Plan Snapshot
- Plan Sponsor: Board Of Trustees,Laborers Pension Trust Fund-Detroit And Vicinity
- Sponsor EIN: 516030973
- Sponsor Address: 700 TOWER DRIVE SUITE 300, TROY, MI, 480982808
- Plan Type: DB
- Total Participants: 2,895
- Total Assets: $886.1M
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 | 2,895 | $886.1M | $0 | $0 |
| 2024 | 3,016 | $828.0M | $0 | $0 |
| 2023 | 3,153 | $771.0M | $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 |
|---|---|---|---|---|
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $35,000 | — | $35,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,000
- Estimated Expense Ratio: 0.004% 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 | $2,940,223 | $1,256,456 | $389,711 | $35,000 | — |
| 2024 | $2,989,102 | $1,304,954 | $389,711 | $31,500 | — |
| 2023 | $2,213,823 | $762,347 | $389,711 | — | $478,189 |