Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers' National H&W Fund
- Sponsor EIN: 521601994
- Sponsor Address: 905 16TH STREET, NW, WASHINGTON, DC, 20006
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,979
- Total Assets: $82.1M
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. |
|---|---|---|---|---|
| 2025 | 1,979 | $82.1M | $0 | $0 |
| 2024 | 2,030 | $80.8M | $31.1M | $32,532 |
| 2023 | 2,043 | $72.6M | $29.3M | $39,226 |
| 2022 | 2,057 | $67.5M | $29.2M | $65,114 |
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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $1,071,761 | — | $1,071,761 |
| LIUNA STAFF AND AFFILIATES PENSION | Other Service Provider | $167,219 | — | $167,219 |
| SEGAL COMPANY | Other Service Provider | $122,000 | — | $122,000 |
| JAMES S. RAY | Other Service Provider | $92,999 | — | $92,999 |
| EMPLOYEE2 | Other Service Provider | $89,314 | — | $89,314 |
| JPMORGAN INVESTMENT MGMT | Other Service Provider | $88,277 | — | $88,277 |
| EMPLOYEE3 | Other Service Provider | $86,358 | — | $86,358 |
| EXPRESS SCRIPTS | Other Service Provider | $81,816 | — | $81,816 |
| EMPLOYEE1 | Other Service Provider | $58,838 | — | $58,838 |
| CALIBRE CPA GROUP PLLC | Other Service Provider | $35,200 | — | $35,200 |
| SEGAL MARCO ADVISORS | Other Service Provider | $30,000 | — | $30,000 |
| BANK OF NEW YORK MELLON | Other Service Provider | $5,640 | — | $5,640 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,929,422
- Estimated Expense Ratio: 2.350% 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 | $34,607,304 | $123,917 | $167,219 | $35,200 | — |
| 2024 | $2,359,999 | $119,353 | $106,252 | $35,200 | — |
| 2023 | $2,238,735 | $113,529 | $104,515 | $31,700 | — |
| 2022 | $2,332,997 | $112,513 | $545,718 | — | $265,774 |