Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Laborers National Pension Fund
- Sponsor EIN: 751280827
- Sponsor Address: PO BOX 803415, DALLAS, TX, 753803415
- Plan Type: DB
- Total Participants: 10,811
- Total Assets: $1.5B
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 | 10,811 | $1.5B | $90.4M | $0 |
| 2023 | 10,367 | $1.5B | $82.1M | $0 |
| 2022 | 10,090 | $1.4B | $71.5M | $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 |
|---|---|---|---|---|
| ULLICO INVESTMENT ADVISORS | Other Service Provider | $1,702,053 | — | $1,702,053 |
| HUDSON EDGE INVESTMENT PARTNERS, IN | Other Service Provider | $529,473 | — | $529,473 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $499,001 | — | $499,001 |
| THE SEGAL COMPANY | Other Service Provider | $350,988 | — | $350,988 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $349,826 | — | $349,826 |
| PARAMETRIC PORTFOLIO ASSOCIATES | Other Service Provider | $329,815 | — | $329,815 |
| PRINCIPAL ENHANCED PROPERTY FUND | Other Service Provider | $325,104 | — | $325,104 |
| JAMES S. RAY | Other Service Provider | $202,023 | — | $202,023 |
| LSV ASSET MANAGEMENT | Other Service Provider | $200,018 | — | $200,018 |
| EMPLOYEE 4 | Recordkeeper | $185,233 | — | $185,233 |
| MARQUETTE ASSOCIATES, INC | Other Service Provider | $185,000 | — | $185,000 |
| WELLS FARGO | Other Service Provider | $183,865 | — | $183,865 |
| EMPLOYEE 5 | Recordkeeper | $139,139 | — | $139,139 |
| EMPLOYEE 1 | Recordkeeper | $127,177 | — | $127,177 |
| EMPLOYEE 11 | Recordkeeper | $101,716 | — | $101,716 |
| NORTHERN TRUST COMPANY | Other Service Provider | $98,261 | — | $98,261 |
| EMPLOYEE 9 | Recordkeeper | $95,770 | — | $95,770 |
| EMPLOYEE 7 | Recordkeeper | $91,563 | — | $91,563 |
| EMPLOYEE 3 | Recordkeeper | $90,428 | — | $90,428 |
| EMPLOYEE 6 | Recordkeeper | $86,966 | — | $86,966 |
| TED SOILEAU, CPA, LLC | Other Service Provider | $81,229 | — | $81,229 |
| EMPLOYEE 8 | Recordkeeper | $79,073 | — | $79,073 |
| EMPLOYEE 12 | Recordkeeper | $74,761 | — | $74,761 |
| ROMOLO & ASSOCIATES, LLC | Other Service Provider | $68,602 | — | $68,602 |
| EMPLOYEE 15 | Recordkeeper | $65,055 | — | $65,055 |
| EMPLOYEE 14 | Recordkeeper | $61,408 | — | $61,408 |
| EMPLOYEE 13 | Recordkeeper | $61,201 | — | $61,201 |
| EMPLOYEE 2 | Recordkeeper | $57,204 | — | $57,204 |
| EMPLOYEE FRINGES AUDIT CO | Recordkeeper | $52,500 | — | $52,500 |
| SEGAL SELECT INSURANCE | Other Service Provider | — | $52,157 | $52,157 |
| PENSION BENEFIT INFORMATION, LLC | Other Service Provider | $42,361 | — | $42,361 |
| EMPLOYEE 16 | Recordkeeper | $40,788 | — | $40,788 |
| EMPLOYEE 10 | Recordkeeper | $38,079 | — | $38,079 |
| J&M DATA SERVICES, INC | Other Service Provider | $28,165 | — | $28,165 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $22,323 | — | $22,323 |
| JOHNSON & KROL, LLC | Other Service Provider | $21,493 | — | $21,493 |
| LAW OFFICES OF JACK J. SCHESKE | Other Service Provider | $11,001 | — | $11,001 |
| NEEDLES & ASSOCIATES, LLC | Auditor | $9,438 | — | $9,438 |
| FINANCIAL ADDITIONS, INC | Other Service Provider | $7,000 | — | $7,000 |
| PROXY VOTE PLUS, LLC | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE 4 — Recordkeeper
- EMPLOYEE 5 — Recordkeeper
- EMPLOYEE 1 — Recordkeeper
- EMPLOYEE 11 — Recordkeeper
- EMPLOYEE 9 — Recordkeeper
- EMPLOYEE 7 — Recordkeeper
- EMPLOYEE 3 — Recordkeeper
- EMPLOYEE 6 — Recordkeeper
- EMPLOYEE 8 — Recordkeeper
- EMPLOYEE 12 — Recordkeeper
- EMPLOYEE 15 — Recordkeeper
- EMPLOYEE 14 — Recordkeeper
- EMPLOYEE 13 — Recordkeeper
- EMPLOYEE 2 — Recordkeeper
- EMPLOYEE FRINGES AUDIT CO — Recordkeeper
- EMPLOYEE 16 — Recordkeeper
- EMPLOYEE 10 — Recordkeeper
- US BANK NATIONAL ASSOCIATION — Recordkeeper
- NEEDLES & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,753,257
- Estimated Expense Ratio: 0.441% 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 | $10,984,296 | $6,011,274 | — | $68,602 | — |
| 2023 | $10,612,083 | $6,001,670 | — | $75,000 | — |
| 2022 | $10,521,476 | $6,331,075 | — | — | $616,478 |