Retirement plan

B.A.C. LOCAL NO. 3 PENSION PLAN

Name: BOARD OF TRUSTEES, B.A.C. LOCAL NO. 3 PENSION TRUST - B.A.C. LOCAL NO. 3 PENSION PLAN (2025) Form 5500
Creator: BOARD OF TRUSTEES, B.A.C. LOCAL NO. 3 PENSION TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B.A.C. LOCAL NO. 3 PENSION PLAN, BOARD OF TRUSTEES, B.A.C. LOCAL NO. 3 PENSION TRUST

BOARD OF TRUSTEES, B.A.C. LOCAL NO. 3 PENSION TRUSTEIN 90-0888690Plan #001PY 2025

7180 KOLL CENTER PKWY STE 200 - PLEASANTON, CA 94566925-208-9999

Other plans on this EIN

1 filing

#002Retirement-$125.5M assets

Prospect flagsHigh retiree %Low participationLow employer contribution

How to read this page

Total assets (EOY)

$188.2M

-9.3% from 2017

Total participants

1,875

-7.3% from 2017

Average account balance

No prior year

Annual return

7.79%

-11.53 pp from 2017

Benchmarks

See 114 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants250-999

Cohort114 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$188.23M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

1,037

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

$6.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+7.79%

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 17 by compensation

Provider	Service type	Compensation
BENESYS, INC.2 years Filed as: BENESYS INC. Service code 14 · EIN 38-2383171	Plan Administrator	$237,132
RBC GLOBAL ASSET MANAGEMENT3 years Service code 28 · EIN 41-1460668	Investment Management	$116,220
INVESTMENT PERFORMANCE SERVICES8 years Service code 16 · EIN 58-1645832	Consulting	$105,000
WEDGE CAPITAL MANAGEMENT5 years Service code 51 · EIN 54-1557450	Investment Mgmt Fees	$97,374
LOOMIS SAYLES8 years Filed as: LOOMIS SAYLES & COMPANY Service code 51 · EIN 84-6391546	Investment Mgmt Fees	$76,962
NWPS3 years Service code 11 · EIN 04-3721424	Actuarial	$60,548
KRAW LAW GROUP10+ years Service code 29 · EIN 77-0171216	Legal	$54,027
AMERICAN REALTY ADVISORS3 years Filed as: AMERICAN REALTY ADVISORS LLC Service code 28 · EIN 33-0123114	Investment Management	$46,180
VICTORY3 years Filed as: VICTORY CAPITAL MANAGEMENT Service code 51 · EIN 26-3761443	Investment Mgmt Fees	$41,310
MILLER KAPLAN ARASE LLP2 years Service code 10 · EIN 95-2036255	Accounting	$40,500

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$1368 / participant

Recordkeeping$20K1.7%
Trustee / custodial$13K1.1%
Investment mgmt$562K49.0%
Legal$64K5.5%
Actuarial$61K5.3%
Other trustee fees$14K1.2%
Contract admin$237K20.7%
Other / not subdivided$177K15.5%

% of EOY assets

0.609%

all-in expense ratio

Categories reported

7 / 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: $40,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,130-100.0%

Participation rate

0.0%

0.0%0pp

12.5%-12.5pp

0.0%0pp

Annual return

7.79%

8.62%-0.8pp

8.99%-1.2pp

10.52%-2.7pp

Employer contribution / active EE

$7,760

$14,400-46.1%

$25,171-69.2%

$15,140-48.7%

Participant deferral / active EE

$2,028-100.0%

$1-100.0%

$2,028-100.0%

Admin fee / account holder

$1,134-100.0%

Provider

Service type

Compensation

BENESYS, INC.2 years

Filed as: BENESYS INC.

Service code 14 · EIN 38-2383171

Plan Administrator

$237,132

RBC GLOBAL ASSET MANAGEMENT3 years

Service code 28 · EIN 41-1460668

Investment Management

$116,220

INVESTMENT PERFORMANCE SERVICES8 years

Service code 16 · EIN 58-1645832

Consulting

$105,000

WEDGE CAPITAL MANAGEMENT5 years

Service code 51 · EIN 54-1557450

Investment Mgmt Fees

$97,374

LOOMIS SAYLES8 years

Filed as: LOOMIS SAYLES & COMPANY

Service code 51 · EIN 84-6391546

Investment Mgmt Fees

$76,962

NWPS3 years

Service code 11 · EIN 04-3721424

Actuarial

$60,548

KRAW LAW GROUP10+ years

Service code 29 · EIN 77-0171216

Legal

$54,027

AMERICAN REALTY ADVISORS3 years

Filed as: AMERICAN REALTY ADVISORS LLC

Service code 28 · EIN 33-0123114

Investment Management

$46,180

VICTORY3 years

Filed as: VICTORY CAPITAL MANAGEMENT

Service code 51 · EIN 26-3761443

Investment Mgmt Fees

$41,310

MILLER KAPLAN ARASE LLP2 years

Service code 10 · EIN 95-2036255

Accounting

$40,500

B.A.C. LOCAL NO. 3 PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B.A.C. LOCAL NO. 3 PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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