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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $89,901 | — | $89,901 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,901
- Estimated Expense Ratio: 0.004% 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 |