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
- 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. |
|---|---|---|---|---|
| 2025 | 954 | $40.7M | $0 | $0 |
| 2024 | 766 | $35.0M | $0 | $0 |
| 2023 | 745 | $32.1M | $0 | $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 |
|---|---|---|---|---|
| ROMOLO & ASSOCIATES, LLC | Auditor | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.027% 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 |
|---|---|---|---|---|---|
| 2025 | $208,807 | $44,106 | $128,423 | $11,000 | — |
| 2024 | $168,101 | $38,882 | $102,924 | $11,000 | — |
| 2023 | $165,581 | $45,680 | $96,705 | — | $16,000 |