Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Pension Trust Fund For Nor Cal-Annuity
- Sponsor EIN: 946277608
- Sponsor Address: 5672 STONERIDGE DRIVE, SUITE 100, PLEASANTON, CA, 94588
- Plan Type: DC
- Plan Number: 002
- Total Participants: 29,190
- Total Assets: $1.6B
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 | 29,190 | $1.6B | $152.0M | $0 |
| 2023 | 29,331 | $1.4B | $154.3M | $0 |
| 2022 | 29,863 | $1.4B | $152.2M | $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 FUND ADMINISTRATION | Other Service Provider | $1,259,716 | — | $1,259,716 |
| MCMORGAN & COMPANY LLC | Other Service Provider | $986,328 | — | $986,328 |
| MACKAY SHIELDS LLC | Recordkeeper | — | $492,712 | $492,712 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $270,000 | — | $270,000 |
| U.S BANK NATIONAL ASSOCIATION | Recordkeeper | $144,231 | — | $144,231 |
| THE UNION LABOR LIFE INSURANCE COMP | Recordkeeper | $113,329 | — | $113,329 |
| ULLICO INVESTMENT ADVISORS INC. | Other Service Provider | $102,316 | — | $102,316 |
| WITHUMSMITH+BROWN, PC | Auditor | $98,374 | — | $98,374 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $82,547 | — | $82,547 |
| MARSH & MCLENNAN COMPANIES INC | Investment Advisor | — | $40,151 | $40,151 |
| THE SEGAL COMPANY | Recordkeeper | $37,214 | — | $37,214 |
| BULLIVANT HOUSER BAILEY PC | Other Service Provider | $34,610 | — | $34,610 |
| WEINBERG, ROGER & ROSENFELD | Other Service Provider | $34,001 | — | $34,001 |
| 16 POINTS LLC | Other Service Provider | — | $31,898 | $31,898 |
| FINAL OPTION CORP | Other Service Provider | $12,161 | — | $12,161 |
| RHUMBLINE ADVISORS QSI LLC | Other Service Provider | $5,183 | — | $5,183 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MACKAY SHIELDS LLC — Recordkeeper
- U.S BANK NATIONAL ASSOCIATION — Recordkeeper
- THE UNION LABOR LIFE INSURANCE COMP — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- MARSH & MCLENNAN COMPANIES INC — Investment Advisor
- THE SEGAL COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,744,771
- Estimated Expense Ratio: 0.240% 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 | $3,373,403 | $1,721,611 | — | $98,374 | — |
| 2023 | $3,543,211 | $1,696,340 | $1,350,091 | $79,702 | — |
| 2022 | $5,367,811 | $3,818,048 | $1,140,470 | — | $162,710 |