Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Laborers 785 Pension Plan
- Sponsor EIN: 166062418
- Sponsor Address: 622 WEST STATE STREET, ITHACA, NY, 148503333
- Plan Type: DB
- Total Participants: 437
- Total Assets: $117.6M
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 | 437 | $117.6M | $4.5M | $0 |
| 2023 | 403 | $106.9M | $4.5M | $0 |
| 2022 | 432 | $94.9M | $4.4M | $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 |
|---|---|---|---|---|
| BANK OF AMERICA | NONE | $252,303 | — | $252,303 |
| HEIDI O'ROURKE | EMPLOYEE | $67,820 | — | $67,820 |
| TERRY CLARK | EMPLOYEE | $66,236 | — | $66,236 |
| COLUMBIA INTERMEDIATE TERM | NONE | $55,508 | — | $55,508 |
| BONADIO & CO., LLP | NONE | $41,954 | — | $41,954 |
| LOOMIS LARGE CAP GROWTH | NONE | $40,261 | — | $40,261 |
| BOSTON PARTNERS LARGE CAP VALUE | NONE | $40,080 | — | $40,080 |
| O'SULLIVAN ASSOCIATES, INC. | NONE | $34,675 | — | $34,675 |
| LIPSITZ GREEN SCRIME CAMBRIA LP | NONE | $20,177 | — | $20,177 |
| LABORERS LOCAL #785 BUILDING CORP | RELATED AFFILIATE | $6,900 | — | $6,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $625,914
- Estimated Expense Ratio: 0.532% 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 | $798,144 | $388,328 | — | $23,785 | — |
| 2023 | $721,566 | $341,806 | — | $23,785 | — |
| 2022 | $714,048 | $342,825 | — | — | $78,536 |