Plan Snapshot
- Plan Sponsor: Bd. Of Trustees Of Mass. Laborers Annuity Fund
- Sponsor EIN: 046553616
- Sponsor Address: 1400 DISTRICT AVENUE, BURLINGTON, MA, 018035236
- Plan Type: DC
- Total Participants: 13,601
- Total Assets: $2.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 13,601 | $2.3B | $149.2M | $0 |
| 2023 | 11,506 | $2.2B | $149.6M | $0 |
| 2022 | 11,709 | $2.0B | $147.7M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WALTER SCOTT & PARTNERS LIMITED | Other Service Provider | $591,336 | — | $591,336 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $571,217 | — | $571,217 |
| ARTISAN PARTNERS LP | Other Service Provider | $525,322 | — | $525,322 |
| DODGE & COX INVESTMENT MANAGER | Other Service Provider | $498,122 | — | $498,122 |
| ACADIAN ASSET MANAGEMENT LLC | Other Service Provider | $469,993 | — | $469,993 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $386,598 | — | $386,598 |
| ALLIANCE BERNSTEIN LP | Other Service Provider | $305,111 | — | $305,111 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $243,549 | — | $243,549 |
| LAZARD ASSET MANAGEMENT | Other Service Provider | $191,927 | — | $191,927 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $150,401 | — | $150,401 |
| SEGAL ROITMAN LLP | Other Service Provider | $145,107 | — | $145,107 |
| THE SEGAL CO (EASTERN STATES), INC | Other Service Provider | $119,486 | — | $119,486 |
| CMIT SOLUTIONS | Other Service Provider | $89,913 | — | $89,913 |
| EMPLOYEE A | Recordkeeper | $88,920 | — | $88,920 |
| EMPLOYEE B | Recordkeeper | $77,903 | — | $77,903 |
| EMPLOYEE C | Recordkeeper | $62,939 | — | $62,939 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $54,758 | — | $54,758 |
| EMPLOYEE D | Recordkeeper | $53,131 | — | $53,131 |
| CORRENTE LAW CORP | ERISA Attorney | $52,000 | — | $52,000 |
| O'REILLY GROSSO GROSS & JONES P.C. | Other Service Provider | $52,000 | — | $52,000 |
| EMPLOYEE E | Recordkeeper | $48,732 | — | $48,732 |
| 617 MEDIA GROUP | Other Service Provider | $47,683 | — | $47,683 |
| EMPLOYEE F | Recordkeeper | $40,552 | — | $40,552 |
| EMPLOYEE G | Recordkeeper | $39,285 | — | $39,285 |
| EMPLOYEE H | Recordkeeper | $38,058 | — | $38,058 |
| EMPLOYEE K | Recordkeeper | $34,405 | — | $34,405 |
| EMPLOYEE I | Recordkeeper | $34,346 | — | $34,346 |
| EMPLOYEE J | Recordkeeper | $34,339 | — | $34,339 |
| EMPLOYEE L | Recordkeeper | $30,203 | — | $30,203 |
| EMPLOYEE M | Recordkeeper | $28,353 | — | $28,353 |
| EMPLOYEE N | Recordkeeper | $27,129 | — | $27,129 |
| EMPLOYEE O | Recordkeeper | $26,821 | — | $26,821 |
| EMPLOYEE P | Recordkeeper | $26,656 | — | $26,656 |
| EMPLOYEE Q | Recordkeeper | $26,480 | — | $26,480 |
| SEGAL SELECT INS SVCS INC | Other Service Provider | — | $25,953 | $25,953 |
| EMPLOYEE R | Recordkeeper | $25,671 | — | $25,671 |
| EMPLOYEE S | Recordkeeper | $25,354 | — | $25,354 |
| RHUMBLINE ADVISERS LP | Other Service Provider | $15,947 | — | $15,947 |
| KONICA MINOLTA PREMIER | Other Service Provider | $6,688 | — | $6,688 |
| RANKIN & SULTAN | Other Service Provider | $5,816 | — | $5,816 |
| ROBERT HALF | Other Service Provider | $5,308 | — | $5,308 |
| PROXYVOTE PLUS HOLDINGS INC | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI LLP — Auditor
- EMPLOYEE A — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE D — Recordkeeper
- EMPLOYEE E — Recordkeeper
- EMPLOYEE F — Recordkeeper
- EMPLOYEE G — Recordkeeper
- EMPLOYEE H — Recordkeeper
- EMPLOYEE K — Recordkeeper
- EMPLOYEE I — Recordkeeper
- EMPLOYEE J — Recordkeeper
- EMPLOYEE L — Recordkeeper
- EMPLOYEE M — Recordkeeper
- EMPLOYEE N — Recordkeeper
- EMPLOYEE O — Recordkeeper
- EMPLOYEE P — Recordkeeper
- EMPLOYEE Q — Recordkeeper
- EMPLOYEE R — Recordkeeper
- EMPLOYEE S — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,328,512
- Estimated Expense Ratio: 0.233% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,430,588 | $3,579,610 | — | $89,901 | — |
| 2023 | $6,518,739 | $3,459,667 | — | $76,000 | — |
| 2022 | $6,518,505 | $4,045,992 | — | — | $474,147 |