2023 Form 5500 filing — Laborers Trust Fund
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 20250715120010NAL0002027841001) for Laborers Trust Fund, reported by Board Of Trustees Laborers Trust Fund under EIN 54-0675443 and plan number 504. It reports 380 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250715120010NAL0002027841001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Laborers Trust Fund
- EIN
- 54-0675443
- Plan number
- 504
- Location
- Salem, VA
- Participants
- 380
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,963,008
- Total liabilities (EOY)
- $1,286,791
- Net assets (EOY)
- $41,676,217
- Employer contributions
- $12,007,190
- Participant contributions
- $109,728
- Total income / additions
- $17,379,776
- Benefits paid
- $3,157,800
- Administrative expenses
- $1,370,338
- Total expenses
- $4,528,138
- Net increase / (decrease)
- $12,851,638
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Anthem | CLAIMS PROCESSING | $303,794 | $0 |
| Lawrence C. Musgrove Assoc, Inc. | ADMINISTRATOR | $155,400 | not reported in the loaded dataset |
| The Segal Company | ACTUARY | $61,249 | not reported in the loaded dataset |
| American Benefit Corporation | OTHER SERVICES | $48,000 | not reported in the loaded dataset |
| Manning & Napier Advisors, LLC | INVESTMENT MANAGEMENT | $34,490 | not reported in the loaded dataset |
| O'Donoghue & O'Donoghue | ATTORNEY | $29,018 | not reported in the loaded dataset |
| C.S. Mckee | INVESTMENT MANAGEMENT | $21,474 | not reported in the loaded dataset |
| Anderson & Reed, Llp | AUDITOR | $14,200 | not reported in the loaded dataset |
| Standard Valuations, Inc. | ADVISORY | $13,500 | not reported in the loaded dataset |
| New Tower Trust Company | INVESTMENTS | $7,250 | not reported in the loaded dataset |
| Lapadula,Carlson & Co., Cpa'S | PAYROLL AUDITOR | $6,323 | not reported in the loaded dataset |
| Huntington Bank | INVESTMENT CUSTODIAN | $5,123 | not reported in the loaded dataset |