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Original filing (PDF)20251015122214NAL0002399587002
BOARD OF TRUSTEES OF SMW LU NO. 28 WELFARE FUND
Form 5500
FILING_RECEIVED
SHEET METAL WORKERS LOCAL UNION NO. 28 WELFARE FUND
Health & welfare plan
Signals · 4
29% in single holding~301 bps in Sched C feesNo recordkeeper disclosed35 service providers
Active participants
1,954
Accounts w/ balance
—
Plan assets (EOY)
$127.7M
Net assets (EOY)
$108.5M
How this plan invests
This plan
2 pooled trusts
Schedule D
32 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
86
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Longview Broad Market 3000 Index Fund Page 2 N/A N/A N/A N/A" is 29% of plan.
- 301 bps in Schedule C fees — 2914% 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 WELFARE FUND.
Plan sponsor
Name
BOARD OF TRUSTEES OF SMW LU NO. 28 WELFARE FUND
EIN
13-5530847
Address
195 MINEOLA BLVD. · MINEOLA, NY · 115012524
Phone
(516) 742-9478
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4C · Supplemental Unemployment
4D · Dental
4E · Vision
4K · Scholarship (Funded)
4Q · Other
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
35 rowsOther
35| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPIRE HEALTH CHOICE | 23-7391136 | — | NONE | $1.5M | — |
| JENNIFER BLAKE | 13-5530847 | — | EMPLOYEE | $138K | — |
| CALIBRE CPA GROUP, PLLC | 47-0900880 | — | NONE | $136K | — |
| SANTIAGO IDLET | 13-5530847 | — | EMPLOYEE | $130K | — |
| GLEN CAMISA | 13-5530847 | — | EMPLOYEE | $124K | — |
| MOLLY SAGE | 13-5530847 | — | EMPLOYEE | $110K | — |
| CARELON BEHAVIORAL HEALTH | 54-1414194 | — | NONE | $101K | — |
| MILLIMAN, INC. | 91-0675641 | — | NONE | $101K | — |
| SELE-DENT, INC. | 11-3310187 | — | NONE | $98K | — |
| CARLOS ANDRADE | 13-5530847 | — | EMPLOYEE | $90K | — |
| JULIE BENISCHECK | 13-5530847 | — | EMPLOYEE | $88K | — |
| ANA URRUTIA | 13-5530847 | — | EMPLOYEE | $87K | — |
| COLLERAN, O'HARA & MILLS LLP | 11-2940050 | — | NONE | $82K | — |
| TOBENNA ERIKE | 13-5530847 | — | EMPLOYEE | $78K | — |
| KAHYE JACKSON | 13-5530847 | — | EMPLOYEE | $75K | — |
| TERI BRAUNER | 13-5530847 | — | EMPLOYEE | $72K | — |
| KHALIL ENGLAD | 13-5530847 | — | EMPLOYEE | $69K | — |
| FLEXIBLE BUSINESS SYSTEM, INC | 11-2772357 | — | NONE | $64K | — |
| ROBERT KATUNA | 13-5530847 | — | EMPLOYEE | $64K | — |
| LYNETTE BROWN | 13-5530847 | — | EMPLOYEE | $60K | — |
| DATA RESEARCH GROUP | 20-3223476 | — | NONE | $58K | — |
| ANGELICA DARBY | 13-5530847 | — | EMPLOYEE | $50K | — |
| SCHULTHEIS & PANETTIERI, LLP | 13-1577780 | — | NONE | $50K | — |
| LOOMIS SAYLES & COMPANY | 20-8080381 | — | NONE | $50K | — |
| PROSKAUER ROSE LLP | 13-1840454 | — | NONE | $48K | — |
| JOAN AEBLY | 13-5530847 | — | EMPLOYEE | $41K | — |
| CHRISTINA OVERTON | 13-5530847 | — | EMPLOYEE | $39K | — |
| HIGHLAND CAPITAL MANAGEMENT | 27-5440911 | — | NONE | $39K | — |
| EAGLE ASSET MANAGEMENT | 59-2385219 | — | NONE | $38K | — |
| VINCENT THOMAS | 13-5530847 | — | EMPLOYEE | $31K | — |
| SYNTONIC SYSTEM, INC. | — | NEW YORK, NY | NONE | $30K | — |
| REYNOLDS CONSULTING SERVICES | 20-1899564 | — | NONE | $28K | — |
| AMALGAMATED BANK | 13-4920330 | — | NONE | $20K | — |
| AUTOMATIC DATA PROCESSING | 22-1467904 | — | NONE | $6K | — |
| PDI | — | — | NONE | $5K | — |
Investments
30 direct securities · 2 pooled funds· $114.3M(90% 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
$67.8M
28 holdings
Common Collective Trust
$42.7M
2 holdings
Corporate Bonds
$3.9M
1 holding
Mutual Funds
$5K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LONGVIEW BROAD MARKET 3000 INDEX FU AMALGAMATED BANK · EIN 13-4015803 / PN 008 | Common Collective Trust | — | $28.2M | $32.9M | 25.8% | |
| TD Bank Interest bearing accounts N/A | — | — | $26.1M | $26.1M | 20.4% | |
| Limited Partnership Boyd Watterson Asset Management Boyd Watterson GSA Fund LP N/A | — | — | $6.9M | $14.3M | 11.2% | |
| Cash and cash equivalents Dreyfus Treasury & Agency Cash Mgmt Page 12 N/A | — | — | $10.1M | $10.1M | 7.9% | |
| NHIT MULTISECTOR FULL DISCRETION TR LOOMIS SAYLES TRUST COMPANY · EIN 20-8080381 / PN 005 | Common Collective Trust | — | $8.5M | $9.8M | 7.7% | |
| Corporate ABS Page 4 N/A | — | — | $6.4M | $6.3M | 5.0% | |
| Page 7 N/A | Corporate Bonds | — | $4.2M | $3.9M | 3.0% | |
| U.S. Treasury Notes Page 13 N/A | — | — | $3.5M | $3.2M | 2.5% | |
| Fed National Mortgage Association Pools Page 9 N/A | — | — | $1.9M | $1.7M | 1.3% | |
| UMBS Securities Page 14 N/A | — | — | $1.1M | $1.1M | 0.9% | |
| Corporate Obligations Collateralized Mort Backed Obligation Page 1 N/A | — | — | $1.0M | $966K | 0.8% | |
| Floating Rate Corporate Bonds Page 10 N/A | — | — | $549K | $547K | 0.4% | |
| Fed Home Loan Mortgage Assoc Pools Page 8 N/A | — | — | $424K | $419K | 0.3% | |
| Corporate Variable Rate CMO Page 7 N/A | — | — | $439K | $413K | 0.3% | |
| Register Investment companies Common Stock Page 2 N/A | — | — | $341K | $405K | 0.3% | |
| Government Obligations Fed Home Loan Mortgage Assoc Gold Pools Page 8 N/A | — | — | $405K | $373K | 0.3% | |
| Fed National Mortgage Variable Rate Page 8 N/A | — | — | $350K | $327K | 0.3% | |
| Government National Mortage Assoc Remic Page 12 N/A | — | — | $378K | $310K | 0.2% | |
| Government National Mortage Asso II Pools Page 11 N/A | — | — | $275K | $246K | 0.2% | |
| FHLMC Remic Variable Rate Page 10 N/A | — | — | $186K | $187K | 0.1% | |
| Government National Mortage Asso I Pools Page 11 N/A | — | — | $145K | $142K | 0.1% | |
| Foreign Corporate Bonds Page 11 N/A | — | — | $97K | $98K | <0.1% | |
| Corporate Variable Rate ABS Page 7 N/A | — | — | $85K | $85K | <0.1% | |
| Fed National Mortgage Association Remic Page 8 N/A | — | — | $86K | $67K | <0.1% | |
| Municipal Bonds Page 12 N/A | — | — | $55K | $55K | <0.1% | |
| FNMA Remic Variable Rate Page 10 N/A | — | — | $51K | $50K | <0.1% | |
| Foreign Common Stock Page 11 N/A | — | — | $42K | $49K | <0.1% | |
| Fed Home Loan Mortgage Corp Remic Page 8 N/A | — | — | $45K | $42K | <0.1% | |
| Fed Home Loan Mortgage Corp Gold Remic Page 8 N/A | — | — | $35K | $33K | <0.1% | |
| Foreign Government Obligations Page 11 N/A | — | — | $25K | $21K | <0.1% | |
| Municipal Sinking Fund Page 12 N/A | — | — | $19K | $20K | <0.1% | |
| Daily Accrual Page 12 N/A | Mutual Funds | — | $5K | $5K | <0.1% |