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 |
|---|---|---|---|---|
| BENESYS, INC. | NONE | $346,742 | — | $346,742 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | NONE | $209,908 | — | $209,908 |
| DLA PIPER LLP | NONE | $163,708 | — | $163,708 |
| SIERRA INVESTMENT PARTNERS, INC. | NONE | $137,162 | — | $137,162 |
| FOUNDRY PARTNERS LLC | NONE | $131,151 | — | $131,151 |
| THE SEGAL COMPANY | NONE | $116,350 | — | $116,350 |
| GLOUSTON CAPITAL PARTNERS, LLC | NONE | $115,114 | — | $115,114 |
| INVESTMENT PERFORMANCE SERVICES LLC | NONE | $110,000 | — | $110,000 |
| CORBIN CAPITAL PARTNERS LP | NONE | $92,482 | — | $92,482 |
| GREAT LAKES ADVISORS, LLC | NONE | $89,874 | — | $89,874 |
| INTERCONTINENTAL R/E CORPORTION | NONE | $69,094 | — | $69,094 |
| CHEVY CHASE TRUST COMPANY | NONE | $65,817 | — | $65,817 |
| SLEVIN & HART PC | NONE | $65,383 | — | $65,383 |
| CHARTWELL INVESTMENT PARTNERS | NONE | $56,344 | — | $56,344 |
| NOVAK FRANCELLA, LLC | NONE | $50,424 | — | $50,424 |
| BLACKROCK INSTITUTIONAL TRUST CO | NONE | $42,998 | — | $42,998 |
| HARBOURVEST PARTNERS LLC | NONE | $33,792 | — | $33,792 |
| FIRST EAGLE INVESTMENT MANAGEMENT | NONE | $29,685 | — | $29,685 |
| ENTRUST GLOBAL PARTNERS OFFSHORE LP | NONE | $18,885 | — | $18,885 |
| CAPITAL ONE BANK | NONE | $10,134 | — | $10,134 |
| WASHINGTON CAPITAL MANAGMENT, INC. | NONE | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DLA PIPER LLP — NONE
- SLEVIN & HART PC — 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: $1,965,047
- Estimated Expense Ratio: 1.343% 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 |