Laborers' Local #157 Pension Fund — Form 5500 plan (Laborers' Local #157 Pension Fund)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Laborers' Local #157 Pension Fund is a benefit plan reported by Laborers' Local #157 Pension Fund under EIN 14-6076460 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,041 participants and $92,997,970 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Laborers' Local #157 Pension Fund
- EIN
- 14-6076460
- Plan number
- 001
- Plan type
- 1
- Location
- Schenectady, NY
- Latest filing year
- 2023
- Participants
- 1,041
- End-of-year plan assets
- $92,997,970
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,041 | H, C | 20250415101505NAL0001374771002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $92,997,970
- Total liabilities (EOY)
- $104,310
- Net assets (EOY)
- $92,893,660
- Net assets (BOY)
- $84,050,743
Income & contributions
- Employer contributions
- $8,559,168
- Total contributions
- $8,559,168
- Total income / additions
- $15,070,917
Expenses & distributions
- Benefits paid
- $5,431,235
- Administrative expenses
- $796,765
- Total expenses
- $6,228,000
- Net increase / (decrease)
- $8,842,917
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Smith Barney | NONE | $262,605 | $0 | 2023 |
| Karpus Invesmtent Management | NONE | $41,494 | not reported in the loaded dataset | 2023 |
| Michael Brady | EMPLOYEE | $41,490 | not reported in the loaded dataset | 2023 |
| Summit Actuarial Services LLC | NONE | $40,000 | not reported in the loaded dataset | 2023 |
| Teal, Becker & Chiaramonte Cpas Pc | NONE | $35,800 | not reported in the loaded dataset | 2023 |
| Chartwell Investment Partners, LLC | NONE | $19,590 | not reported in the loaded dataset | 2023 |
| Ocio Monitor | NONE | $19,558 | not reported in the loaded dataset | 2023 |
| Keybank National Association | NONE | $16,368 | not reported in the loaded dataset | 2023 |
| Blitman & King Llp | NONE | $13,378 | not reported in the loaded dataset | 2023 |
| Joseph Mccarthy | NONE | $11,953 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Laborers' Local #157 Pension Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Schenectady, NY
- Morgan Stanley Smith Barney — Schedule C compensation
- Karpus Invesmtent Management — Schedule C compensation
- Michael Brady — Schedule C compensation
- Summit Actuarial Services LLC — Schedule C compensation
- Teal, Becker & Chiaramonte Cpas Pc — Schedule C compensation
- Chartwell Investment Partners, LLC — Schedule C compensation
- Ocio Monitor — Schedule C compensation
- Keybank National Association — Schedule C compensation
- Blitman & King Llp — Schedule C compensation
- Joseph Mccarthy — Schedule C compensation