Plan Snapshot
- Plan Sponsor: Laborers' District Council Building & Construction Health & Welfare Fu
- Sponsor EIN: 231575634
- Sponsor Address: 665 N. BROAD STREET, 2ND FL., PHILADELPHIA, PA, 191232418
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,067
- Total Assets: $215.5M
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 | 2,067 | $215.5M | $29.6M | $0 |
| 2023 | 2,497 | $196.1M | $29.4M | $0 |
| 2022 | 2,350 | $178.7M | $29.2M | $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 |
|---|---|---|---|---|
| KEYSTONE HEALTH PLAN EAST | Other Service Provider | $754,850 | — | $754,850 |
| INDEPENDENCE BLUE CROSS | Other Service Provider | $405,304 | — | $405,304 |
| CHARTWELL INVESTMENTS | Other Service Provider | $364,134 | — | $364,134 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $312,352 | — | $312,352 |
| PERRY N. BLACKMAN, CPA | Other Service Provider | $198,807 | — | $198,807 |
| FRED ALGER MANAGEMENT, LLC | Other Service Provider | $117,846 | — | $117,846 |
| WEDGE CAPITAL MANAGEMENT | Other Service Provider | $86,295 | — | $86,295 |
| ALICARE | Other Service Provider | $77,273 | — | $77,273 |
| LOOP CAPITAL ASSET MANAGEMENT | Other Service Provider | $69,834 | — | $69,834 |
| FIDELIO INSURANCE | Other Service Provider | $66,121 | — | $66,121 |
| CLEARY JOSEM & TRIGIANI | Other Service Provider | $63,004 | — | $63,004 |
| ALLIED TRADES | Other Service Provider | $61,600 | — | $61,600 |
| RAE GROUP LLC | Other Service Provider | $46,190 | — | $46,190 |
| ALAN PARHAM | Other Service Provider | $44,234 | — | $44,234 |
| IRON MOUNTAIN RECORDS | Other Service Provider | $40,561 | — | $40,561 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $39,375 | — | $39,375 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $37,940 | — | $37,940 |
| MITCHELL & TITUS LLP | Auditor | $36,920 | — | $36,920 |
| SUSANIN WIDMAN & BRENNAN PC | Other Service Provider | $36,578 | — | $36,578 |
| LISSETTE NUNEZ | Other Service Provider | $35,357 | — | $35,357 |
| KEVIN GALE | Other Service Provider | $31,517 | — | $31,517 |
| ANTIONETTE HYNSON | Other Service Provider | $30,771 | — | $30,771 |
| AMERIHEALTH | Other Service Provider | $29,496 | — | $29,496 |
| SIBLEY ROBINSON | Other Service Provider | $28,840 | — | $28,840 |
| CHRISTOPHER GUEST | Other Service Provider | $25,637 | — | $25,637 |
| GRANITE RUN TECHNOLOGY SOLUTIONS LL | Other Service Provider | $22,762 | — | $22,762 |
| SMITH EDWARDS DUNLAP | Other Service Provider | $17,512 | — | $17,512 |
| PNC BANK | Other Service Provider | $16,115 | — | $16,115 |
| PAYCHEX INC | Recordkeeper | $13,842 | — | $13,842 |
| BOSTON PARTNERS | Other Service Provider | $13,750 | — | $13,750 |
| ROBERT HALF INTERNATIONAL | Other Service Provider | $9,470 | — | $9,470 |
| SWARTZ CAMPBELL LLC | Other Service Provider | $8,384 | — | $8,384 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MITCHELL & TITUS LLP — Auditor
- PAYCHEX INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,142,671
- Estimated Expense Ratio: 1.458% 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 | $5,028,636 | $910,510 | $2,642,032 | — | — |
| 2023 | $4,891,251 | $831,162 | $2,542,238 | — | — |
| 2022 | $4,681,122 | $743,682 | $2,466,331 | — | $403,620 |