Plan Snapshot
- Plan Sponsor: Board Of Trustees, Laborers Health & Wel Trust Fd For Southern Califor
- Sponsor EIN: 516146048
- Sponsor Address: 1123 PARK VIEW DRIVE, STE 200, COVINA, CA, 91724
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 27,764
- Total Assets: $237.8M
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 | 27,764 | $237.8M | $350.8M | $4.6M |
| 2023 | 25,110 | $218.6M | $334.2M | $5.1M |
| 2022 | 21,050 | $191.1M | $308.8M | $5.3M |
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 |
|---|---|---|---|---|
| PACIFIC SOUTHWEST ADMINISTRATORS | Other Service Provider | $8,113,530 | — | $8,113,530 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $4,768,068 | — | $4,768,068 |
| CLTFSC, LLC | Other Service Provider | $1,567,309 | — | $1,567,309 |
| OPTUMRX | Other Service Provider | $252,768 | $99,764 | $352,532 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $193,772 | — | $193,772 |
| REICH, ADELL & CVITAN | Other Service Provider | $176,792 | — | $176,792 |
| THE SEGAL COMPANY | Recordkeeper | $125,000 | — | $125,000 |
| SHOGREN SERVICES, LLC | Other Service Provider | $110,850 | — | $110,850 |
| CALIBRE CPA GROUP, PLLC | Auditor | $109,000 | — | $109,000 |
| ALAN Z. WEISS | Other Service Provider | $79,380 | — | $79,380 |
| COX, CASTLE & NICHOLSON | Other Service Provider | $65,616 | — | $65,616 |
| ASSURED PARTNERS OF CALIFORNIA | Other Service Provider | $61,550 | — | $61,550 |
| EPIC HEARING HEALTHCARE | Other Service Provider | $60,906 | — | $60,906 |
| LEONARD J. SILBERMAN | Other Service Provider | $56,900 | — | $56,900 |
| HOWARD GOODMAN | Other Service Provider | $41,315 | — | $41,315 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $36,560 | — | $36,560 |
| NEPC, LLC | Recordkeeper | $35,000 | — | $35,000 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $21,000 | — | $21,000 |
| THE LAW OFFICE OF KENNETH KINGDON | Other Service Provider | $9,885 | — | $9,885 |
| UNION ADR, LLC | Other Service Provider | $6,155 | — | $6,155 |
| PACIFICA ARBITRATION | Other Service Provider | $5,828 | — | $5,828 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- CALIBRE CPA GROUP, PLLC — Auditor
- US BANK NATIONAL ASSOCIATION — Recordkeeper
- NEPC, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,996,948
- Estimated Expense Ratio: 6.727% 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 | $11,686,807 | $241,916 | $8,113,530 | $74,260 | — |
| 2023 | $10,948,858 | $203,850 | $7,722,456 | $155,191 | — |
| 2022 | $11,083,815 | $219,141 | $7,497,528 | — | $406,888 |