# Board Of Trustees Of Laborers Local 231 Health & Welfare Plan Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-laborers-local-231-health-welfare-plan-376031467-501

> Board Of Trustees Of Laborers Local 231 Health & Welfare Plan's Health & Welfare plan: 368 participants, plan year 2024 financials, providers, and benchmarks…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Laborers Local 231 Health & Welfare Plan

- **Sponsor EIN:** 376031467

- **Sponsor Address:** 2503 BROADWAY, PEKIN, IL, 615543907

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 368

- **Total Assets:** $21.5M

## 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|368|$21.5M|$6.5M|$38,552|

| 2023|334|$18.8M|$6.1M|$43,659|

| 2022|321|$17.2M|$5.4M|$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|

| EMPLOYEE 2|Recordkeeper|$217,333|—|$217,333|

| EMPLOYEE 1|Recordkeeper|$148,020|—|$148,020|

| THE SEGAL COMPANY (MIDWEST), INC|Other Service Provider|$39,150|—|$39,150|

| ROMOLO & ASSOCIATES|Other Service Provider|$38,361|—|$38,361|

| CAVANAGH & OHARA, LLP|Other Service Provider|$29,228|—|$29,228|

| BRIDGEWAY BENEFIT TECHNOLOGIES LLC|Other Service Provider|$24,000|—|$24,000|

| NATIONAL INVESTMENT SERVICES|Other Service Provider|$21,580|—|$21,580|

| SAV RX|Other Service Provider|$17,579|—|$17,579|

| MR. MICROCHIP SOFTWARE CENTER INC|Other Service Provider|$11,275|—|$11,275|

| MARQUETTE & ASSOCIATES|Other Service Provider|$10,875|—|$10,875|

| COMMERCE BANK|Other Service Provider|$3,330|$2,720|$6,050|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [EMPLOYEE 2](https://planprovider.pro/provider/employee-fiduciary) — Recordkeeper

- [EMPLOYEE 1](https://planprovider.pro/provider/employee-fiduciary) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $563,451

- **Estimated Expense Ratio:** 2.626% 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|$755,145|$10,875|$37,397|$17,500|—|

| 2023|$658,896|$10,500|$34,769|$17,500|—|

| 2022|$650,115|$43,310|$35,118|—|$96,371|

## Similar Plans

- [Board Of Trustees Of Mid-America Carp Reg Council Supplemental Retirem](https://planprovider.pro/companies/board-of-trustees-of-mid-america-carp-reg-council-supplemental-retirem-800636673-001) — 16,383 participants

- [Bd Of Trustees, Chicago & Vicinity Laborers' Distr. Council Pens Fund](https://planprovider.pro/companies/bd-of-trustees-chicago-vicinity-laborers-distr-council-pens-fund-362514514-002) — 11,313 participants

- [Board Of Trustees Of Chicago & Vicinity Laborers' District Council H&W](https://planprovider.pro/companies/board-of-trustees-of-chicago-vicinity-laborers-district-council-h-w-362151212-501) — 11,150 participants

- [Board Of Trustees Of Mid-America Carpenters Regional Council Pension F](https://planprovider.pro/companies/board-of-trustees-of-mid-america-carpenters-regional-council-pension-f-plan) — 10,902 participants

- [Trustees Of Iron Wkers' Mid-America Supplemental](https://planprovider.pro/companies/trustees-of-iron-wkers-mid-america-supplemental-plan) — 7,052 participants

- [Walsh Construction Company](https://planprovider.pro/companies/walsh-construction-company-401k-plan) — 4,511 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-laborers-local-231-health-welfare-plan-376031467-501)

© 2026 PlanProvider.Pro