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Original filing (PDF)20260115105853NAL0032240578004

SHEET METAL WORKERS LOCAL NO. 17 ANNUITY INCOME FUND

Form 5500
FILING_RECEIVED
SHEET METAL WORKERS LOCAL 17 ANNUITY INCOME FUND
Defined-contribution retirement plan
Signals · 3
37% in single holdingNo recordkeeper disclosed18 service providers
Active participants
3,288
Accounts w/ balance
3,848
Plan assets (EOY)
$656.3M
Net assets (EOY)
$655.8M
How this plan invests
This plan
10 pooled trusts
Schedule D
10 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
81
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "[DFE: MASSMUTUAL STABLE VALUE DIVERSIFIED (extraction pending)]" is 37% of plan.
  • 30 bps in Schedule C fees — 394% above peer band of 6 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SHEET METAL WORKERS LOCAL NO. 17 ANNUITY INCOME FUND.
Plan sponsor
Name
SHEET METAL WORKERS LOCAL NO. 17 ANNUITY INCOME FUND
EIN
04-6394579
Address
1157 ADAMS STREET, 1ST FLOOR · DORCHESTER, MA · 021245788
Phone
(617) 426-5646
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-04-01
Tax period
2025-03-31
Filed
2026-01-15
Pension benefit codes
2E · Profit-sharing
2H · Partial participant-directed accounts
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
MANZI & ASSOCIATES, LLC
Trustee / custodian
Trustee phone

Service providers (Schedule C)

18 rows
Other
18
NameEINLocationRelationDirect compIndirect comp
SMW ANNUITY04-6394579NONE$484K
SMW INSURANCE04-2088633DORCHESTER, MANONE$321K
SEGAL MARCO ADVISORS13-2646110NONE$206K
NEWTON INVESTMENT MANAGEMENT86-1751460NONE$148K
LSV INVESTMENT30-0246429NONE$143K
EMPOWER ANNUITY INSURANCE COMPANY36-4115383NONE$123K
COLUMBIA ASSET MANAGEMENT38-3386847NONE$113K
INCOME RESEARCH MANAGEMENT04-2955404NONE$104K
BLACKSTONE ALTERNATIVE ASSET20-8875684NEW YORK, NYNONE$83K
BUCK GLOBAL LLC13-3954297NONE$53K
UNION LABOR LIFE13-1423090NONE$41K
EMPOWER ADVISORY GROUP LLC22-3723965NONE$40K
KRAKOW, SOURIS & LANDRY04-3363718NONE$34K
MANZI & ASSOCIATES04-3508036NONE$32K
INTERCONTINENTAL04-3613055NONE$14K
LAPIER, DILLON AND ASSOCIATES PC32-0048525NONE$8K
NEW TOWER TRUST COMPANY30-0872552NONE$0
WELLESLEY 1921 FUND20-2982860NONE$0

Investments

4 direct securities · 10 pooled funds· $556.9M(85% 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.

Uncategorized
$225.7M
4 holdings
Pooled Separate Account
$167.0M
3 holdings
Common Collective Trust
$164.1M
7 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
[DFE: MASSMUTUAL STABLE VALUE DIVERSIFIED (extraction pending)]$123.9M18.9%
MASSMUTUAL DIV. SAGIC FUND II
MASSMUTUAL · EIN 90-0779283 / PN 448
Pooled Separate Account
$123.9M18.9%
[DFE: IR&M CORE BOND FUND II LLC (extraction pending)]$39.9M6.1%
IR&M INTERMEDIATE FUND
INCOME RESEARCH AND MANAGEMENT · EIN 27-1803513 / PN 001
Common Collective Trust
$39.9M6.1%
[DFE: MASSMUTUAL STABLE VALUE DIVERSIFIED (extraction pending)]$35.8M5.4%
MASSMUTUAL GURANTEED INT ACCT.
MASSMUTUAL · EIN 90-0779283 / PN 448
Pooled Separate Account
$35.8M5.4%
[DFE: ASB ALLEGIANCE REAL ESTATE FUND (extraction pending)]$26.1M4.0%
AFL EQUITY INDEX
CHEVY CHASE TRUST · EIN 52-6257033 / PN 006
Common Collective Trust
$26.1M4.0%
L&G S&P 600 CIT FUND
RELIANCE TRUST CT OR SVF · EIN 04-6394579 / PN 001
Common Collective Trust
$23.4M3.6%
LSV INT'L VALUE EQUITY FUND
LSV ASSET MANAGEMENT · EIN 30-0246429 / PN 001
Common Collective Trust
$23.4M3.6%
STATE STREET LARGE CAP. INDEX FUND
STATE STREET BANK & TRUST CO · EIN 04-6625099 / PN 001
Common Collective Trust
$22.2M3.4%
MULTI EMPLOYER PROPERTY TRUST
NEW TOWER TRUST · EIN 52-6218800 / PN 001
Common Collective Trust
$16.9M2.6%
L&G S&P 400 CIT FUND
RELIANCE TRUST CT OR SVF · EIN 04-6394579 / PN 001
Common Collective Trust
$12.2M1.9%
SEPARATE ACCOUNT J
UNION LABOR LIFE · EIN 13-1423090 / PN 203
Pooled Separate Account
$7.3M1.1%