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 |
|---|---|---|---|---|
| WARD FISHER & COMPANY, LLP | Auditor | $31,200 | — | $31,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,200
- Estimated Expense Ratio: 0.008% 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 |