Plan Snapshot
- Plan Sponsor: Laborers' District Council Heavy & Highway Health & Welfare Fund
- Sponsor EIN: 231527636
- Sponsor Address: PO BOX 37003, PHILADELPHIA, PA, 19122
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,624
- Total Assets: $222.4M
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 | 2,624 | $222.4M | $37.2M | $147,364 |
| 2023 | 2,900 | $204.9M | $36.0M | $148,509 |
| 2022 | 2,834 | $184.0M | $37.8M | $177,666 |
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 | $1,531,797 | — | $1,531,797 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $367,991 | — | $367,991 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $295,609 | — | $295,609 |
| PERRY BLACKMAN, CPA | Other Service Provider | $148,517 | — | $148,517 |
| FRED ALGER MANAGEMENT INC | Other Service Provider | $121,738 | — | $121,738 |
| AMALGAMATED EMPLOYEE BENEFITS ADMIN | Other Service Provider | $89,766 | — | $89,766 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $88,501 | — | $88,501 |
| FIDELIO INSURANCE COMPANY | Other Service Provider | $81,649 | — | $81,649 |
| LOOP CAPITAL ASSET MANAGEMENT | Other Service Provider | $80,063 | — | $80,063 |
| ALLIED TRADES ASSISTANCE PROGRAM | Other Service Provider | $70,800 | — | $70,800 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $52,500 | — | $52,500 |
| RAE GROUP LLC | Other Service Provider | $50,025 | — | $50,025 |
| MITCHELL & TITUS LLP | Auditor | $43,680 | — | $43,680 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $41,302 | — | $41,302 |
| SMITH-EDWARDS-DUNLAP COMPANY | Other Service Provider | $39,502 | — | $39,502 |
| ALAN PARHAM | Other Service Provider | $35,018 | — | $35,018 |
| LISSETTE NUNEZ | Other Service Provider | $32,637 | — | $32,637 |
| SIBLEY ROBINSON | Other Service Provider | $28,840 | — | $28,840 |
| INDEPENDENCE BLUE CROSS | Other Service Provider | $24,217 | — | $24,217 |
| CLEARY, JOSEM & TRIGIANI LLP | Other Service Provider | $23,099 | — | $23,099 |
| GRANITE RUN TECH SOLUTIONS LLC | Other Service Provider | $22,244 | — | $22,244 |
| AMERIHEALTH HMO, INC | Other Service Provider | $18,772 | — | $18,772 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $16,810 | — | $16,810 |
| SUSAN WIDMAN BRENNAN PC | Other Service Provider | $16,205 | — | $16,205 |
| PNC BANK | Other Service Provider | $14,757 | — | $14,757 |
| DUANE MORRIS, LLP | ERISA Attorney | $14,447 | — | $14,447 |
| SWARTZ CAMPBELL LLC | Other Service Provider | $13,809 | — | $13,809 |
| BOLTON PARTNERS INC | Other Service Provider | $13,750 | — | $13,750 |
| PAYCHEX INC | Recordkeeper | $13,721 | — | $13,721 |
| ROBERT HALF INTERNATIONAL | Other Service Provider | $9,470 | — | $9,470 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MITCHELL & TITUS LLP — Auditor
- DUANE MORRIS, LLP — ERISA Attorney
- PAYCHEX INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,401,236
- Estimated Expense Ratio: 1.529% 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 | $3,810,056 | $939,659 | — | — | — |
| 2023 | $3,030,464 | — | — | — | — |
| 2022 | $2,818,877 | — | — | — | $182,841 |