Plan Snapshot
- Plan Sponsor: Laborers Welfare Fund Local 199 Board Of Trustees
- Sponsor EIN: 516015930
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 168
- Total Assets: $11.3M
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 | 168 | $11.3M | $5.4M | $182,775 |
| 2023 | 155 | $9.5M | $5.7M | $159,149 |
| 2022 | 188 | $6.3M | $5.5M | $164,612 |
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 |
|---|---|---|---|---|
| CENTRAL DATA SERVICES, INC. | Other Service Provider | $103,530 | — | $103,530 |
| SEGAL | Other Service Provider | $78,881 | — | $78,881 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $68,153 | — | $68,153 |
| BELFINT, LYONS & SHUMAN | Auditor | $29,713 | — | $29,713 |
| MARKOWITZ & RICHMAN | Other Service Provider | $28,457 | — | $28,457 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $20,409 | — | $20,409 |
| YOUNG CONAWAY STARGATT & TAYLOR LLP | Other Service Provider | $11,882 | — | $11,882 |
| PNC BANK | Other Service Provider | $8,694 | — | $8,694 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BELFINT, LYONS & SHUMAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $349,719
- Estimated Expense Ratio: 3.095% 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 | $378,521 | $29,103 | $171,683 | $29,713 | — |
| 2023 | $393,302 | $20,776 | $172,009 | $37,587 | — |
| 2022 | $377,903 | $24,763 | $176,063 | — | $154,808 |