Plan Snapshot
- Plan Sponsor: Laborers District Council Pension And Disability Trust Fund No. 2
- Sponsor EIN: 520749130
- Sponsor Address: 7130 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 210462966
- Plan Type: DB
- Total Participants: 1,975
- Total Assets: $146.3M
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 | 1,975 | $146.3M | $11.1M | $0 |
| 2023 | 1,893 | $137.4M | $10.4M | $0 |
| 2022 | 1,809 | $134.8M | $9.6M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $50,424 | — | $50,424 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,424
- Estimated Expense Ratio: 0.034% 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 | $2,157,923 | $1,131,463 | $346,742 | $50,424 | — |
| 2023 | $2,321,582 | $1,213,365 | $343,405 | $25,509 | — |
| 2022 | $2,724,941 | $1,414,963 | $327,601 | — | $751,605 |