Plan Snapshot
- Plan Sponsor: Laborers' District Council Construction Industry Pension Fund
- Sponsor EIN: 236235338
- Sponsor Address: 665 N. BROAD STREET, 2ND FLOOR, PHILADELPHIA, PA, 191232418
- Plan Type: DB
- Plan Number: 001
- Total Participants: 2,817
- Total Assets: $1.2B
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 | 2,817 | $1.2B | $59.1M | $0 |
| 2023 | 2,881 | $1.2B | $57.8M | $0 |
| 2022 | 2,881 | $1.1B | $56.4M | $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 |
|---|---|---|---|---|
| PATRIOT FINANCIAL PARTNERS, LP | Other Service Provider | $758,749 | — | $758,749 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $708,187 | — | $708,187 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | $560,847 | — | $560,847 |
| VICTORY CAPITAL MANAGEMENT, INC. | Investment Advisor | $529,033 | — | $529,033 |
| SIERRA INVESTMENT PARTNERS | Other Service Provider | $515,013 | — | $515,013 |
| FRED ALGER MANAGEMENT INC | Other Service Provider | $496,282 | — | $496,282 |
| PORTFOLIO ADVISORS, LLC | Other Service Provider | $485,608 | — | $485,608 |
| HARDMAN JOHNSTON | Other Service Provider | $435,034 | — | $435,034 |
| PERRY N. BLACKMAN, CPA | Other Service Provider | $429,587 | — | $429,587 |
| FIRST EAGLE | Other Service Provider | $397,097 | — | $397,097 |
| WEDGE CAPITAL MANAGEMENT | Other Service Provider | $351,230 | — | $351,230 |
| GREAT LAKE ADVISORS LLC | Other Service Provider | $302,190 | — | $302,190 |
| INVESTMENT PERFORMANCE SERVICE, INC | Other Service Provider | $230,000 | — | $230,000 |
| ULLICO INVESTMENT CO | Other Service Provider | $167,752 | — | $167,752 |
| WASHINGTON CAPITAL MGMT | Other Service Provider | $159,670 | — | $159,670 |
| LOOP CAPITAL ASSET MANAGEMENT | Other Service Provider | $158,581 | — | $158,581 |
| MULTI-EMPLOYER PROPERTY TRUST | Other Service Provider | $134,556 | — | $134,556 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $126,996 | — | $126,996 |
| THE MCKEOGH COMPANY | Other Service Provider | $104,039 | — | $104,039 |
| PNC BANK | Other Service Provider | $101,730 | — | $101,730 |
| CLEARY JOSEM & TRIGIANI LLP | Other Service Provider | $97,660 | — | $97,660 |
| GCM GROSVENOR | Other Service Provider | $92,743 | — | $92,743 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $89,697 | — | $89,697 |
| JANICE L. HORNE | Other Service Provider | $65,717 | — | $65,717 |
| KEVIN B. GALE | Other Service Provider | $51,478 | — | $51,478 |
| SUSANIN, WIDMAN & BRENNAN PC | Other Service Provider | $47,052 | — | $47,052 |
| KASEY HOUSTON | Other Service Provider | $44,226 | — | $44,226 |
| CHRISTOPHER GUEST | Other Service Provider | $41,873 | — | $41,873 |
| MARTINA MADISON | Other Service Provider | $39,170 | — | $39,170 |
| MITCHELL & TITUS LLP | Auditor | $39,000 | — | $39,000 |
| ALAN PARHAM | Other Service Provider | $36,168 | — | $36,168 |
| BRIGHTLOGIX | Other Service Provider | $35,770 | — | $35,770 |
| HARRIET ANDERSON | Other Service Provider | $30,088 | — | $30,088 |
| SIBLEY ROBINSON | Other Service Provider | $28,840 | — | $28,840 |
| SWARTZ CAMPBELL LLC | Other Service Provider | $26,893 | — | $26,893 |
| CRYSTAL MATOS | Other Service Provider | $25,026 | — | $25,026 |
| GRANITE RUN TECH SOLUTIONS LLC | Other Service Provider | $22,762 | — | $22,762 |
| PAYCHEX INC | Recordkeeper | $21,973 | — | $21,973 |
| IRON MOUNTAIN RECORDS | Other Service Provider | $15,135 | — | $15,135 |
| SMITH EDWARDS DUNLAP | Other Service Provider | $12,893 | — | $12,893 |
| JOEL P TRIGIANI | Other Service Provider | $10,614 | — | $10,614 |
| JM CREATIVE ENTERPRISES LLC | Other Service Provider | $9,408 | — | $9,408 |
| PROXY VOTE PLUS LLC | Other Service Provider | $7,500 | — | $7,500 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $5,616 | — | $5,616 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT, INC. — Investment Advisor
- 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: $8,049,483
- Estimated Expense Ratio: 0.650% 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 | $9,499,312 | $6,809,554 | — | — | — |
| 2023 | $8,542,524 | $5,783,480 | — | — | — |
| 2022 | $7,397,876 | $4,865,315 | — | — | $672,687 |