Plan Ledger DOL Form 5500 · updated monthly

Connecticut Laborers Annuity Fund Board of TrusteesProfit-sharing plan

CONNECTICUT LABORERS' ANNUITY PLAN · WEST HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Connecticut Laborers Annuity Fund Board of Trustees reported $1,402,991 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,169 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 fell from 0.58% to 0.54%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 90th-largest of 1,106 plans among Connecticut employers on file, and the 247th of 5,337 in construction.

Plan summary
Net assets, end of year$274,044,985
Participants with balances7,097
Active participants2,888
Employer contributions$23,590,653
Employee contributions—
Employer contribution per active participant$8,169
Average account balance$38,614
Benefits paid to participants$22,912,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$274.0M · 7,097 accts · $23.6M emplr
2023$244.7M · 7,124 accts · $20.5M emplr
2022$215.1M · 7,118 accts · $19.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,216
Investment management$612,609
Audit (IQPA)$15,500
Trustee / custodial$16,896
Total administrative$1,402,991
Employer contributions to the Connecticut Laborers Annuity Fund Board of Trustees plan · 2024
Employer contribution per active participant$8,169
Median for plans this size$4,294
2024$8,169 per active participant
2023$6,721 per active participant
2022$6,279 per active participant

Connecticut Laborers Annuity Fund Board of Trustees's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202412
STACEY BRAUN ASSOCIATES, INC. · Investment management$206,277
INCOME RESEARCH & MANAGEMENT · Investment management$139,501
ZIEGLER CAPITAL MANAGEMENT, LLC · Investment management$124,277
LOOMIS SAYLES TRUST COMPANY · Investment management$109,226
EMPLOYEE G$57,407
EMPLOYEE F$56,692
EMPLOYEE B$54,293
ROBERT M. CHEVERIE & ASSOCIATES · Legal$52,553
EMPLOYEE I$40,062
EMPLOYEE D$40,041
THE SEGAL COMPANY · Consulting$34,544
EMPLOYEE C$34,088

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,402,991 · 0.54%
2023$1,379,276 · 0.60%
2022$1,347,058 · 0.58%
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Source: U.S. Department of Labor, Form 5500 series, EIN 061175481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.