Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Pension Trust Fund For Northern California
- Sponsor EIN: 946277608
- Sponsor Address: 5672 STONERIDGE DRIVE SUITE 100, PLEASANTON, CA, 94588
- Plan Type: DB
- Plan Number: 001
- Total Participants: 20,573
- Total Assets: $5.5B
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 | 20,573 | $5.5B | $360.6M | $0 |
| 2023 | 21,267 | $4.9B | $353.7M | $0 |
| 2022 | 21,375 | $4.6B | $335.9M | $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 FUND ADMINISTRATION | Other Service Provider | $7,701,479 | — | $7,701,479 |
| TDA INVESTMENT GROUP | Other Service Provider | $1,208,579 | — | $1,208,579 |
| MEKETA FIDUCIARY MANAGEMENT LLC | Other Service Provider | $1,040,000 | — | $1,040,000 |
| MCMORGAN & COMPANY LLC | Other Service Provider | $627,080 | — | $627,080 |
| US BANK | Recordkeeper | $492,764 | — | $492,764 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $411,749 | — | $411,749 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $358,448 | — | $358,448 |
| MACKAY SHIELDS LLC | Recordkeeper | — | $305,931 | $305,931 |
| WITHUMSMITH+BROWN PC | Auditor | $250,068 | — | $250,068 |
| THE SEGAL COMPANY | Other Service Provider | $234,639 | — | $234,639 |
| BRANDYWINE GLOBAL INVESTMENT MGMT | Other Service Provider | $153,033 | — | $153,033 |
| WEINBERG, ROGER & ROSENFELD | Other Service Provider | $131,722 | — | $131,722 |
| BULLIVANT HOUSER BAILEY PC | Other Service Provider | $117,125 | — | $117,125 |
| CBRE | Other Service Provider | $113,403 | — | $113,403 |
| FINAL OPTION CORP | Other Service Provider | $112,650 | — | $112,650 |
| THE BERWYN GROUP | Recordkeeper | $105,902 | — | $105,902 |
| MARSH & MCLENNAN COMPANIES INC. | Investment Advisor | — | $67,809 | $67,809 |
| 16 POINTS LLC | Other Service Provider | — | $61,219 | $61,219 |
| NEWTOWER TRUST COMPANY | Other Service Provider | — | $39,029 | $39,029 |
| RHUMBLINE | Other Service Provider | $35,664 | — | $35,664 |
| COVIUS DOCUMENT SERVICES | Other Service Provider | $30,000 | — | $30,000 |
| KOHINOOR SERIES THREE FUND | Other Service Provider | $20,147 | — | $20,147 |
| GTIS REAL ESTATE MANAGEMENT LLC | Other Service Provider | — | $12,065 | $12,065 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- US BANK — Recordkeeper
- MACKAY SHIELDS LLC — Recordkeeper
- WITHUMSMITH+BROWN PC — Auditor
- THE BERWYN GROUP — Recordkeeper
- MARSH & MCLENNAN COMPANIES INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,630,505
- Estimated Expense Ratio: 0.249% 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 | $16,156,967 | $4,488,486 | $7,701,479 | $250,068 | — |
| 2023 | $16,607,006 | $4,467,935 | $8,930,320 | $218,852 | — |
| 2022 | $14,505,625 | $5,187,618 | $6,775,431 | — | $748,765 |