Plan Snapshot
- Plan Sponsor: Laborers Local 872 Board Of Trustees Health & Welfare Trust
- Sponsor EIN: 886002912
- Sponsor Address: 2345 RED ROCK ST, LAS VEGAS, NV, 89146
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 2,377
- Total Assets: $23.4M
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 | 2,377 | $23.4M | $24.4M | $886,825 |
| 2023 | 2,137 | $34.1M | $27.6M | $840,707 |
| 2022 | 2,072 | $32.2M | $22.4M | $916,614 |
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 |
|---|---|---|---|---|
| SAV RX | Other Service Provider | $2,561,751 | — | $2,561,751 |
| WILSON MCSHANE CORP | Other Service Provider | $1,581,300 | — | $1,581,300 |
| MARATHON HEALTH, INC. | Other Service Provider | $823,928 | — | $823,928 |
| ROCKY MOUNTAIN HOSPITAL & MEDICAL | Other Service Provider | $816,292 | — | $816,292 |
| VERA WHOLE HEALTH, INC. | Other Service Provider | $404,345 | — | $404,345 |
| BROWNSTEIN HYATT FARBER SCHRECK LLP | ERISA Attorney | $343,479 | — | $343,479 |
| EMPLOYEE #1 | Other Service Provider | $276,031 | — | $276,031 |
| EMPLOYEE #2 | Other Service Provider | $187,682 | — | $187,682 |
| HUMAN BEHAVIOR INSTITUTE CLINICAL | Recordkeeper | $178,531 | — | $178,531 |
| TELLIGEN, INC. | Other Service Provider | $157,266 | — | $157,266 |
| CHEIRON, INC. | Other Service Provider | $120,251 | — | $120,251 |
| BERRY & CO., CPA'S, LTD | Other Service Provider | $102,952 | — | $102,952 |
| PRIMECARE ADMINISTRATORS | Other Service Provider | $87,422 | — | $87,422 |
| TRUST FUND REPRESENTATIVE | Other Service Provider | $75,534 | — | $75,534 |
| PIA, LLC | Other Service Provider | $60,000 | — | $60,000 |
| INTERLINK | Other Service Provider | $36,000 | — | $36,000 |
| HEALTH SERVICES COALITION | Other Service Provider | $32,915 | — | $32,915 |
| ASB CAPITAL MANAGEMENT, LLC | Other Service Provider | $25,812 | — | $25,812 |
| ATALANTA SOSNOFF CAPITAL, LLC | Other Service Provider | $25,554 | — | $25,554 |
| SEGAL MARCO ADVISORS | Other Service Provider | $17,131 | — | $17,131 |
| MULTIPLAN SERVICES CORP | Other Service Provider | $15,240 | — | $15,240 |
| PRINCIPAL TRUST CO. | Recordkeeper | $8,514 | — | $8,514 |
| BUCK GLOBAL, LLC | Other Service Provider | $7,725 | — | $7,725 |
| PDQ PRINTING | Other Service Provider | $7,071 | — | $7,071 |
| HONSA-BINDER PRINTING, INC. | Other Service Provider | $6,616 | — | $6,616 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWNSTEIN HYATT FARBER SCHRECK LLP — ERISA Attorney
- HUMAN BEHAVIOR INSTITUTE CLINICAL — Recordkeeper
- PRINCIPAL TRUST CO. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,959,342
- Estimated Expense Ratio: 34.007% 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 | $2,476,778 | $67,504 | $1,581,300 | $53,900 | — |
| 2023 | $2,423,602 | $66,129 | $1,506,000 | $55,400 | — |
| 2022 | $2,177,709 | $83,298 | $1,436,500 | — | $425,973 |