Plan Snapshot
- Plan Sponsor: Board Of Trustees, Utah Laborers Annuity Trust Fund
- Sponsor EIN: 876135141
- Sponsor Address: 1123 PARK VIEW DR STE 200, COVINA, CA, 91724
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,997
- Total Assets: $54.2M
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. |
|---|---|---|---|---|
| 2025 | 1,997 | $54.2M | $0 | $0 |
| 2024 | 1,450 | $47.1M | $2.6M | $0 |
| 2023 | 1,314 | $43.0M | $2.2M | $0 |
| 2022 | 1,218 | $40.3M | $2.3M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVC | Other Service Provider | $94,880 | — | $94,880 |
| VERUS ADVISORY, INC | Other Service Provider | $50,000 | — | $50,000 |
| PACIFIC SOUTHWEST ADMINISTRATORS | Other Service Provider | $44,923 | — | $44,923 |
| MILLER KAPLAN ARASE LLP | Other Service Provider | $22,500 | — | $22,500 |
| THE SEGAL COMPANY | Other Service Provider | $19,400 | — | $19,400 |
| KELLEY LAW GROUP | Other Service Provider | $13,381 | — | $13,381 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,084
- Estimated Expense Ratio: 0.452% 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 |
|---|---|---|---|---|---|
| 2025 | $2,833,269 | $51,942 | $44,923 | $22,500 | — |
| 2024 | $278,796 | $47,287 | $34,788 | $21,500 | — |
| 2023 | $310,622 | $47,260 | $24,078 | $21,500 | — |
| 2022 | $377,500 | $54,854 | $217,516 | — | $61,289 |