Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Health Welfare Trust Fund Northern Cal.
- Sponsor EIN: 941235152
- Sponsor Address: 5672 STONERIDGE DRIVE, SUITE 400, PLEASANTON, CA, 94588
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 21,735
- Total Assets: $494.4M
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 | 21,735 | $494.4M | $413.6M | $12.9M |
| 2023 | 22,502 | $499.7M | $405.9M | $12.9M |
| 2022 | 22,554 | $439.6M | $381.7M | $13.2M |
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 |
|---|---|---|---|---|
| LABORERS FUND ADMINISTRATION | Other Service Provider | $13,119,034 | — | $13,119,034 |
| ANTHEM BLUE CROSS LIFE INSURANCE CO | Other Service Provider | $4,871,633 | — | $4,871,633 |
| TRANSCARENT INC. | Other Service Provider | $1,609,382 | — | $1,609,382 |
| MCMORGAN AND COMPANY LLC | Other Service Provider | $392,341 | — | $392,341 |
| CGI TECHNOLOGIES AND SOLUTIONS INC. | Other Service Provider | $320,055 | — | $320,055 |
| FINAL OPTION CORP | Other Service Provider | $259,301 | — | $259,301 |
| THE SEGAL COMPANY (WESTERN STATES) | Recordkeeper | $232,953 | — | $232,953 |
| MACKAY SHIELDS LLC | Recordkeeper | — | $196,173 | $196,173 |
| BROWN & BROWN INSURANCE SERVICES | Other Service Provider | $175,000 | — | $175,000 |
| MEKETA FIDUCIARY MANAGEMENT, LLC | Other Service Provider | $90,000 | — | $90,000 |
| HEALTHX INC. | Other Service Provider | $88,250 | — | $88,250 |
| AMERICAN HEALTH HOLDING INC. | Other Service Provider | $80,030 | — | $80,030 |
| BULLIVANT HOUSER BAILEY PC | Other Service Provider | $73,752 | — | $73,752 |
| WEINBERG ROGER & ROSENFELD | Other Service Provider | $67,100 | — | $67,100 |
| WITHUMSMITH+BROWN, PC | Auditor | $61,788 | — | $61,788 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $50,593 | — | $50,593 |
| ALLIANT INSURANCE SERVICES | Other Service Provider | $50,000 | — | $50,000 |
| PART D ADVISORS INC. | Other Service Provider | $45,440 | — | $45,440 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $38,622 | — | $38,622 |
| MARSH MCLENNAN COMPANIES, INC. | Investment Advisor | — | $13,160 | $13,160 |
| RHUMBLINE ADVISERS | Other Service Provider | $10,032 | — | $10,032 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY (WESTERN STATES) — Recordkeeper
- MACKAY SHIELDS LLC — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
- MARSH MCLENNAN COMPANIES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,844,639
- Estimated Expense Ratio: 4.418% 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 | $21,820,534 | $542,965 | $13,119,034 | $61,788 | — |
| 2023 | $22,687,564 | $605,156 | $20,265,343 | $53,835 | — |
| 2022 | $19,960,347 | $615,538 | $11,697,700 | — | $970,209 |