Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Local 231 Pension Fund
- Sponsor EIN: 376040563
- Sponsor Address: 2503 BROADWAY, PEKIN, IL, 615543907
- Plan Type: DB
- Total Participants: 462
- Total Assets: $125.8M
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 | 462 | $125.8M | $7.7M | $0 |
| 2023 | 455 | $112.7M | $7.1M | $0 |
| 2022 | 426 | $101.3M | $6.3M | $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 |
|---|---|---|---|---|
| SEGALL, BRYANT, & HAMILL, LLC | NONE | $126,227 | $2,518 | $128,745 |
| ULLICO INVESTMENT ADVISORS INC. | NONE | $85,575 | — | $85,575 |
| NATIONAL INV SERVICES OF AMERICA | NONE | $65,396 | — | $65,396 |
| SYSTEMATIC FINANCIAL | NONE | $48,903 | $207 | $49,110 |
| CHEVY CHASE TRUST COMPANY | NONE | $45,440 | — | $45,440 |
| SEGAL COMPANY (MIDWEST) INC | NONE | $36,535 | — | $36,535 |
| ROMOLO & ASSOCIATES, LLC | NONE | $35,678 | — | $35,678 |
| COMMERCE TRUST COMPANY | NONE | $22,617 | $12,657 | $35,274 |
| CAVANAGH & OHARA LLP | NONE | $29,533 | — | $29,533 |
| MARQUETTE ASSOCIATES | NONE | $29,063 | — | $29,063 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | NONE | $24,000 | — | $24,000 |
| MR. MICROCHIP | NONE | $11,275 | — | $11,275 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $575,624
- Estimated Expense Ratio: 0.458% 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 | $780,967 | $29,062 | — | $14,500 | — |
| 2023 | $692,896 | $26,250 | — | $14,500 | — |
| 2022 | $733,014 | $453,955 | — | — | $85,492 |