Board of Trustees of Southwestern Illinois Laborers Annuity FundProfit-sharing plan
SOUTHWESTERN ILLINOIS LABORERS ANNUITY FUND · BELLEVILLE, IL · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of Southwestern Illinois Laborers Annuity Fund reported $302,794 in plan administrative expenses for 2023: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,030 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio has held roughly steady near 0.380%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 645th-largest of 3,702 plans among Illinois employers on file, and the 727th of 5,337 in construction. active participation has grown from 786 to 1,039 since 2022.
Board of Trustees of Southwestern Illinois Laborers Annuity Fund's 2023 employer contribution ran above the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 371221230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.