Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Local No. 91 Pension Fund
- Sponsor EIN: 516031768
- Sponsor Address: 4500 WITMER INDUSTRIAL ESTATES, NIAGARA FALLS, NY, 14305
- Plan Type: DB
- Plan Number: 001
- Total Participants: 156
- Total Assets: $3.1M
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 | 156 | $3.1M | $4.2M | $0 |
| 2023 | 148 | $6.6M | $3.5M | $0 |
| 2022 | 121 | $10.2M | $3.9M | $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 91 WELFARE FUND | Other Service Provider | $130,520 | — | $130,520 |
| ACRISURE | Other Service Provider | $110,344 | — | $110,344 |
| ARCARA LENDA EUSANIO & STACEY CPA'S | Other Service Provider | $51,453 | — | $51,453 |
| LIPSITZ GREEN SCIME & CAMBRIA | Other Service Provider | $24,076 | — | $24,076 |
| JBM COMPUTER CONSULTANTS INC. | Other Service Provider | $19,744 | — | $19,744 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $14,919 | — | $14,919 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $351,056
- Estimated Expense Ratio: 11.158% 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 | $422,425 | $17,599 | — | $51,453 | — |
| 2023 | $374,215 | $41,710 | — | $48,692 | — |
| 2022 | $280,244 | $66,913 | — | — | $125,910 |