Laborers District Council Defined Contribution Retirement Plan 403(b) match, vesting and fees
What Laborers District Council Defined Contribution Retirement Plan's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Laborers District Council Defined Contribution Retirement Plan: employer contribution per participant | $115 | |
| Peer median | $2,966 |
| Laborers District Council Defined Contribution Retirement Plan: average balance | $892 | |
| Peer median | $104,792 |
| Laborers District Council Defined Contribution Retirement Plan: admin expenses ÷ assets | 2.71% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3M at the end of plan year 2021 to $4.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,767 | $4.3M | $549K | $115 | 2.71% | Not published | Form 5500 ↗ |
| 2023 | 4,389 | $3.7M | $657K | $150 | 3.85% | Not published | Form 5500 ↗ |
| 2022 | 3,761 | $3M | $576K | $153 | 3.21% | Not published | Form 5500 ↗ |
| 2021 | 3,290 | $3M | $479K | $146 | 4.12% | Not published | Form 5500 ↗ |
Other Laborers District Council Defined Contribution Retirement Plan plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Laborers District Council Pension and Disability Trust Fund No. 2
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Capital One Bank | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Laborers District Council Defined Contribution Retirement Plan match 401(k) contributions?
The match terms for the Laborers District Council Defined Contribution Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $549K in employer contributions, about $115 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Laborers District Council Defined Contribution Retirement Plan 401(k) match vested?
The vesting schedule for the Laborers District Council Defined Contribution Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Laborers District Council Defined Contribution Retirement Plan 401(k)?
The filing names Laborers District Council Defined Contribution Retirement Plan as plan administrator; it does not list a recordkeeper.
I left Laborers District Council Defined Contribution Retirement Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Laborers District Council Defined Contribution Retirement Plan, (301) 937-9300). The Laborers District Council Defined Contribution Retirement Plan old 401(k) page lists the contacts from every plan filing. Find an old Laborers District Council Defined Contribution Retirement Plan 401(k)
Data from the public Form 5500 annual reports Laborers District Council Defined Contribution Retirement Plan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Laborers District Council Defined Contribution Retirement Plan. Not financial advice. Report a correction · Methodology