Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Local 231 Annuity Fund
- Sponsor EIN: 371230607
- Sponsor Address: PO BOX 374, PEKIN, IL, 615543907
- Plan Type: DC
- Plan Number: 001
- Total Participants: 954
- Total Assets: $40.7M
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 | 954 | $40.7M | $6.1M | $0 |
| 2023 | 766 | $35.0M | $4.5M | $0 |
| 2022 | 745 | $32.1M | $4.4M | $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 |
|---|---|---|---|---|
| LABORERS LOCAL 231 H&W FUND | Recordkeeper | $128,423 | — | $128,423 |
| NATIONAL INVESTMENT SERVICES, INC | Other Service Provider | $15,968 | — | $15,968 |
| COMMERCE TRUST COMPANY | Other Service Provider | $5,015 | $7,892 | $12,907 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $12,080 | — | $12,080 |
| ROMOLO & ASSOCIATES, LLC | Other Service Provider | $11,088 | — | $11,088 |
| MARQUETTE ASSOCIATES | Other Service Provider | $11,042 | — | $11,042 |
| CAVANAGH & O'HARA | Other Service Provider | $5,098 | — | $5,098 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LABORERS LOCAL 231 H&W FUND — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $196,606
- Estimated Expense Ratio: 0.483% 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 | $208,807 | $44,106 | $128,423 | $11,000 | — |
| 2023 | $168,101 | $38,882 | $102,924 | $11,000 | — |
| 2022 | $165,581 | $45,680 | $96,705 | — | $16,000 |