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Original filing (PDF)20251010100718NAL0004129667001

BD. OF TRUSTEES OF MASS. LABORERS ANNUITY FUND

Form 5500
FILING_RECEIVED
MASSACHUSETTS LABORERS' ANNUITY FUND
Defined-contribution retirement plan
Signals · 2
No recordkeeper disclosed43 service providers
Active participants
13,601
Accounts w/ balance
31,668
Plan assets (EOY)
$2.3B
Net assets (EOY)
$2.3B
How this plan invests
This plan
19 pooled trusts
Schedule D
2,020 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 23 bps in Schedule C fees — 363% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BD. OF TRUSTEES OF MASS. LABORERS ANNUITY FUND.
Plan sponsor
Name
BD. OF TRUSTEES OF MASS. LABORERS ANNUITY FUND
EIN
04-6553616
Address
1400 DISTRICT AVENUE · SUITE 200 · BURLINGTON, MA · 018035236
Phone
(781) 272-1000
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2C · Money purchase (other than target benefit)
Audit & trust (Schedule H)
Auditor
SCHULTHEIS & PANETTIERI, LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

43 rows
Legal counsel
1
NameEINLocationRelationDirect compIndirect comp
CORRENTE LAW CORP06-1484539ATTORNEY$52K
Other
42
NameEINLocationRelationDirect compIndirect comp
WALTER SCOTT & PARTNERS LIMITED98-0465834NONE$591K
MEKETA INVESTMENT GROUP04-2659023NONE$571K
ARTISAN PARTNERS LP30-0551775NONE$525K
DODGE & COX INVESTMENT MANAGER94-1441976NONE$498K
ACADIAN ASSET MANAGEMENT LLC04-2929221NONE$470K
STATE STREET BANK AND TRUST COMPANY04-1867445NONE$387K
ALLIANCE BERNSTEIN LP13-4064930NONE$305K
STATE STREET GLOBAL ADVISORS81-4017137NONE$244K
LAZARD ASSET MANAGEMENT05-0530199NONE$192K
SCHULTHEIS & PANETTIERI LLP13-1577780NONE$150K
SEGAL ROITMAN LLP04-2489114NONE$145K
THE SEGAL CO (EASTERN STATES), INC13-1835864NONE$119K
CMIT SOLUTIONS27-0903009NONE$90K
EMPLOYEE A04-2214296NONE$89K
EMPLOYEE B04-2214296NONE$78K
EMPLOYEE C04-2214296NONE$63K
BRIDGEWAY BENEFIT TECHNOLOGIES52-1796473NONE$55K
EMPLOYEE D04-2214296NONE$53K
O'REILLY GROSSO GROSS & JONES P.C.04-3318596NONE$52K
EMPLOYEE E04-2214296NONE$49K
617 MEDIA GROUP90-1252805NONE$48K
EMPLOYEE F04-2214296NONE$41K
EMPLOYEE G04-2214296NONE$39K
EMPLOYEE H04-2214296NONE$38K
EMPLOYEE K04-2214296NONE$34K
EMPLOYEE I04-2214296NONE$34K
EMPLOYEE J04-2214296NONE$34K
EMPLOYEE L04-2214296NONE$30K
EMPLOYEE M04-2214296NONE$28K
EMPLOYEE N04-2214296NONE$27K
EMPLOYEE O04-2214296NONE$27K
EMPLOYEE P04-2214296NONE$27K
EMPLOYEE Q04-2214296NONE$26K
EMPLOYEE R04-2214296NONE$26K
EMPLOYEE S04-2214296NONE$25K
RHUMBLINE ADVISERS LP04-3118582NONE$16K
KONICA MINOLTA PREMIER94-1686094NONE$7K
RANKIN & SULTAN04-2917889NONE$6K
ROBERT HALF94-1648752NONE$5K
PROXYVOTE PLUS HOLDINGS INC20-0509976NONE$5K
SEGAL SELECT INS SVCS INC46-0619194NONE$0
UNION LABOR LIFE INSURANCE CO13-1423090NONE$0

Investments

1,948 direct securities · 19 pooled funds· $1.8B(78% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Common Collective Trust
$811.5M
13 holdings
Uncategorized
$655.8M
1948 holdings
103-12 Investment Entity
$299.7M
5 holdings
Pooled Separate Account
$28.5M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
SS US AGG BOND INDEX NL FUND
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 070
Common Collective Trust
$150.8M6.6%
SS US SHORT TERM GOVERNMENT CREDIT
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 284
Common Collective Trust
$127.7M5.6%
RHUMBLINE QSI INDEX LLC
RHUMBLINE ADVISERS CORP · EIN 26-0137355 / PN 001
103-12 Investment Entity
$106.7M4.7%
SS US TIPS INDEX NL FUND
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 152
Common Collective Trust
$100.8M4.4%
1-3 YEAR U.S. TREASURY INDX NL FUND$89.7M3.9%
SS US TIPS INDEX NL CT FUND
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 88-2478228 / PN 001
Common Collective Trust
$86.5M3.8%
NCS GROUP TRUST - GLOBAL FUND
BNY MELLON INVESTMENT ADVISER INC · EIN 76-6192146 / PN 003
103-12 Investment Entity
$80.0M3.5%
SS MSCI EAFE INDEX NL FUND
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 241
Common Collective Trust
$72.8M3.2%
SS RUSSELL 1000(R) GROWTH INDX NL
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 124
Common Collective Trust
$69.0M3.0%
ACADIAN INTERNATIONAL SMALL-CAP FUN
ACADIAN ASSET MANAGEMENT LLC · EIN 04-2929221 / PN 001
103-12 Investment Entity
$64.1M2.8%
SS RUSSELL 1000(R) VALUE INDX NL
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 123
Common Collective Trust
$60.6M2.6%
U.S. MORTGAGE BACKED INDEX NL FUND$37.9M1.7%
1-3 YEAR U.S. CREDIT INDX NL FUND$36.1M1.6%
[DFE: STATE STREET PASSIVE EMERGING MARKETS LOCAL CURRENCY BOND NON-LENDING COMMON TRUST FUND (extraction pending)]$35.6M1.6%
SS PASSIVE EMERG MKTS LCL CUR BD NL
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 27-6784056 / PN 001
Common Collective Trust
$35.6M1.6%
NEWTOWER TRUST CO. MULTI-EMPLOYER P
NEWTOWER TRUST COMPANY · EIN 52-6218800 / PN 001
Common Collective Trust
$32.5M1.4%
GQG PARTNERS EMERGING MARKETS EQUIT
RELIANCE TRUST COMPANY · EIN 82-6258259 / PN 012
Common Collective Trust
$31.9M1.4%
3-10 YEAR U.S. TREASURY INDX NL FUN$30.7M1.3%
EMERGING MARKETS EQUITY GROUP TRUST
LAZARD ASSET MANAGEMENT LLC · EIN 13-5545100 / PN 002
103-12 Investment Entity
$29.5M1.3%
ULLICO SEPARATE ACCOUNT J
THE UNION LABOR LIFE INSURANCE COMPANY · EIN 13-1423090 / PN 203
Pooled Separate Account
$28.5M1.2%
SS RUSSELL 2000(R) INDX NL
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 013
Common Collective Trust
$24.5M1.1%
1-3 YEAR U.S. TREASURY INDEX NL FUN$23.0M1.0%
3-10 YEAR U.S. CREDIT INDEX NL FUND$19.5M0.9%
ULLICO INFRASTRUCTURE TAX EXEMPT FU
ULLICO INVESTMENT ADVISORS INC · EIN 90-0622302 / PN 001
103-12 Investment Entity
$19.4M0.8%
1 INVESTMENT IN MASTER FUND$19.3M0.8%
MSCI JPY INDX NL FUND JP12$16.9M0.7%
LONG U.S. TREASURY INDEX NL FUND (C$13.2M0.6%
LONG U.S. CREDIT CORPORATE BOND IND$12.0M0.5%
MSCI UK INDX NL FUND UK12$10.8M0.5%
SS DAILY MSCI EMG MKTS INDX NL FUND
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 192
Common Collective Trust
$10.6M0.5%
1-3 YEAR U.S. CREDIT INDEX NL FUND$9.2M0.4%
AFL-CIO BUILDING INVESTMENT TRUST
GREAT GREY TRUST COMPANY LLC · EIN 52-6328901 / PN 001
Common Collective Trust
$8.1M0.4%
MSCI FRF INDX NL FUND FR12$8.1M0.4%
APPLE INC31,142.404$631K$7.8M0.3%
MSCI CHF INDX NL FUND CH12$7.0M0.3%
MSCI DEM INDX NL FUND GR12$6.7M0.3%
MICROSOFT CORP15,722.222$4.4M$6.6M0.3%
MSCI AUD INDX NL FUND AU12$5.4M0.2%
ALPHABET INC CL A25,858.432$3.3M$4.9M0.2%
Taiwan Semiconductor Manufacturing Company Limited Sponsored ADR18,019.803$3.6M0.2%
MSCI NLG INDX NL FUND NL12$3.4M0.1%
Microsoft Corporation7,586.098$3.2M0.1%
META PLATFORMS INC CLASS A5,392.124$2.6M$3.2M0.1%
BROADCOM INC13,133.115$1.2M$3.0M0.1%
U.S. ASSET BACKED/COMMERCIAL MORTGA$3.0M0.1%
Alphabet, Inc. 'C' Shares14,479.47$2.8M0.1%
Mastercard, Inc. 'A' Shares5,176.613$2.7M0.1%
MSCI SEK INDX NL FUND SW12$2.6M0.1%
Amphenol Corporation 'A' Shares33,973.741$2.4M0.1%
Novo Nordisk AS 'B' Shares27,015.256$2.3M0.1%
HOME DEPOT INC5,730.94$679K$2.2M<0.1%
MCDONALD S CORP7,521.098$1.2M$2.2M<0.1%
Linde Plc5,080.648$2.1M<0.1%
MSCI DKK INDX NL FUND DE12$2.1M<0.1%
TJX Companies, Inc.17,389.325$2.1M<0.1%
Automatic Data Processing, Inc.7,112.188$2.1M<0.1%
MSCI ITL INDX NL FUND IT12$2.0M<0.1%
Compass Group Plc60,438.327$2.0M<0.1%
MSCI ESP INDX NL FUND SP12$2.0M<0.1%
Booking Holdings, Inc.401.174$2.0M<0.1%
Intuitive Surgical, Inc.3,760.675$2.0M<0.1%
Alimentation Couche-Tard, Inc.35,250.854$2.0M<0.1%
Keyence Corporation4,726.176$1.9M<0.1%
Fastenal Company26,475.194$1.9M<0.1%
Adobe, Inc.4,276.836$1.9M<0.1%
1-3 YEAR U.S. AGENCY INDX NL FUND$1.9M<0.1%
Fortinet, Inc.19,811.797$1.9M<0.1%
O'Reilly Automotive, Inc.1,566.897$1.9M<0.1%
Stryker Corporation5,146.281$1.9M<0.1%
Industria de Diseño Textil SA35,913.645$1.8M<0.1%
VISA INC CLASS A SHARES5,688.833$725K$1.8M<0.1%
AIA Group Limited236,729.483$1.7M<0.1%
Texas Instruments, Inc.9,084.345$1.7M<0.1%
Paychex, Inc.12,056.571$1.7M<0.1%
Cisco Systems, Inc.28,203.658$1.7M<0.1%
JPMORGAN CHASE + CO6,676.885$1.4M$1.6M<0.1%
LOWE S COS INC6,377.782$1.6M$1.6M<0.1%
LVMH Moët Hennessy Louis Vuitton SE2,386.927$1.6M<0.1%
ResMed, Inc.6,865.082$1.6M<0.1%
Costco Wholesale Corporation1,710.478$1.6M<0.1%
Roche Holding AG5,438.413$1.5M<0.1%
Edwards Lifesciences Corporation20,658.866$1.5M<0.1%
MSCI HKD INDX NL FUND HK12$1.4M<0.1%
Old Dominion Freight Line, Inc.8,179.568$1.4M<0.1%
DR HORTON INC10,060.046$1.1M$1.4M<0.1%
Copart, Inc.24,387.502$1.4M<0.1%
CSL Limited8,020.44$1.4M<0.1%
ACCENTURE PLC CL A3,936.431$393K$1.4M<0.1%
L'Oréal SA3,902$1.4M<0.1%
ASML Holding NV1,929.661$1.4M<0.1%
Experian Plc31,307.456$1.4M<0.1%
Shin-Etsu Chemical Company Limited39,727.241$1.3M<0.1%
LONG U.S. CREDIT NON-CORPORATE BOND$1.3M<0.1%
NIKE, Inc. 'B' Shares17,399.721$1.3M<0.1%
MASTERCARD INC A2,495.427$1.1M$1.3M<0.1%
West Pharmaceutical Services, Inc.3,978.821$1.3M<0.1%
CISCO SYSTEMS INC21,569.366$1.1M$1.3M<0.1%
Canadian National Railway Company12,254.72$1.2M<0.1%
MSCI SGD INDX NL FUND SG12$1.2M<0.1%
COSTCO WHOLESALE CORP1,300.864$127K$1.2M<0.1%
CME GROUP INC4,989.874$433K$1.2M<0.1%
UNITEDHEALTH GROUP INC2,249.203$137K$1.1M<0.1%
AMDOCS LTD12,988.841$901K$1.1M<0.1%
ABBOTT LABORATORIES9,509.279$1.1M$1.1M<0.1%
JOHNSON + JOHNSON7,370.295$1.2M$1.1M<0.1%
BADGER METER INC4,981.714$582K$1.1M<0.1%
Ferguson Enterprises, Inc.6,017.616$1.0M<0.1%
Waters Corporation2,748.593$1.0M<0.1%
TEXAS INSTRUMENTS INC5,379.176$159K$1.0M<0.1%
Visa, Inc. 'A' Shares3,164.278$1.0M<0.1%
Moody's Corporation2,103.422$996K<0.1%
AMPHENOL CORP CL A14,331.595$560K$995K<0.1%
AUTOMATIC DATA PROCESSING3,246.394$169K$950K<0.1%
Mettler-Toledo International, Inc.759.061$929K<0.1%
CHEVRON CORP6,366.684$1.0M$922K<0.1%
ANALOG DEVICES INC4,217.581$518K$896K<0.1%
BLACKROCK INC853.679$152K$875K<0.1%
COGNIZANT TECH SOLUTIONS A11,348.616$766K$873K<0.1%
Cognizant Technology Solutions Corporation 'A' Shares11,335.768$872K<0.1%
Lonza Group AG1,441.911$852K<0.1%
MORGAN STANLEY6,715.402$570K$844K<0.1%
APPLIED MATERIALS INC5,078.985$269K$826K<0.1%
SMC Corporation2,030.26$803K<0.1%
AFLAC INC7,629.032$157K$789K<0.1%
EOG RESOURCES INC6,408.574$472K$786K<0.1%
A2A SpA351,313.845$780K<0.1%
ROPER TECHNOLOGIES INC1,476.801$421K$768K<0.1%
T MOBILE US INC3,463.35$634K$764K<0.1%
COCA COLA CO/THE12,129.831$809K$755K<0.1%
UNION PACIFIC CORP3,276.098$807K$747K<0.1%
THERMO FISHER SCIENTIFIC INC1,418.591$591K$738K<0.1%
REPUBLIC SERVICES INC3,645.815$709K$733K<0.1%
MSCI BEF INDX NL FUND BE12$730K<0.1%
LAM RESEARCH CORP9,994.764$625K$722K<0.1%
WASTE MANAGEMENT INC3,560.186$663K$718K<0.1%
MSCI FIM INDX NL FUND FI12$712K<0.1%
GENERAL DYNAMICS CORP2,687.031$401K$708K<0.1%
MEDTRONIC PLC8,828.708$680K$705K<0.1%
MSCI ISRAEL INDEX NONLENDING FUND I$700K<0.1%
CINTAS CORP3,816.42$730K$697K<0.1%
PHILIP MORRIS INTERNATIONAL5,683.393$557K$684K<0.1%
S+P GLOBAL INC1,370.064$517K$682K<0.1%
DANAHER CORP2,968.726$158K$681K<0.1%
PACCAR INC6,397.04$632K$665K<0.1%
PEPSICO INC4,364.032$753K$664K<0.1%
GARMIN LTD3,209.945$317K$662K<0.1%
EQT CORP14,351.179$504K$662K<0.1%
AGL Energy Ltd93,995.761$657K<0.1%
DOLBY LABORATORIES INC CL A8,398.713$664K$656K<0.1%
Nova Measuring Instruments Ltd3,315.619$653K<0.1%
AIR PRODUCTS + CHEMICALS INC2,251.161$607K$653K<0.1%
MONOLITHIC POWER SYSTEMS INC1,095.115$248K$648K<0.1%
CONOCOPHILLIPS6,443.826$715K$639K<0.1%
VERIZON COMMUNICATIONS INC15,304.305$526K$612K<0.1%
ZOETIS INC3,732.097$585K$608K<0.1%
SKYWORKS SOLUTIONS INC6,664.59$624K$591K<0.1%
MARSH + MCLENNAN COS2,781.909$489K$591K<0.1%
JVCKenwood Corp52,527.946$584K<0.1%
PNC FINANCIAL SERVICES GROUP2,951.861$412K$569K<0.1%
MONDELEZ INTERNATIONAL INC A9,394.382$595K$561K<0.1%
SOUTHERN COPPER CORP6,151.143$348K$561K<0.1%
Belimo Holding AG843.449$558K<0.1%
CHUBB LTD2,010.051$554K$555K<0.1%
COMCAST CORP CLASS A14,558.56$244K$546K<0.1%
THE CIGNA GROUP1,951.514$450K$539K<0.1%
WEST PHARMACEUTICAL SERVICES1,629.997$254K$534K<0.1%
QUEST DIAGNOSTICS INC3,522.322$254K$531K<0.1%
BECTON DICKINSON AND CO2,305.672$550K$523K<0.1%
PACKAGING CORP OF AMERICA2,220.696$214K$500K<0.1%
PUBLIC STORAGE1,666.882$253K$499K<0.1%
Carnival PLC ADR22,155.577$499K<0.1%
TRACTOR SUPPLY COMPANY9,336.498$246K$495K<0.1%
LOGILITY SUPPLY CHAIN SOLUTI44,576.146$495K$494K<0.1%
AMETEK INC1,493.448$495K$494K<0.1%
TRAVELERS COS INC/THE2,041.822$443K$492K<0.1%
US BANCORP10,167.763$482K$486K<0.1%
HCA HEALTHCARE INC1,613.785$586K$484K<0.1%
1-3 YEAR U.S. AGENCY INDEX NL CTF$484K<0.1%
CHEMED CORP908.842$467K$482K<0.1%
NEXTERA ENERGY INC6,701.149$481K$480K<0.1%
Incitec Pivot Ltd264,139.474$479K<0.1%
UNIVERSAL DISPLAY CORP3,275.336$464K$479K<0.1%
PROLOGIS INC4,514.726$577K$477K<0.1%
Santen Pharmaceutical Co Ltd45,043.485$464K<0.1%
AGILENT TECHNOLOGIES INC3,430.709$441K$461K<0.1%
3-10 YEAR U.S. AGENCY INDEX NL CTF$459K<0.1%
NVE CORP5,629.97$457K$458K<0.1%
ELEVANCE HEALTH INC1,239.934$606K$457K<0.1%
TARGET CORP3,174.474$477K$429K<0.1%
Siegfried Holding AG392.2$427K<0.1%
SERVICE CORP INTERNATIONAL5,327.603$361K$425K<0.1%
Bendigo & Adelaide Bank Ltd52,344.602$425K<0.1%
MSCI NOK INDX NL FUND NO12$421K<0.1%
DOMINO S PIZZA INC989.466$379K$415K<0.1%
JB Hi-Fi Ltd7,174.582$412K<0.1%
LENNAR CORP A2,977.865$251K$406K<0.1%
RELIANCE INC1,508.137$225K$406K<0.1%
SILGAN HOLDINGS INC7,634.798$359K$397K<0.1%
PATTERSON UTI ENERGY INC48,019.149$524K$397K<0.1%
Accelleron Industries AG7,622.37$393K<0.1%
Showing top 200 of 1,967 investments by value.