Plan Snapshot
- Plan Sponsor: Ri Laborers Annuity Fund Board Of Trustees
- Sponsor EIN: 050417267
- Sponsor Address: 410 SOUTH MAIN STREET SUITE 200, PROVIDENCE, RI, 02903
- Plan Type: DC
- Total Participants: 9,546
- Total Assets: $254.6M
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 | 9,546 | $254.6M | $25.8M | $0 |
| 2023 | 9,172 | $226.8M | $22.2M | $0 |
| 2022 | 9,169 | $195.5M | $21.5M | $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 |
|---|---|---|---|---|
| LOOP CAPITAL ASSET MANAGEMENT | Other Service Provider | $183,008 | — | $183,008 |
| ACADIAN ASSET MANAGEMENT | Other Service Provider | $86,656 | — | $86,656 |
| SEGAL COMPANY | Other Service Provider | $85,711 | — | $85,711 |
| CITIZENS BANK | Other Service Provider | $59,603 | — | $59,603 |
| UNION LABOR LIFE INSURANCE COM | Recordkeeper | $45,688 | — | $45,688 |
| SEGAL MARCO ADVISORS | Other Service Provider | $42,500 | — | $42,500 |
| ADMINISTRATION SERVICES, INC | Other Service Provider | $42,000 | — | $42,000 |
| CORRENTE LAW OFFICE | Other Service Provider | $26,000 | — | $26,000 |
| WARD FISHER & COMPANY, LLP | Other Service Provider | $25,800 | — | $25,800 |
| SOLXSYS ADMINISTRATION SOLUTIONS | Other Service Provider | $18,000 | — | $18,000 |
| STATE STREET GLOBAL ADVISORS | Investment Advisor | $16,863 | — | $16,863 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION LABOR LIFE INSURANCE COM — Recordkeeper
- STATE STREET GLOBAL ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $631,829
- Estimated Expense Ratio: 0.248% 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 | $723,267 | $374,715 | $42,000 | $25,800 | — |
| 2023 | $611,970 | $332,473 | $42,000 | $23,800 | — |
| 2022 | $608,251 | $320,555 | $36,000 | — | $165,382 |