Plan Snapshot
- Plan Sponsor: Laborers District Council Of W. PA Welfare Fund Board Of Trustees
- Sponsor EIN: 256035806
- Sponsor Address: 12 EIGHTH STREET, SUITE 500, PITTSBURGH, PA, 15222
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,257
- Total Assets: $532.7M
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 | 5,257 | $532.7M | $106.8M | $941,707 |
| 2023 | 5,135 | $479.8M | $107.1M | $1.0M |
| 2022 | 5,448 | $426.5M | $110.1M | $1.2M |
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 |
|---|---|---|---|---|
| HIGHMARK | Other Service Provider | $5,711,389 | — | $5,711,389 |
| LABORERS COMBINED FUNDS OF W PA | Other Service Provider | $2,025,826 | — | $2,025,826 |
| ROBECO INVESTMENT MANAGEMENT INC. | Other Service Provider | $816,875 | — | $816,875 |
| HIGHMARK CASUALTY INSURANCE | Other Service Provider | $606,395 | — | $606,395 |
| MONDRIAN INTERNATIONAL EQUITY FUND | Other Service Provider | $212,369 | — | $212,369 |
| BNY MELLON BANK | Other Service Provider | $118,892 | — | $118,892 |
| CS MCKEE | Other Service Provider | $115,749 | — | $115,749 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $114,175 | — | $114,175 |
| GOEHRING RUTTER & BOEHM | Other Service Provider | $80,697 | — | $80,697 |
| HOWARD GROSSINGER ESQUIRE | Other Service Provider | $65,799 | — | $65,799 |
| ACRISURE LLC | Other Service Provider | $37,212 | — | $37,212 |
| ACRISURE, LLC (BECKERMAN & COMPANY) | Other Service Provider | $30,882 | — | $30,882 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $30,000 | — | $30,000 |
| SISTERSON & CO LLP | Auditor | $28,200 | — | $28,200 |
| FIRST AMERICAN ADMINISTRATORS INC | Other Service Provider | $21,091 | — | $21,091 |
| WODARCZYK & ASSOCIATES, LLC | Other Service Provider | $19,927 | — | $19,927 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SISTERSON & CO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,035,478
- Estimated Expense Ratio: 1.884% 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 | $3,598,638 | $1,271,691 | — | $32,941 | — |
| 2023 | $4,217,443 | $1,062,978 | — | $44,037 | — |
| 2022 | $3,018,921 | $1,043,481 | — | — | $207,527 |