Plan Snapshot
- Plan Sponsor: Trustees Of Laborers' Local 130 Pension Fund
- Sponsor EIN: 240866674
- Sponsor Address: 431 WYOMING AVE, SUITE 10, SCRANTON, PA, 185031228
- Plan Type: DB
- Plan Number: 001
- Total Participants: 116
- Total Assets: $4.2M
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 | 116 | $4.2M | $1.5M | $0 |
| 2023 | 97 | $6.6M | $1.4M | $0 |
| 2022 | 96 | $9.2M | $1.6M | $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 |
|---|---|---|---|---|
| ACRISURE | Other Service Provider | $98,276 | — | $98,276 |
| LAWRENCE C MUSGROVE ASSOCIATES | Other Service Provider | $59,955 | — | $59,955 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $53,340 | — | $53,340 |
| ALAN ROSS & COMPANY | Other Service Provider | $16,086 | — | $16,086 |
| ODONOGHUE & ODONOGHUE LLP | Other Service Provider | $15,110 | — | $15,110 |
| WELLS FARGO BANK, NA | Other Service Provider | $7,134 | — | $7,134 |
| FOSTER & FOSTER, INC | Other Service Provider | $6,200 | — | $6,200 |
| BARATZ & ASSOCIATES PA | Other Service Provider | $5,815 | — | $5,815 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $261,916
- Estimated Expense Ratio: 6.271% 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 | $301,914 | $53,340 | $59,955 | $21,901 | — |
| 2023 | $214,201 | $51,785 | $58,987 | $16,395 | — |
| 2022 | $227,947 | $50,278 | $57,972 | — | $75,329 |