Plan Snapshot
- Plan Sponsor: Rochester Laborers Pension Fund
- Sponsor EIN: 166014473
- Sponsor Address: 18 FOURTH STREET, ROCHESTER, NY, 146096032
- Plan Type: DB
- Total Participants: 653
- Total Assets: $208.2M
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 | 653 | $208.2M | $5.6M | $0 |
| 2023 | 581 | $200.9M | $5.0M | $0 |
| 2022 | 570 | $192.6M | $4.2M | $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 |
|---|---|---|---|---|
| ROCHESTER LABORERS WELFARE FUND | Other Service Provider | $325,007 | — | $325,007 |
| MORGAN STANLEY SMITH BARNEY, LLC | Recordkeeper | $174,113 | — | $174,113 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $169,898 | — | $169,898 |
| MANNING & NAPIER | Other Service Provider | $141,741 | — | $141,741 |
| SEG PARTNERS LTD. | Other Service Provider | $84,297 | — | $84,297 |
| GCM GROSVENOR | Other Service Provider | $76,260 | — | $76,260 |
| KARPUS INVESTMENT | Other Service Provider | $76,163 | — | $76,163 |
| POLEN CAPITAL | Other Service Provider | $63,588 | — | $63,588 |
| DOLAN MCENIRY CAPITAL MANAGEMENT | Other Service Provider | $57,950 | — | $57,950 |
| O'SULLIVAN ASSOCIATES | Other Service Provider | $51,212 | — | $51,212 |
| WALTER SCOTT & PARTNERS | Other Service Provider | $42,373 | — | $42,373 |
| REINHART PARTNERS | Other Service Provider | $40,103 | — | $40,103 |
| BONADIO & CO., LLP | Auditor | $26,687 | — | $26,687 |
| MARTIN CURRIE | Other Service Provider | $20,958 | — | $20,958 |
| ASHER KELLY | Other Service Provider | $20,393 | — | $20,393 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY, LLC — Recordkeeper
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,370,743
- Estimated Expense Ratio: 0.658% 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 | $1,464,785 | $952,473 | — | $25,745 | — |
| 2023 | $1,485,967 | $999,206 | — | $23,545 | — |
| 2022 | $1,497,625 | $1,053,862 | — | — | $113,342 |