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Original filing (PDF)20251014085753NAL0002450497002
BOARD OF TRUSTEES OF SMW LU NO. 28 PENSION FUND
Form 5500
FILING_RECEIVED
SHEET METAL WORKERS LOCAL UNION NO. 28 PENSION FUND
Defined-benefit pension plan
Signals · 3
35% in single holdingNo recordkeeper disclosed24 service providers
Active participants
1,989
Accounts w/ balance
—
Plan assets (EOY)
$364.3M
Net assets (EOY)
$364.1M
How this plan invests
This plan
10 pooled trusts
Schedule D
34 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 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
83
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "s Amalamated Bank Common/Collective - Page 5 N/A N/A N/A N/A" is 35% of plan.
- 28 bps in Schedule C fees — 184% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES OF SMW LU NO. 28 PENSION FUND.
Plan sponsor
Name
BOARD OF TRUSTEES OF SMW LU NO. 28 PENSION FUND
EIN
11-2480671
Address
195 MINEOLA BLVD. · MINEOLA, NY · 115012524
Phone
(516) 742-9478
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
24 rowsOther
24| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WESTFIELD CAPITAL MANAGEMENT LP | 80-0175963 | — | NONE | $131K | — |
| MILLIMAN, INC | 91-0675641 | — | NONE | $83K | — |
| LOOMIS, SAYLES & COMPANY | 20-8080381 | — | NONE | $74K | — |
| RICHIE KNICE | 11-2480671 | — | EMPLOYEE | $74K | — |
| FENIMORE ASSET MANAGEMENT | 14-1564237 | COBLESKILL, NY | NONE | $73K | — |
| GLEN CAMISA | 11-2480671 | — | EMPLOYEE | $61K | — |
| CALIBRE CPA GROUP, PLLC | 47-0900880 | — | NONE | $57K | — |
| PROSKAUER ROSE, LLP | 13-1840454 | — | NONE | $53K | — |
| CARLOS ANDRADE | 11-2480671 | — | EMPLOYEE | $47K | — |
| EAGLE ASSET MANAGEMENT | 59-2385219 | — | NONE | $45K | — |
| ANGELICA DARBY | 11-2480671 | — | EMPLOYEE | $44K | — |
| MCMORGAN & COMPANY LLC | 52-2334338 | — | NONE | $41K | — |
| CHRISTINA OVERTON | 11-2480671 | — | EMPLOYEE | $38K | — |
| REYNOLDS CONSULTING SERVICES | 20-1899564 | — | NONE | $29K | — |
| ROBERT KATUNA | 11-2480671 | — | EMPLOYEE | $29K | — |
| COLLERAN, O'HARA & MILLS LLP | 11-2940050 | — | NONE | $26K | — |
| HARDING LOEVNER | 27-0684167 | — | NONE | $24K | — |
| SYNTONIC SYSTEM, INC | — | NEW YORK, NY | NONE | $21K | — |
| RBC GLOBAL ASSET MANAGEMENT | 41-1460668 | — | NONE | $21K | — |
| AMALGAMATED BANK | 13-4920330 | — | NONE | $18K | — |
| FLEXIBLE BUSINESS SYSTEMS | 11-2772357 | — | NONE | $17K | — |
| DATA RESEARCH GROUP | 20-3223476 | — | NONE | $11K | — |
| SCHULTHEIS & PANETTIERI, LLP | 13-1577780 | — | NONE | $10K | — |
| PITNEY BOWES GLOBAL FINANCIAL | 20-1344287 | — | — | $9K | — |
Investments
29 direct securities · 10 pooled funds· $536.3M(100% 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.
Common Collective Trust
$171.9M
8 holdings
Uncategorized
$154.7M
24 holdings
Common Collective Trusts
$130.6M
1 holding
Pooled Separate Accounts
$30.9M
1 holding
Pooled Separate Account
$30.9M
1 holding
103-12 Investment Entity
$7.0M
1 holding
OTHER
$5.9M
1 holding
PARTNERSHIP/JOINT VENTURE
$2.7M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Amalamated Bank Common/Collective - Page 5 N/A | Common Collective Trusts | — | $52.7M | $130.6M | 35.8% | |
| Amalgamated Bank Common - Page 4 N/A | — | — | $47.9M | $63.4M | 17.4% | |
| LONGVIEW LARGECAP 500 INDEX AMALGAMATED BANK · EIN 13-4920330 / PN 009 | Common Collective Trust | — | — | $62.1M | 17.1% | |
| LONGVIEW LARGECAP 1000 VALUE INDEX AMALGAMATED BANK · EIN 46-2026448 / PN 018 | Common Collective Trust | — | — | $34.0M | 9.3% | |
| New York Life Insurance GA-46001 N/A | Pooled Separate Accounts | — | $30.9M | $30.9M | 8.5% | |
| STABLE VALUE ACCOUNT NEW YORK LIFE INVESTMENT MANAGEMENT · EIN 13-5582869 / PN 125 | Pooled Separate Account | — | — | $30.9M | 8.5% | |
| Interest-bearing cash Amalgamated Bank Short Term Investment Funds - Page 9 N/A | — | — | $26.1M | $26.1M | 7.2% | |
| LONGVIEW LARGECAP 1000 GROWTH INDEX AMALGAMATED BANK · EIN 46-2032992 / PN 019 | Common Collective Trust | — | — | $24.4M | 6.7% | |
| LOOMIS MULTISECTOR FULL STATE STREET · EIN 84-6391546 / PN 007 | Common Collective Trust | — | $17.4M | $19.0M | 5.2% | |
| Boyd Watterson Asset Management Boyd Watterson GSA Fund LP N/A | — | — | $13.8M | $18.0M | 5.0% | |
| Amalamated Bank Common Stock - Pages 3-6 N/A | — | — | $13.8M | $14.2M | 3.9% | |
| LONGVIEW MIDCAP 400 INDEX AMALGAMATED BANK · EIN 13-4920330 / PN 011 | Common Collective Trust | — | — | $10.0M | 2.7% | |
| MULTI-EMPLOYER PROPERTY TRUST NEWTOWER TRUST COMPANY · EIN 52-6218800 / PN 001 | Common Collective Trust | — | $7.5M | $9.4M | 2.6% | |
| SCHRODER INTERNATIONAL EQUITY TRYUS SEI TRUST COMPANY · EIN 46-4679164 / PN 072 | Common Collective Trust | — | $9.1M | $9.1M | 2.5% | |
| ULLICO INFRASTRUCTURE TAX EXEMPT FU ULLICO INVESTMENT ADVISORS, INC. · EIN 90-0622302 / PN 001 | 103-12 Investment Entity | — | $5.0M | $7.0M | 1.9% | |
| Real estate investment trust AEW Capital Management, L.P. AEW Core Property Trust (U.S.), Inc. N/A | OTHER | — | $5.3M | $5.9M | 1.6% | |
| Grosvenor GCM Grosvenor N/A | — | — | $3.9M | $4.8M | 1.3% | |
| Capital Dynamics Capital Dynamics Generation 2022 Investors LP N/A | — | — | $3.2M | $4.0M | 1.1% | |
| CRESCENT CAPITAL TRUST II UNLEVERED GLOBAL TRUST COMPANY · EIN 32-6471303 / PN 001 | Common Collective Trust | — | $2.2M | $3.9M | 1.1% | |
| Siguler Guff Sigular Guff Small Buyout Opp Fund V LP N/A | — | — | $2.7M | $3.3M | 0.9% | |
| TD Bank Interest bearing accounts N/A | — | — | $3.3M | $3.3M | 0.9% | |
| Registered investment companies Amalamated Bank Mutual Fund-Daily Accrual - Page 10 N/A | — | — | $3.4M | $3.3M | 0.9% | |
| Amalgamated Bank Corporate Bonds - Page 8 N/A | — | — | $3.3M | $2.9M | 0.8% | |
| interests American Realty Advisors American Core Realty Fund N/A | PARTNERSHIP/JOINT VENTURE | — | $2.8M | $2.7M | 0.8% | |
| Amalgamated Bank U.S. Treasury Notes - Page 10 N/A | — | — | $2.5M | $2.3M | 0.6% | |
| Amalgamated Bank Foreign - Page 10 N/A | — | — | $1.6M | $1.9M | 0.5% | |
| (other than real property) 195 Holdings, LLC 195 Minneola Boulevard N/A | Real Estate | — | $2.0M | $1.8M | 0.5% | |
| Amalgamated Bank Fed National Mort - Page 7 N/A | — | — | $1.8M | $1.6M | 0.4% | |
| Amalgamated Bank UMBS Securities - Page 10 N/A | — | — | $1.6M | $1.6M | 0.4% | |
| Corporate stocks Amalgamated Bank American Depository - Page 1 N/A | — | — | $1.5M | $1.5M | 0.4% | |
| Amalgamated Bank Corporate ABS - Page 5 N/A | — | — | $707K | $720K | 0.2% | |
| U.S. Government securities Amalgamated Bank Fed Home Loan Mort Gold- Page 6 N/A | — | — | $634K | $589K | 0.2% | |
| Amalgamated Bank Govt National Mort I Pools - Page 8 N/A | — | — | $322K | $316K | <0.1% | |
| Amalgamated Bank Floating Rate Corp - Page 8 N/A | — | — | $281K | $284K | <0.1% | |
| Amalgamated Bank Fed Home Loan Mort - Page 7 N/A | — | — | $293K | $283K | <0.1% | |
| Amalgamated Bank Govt National Mort II Pools - Page 8 N/A | — | — | $231K | $206K | <0.1% | |
| Amalgamated Bank Foreign Corporate Bonds - Page 8 N/A | — | — | $105K | $105K | <0.1% | |
| Corporate debt instruments Amalgamated Bank Collateralized Mort - Page 1 N/A | — | — | $61K | $58K | <0.1% | |
| Amalgamated Bank Cash - Page 11 N/A | — | — | $2K | $2K | <0.1% |