# Board Of Trustees Of Minnesota Laborers Pension Fund DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-minnesota-laborers-pension-fund-plan

> Board Of Trustees Of Minnesota Laborers Pension Fund's DB plan: 10,758 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Minnesota Laborers Pension Fund

- **Sponsor EIN:** 416159599

- **Sponsor Address:** 2520 PILOT KNOB ROAD, SUITE 325, MENDOTA HEIGHTS, MN, 551201369

- **Plan Type:** DB

- **Total Participants:** 10,758

- **Total Assets:** $3.2B

## 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|10,758|$3.2B|$171.1M|$0|

| 2023|10,089|$3.0B|$168.3M|$0|

| 2022|10,029|$2.7B|$161.5M|$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|

| ZENITH AMERICAN SOLUTIONS INC.|NONE|$818,741|—|$818,741|

| CHAMPLAIN INVESTMENT PARTNERS|NONE|$556,946|—|$556,946|

| SHENKMAN CAPITAL MANAGEMENT|NONE|$548,457|—|$548,457|

| UNION BANK & TRUST COMPANY|NONE|$436,092|—|$436,092|

| MAIRS AND POWER|NONE|$424,020|—|$424,020|

| ASB CAPITAL MANAGEMENT LLC|NONE|$386,139|—|$386,139|

| PUNCH & ASSOCIATES|NONE|$375,668|—|$375,668|

| MEKETA INVESTMENT GROUP|NONE|$348,625|$50|$348,675|

| SEVEN CORNERS PRINTING|NONE|$294,529|—|$294,529|

| BARROW, HANLEY, MEWHINNEY & STRAUSS|NONE|$293,504|—|$293,504|

| WHITESTAR ADVISORS|NONE|$292,497|—|$292,497|

| STATE STREET GLOBAL ADVISORS|NONE|$213,619|—|$213,619|

| THE SEGAL COMPANY|NONE|$180,475|—|$180,475|

| LEGACY PROFESSIONALS LLP|NONE|$145,892|—|$145,892|

| SHUMAKER LOOP & KENDRICK LLP|NONE|$140,557|—|$140,557|

| LONGFELLOW INVESTMENT MANAGEMENT|NONE|$132,529|—|$132,529|

| NORTHERN TRUST CORPORATION|NONE|$81,084|—|$81,084|

| LOOMIS SAYLES & COMPANY|NONE|$46,583|—|$46,583|

| USI INSURANCE SERVICES LLC|NONE|—|$44,423|$44,423|

| FRSECURE|NONE|$22,118|—|$22,118|

| MADDEN BROTHERS, INC|NONE|$20,581|—|$20,581|

| EXAM WORKS|NONE|$12,950|—|$12,950|

| QUALITY RESOURCE GROUP|NONE|$8,403|—|$8,403|

| SOULO COMMUNICATIONS|NONE|$6,059|—|$6,059|

| PROXYVOTE PLUS, LLC|NONE|$5,000|—|$5,000|

### Verified Provider Profiles

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

- [UNION BANK & TRUST COMPANY](https://planprovider.pro/provider/the-wagner-law-group) — NONE

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — NONE

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $5,835,541

- **Estimated Expense Ratio:** 0.182% 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|$7,068,182|$3,895,052|$650,628|$80,580|—|

| 2023|$6,501,157|$4,216,031|$639,388|$79,386|—|

| 2022|$6,546,996|$4,102,173|$465,256|—|$527,765|

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