Employer · plans filed under one EIN
Board of Trustees Laborers Pension Trust Fund for Nor Cal-Annuity
Pleasanton, CA · Construction
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Board of Trustees Laborers Pension Trust Fund for Nor Cal-Annuity, based in Pleasanton, California, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 123,015 participant records and $6.99B in net assets.
The largest is Laborers Annuity Plan for Northern California, a money purchase plan with 78,189 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $513M and participant contributions $0 in the latest plan years; benefits paid were $319M. Schedule C compensation reported to service provider organisations totalled $17.2M.
Combined net assets moved from $1.51B in 2009 to $6.99B in 2024 (up 362%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Laborers Annuity Plan for Northern California | money purchase plan | 2024 | 78,189 | $1.54B | $19,659 | $5,209 | $3.7M |
| Laborers Pension Trust Fund for Northern California | defined benefit pension plan | 2024 | 44,826 | $5.45B | $121,670 | $17,526 | $13.5M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 123,015 | $6.99B | $513M | $0 |
| 2023 | 2 | 124,872 | $6.31B | $508M | $0 |
| 2022 | 2 | 120,507 | $5.71B | $488M | $0 |
| 2021 | 2 | 119,440 | $5.55B | $484M | $0 |
| 2020 | 2 | 116,675 | $5.18B | $465M | $0 |
| 2019 | 2 | 115,085 | $4.28B | $468M | $0 |
| 2018 | 2 | 110,847 | $3.80B | $463M | $0 |
| 2017 | 2 | 105,024 | $3.39B | $444M | $0 |
| 2016 | 2 | 101,482 | $2.96B | $349M | $0 |
| 2015 | 2 | 106,595 | $2.51B | $308M | $0 |
| 2014 | 2 | 97,967 | $2.41B | $269M | $0 |
| 2013 | 2 | 90,030 | $2.23B | $234M | $0 |
| 2012 | 2 | 86,683 | $1.96B | $206M | $0 |
| 2011 | 2 | 84,384 | $1.69B | $165M | $0 |
| 2010 | 2 | 83,915 | $1.72B | $138M | $0 |
| 2009 | 2 | 83,498 | $1.51B | $130M | $0 |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Laborers Fund Administration | Contract Administrator; Accounting (including auditing) | 2 | $8,961,195 |
| McMorgan & Company LLC | Investment management | 2 | $2,821,987 |
| Meketa Investment Group | Investment advisory (plan); Consulting (pension) | 2 | $1,310,000 |
| Mackay Shields LLC | Investment management | 2 | $904,545 |
| State Street Global Advisors | Investment management; Custodial (other than securities); Custodial (securities); Actuarial | 2 | $675,634 |
| U.S Bank National Association | Custodial (securities) | 2 | $636,995 |
| Ullico Investment Advisors Inc. | Insurance agents and brokers; Investment management | 2 | $514,065 |
| Withumsmith+brown, PC | Accounting (including auditing) | 2 | $348,442 |
| Brandywine Global Investment MGMT | Investment management | 1 | $153,033 |
| Bullivant Houser Bailey PC | Legal | 2 | $151,735 |
| Cbre | Investment advisory (plan) | 1 | $113,403 |
| The Union Labor Life Insurance Comp | Investment management | 1 | $113,329 |
| Final Option Corp. | Copying and duplicating | 1 | $112,650 |
| Marsh & McLennan Companies Inc. | Insurance agents and brokers; Insurance services | 1 | $40,151 |
| The Segal Company | Consulting (general) | 1 | $37,214 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Board of Trustees Laborers Pension Trust Fund for Nor Cal-Annuity have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Laborers Annuity Plan for Northern California and Laborers Pension Trust Fund for Northern California. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Board of Trustees Laborers Pension Trust Fund for Nor Cal-Annuity contribute to its plans?
$512,597,686 in employer contributions across these plans in their latest plan years, about $10,301 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Laborers Fund Administration, McMorgan & Company LLC, Meketa Investment Group and Mackay Shields LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.