Plan Snapshot
- Plan Sponsor: Ri Laborers Pension Plan Board Of Trustees
- Sponsor EIN: 516095806
- Sponsor Address: 410 SOUTH MAIN STREET SUITE 200, PROVIDENCE, RI, 02903
- Plan Type: DB
- Total Participants: 1,746
- Total Assets: $378.4M
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 | 1,746 | $378.4M | $18.2M | $0 |
| 2023 | 1,578 | $340.9M | $16.2M | $0 |
| 2022 | 1,516 | $305.5M | $15.7M | $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 |
|---|---|---|---|---|
| THE SEGAL CO. INC. | Other Service Provider | $253,851 | — | $253,851 |
| NEWTON INVESTMENT MGMT | Other Service Provider | $240,451 | — | $240,451 |
| ACADIAN ASSET MANAGEMENT LLC | Other Service Provider | $195,899 | — | $195,899 |
| PUTNAM INVESTMENTS | Other Service Provider | $135,072 | — | $135,072 |
| ADMINISTRATION SERVICES, INC | Other Service Provider | $114,000 | — | $114,000 |
| CITIZENS BANK | Other Service Provider | $110,159 | — | $110,159 |
| SEGAL MARCO ADVISORS | Other Service Provider | $91,000 | — | $91,000 |
| UNION LABOR LIFE INS. COMANY | Recordkeeper | $52,464 | — | $52,464 |
| SOLXSYS ADMINISTRATIVE SOLUTIONS | Other Service Provider | $36,000 | — | $36,000 |
| STATE STREET GLOBAL ADVISORS | Investment Advisor | $33,007 | — | $33,007 |
| WARD FISHER & CO | Other Service Provider | $31,200 | — | $31,200 |
| CORRENTE LAW OFFICES | Other Service Provider | $30,000 | — | $30,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION LABOR LIFE INS. COMANY — Recordkeeper
- STATE STREET GLOBAL ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,323,103
- Estimated Expense Ratio: 0.350% 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 | $1,542,514 | $747,893 | $114,000 | $31,200 | — |
| 2023 | $1,349,657 | $715,096 | $114,000 | $29,500 | — |
| 2022 | $1,481,725 | $819,251 | $103,200 | — | $363,950 |