Plan Snapshot
- Plan Sponsor: Board Of Trustees, Michigan Laborers' Annuity Fund
- Sponsor EIN: 383345443
- Sponsor Address: 6452 MILLENUM DR, STE 100, LANSING, MI, 489177881
- Plan Type: DC
- Total Participants: 4,355
- Total Assets: $118.6M
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 | 4,355 | $118.6M | $0 | $0 |
| 2023 | 21,709 | $100.0M | $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 | $22,800 | — | $22,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,800
- Estimated Expense Ratio: 0.019% 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 | $728,153 | $363,913 | $231,424 | $22,800 | — |
| 2023 | $569,223 | $305,693 | $149,960 | — | $57,137 |