32-0465891	Legal	$40,717
US BANK10+ years Service code 49 · EIN 31-0841368	Other Services	$33,623
EMPLOYEE FIDUCIARY, LLC2 years Filed as: EMPLOYEE #2 Service code 30 · EIN 94-1268305	Employee (plan)	$32,848
EMPLOYEE 52 years Filed as: EMPLOYEE #3 Service code 30 · EIN 94-1268305	Employee (plan)	$32,458
EMPLOYEE 52 years Filed as: EMPLOYEE #4 Service code 30 · EIN 94-1268305	Employee (plan)	$31,612

Plan features & details

Pension benefit codes2C2F2H2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$637K

$659 / participant

Recordkeeping$22K3.5%
Trustee / custodial$14K2.3%
Investment mgmt$140K22.0%
Legal$46K7.2%
Actuarial$26K4.1%
Salaries / allowances$147K23.1%
Other / not subdivided$241K37.9%

% of EOY assets

0.517%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: $25,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,788-100.0%

$119,126-100.0%

$64,728-100.0%

Participation rate

0.0%

69.4%-69.4pp

75.8%-75.8pp

57.9%-57.9pp

Annual return

9.94%

13.19%-3.2pp

282.11%-272.2pp

49.38%-39.4pp

Employer contribution / active EE

$4,948

$4,031+22.7%

$4,034+22.7%

$2,243+120.6%

Participant deferral / active EE

$5,754

$2,599+121.4%

$5,318+8.2%

$2,729+110.8%

Admin fee / account holder

$1,365-100.0%

$10,693-100.0%

$1,145-100.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER

Service code 50 · EIN 06-1050034

Direct Payment

$77,999

BRIDGEWAY BENEFIT TECHNOLOGIES3 years

Service code 50 · EIN 52-1796473

Direct Payment

$52,867

ISLIP & CO8 years

Service code 10 · EIN 68-0344156

Accounting

$50,523

MILLER KAPLAN ARASE LLP10+ years

Service code 10 · EIN 95-2036255

Accounting

$47,502

EMPLOYEE FIDUCIARY, LLC2 years

Filed as: EMPLOYEE #1

Service code 30 · EIN 94-1268305

Employee (plan)

$43,440

KRAW LAW GROUP5 years

Filed as: KRAW LAW GROUP, APC

Service code 29 · EIN 32-0465891

Legal

$40,717

US BANK10+ years

Service code 49 · EIN 31-0841368

Other Services

$33,623

EMPLOYEE FIDUCIARY, LLC2 years

Filed as: EMPLOYEE #2

Service code 30 · EIN 94-1268305

Employee (plan)

$32,848

EMPLOYEE 52 years

Filed as: EMPLOYEE #3

Service code 30 · EIN 94-1268305

Employee (plan)

$32,458

EMPLOYEE 52 years

Filed as: EMPLOYEE #4

Service code 30 · EIN 94-1268305

Employee (plan)

$31,612

U.A. LOCAL NO. 447 DEFINED CONTRIBUTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

U.A. LOCAL NO. 447 DEFINED CONTRIBUTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion