Plan Snapshot
- Plan Sponsor: Laborers' International Union Of N.A. Local No. 17 Pension Fund
- Sponsor EIN: 146025196
- Sponsor Address: 451B LITTLE BRITAIN ROAD, NEWBURGH, NY, 12550
- Plan Type: DB
- Total Participants: 651
- Total Assets: $142.8M
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 | 651 | $142.8M | $13.1M | $0 |
| 2023 | 698 | $126.7M | $12.7M | $0 |
| 2022 | 663 | $111.9M | $11.6M | $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 |
|---|---|---|---|---|
| AMERICAN SV | NONE | $61,729 | — | $61,729 |
| SANTA BARBARA (US BANK) | NONE | $37,801 | — | $37,801 |
| ULLICO | NONE | $36,864 | — | $36,864 |
| SUMMIT ACTUARIAL SERVICES, LLC | NONE | $36,175 | — | $36,175 |
| RBT CPAS, LLP | NONE | $34,056 | — | $34,056 |
| SPECTRUM PENSION & COMPENSATION | NONE | $18,550 | — | $18,550 |
| NXG INSURANCE AGENCY GROUP | NONE | $14,417 | — | $14,417 |
| COMPUDAT SYSTEMS INC | NONE | $13,034 | — | $13,034 |
| US BANK MUTUAL FUNDS | NONE | $12,231 | — | $12,231 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $264,857
- Estimated Expense Ratio: 0.185% 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 | $994,219 | $559,009 | — | — | — |
| 2023 | $862,504 | $374,293 | — | — | — |
| 2022 | $833,744 | $415,819 | — | — | $101,663 |