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BOARD OF TRUSTEES OF MASSACHUSETTS LABORERS' PENSION FUND

Burlington, Massachusetts
500+ employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Massachusetts Laborers' Pension Fund
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
BOARD OF TRUSTEES OF MASSACHUSETTS LABORERS' PENSION FUND
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$15,254
Avg Employer Contribution per Person per Year
Competitive
EE Friendly
Plan Design
Top Benefits
EE Friendly
Admin Fees as a % of Total Assets
Top Benefits
6%
1 Year Return
Laggard

Peer Group

Size
500+ employees
Region
All Region Average
Industry
Construction

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Massachusetts Laborers' Pension Fund
Plan type
DB
Plan start date
12/11/1961
Plan assets
$2,496,761,029
Participation Rate
-123.64 %
Loan %
0.06 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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Just a few of the companies in your cohort

INTL PAINTERS & ALLIED TRADES IND. PENSION FUND- BOARD OF TRUSTEESINTL PAINTERS & ALLIED TRADES IND. PENSION FUND- BOARD OF TRUSTEESTRUSTEES OF LOCAL NO. 1 PENSION BENEFIT TRUST FUNDTRUSTEES OF LOCAL NO. 1 PENSION BENEFIT TRUST FUNDBOARD OF TRUSTEES OF THE PIPE TRADES SERVICES MN PENSION SUPPLEMENT TRBOARD OF TRUSTEES OF THE PIPE TRADES SERVICES MN PENSION SUPPLEMENT TRPIPELINE INDUSTRY PENSION FUNDPIPELINE INDUSTRY PENSION FUNDBD OF TRUSTEES HEAVY & GENERAL LABORERS' OF NJ ANNUITY FUNDBD OF TRUSTEES HEAVY & GENERAL LABORERS' OF NJ ANNUITY FUNDSUMMIT COMPANIES HOLDINGS, INC.SUMMIT COMPANIES HOLDINGS, INC.I.U.O.E. LOCAL 132 PENSION FUNDI.U.O.E. LOCAL 132 PENSION FUNDBOARD OF TRUSTEES PAINTERS DISTRICT COUN NO. 30 PENSION FUNDBOARD OF TRUSTEES PAINTERS DISTRICT COUN NO. 30 PENSION FUNDATLANTA PLUMBERS & STEAMFITTERS PENSION FUNDATLANTA PLUMBERS & STEAMFITTERS PENSION FUNDHAWAII ELECTRICIANS ANNUITY PLANHAWAII ELECTRICIANS ANNUITY PLAN

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