Plan Snapshot
- Plan Sponsor: Laborers Local 235 Annuity Fund
- Sponsor EIN: 133498896
- Sponsor Address: 41 KNOLLWOOD ROAD, ELMSFORD, NY, 105232813
- Plan Type: DC
- Plan Number: 002
- Total Participants: 2,238
- Total Assets: $61.0M
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 | 2,238 | $61.0M | $0 | $0 |
| 2024 | 692 | $58.0M | $3.6M | $0 |
| 2023 | 591 | $52.4M | $3.8M | $0 |
| 2022 | 2,551 | $49.0M | $2.9M | $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 |
|---|---|---|---|---|
| STACEY BRAUN ASSOCIATES, INC. | Investment Advisor | $190,783 | — | $190,783 |
| MARSHALL & MOSS ADMIN SERVICES | Other Service Provider | $33,372 | — | $33,372 |
| MERRILL LYNCH | Investment Advisor | $30,500 | — | $30,500 |
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $15,600 | — | $15,600 |
| BANK OF AMERICA | Custodian / Trustee | $8,431 | — | $8,431 |
| CITRIN COOPERMAN & COMPANY LLP | Other Service Provider | $6,900 | — | $6,900 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $6,900 | — | $6,900 |
| MARSHALL & MOSS PAYROLL COMPLIANCE | Other Service Provider | $5,021 | — | $5,021 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $297,507
- Estimated Expense Ratio: 0.488% 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 | $7,153,993 | $221,283 | $33,372 | $13,800 | — |
| 2024 | $534,407 | $219,113 | $32,892 | $13,200 | — |
| 2023 | $470,314 | $202,654 | $32,892 | $13,200 | — |
| 2022 | $484,016 | $220,560 | $33,228 | — | $29,178 |