Plan Snapshot
- Plan Sponsor: West Virginia Laborers
- Sponsor EIN: 550772123
- Sponsor Address: ONE UNION SQUARE, SUITE 200, CHARLESTON, WV, 253022115
- Plan Type: DC
- Plan Number: 001
- Total Participants: 4,083
- Total Assets: $156.7M
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 | 4,083 | $156.7M | $8.2M | $0 |
| 2023 | 5,755 | $151.0M | $10.9M | $0 |
| 2022 | 5,751 | $136.5M | $8.8M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $333,303 | — | $333,303 |
| BGO-NEW TOWER TRUST COMPANY | Investment Advisor | $60,139 | — | $60,139 |
| TA REALTY | Investment Advisor | $60,005 | — | $60,005 |
| SEGALL BRYANT & HAMILL | Investment Advisor | $33,676 | — | $33,676 |
| STANDARD VALUATIONS | Other Service Provider | $33,125 | — | $33,125 |
| MARSH & MCLENNAN COMPANIES, INC. | Insurance Carrier | $24,654 | — | $24,654 |
| MEYER UNKOVIC & SCOTT, LLP | ERISA Attorney | $22,773 | — | $22,773 |
| CHARTWELL INVESTMENTS | Investment Advisor | $12,790 | — | $12,790 |
| GRAY GRIFFITH AND MAYS AC | Other Service Provider | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEYER UNKOVIC & SCOTT, LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $587,965
- Estimated Expense Ratio: 0.375% 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 | $1,063,827 | $533,038 | — | — | — |
| 2023 | $856,940 | $371,355 | — | — | — |
| 2022 | $829,960 | $336,821 | — | — | — |