Providers › Consulting
Service provider · Schedule C, plan year 2024
Rael & Letson
Most often reported for consulting
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 51 retirement plans with 100 or more participants reported paying Rael & Letson $5,000 or more. Those plans cover 684,527 participant records, and the service most often reported is consulting.
Reported compensation from those plans, direct and indirect, totalled $7.0M. Per plan, the median was $28.95 per participant, with the middle half of plans between $6.36 and $64.34. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (28), Washington (9) and Oregon (3).
In 2009 it appeared on 42 such filings; in 2024, 53. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $6.36 | $28.95 | $64.34 |
| Compensation as a share of plan net assets | 0.02% | 0.05% | 0.08% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Western Unite Here and Employers Pension Fund | Board of Trustees, Western Unite Here and Employers | CA | 154,012 | $3.67B | $897K |
| Sound Retirement Trust | Board of Trustees, Sound Retirement Trust | WA | 107,493 | $2.56B | $284K |
| Sound Variable Annuity Pension Trust | Board of Trustees, Sound Variable Annuity | WA | 102,120 | $140M | $213K |
| Oregon Retail Employees Pension Plan | Board of Trustees, Oregon Retail Employees Pension | OR | 56,361 | $1.06B | $141K |
| Operating Engineers Pension Trust | Board of Trustees, Operating Engineers Pension Trust | CA | 40,018 | $3.65B | $161K |
| Locals 302 & 612 of the IUOE - Employers Construction Industry Retirement Plan | Board of Trustees, Locals 302 & 612 of the IUOE - | WA | 19,582 | $3.33B | $183K |
| Southern California Ibew-Neca Pension Plan | Board of Trustees, Southern California Ibew-Neca | CA | 18,310 | $1.58B | $329K |
| Hotel Industry-Ilwu Pension Plan | Board of Trustees of the Hotel Industry-Ilwu Pension Plan | HI | 16,470 | $316M | $127K |
| Southern California Pipe Trades Retirement Fund | Southern California Pipe Trades Retirement Fund | CA | 15,360 | $1.58B | $233K |
| Hotel Union and Hotel Industry of Hawaii Pension Plan | Board of Trustees of the Hotel Union & Hotel Industry of Hawaii Pensio | HI | 14,918 | $763M | $103K |
| Alaska Electrical Pension Plan | Joint Board of Trustees Alaska Electrical Pension Fund | AK | 11,263 | $2.04B | $315K |
| Alaska Teamster-Employer Pension Trust | Alaska Teamster Employer Pension Trust | AK | 9,416 | $534M | $436K |
| Teamsters Local Union No 572 Retirement Benefit PL | Board of Trustees, Teamsters Local Union No 572 Retirement Benefit Pla | CA | 8,875 | $5.0M | $6,500 |
| Puget Sound Electrical Workers Pension Plan | Board of Trustees, Puget Sound Electrical Workers Pension Trust | WA | 8,704 | $1.31B | $148K |
| Puget Sound Electrical Workers 401(k) Savings Plan | Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan | WA | 8,061 | $622M | $11K |
| Western States Office & Professional Employees Pen | Western States Office & Professional Emp | CA | 6,631 | $601M | $231K |
| Alaska United Food and Commercial Workers Pension Trust | Board of Trustees, Alaska United Food and Commercial | OR | 6,404 | $198M | $125K |
| International Union of Operating Engineers Local 501 Individual Account Plan Trust Fund | Board of Trustees of Int'l Union of Operating Engineers Local 501 Indi | CA | 5,519 | $83.6M | $13K |
| East Bay Restaurant & Tavern Retirement Plan | Board of Trustees, East Bay Restaurant & Tavern | CA | 4,649 | $35.7M | $17K |
| Alaska Electrical Retirement Savings Plan | Joint Board of Trustees Alaska Electrical Pension Fund | AK | 4,632 | $246M | $25K |
| The UAW Labor-Management Group Pension Plan | Board of Trustees, the UAW Labor-Management Group | CA | 4,369 | $70.0M | $62K |
| Intermountain Ironworkers' Tax Deferral Plan | Intermountain Ironworkers Tax Deferral Plan | UT | 4,292 | $118M | $24K |
| I.A.T.S.E. Local 16 Pension Plan | I.A.T.S.E. Local 16 Pension Plan Trustees | CA | 3,877 | $283M | $154K |
| IBEW Local 595 Pension Plan | Board of Trustees, IBEW Local 595 Pension Plan | CA | 3,345 | $545M | $105K |
| IBEW Local 595 Money Purchase Pension Plan | Board of Trustees, IBEW Local 595 Money Purchase | CA | 3,223 | $546M | $26K |
| Cement Masons and Plasterers Retirement Plan | Board of Trustees, Cement Masons and Plasterers Retirement Trust | WA | 2,984 | $446M | $206K |
| Intermountain Ironworkers Pension Trust | Board of Trustees Intermountain Ironworkers Pension Trust | UT | 2,975 | $161M | $193K |
| Monterey Peninsula Restaurant and Hotel Pension Fund | Board of Trustees, Monterey Peninsula Restaurant and | CA | 2,922 | $71.2M | $85K |
| U. a. Local 38 Defined Benefit Pension Plan | Board of Trustees of U. a. Local 38 Trust Funds | CA | 2,816 | $553M | $180K |
| Laborers Pension Trust Fund for Northern Nevada | Board of Trustees, Laborers Pension Trust Fund for Northern Nevada | NV | 2,771 | $207M | $116K |
| Cement Masons and Plasterers 401(k) Plan | Board of Trustees, Cement Masons and Plasterers 401(k) Trust | WA | 2,430 | $17.6M | $10K |
| Northern California Tile Industry Defined Benefit Pension Plan | Board of Trustees, Northern California Tile Industry | CA | 2,365 | $258M | $97K |
| U. a. Local 38 Defined Contribution Pension Plan | Board of Trustees of U.A. Local 38 Trust Funds | CA | 2,230 | $210M | $97K |
| Iron Workers Regional Shop Local Union No 855 Pension Trust | Iron Workers Regional Shop Local Union 855 Pension Trust | CA | 2,111 | $77.1M | $83K |
| Sheet Metal Workers' Local Union No. 9 Pension Pla | Trustees of Sheet Metal Workers' Local No. 9 Pension Plan | CO | 2,061 | $193M | $147K |
| Opeiu Locals 30 & 537 Retirement Fund | Board of Trustees, Opeiu Locals 30 & 537 | CA | 2,022 | $152M | $194K |
| U.A. Local No. 447 Pension Fund | Board of Trustees, U.A. Local No. 447 Pension Fund | CA | 2,019 | $274M | $181K |
| Bac Local No. 1 Washington Pension Trust | Bac Local No. 1 Washington Pension Trust | WA | 1,765 | $163M | $89K |
| Western Glaziers Retirement Plan | Board of Trustees, Western Glaziers Retirement Plan | WA | 1,757 | $414M | $110K |
| Western Growers Pension Trust Plan a | Western Growers Pension Trust Plan a | CA | 1,680 | −$75.7M | $2,000 |
Questions and answers
How many plans does Rael & Letson serve?
51 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Rael & Letson?
The median plan reported $28.95 per participant in direct and indirect compensation (51 plans reporting an amount), or 0.05% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Actuarial (45 plans), Consulting (pension) (28 plans), Consulting (general) (8 plans) and Valuation (appraisals, etc.) (3 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.