Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers Local 235 Pension Fund
- Sponsor EIN: 136186984
- Sponsor Address: 41 KNOLLWOOD ROAD, ELMSFORD, NY, 105232143
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,274
- Total Assets: $111.2M
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 | 1,274 | $111.2M | $0 | $0 |
| 2024 | 522 | $103.8M | $4.9M | $0 |
| 2023 | 377 | $96.8M | $5.0M | $0 |
| 2022 | 306 | $88.5M | $4.0M | $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 | $142,720 | — | $142,720 |
| BOSTON PARTNERS GLOBAL INVEST, INC. | Investment Advisor | $95,145 | — | $95,145 |
| MARSHALL & MOSS ADMIN SERVICES | Other Service Provider | $75,221 | — | $75,221 |
| LAZARD ASSET MANAGEMENT, LLC | Investment Advisor | $72,026 | — | $72,026 |
| INTERCONTINENTAL REAL ESTATE | Custodian / Trustee | $67,698 | — | $67,698 |
| CLEARBRIDGE INVESTMENTS, LLC | Investment Advisor | $62,478 | — | $62,478 |
| THE SEGAL COMPANY, INC. | Actuary | $51,000 | — | $51,000 |
| IRINA HONCZARENKO | Other Service Provider | $40,105 | — | $40,105 |
| MERRILL LYNCH | Investment Advisor | $40,000 | — | $40,000 |
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $33,000 | — | $33,000 |
| JOANNE PANTELEO | Other Service Provider | $28,186 | — | $28,186 |
| ANGELA VASSALO | Other Service Provider | $28,081 | — | $28,081 |
| CITRIN COOPERMAN & COMPANY, LLP | Other Service Provider | $28,050 | — | $28,050 |
| BANK OF AMERICA | Custodian / Trustee | $20,549 | — | $20,549 |
| MARSHALL & MOSS PAYROLL COMPLIANCE | Auditor | $9,154 | — | $9,154 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $793,413
- Estimated Expense Ratio: 0.713% 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 | $10,068,058 | $502,198 | $34,140 | $28,050 | — |
| 2024 | $1,179,285 | $501,648 | $34,668 | $27,600 | — |
| 2023 | $1,070,722 | $413,030 | $34,668 | $27,600 | — |
| 2022 | $995,567 | $472,685 | $39,888 | — | $108,943 |