# Laborers&#39; District Council Building &amp; Construction Health &amp; Welfare Fu 401(k) Plan
Source: https://planprovider.pro/companies/laborers-district-council-building-construction-health-welfare-fu-231575634-501

> Laborers&#39; District Council Building &amp; Construction Health &amp; Welfare Fu&#39;s 401(k) plan: 2,067 participants, plan year 2024 financials, providers, and benchmark…

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/mitchell-and-titus-llp) — Auditor

- [PAYCHEX INC](https://planprovider.pro/provider/paychex) — 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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/laborers-district-council-building-construction-health-welfare-fu-231575634-501)

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