Plan Snapshot
- Plan Sponsor: Connecticut Laborers' Health Fund
- Sponsor EIN: 060960814
- Sponsor Address: 435 CAPTAIN THOMAS BOULEVARD, WEST HAVEN, CT, 06516
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,610
- Total Assets: $80.8M
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 | 2,610 | $80.8M | $52.6M | $9.1M |
| 2023 | 2,539 | $75.7M | $51.3M | $9.2M |
| 2022 | 2,549 | $70.1M | $50.0M | $8.6M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE CO. | Other Service Provider | $1,559,541 | — | $1,559,541 |
| CVS PHARMACY, INC. | Other Service Provider | $234,856 | — | $234,856 |
| EMPLOYEE H | Recordkeeper | $171,418 | — | $171,418 |
| EMPLOYEE F | Recordkeeper | $166,797 | — | $166,797 |
| THE SEGAL COMPANY | Other Service Provider | $159,897 | — | $159,897 |
| EMPLOYEE N | Recordkeeper | $97,825 | — | $97,825 |
| ROBERT M. CHEVERIE & ASSOCIATES P.C | Other Service Provider | $95,136 | — | $95,136 |
| EMPLOYEE I | Recordkeeper | $88,710 | — | $88,710 |
| EMPLOYEE L | Recordkeeper | $65,093 | — | $65,093 |
| EMPLOYEE J | Recordkeeper | $62,942 | — | $62,942 |
| NOVAK FRANCELLA LLC | Auditor | $62,122 | — | $62,122 |
| EMPLOYEE G | Recordkeeper | $56,692 | — | $56,692 |
| EMPLOYEE D | Recordkeeper | $45,537 | — | $45,537 |
| EMPLOYEE C | Recordkeeper | $42,990 | — | $42,990 |
| EMPLOYEE K | Recordkeeper | $36,561 | — | $36,561 |
| EMPLOYEE M | Recordkeeper | $35,418 | — | $35,418 |
| EMPLOYEE E | Recordkeeper | $30,656 | — | $30,656 |
| EMPLOYEE A | Recordkeeper | $26,122 | — | $26,122 |
| SEGAL MARCO ADVISORS | Other Service Provider | $24,461 | — | $24,461 |
| FIRST AMERICAN ADMINISTRATORS, INC. | Other Service Provider | $15,766 | — | $15,766 |
| PRINCIPAL CUSTODIAL SOLUTIONS | Other Service Provider | $7,102 | — | $7,102 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE H — Recordkeeper
- EMPLOYEE F — Recordkeeper
- EMPLOYEE N — Recordkeeper
- EMPLOYEE I — Recordkeeper
- EMPLOYEE L — Recordkeeper
- EMPLOYEE J — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
- EMPLOYEE G — Recordkeeper
- EMPLOYEE D — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE K — Recordkeeper
- EMPLOYEE M — Recordkeeper
- EMPLOYEE E — Recordkeeper
- EMPLOYEE A — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,085,642
- Estimated Expense Ratio: 3.821% 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 | $3,593,528 | $28,933 | $1,794,397 | $35,000 | — |
| 2023 | $3,313,119 | $28,412 | $1,666,853 | $32,500 | — |
| 2022 | $3,315,288 | $35,690 | $1,531,855 | — | $296,631 |