2023 Form 5500 filing — Laborers Pension Trust Fund - Detroit And Vicinity

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250217150010NAL0002881776001) for Laborers Pension Trust Fund - Detroit And Vicinity, reported by Board Of Trustees,Laborers Pension Trust Fund-Detroit And Vicinity under EIN 51-6030973 and plan number 001. It reports 11,601 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 1 · 2023

Filing snapshot

Net assets (EOY)$826MReported net assets$826,033,749
Participants11.6K11,601
Provider compensation$2.1M14 Schedule C row(s)$2,076,464
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250217150010NAL0002881776001
Plan sponsor
Board Of Trustees,Laborers Pension Trust Fund-Detroit And Vicinity
EIN
51-6030973
Plan number
001
Location
Troy, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$828M total assets
Net assets$826MLiabilities$2M
Money in vs. money out
Total income / additions$119.5M
Total expenses$62.4M
Benefits paid / distributions$59.4M
Contributions
Employer$42.7M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$828,002,647
Total liabilities (EOY)
$1,968,898
Net assets (EOY)
$826,033,749
Employer contributions
$42,747,027
Total income / additions
$119,452,656
Benefits paid
$59,373,804
Administrative expenses
$2,989,102
Total expenses
$62,362,906
Net increase / (decrease)
$57,089,750

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Laborers Joint Deliquency CommitteeNONE$450,892not reported in the loaded dataset
Benesys, Inc.NONE$437,842not reported in the loaded dataset
American GraphicsNONE$289,472not reported in the loaded dataset
Loomis, Sayles, & Company, P.C.NONE$282,448$0
Marquette Associates, Inc.NONE$275,249not reported in the loaded dataset
United Actuarial Services, Inc.NONE$87,498not reported in the loaded dataset
Jp Morgan Investment ManagementNONE$73,993$0
Fifth Third BankNONE$52,548not reported in the loaded dataset
Watkins Pawlick Calati & Prifti PcNONE$44,930not reported in the loaded dataset
Benda, Grace, Stulz & Company, P.C.NONE$32,200not reported in the loaded dataset
Segal SelectNONE$19,571not reported in the loaded dataset
Boyd Waterson Asset Management, LLCNONE$10,549not reported in the loaded dataset
Smooth Solutions, Inc.NONE$9,804not reported in the loaded dataset
Tic Internaitonal CorporationNONE$9,468not reported in the loaded dataset

Related Form 5500 pages