Plan Snapshot
- Plan Sponsor: Board Of Trustees Rochester Laborers Annuity Fund
- Sponsor EIN: 161253138
- Sponsor Address: 18 FOURTH STREET, ROCHESTER, NY, 146096032
- Plan Type: DC
- Plan Number: 002
- Total Participants: 1,859
- Total Assets: $78.1M
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. |
|---|---|---|---|---|
| 2025 | 1,859 | $78.1M | $0 | $0 |
| 2024 | 908 | $73.9M | $3.6M | $0 |
| 2023 | 1,583 | $69.3M | $3.1M | $0 |
| 2022 | 1,203 | $64.8M | $2.8M | $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 |
|---|---|---|---|---|
| ROCHESTER WELFARE FUND | Other Service Provider | $134,903 | — | $134,903 |
| MORGAN STANLEY | Other Service Provider | $62,553 | — | $62,553 |
| AMERICAN CORE REALTY FUND | Other Service Provider | $49,819 | — | $49,819 |
| KARPUS | Other Service Provider | $44,207 | — | $44,207 |
| ASHERKELLY | Other Service Provider | $25,441 | — | $25,441 |
| POLEN CAPITAL | Other Service Provider | $23,964 | — | $23,964 |
| DOLAN MCENIRY CAPITAL MANAGEMENT | Other Service Provider | $22,763 | — | $22,763 |
| BONADIO & CO., LLP | Other Service Provider | $20,993 | — | $20,993 |
| MANNING & NAPIER | Other Service Provider | $18,160 | — | $18,160 |
| WAYCROSS | Other Service Provider | $17,373 | — | $17,373 |
| REINHART | Other Service Provider | $12,082 | — | $12,082 |
| O'SULLIVAN ASSOCIATES | Other Service Provider | $7,542 | — | $7,542 |
| SAGE | Other Service Provider | $6,389 | — | $6,389 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $446,189
- Estimated Expense Ratio: 0.571% 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 |
|---|---|---|---|---|---|
| 2025 | $5,843,977 | $290,497 | — | $20,993 | — |
| 2024 | $490,852 | $282,248 | — | $19,693 | — |
| 2023 | $457,984 | $277,932 | — | $23,235 | — |
| 2022 | $511,254 | $332,890 | — | — | $54,718 |