Plan Snapshot
- Plan Sponsor: Laborers' International Union Of N.A. Local 17 Annuity Fund
- Sponsor EIN: 141825397
- Sponsor Address: 451-B LITTLE BRITAIN ROAD, NEWBURGH, NY, 125505145
- Plan Type: DC
- Total Participants: 1,351
- Total Assets: $70.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,351 | $70.9M | $4.8M | $0 |
| 2023 | 1,251 | $64.7M | $4.5M | $0 |
| 2022 | 1,166 | $56.9M | $4.0M | $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 |
|---|---|---|---|---|
| RBT CPAS, LLC | Auditor | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,000
- Estimated Expense Ratio: 0.021% 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 | $235,407 | — | $115,189 | $15,000 | — |
| 2023 | $265,380 | — | $93,534 | $15,000 | — |
| 2022 | $223,178 | $88,568 | — | — | — |