Plan Snapshot
- Plan Sponsor: Laborers District Council Defined Contribution Retirement Plan
- Sponsor EIN: 520749130
- Sponsor Address: 7130 COLUMBIA GATEWAY DR. SUITE A, COLUMBIA, MD, 210462966
- Plan Type: 403(b)
- Total Participants: 2,274
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 2,274 | $4.3M | $549,148 | $0 |
| 2023 | 1,885 | $3.7M | $657,494 | $0 |
| 2022 | 1,235 | $3.0M | $576,226 | $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 |
|---|---|---|---|---|
| CARDAY ASSOCIATES, INC. | NONE | $35,561 | — | $35,561 |
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $29,298 | — | $29,298 |
| NOVAK FRANCELLA, LLC | NONE | $26,876 | — | $26,876 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- NOVAK FRANCELLA, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,735
- Estimated Expense Ratio: 2.149% 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 | $107,563 | $28,815 | $35,561 | $26,876 | — |
| 2023 | $128,179 | $26,429 | $32,822 | — | — |
| 2022 | $96,180 | $24,281 | $34,284 | — | $30,196 |