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Original filing (PDF)20251010092647NAL0004104659005

BOARD OF TRUSTEES OF THE LABORERS NATIONAL PENSION FUND

Form 5500
FILING_RECEIVED
LABORERS NATIONAL PENSION FUND
Defined-benefit pension plan
Signals · 3
59% in single holdingNo recordkeeper disclosed41 service providers
Active participants
10,811
Accounts w/ balance
Plan assets (EOY)
$1.5B
Net assets (EOY)
$1.5B
How this plan invests
This plan
11 pooled trusts
Schedule D
21 securities
funds · stocks · CUSIPs

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

Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "[DFE: LABORERS SELECT DAILY RUSSELL 3000 (no filing on disk)]" is 59% of plan.
  • 44 bps in Schedule C fees — 774% 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 BOARD OF TRUSTEES OF THE LABORERS NATIONAL PENSION FUND.
Plan sponsor
Name
BOARD OF TRUSTEES OF THE LABORERS NATIONAL PENSION FUND
EIN
75-1280827
Address
PO BOX 803415 · DALLAS, TX · 753803415
Phone
(972) 233-4458
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
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
ROMOLO & ASSOCIATES, LLC
Trustee / custodian
Trustee phone

Service providers (Schedule C)

41 rows
Other
41
NameEINLocationRelationDirect compIndirect comp
ULLICO INVESTMENT ADVISORS52-6435649NONE$1.7M
HUDSON EDGE INVESTMENT PARTNERS, IN52-1296988NONE$529K
AMERICAN REALTY ADVISORS33-0123114NONE$499K
THE SEGAL COMPANY13-1835864NONE$351K
CHEVY CHASE TRUST COMPANY52-2037618NONE$350K
PARAMETRIC PORTFOLIO ASSOCIATES20-0292745NONE$330K
PRINCIPAL ENHANCED PROPERTY FUND20-0928198NONE$325K
JAMES S. RAY13-4315411NONE$202K
LSV ASSET MANAGEMENT23-2772200NONE$200K
EMPLOYEE 475-1280827EMPLOYEE$185K
MARQUETTE ASSOCIATES, INC36-3485298NONE$185K
WELLS FARGO94-3081343NONE$184K
EMPLOYEE 575-1280827EMPLOYEE$139K
EMPLOYEE 175-1280827EMPLOYEE$127K
EMPLOYEE 1175-1280827EMPLOYEE$102K
NORTHERN TRUST COMPANY36-1561860NONE$98K
EMPLOYEE 975-1280827EMPLOYEE$96K
EMPLOYEE 775-1280827EMPLOYEE$92K
EMPLOYEE 375-1280827EMPLOYEE$90K
EMPLOYEE 675-1280827EMPLOYEE$87K
TED SOILEAU, CPA, LLC45-1621265NONE$81K
EMPLOYEE 875-1280827EMPLOYEE$79K
EMPLOYEE 1275-1280827EMPLOYEE$75K
ROMOLO & ASSOCIATES, LLC84-2885766NONE$69K
EMPLOYEE 1575-1280827EMPLOYEE$65K
EMPLOYEE 1475-1280827EMPLOYEE$61K
EMPLOYEE 1375-1280827EMPLOYEE$61K
EMPLOYEE 275-1280827EMPLOYEE$57K
EMPLOYEE FRINGES AUDIT CO47-2979990NONE$53K
PENSION BENEFIT INFORMATION, LLC82-4722389NONE$42K
EMPLOYEE 1675-1280827EMPLOYEE$41K
EMPLOYEE 1075-1280827EMPLOYEE$38K
J&M DATA SERVICES, INC75-2777089NONE$28K
US BANK NATIONAL ASSOCIATION31-0841368NONE$22K
JOHNSON & KROL, LLC36-4342024NONE$21K
LAW OFFICES OF JACK J. SCHESKEDUNCANVILLE, TXNONE$11K
NEEDLES & ASSOCIATES, LLCWESTMINSTER, CONONE$9K
FINANCIAL ADDITIONS, INCDALLAS, TXNONE$7K
PROXY VOTE PLUS, LLC20-0509976NONE$6K
SEGAL SELECT INSURANCE46-0619194NONE$0
THE UNION LABOR LIFE INSURANCE CO13-1423090NONE$0

Investments

14 direct securities · 11 pooled funds· $1.1B(70% 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
$720.7M
5 holdings
103-12 Investment Entity
$123.1M
4 holdings
Uncategorized
$119.6M
13 holdings
Pooled Separate Account
$108.4M
2 holdings
Real Estate
$3.5M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
LABORERS SELECT DAILY RUSSELL 3000
NORTHERN TRUST INVESTMENTS, INC · EIN 45-6138589 / PN 047
Common Collective Trust
$564.1M36.8%
PARAMETRIC
PARAMETRIC DEFENSIVE EQUITY FUND, LLC · EIN 45-2531297 / PN 001
103-12 Investment Entity
$59.1M3.9%
SEPARATE ACCOUNT R
THE UNION LABOR LIFE INSURANCE COMPANY · EIN 13-1423090 / PN 206
Pooled Separate Account
$57.0M3.7%
SEPARATE ACCOUNT J
THE UNION LABOR LIFE INSURANCE COMPANY · EIN 13-1423090 / PN 203
Pooled Separate Account
$51.4M3.4%
AMERICAN CORE REALTY
AMERICAN REALTY ADVISORS · EIN 95-4871432 / PN 000
Common Collective Trust
$49.9M3.3%
ULLICO INTERNATIONAL SMALL CAP FUND
ULLICO INVESTMENT ADVISORS, INC · EIN 45-4662864 / PN 001
103-12 Investment Entity
$44.0M2.9%
Investments in securities$42.2M$43.1M2.8%
ASB ALLEGIANCE REAL ESTATE FUND
CHEVY CHASE TRUST · EIN 52-6257003 / PN 006
Common Collective Trust
$40.0M2.6%
AFL-CIO BUILDING INVESTMENT TRUST
GREAT GRAY TRUST COMPANY, LLC · EIN 52-6328901 / PN 001
Common Collective Trust
$35.5M2.3%
PRINCIPAL ENHANCED PROPERTY FUND
PRINCIPAL GLOBAL INVESTORS · EIN 20-0928198 / PN 000
Common Collective Trust
$31.3M2.0%
Vanguard S&P 500 ETF55,982.653$30.2M2.0%
U.S. treasury notes16,525,877.509$16.4M1.1%
ULLICO INFRASTRUCTURE TAX EXEMPT FU
ULLICO INVESTMENT ADVISORS, INC · EIN 90-0622302 / PN 001
103-12 Investment Entity
$15.3M1.0%
1 INVESTMENT IN MASTER FUND$15.3M1.0%
U.S. treasury bills12,793,860.019$12.5M0.8%
ULLICO VALUE-ADD REAL ESTATE FD
ULLICO INVESTMENT ADVISORS, INC · EIN 93-2179860 / PN 001
103-12 Investment Entity
$4.7M0.3%
Investments
Real Estate
$3.5M$3.5M0.2%
Cash and Cash Equivalents$1.1M$1.1M<0.1%
Cash and cash equivalents$554K$554K<0.1%
Dividends and Interest Receivable$320K$320K<0.1%
Deposits for Pending Investments$68K$68K<0.1%
RECEIVABLE FROM MASTER FUND$52K$52K<0.1%
Prepaid Organization Expense$45K$45K<0.1%
Cash denominated in foreign currency$3K$3K<0.1%
Dividends Receivable$3K$3K<0.1%