Original filing (PDF)20251015115141NAL0002245587001

I.A.M. DISTRICT 15 HEALTH FUND

Name: I.A.M. DISTRICT 15 HEALTH FUND — INTERNATIONAL ASSOCIATION OF MACHINISTS DISTRICT 15 HEALTH FUND, Form 5500 (2024)
Creator: I.A.M. DISTRICT 15 HEALTH FUND

Form 5500

FILING_RECEIVED

INTERNATIONAL ASSOCIATION OF MACHINISTS DISTRICT 15 HEALTH FUND

Health & welfare plan

Signals · 4

26% in single holding~285 bps in Sched C feesNo recordkeeper disclosed9 service providers

Active participants

1,280

Accounts w/ balance

—

Plan assets (EOY)

$79.2M

Net assets (EOY)

$75.0M

How this plan invests

This plan

124 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 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

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Top holding "Primus High Yield Bond Fund Limited partnership N/A Variable N/A" is 26% of plan.
285 bps in Schedule C fees — 1680% above peer band of 16 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for I.A.M. DISTRICT 15 HEALTH FUND.

Plan sponsor

Name

I.A.M. DISTRICT 15 HEALTH FUND

EIN

13-5598021

Address

140 SYLVAN AVENUE · SUITE 303 · ENGLEWOOD CLIFFS, NJ · 07632

Phone

(201) 947-8000

Industry

Transportation & Warehousingsee 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

4D · Dental

4E · Vision

4F · Temporary Disability (accident and sickness)

Audit & trust (Schedule H)

Auditor

WEAVER & TIDWELL, L.L.P.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

9 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
ZENITH AMERICAN SOLUTIONS	52-1590516	—	SERVICES RELATED PLAN	$1.4M	—
EMPIRE HEALTHCHOICE ASSURANCE, INC.	23-7391136	—	NONE	$452K	—
TARTER KRINSKY & DROGIN	13-4160916	—	SERVICES RELATED PLAN	$116K	—
WEAVER AND TIDWELL, L.L.P.	75-0786316	—	SERVICES RELATED PLAN	$84K	—
STACEY BRAUN ASSOCIATES, INC.	13-2889432	—	NONE	$75K	—
THE SEGAL COMPANY	13-1835864	—	NONE	$66K	—
MED REVIEW, INC.	13-3240352	—	NONE	$47K	—
AMALGAMATED BANK	13-4920330	—	SERVICES RELATED PLAN	$28K	—
SEGAL MARCO ADVISORS, INC.	13-2646110	—	NONE	$17K	—

Investments

116 direct securities· $74.2M(94% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Primus High Yield Bond Fund Limited partnership N/A Variable N/A	—	—	$19.4M	$19.4M	24.4%
Invesco Govt & Agency Inst'l Mutual fund N/A	—	—	$19.3M	$19.3M	24.3%
Cash - interest bearing - Amalgamated Bank of New York Cash N/A	—	—	$11.0M	$11.0M	13.9%
U.S. Treasury Note Fixed income 05/15/32 2.875% N/A	—	—	$1.4M	$1.3M	1.6%
U.S. Treasury Note Fixed income 05/15/27 2.375% N/A	—	—	$1.1M	$1.1M	1.4%
U.S. Treasury Note Fixed income 08/31/27 3.125% N/A	—	—	$1.0M	$991K	1.3%
U.S. Treasury Note Fixed income 02/15/31 1.125% N/A	—	—	$1.0M	$867K	1.1%
U.S. Treasury Note Fixed income 11/15/26 2.000% N/A	—	—	$797K	$787K	1.0%
U.S. Treasury Note Fixed income 09/30/27 4.125% N/A	—	—	$740K	$747K	0.9%
U.S. Treasury Note Fixed income 08/15/29 1.625% N/A	—	—	$803K	$710K	0.9%
U.S. Treasury Note Fixed income 02/15/33 3.500% N/A	—	—	$643K	$605K	0.8%
U.S. Treasury Note Fixed income 10/31/27 4.125% N/A	—	—	$494K	$498K	0.6%
U.S. Treasury Note Fixed income 11/15/32 4.125% N/A	—	—	$487K	$488K	0.6%
U.S. Treasury Note Fixed income 11/15/28 3.125% N/A	—	—	$493K	$478K	0.6%
U.S. Treasury Note Fixed income 02/15/27 2.250% N/A	—	—	$450K	$432K	0.5%
U.S. Treasury Note Fixed income 08/31/28 4.375% N/A	—	—	$398K	$400K	0.5%
U.S. Treasury Note Fixed income 07/31/28 4.125% N/A	—	—	$398K	$397K	0.5%
Oreilly Automotive Inc Fixed income 06/15/32 4.700% N/A	—	—	$353K	$338K	0.4%
U.S. Treasury Note Fixed income 06/30/29 3.250% N/A	—	—	$344K	$334K	0.4%
U.S. Treasury Inflation Protected Fixed income 07/15/31 0.125% N/A	—	—	$325K	$311K	0.4%
U.S. Treasury Note Fixed income 02/15/30 1.500% N/A	—	—	$352K	$304K	0.4%
Meta Platforms Inc Fixed income 05/15/30 4.800% N/A	—	—	$297K	$302K	0.4%
U.S. Treasury Note Fixed income 03/31/25 0.500% N/A	—	—	$304K	$297K	0.4%
U.S. Treasury Note Fixed income 12/31/25 2.625% N/A	—	—	$298K	$295K	0.4%
Alexandria Real Estate Fixed income 01/15/27 3.950% N/A	—	—	$302K	$295K	0.4%
Marsh & Mclennan Cos Inc Fixed income 03/15/29 4.375% N/A	—	—	$297K	$295K	0.4%
Dreyfus Treasury and Agency Cash Management Money market fund N/A Variable N/A	—	—	$293K	$293K	0.4%
U.S. Treasury Note Fixed income 06/30/27 3.250% N/A	—	—	$296K	$293K	0.4%
U.S. Treasury Note Fixed income 09/30/25 0.250% N/A	—	—	$300K	$291K	0.4%
U.S. Treasury Note Fixed income 08/31/25 2.750% N/A	—	—	$284K	$282K	0.4%
Cintas Corp No 2 Sr Fixed income 05/01/32 4.000% N/A	—	—	$301K	$281K	0.4%
Marriott Intl Inc New Fixed income 10/15/27 5.000% N/A	—	—	$249K	$252K	0.3%
U.S. Treasury Note Fixed income 04/15/27 4.500% N/A	—	—	$250K	$251K	0.3%
Abbvie Inc Fixed income 05/14/25 3.600% N/A	—	—	$251K	$249K	0.3%
T-Mobile USA Inc Fixed income 02/01/28 4.750% N/A	—	—	$246K	$248K	0.3%
U.S. Treasury Note Fixed income 02/28/26 2.500% N/A	—	—	$248K	$245K	0.3%
U.S. Treasury Note Fixed income 12/31/28 3.750% N/A	—	—	$249K	$244K	0.3%
Stryker Corp Fixed income 03/07/28 3.650% N/A	—	—	$247K	$241K	0.3%
U.S. Treasury Note Fixed income 02/15/28 2.750% N/A	—	—	$248K	$239K	0.3%
U.S. Treasury Note Fixed income 11/15/27 2.250% N/A	—	—	$244K	$236K	0.3%
U.S. Treasury Note Fixed income 08/31/26 0.750% N/A	—	—	$250K	$236K	0.3%
U.S. Treasury Inflation Protected Fixed income 07/15/29 0.250% N/A	—	—	$241K	$229K	0.3%
U.S. Treasury Note Fixed income 08/15/26 1.500% N/A	—	—	$215K	$215K	0.3%
Roper Technologies Inc Fixed income 06/30/30 2.000% N/A	—	—	$256K	$213K	0.3%
U.S. Treasury Note Fixed income 09/30/28 4.625% N/A	—	—	$200K	$202K	0.3%
Amazon Com Inc Fixed income 12/01/27 4.550% N/A	—	—	$198K	$201K	0.3%
U.S. Treasury Note Fixed income 11/30/28 4.375% N/A	—	—	$199K	$200K	0.3%
Borgwarner Inc Fixed income 07/01/27 2.650% N/A	—	—	$210K	$200K	0.3%
U.S. Treasury Note Fixed income 07/31/25 2.875% N/A	—	—	$199K	$198K	0.3%
Waste Mgmt Inc Fixed income 02/15/30 4.625% N/A	—	—	$195K	$198K	0.3%
Chevron Corp Fixed income 05/16/26 2.954% N/A	—	—	$197K	$196K	0.2%
U.S. Treasury Note Fixed income 03/31/28 3.625% N/A	—	—	$197K	$196K	0.2%
U.S. Treasury Note Fixed income 11/30/29 3.875% N/A	—	—	$199K	$196K	0.2%
U.S. Treasury Note Fixed income 04/30/28 3.500% N/A	—	—	$199K	$195K	0.2%
Omnicom Group Inc Fixed income 06/01/30 4.200% N/A	—	—	$198K	$192K	0.2%
U.S. Treasury Note Fixed income 11/30/26 1.625% N/A	—	—	$199K	$190K	0.2%
U.S. Treasury Note Fixed income 05/15/33 3.375% N/A	—	—	$195K	$184K	0.2%
Caterpillar Finl Service Fixed income 09/14/27 1.100% N/A	—	—	$201K	$184K	0.2%
Norfolk Southern Corp Fixed income 11/01/29 2.550% N/A	—	—	$199K	$181K	0.2%
Visa Inc Fixed income 04/15/30 2.050% N/A	—	—	$211K	$175K	0.2%
Intercontinentalexchange Fixed income 06/15/30 2.100% N/A	—	—	$205K	$173K	0.2%
Zoetis Inc Fixed income 05/15/30 2.000% N/A	—	—	$211K	$172K	0.2%
U.S. Treasury Note Fixed income 02/15/34 4.000% N/A	—	—	$172K	$168K	0.2%
Bank Of America Corp Fixed income 04/21/25 3.950% N/A	—	—	$154K	$155K	0.2%
U.S. Treasury Note Fixed income 11/15/33 4.500% N/A	—	—	$151K	$149K	0.2%
U.S. Treasury Note Fixed income 10/31/25 3.000% N/A	—	—	$149K	$148K	0.2%
Kellogg Co Fixed income 04/01/26 3.250% N/A	—	—	$143K	$148K	0.2%
Bristol-Myers Squibb Fixed income 06/15/26 3.200% N/A	—	—	$150K	$147K	0.2%
Lowe's Cos Inc Fixed income 04/15/26 2.500% N/A	—	—	$153K	$146K	0.2%
Norfolk Southern Corp Fixed income 08/01/28 3.800% N/A	—	—	$151K	$145K	0.2%
US Bancorp Fixed income 07/22/26 2.375% N/A	—	—	$150K	$145K	0.2%
Verizon Communications Fixed income 03/22/28 2.100% N/A	—	—	$156K	$138K	0.2%
Thermo Fisher Fixed income 10/15/28 1.750% N/A	—	—	$146K	$135K	0.2%
U.S. Treasury Note Fixed income 08/15/32 2.750% N/A	—	—	$150K	$133K	0.2%
Amgen Inc Fixed income 02/21/30 2.450% N/A	—	—	$162K	$133K	0.2%
U.S. Treasury Note Fixed income 11/15/30 0.875% N/A	—	—	$145K	$123K	0.2%
EOG Resources Inc Fixed income 04/01/25 3.150% N/A	—	—	$119K	$120K	0.2%
U.S. Treasury Note Fixed income 08/15/27 2.250% N/A	—	—	$124K	$119K	0.1%
U.S. Treasury Note Fixed income 11/15/25 2.250% N/A	—	—	$119K	$118K	0.1%
Coca-Cola Co Fixed income 09/06/29 2.125% N/A	—	—	$124K	$112K	0.1%
U.S. Treasury Note Fixed income 05/15/27 4.500% N/A	—	—	$100K	$100K	0.1%
EOG Resources Inc Fixed income 01/15/26 4.150% N/A	—	—	$100K	$100K	0.1%
U.S. Treasury Note Fixed income 06/15/25 2.875% N/A	—	—	$100K	$99K	0.1%
Metlife Inc Fixed income 11/13/25 3.600% N/A	—	—	$100K	$99K	0.1%
T Mobile USA Inc Fixed income 01/15/33 5.200% N/A	—	—	$97K	$99K	0.1%
U.S. Treasury Note Fixed income 11/30/27 3.875% N/A	—	—	$100K	$99K	0.1%
U.S. Treasury Note Fixed income 01/31/29 4.000% N/A	—	—	$100K	$99K	0.1%
U.S. Treasury Note Fixed income 12/31/30 3.750% N/A	—	—	$100K	$96K	0.1%
Welltower Inc Fixed income 02/15/27 2.700% N/A	—	—	$101K	$96K	0.1%
U.S. Treasury Note Fixed income 02/28/26 0.500% N/A	—	—	$99K	$96K	0.1%
U.S. Treasury Note Fixed income 05/15/28 2.875% N/A	—	—	$99K	$96K	0.1%
Autozone Inc Fixed income 04/15/30 4.000% N/A	—	—	$92K	$95K	0.1%
U.S. Treasury Note Fixed income 02/28/27 1.125% N/A	—	—	$102K	$94K	0.1%
U.S. Treasury Note Fixed income 02/15/29 2.625% N/A	—	—	$100K	$93K	0.1%
Martin Marietta Material Fixed income 03/15/30 2.500% N/A	—	—	$103K	$88K	0.1%
Citigroup Inc Fixed income 04/27/25 3.300% N/A	—	—	$51K	$50K	<0.1%
Waste Management Inc Fixed income 11/15/27 3.150% N/A	—	—	$48K	$48K	<0.1%
Government National Mortgage Association Pool #731231 Fixed income 03/15/40 5.000% N/A	—	—	$21K	$20K	<0.1%
Government National Mortgage Association Pool #667428 Fixed income 11/15/39 5.000% N/A	—	—	$6K	$5K	<0.1%
Government National Mortgage Association Pool #685831 Fixed income 04/15/41 4.500% N/A	—	—	$5K	$5K	<0.1%
FNMA PL #AY8790 2% 04/01/2030 Fixed income 4/1/30 2.00% N/A	—	—	$5K	$5K	<0.1%
Government National Mortgage Association Pool #736888 Fixed income 07/15/40 4.000% N/A	—	—	$5K	$4K	<0.1%
Government National Mortgage Association Pool #721203 Fixed income 09/15/39 5.000% N/A	—	—	$5K	$4K	<0.1%
Government National Mortgage Association Pool #758027 Fixed income 02/15/41 4.500% N/A	—	—	$4K	$3K	<0.1%
Government National Mortgage Association Pool #769518 Fixed income 08/15/41 4.000% N/A	—	—	$3K	$3K	<0.1%
Government National Mortgage Association Pool #704173 Fixed income 01/15/39 5.000% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #599395 Fixed income 06/15/34 5.000% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #693639 Fixed income 07/15/38 5.500% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #763539 Fixed income 05/15/41 4.500% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #675374 Fixed income 05/15/38 5.000% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #521288 Fixed income 04/15/35 5.000% N/A	—	—	$2K	$2K	<0.1%
Government National Mortgage Association Pool #690950 Fixed income 06/15/38 5.000% N/A	—	—	$1K	$1K	<0.1%
Government National Mortgage Association Pool #617518 Fixed income 05/15/37 5.500% N/A	—	—	$1K	$1K	<0.1%
Government National Mortgage Association Pool #717066 Fixed income 05/15/39 4.500% N/A	—	—	$1K	$1K	<0.1%
Government National Mortgage Association Pool #782363 Fixed income 07/15/38 5.500% N/A	—	—	$1K	$1K	<0.1%
Government National Mortgage Association Pool #723625 Fixed income 01/15/40 4.500% N/A	—	—	$1K	$1K	<0.1%