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Original filing (PDF)20250623102243NAL0008561536001
LAREDO TRANSIT MANAGEMENT INC.
Form 5500
FILING_RECEIVED
LTMI DEFINED BENEFIT PLAN
Defined-benefit pension plan
Signals · 3
Late filing · 1.3 mo~75 bps in Sched C feesNo recordkeeper disclosed
Active participants
132
Accounts w/ balance
0
Plan assets (EOY)
$18.4M
Net assets (EOY)
$18.4M
How this plan invests
This plan
12 collective trusts
Schedule D
Individual securities
on each trust's filing
This plan doesn't hold securities directly — it invests through trusts. Click a trust below to drill into its securities.
Plan health score (directional)
83
/ 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
95
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Filed 1.3 months past the 10.5-month grace window.
- 75 bps in Schedule C fees — 159% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LAREDO TRANSIT MANAGEMENT INC..
Plan sponsor
Name
LAREDO TRANSIT MANAGEMENT INC.
EIN
02-0668666
Address
1301 FARRAGUT STREET, THIRD FLOOR W · LAREDO, TX · 780404902
Phone
(956) 795-2250
Industry
Transportation & Warehousingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2023
Plan year begin
2023-07-01
Tax period
2024-06-30
Filed
2025-06-23
Pension benefit codes
1B · Flat-dollar DB formula
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
JORGE MARTINEZ
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $46K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GUTIERREZ, MARTINEZ & CO LLP | 46-4553305 | — | ACCOUNTANT | $15K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WELLS FARGO BANK, N.A. | 41-0449260 | — | OTHER SERVICES | $77K | — |
Investments
12 pooled funds· $14.4M(78% 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.
| Investment | Type | Current value | % of plan |
|---|---|---|---|
| BLACKROCK S&P 500 INDEX WELLS FARGO BANK, N.A. · EIN 94-3224211 / PN 001 | Common Collective Trust | $2.3M | 12.4% |
| DODGE & COX INTERMEDIATE BOND WELLS FARGO BANK, N.A. · EIN 47-6566265 / PN 001 | Common Collective Trust | $1.7M | 9.1% |
| ALLSPRING CORE BOND CIT N WELLS FARGO BANK, N.A. · EIN 94-3222878 / PN 001 | Common Collective Trust | $1.7M | 9.1% |
| FEDERATED TOTAL RETURN BOND CIT WELLS FARGO BANK, N.A. · EIN 47-6566265 / PN 001 | Common Collective Trust | $1.7M | 9.1% |
| BLACKROCK S&P MIDCAP INDEX CIT F WELLS FARGO BANK, N.A. · EIN 52-2265235 / PN 001 | Common Collective Trust | $1.5M | 8.3% |
| TROWE PRICE INST LCG MGD CIT F WELLS FARGO BANK, N.A. · EIN 45-6648614 / PN 001 | Common Collective Trust | $873K | 4.7% |
| BLACKROCK INTL EQUITY INDEX WELLS FARGO BANK, N.A. · EIN 52-2265229 / PN 001 | Common Collective Trust | $872K | 4.7% |
| MULTI-MANAGER SMALL CAP CIT F WELLS FARGO BANK, N.A. · EIN 45-6648658 / PN 001 | Common Collective Trust | $866K | 4.7% |
| VOYA LARGE CAP GROWTH CIT F WELLS FARGO BANK, N.A. · EIN 82-6249680 / PN 001 | Common Collective Trust | $863K | 4.7% |
| MFS VALUE CIT F WELLS FARGO BANK, N.A. · EIN 45-6648640 / PN 001 | Common Collective Trust | $696K | 3.8% |
| TROWE PRICE INST EQ INC MGD CIT WELLS FARGO BANK, N.A. · EIN 46-6586666 / PN 001 | Common Collective Trust | $685K | 3.7% |
| CAUSEWAY INTERNATIONAL VALUE WELLS FARGO BANK, N.A. · EIN 47-6375784 / PN 001 | Common Collective Trust | $655K | 3.6% |
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