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Original filing (PDF)20251013115715NAL0001256977001
BOARD OF TRUSTEES LOCAL 580 ANNUITY FUND
Form 5500
FILING_RECEIVED
LOCAL 580 ANNUITY FUND
Defined-contribution retirement plan
Signals · 3
100% in single holdingNo recordkeeper disclosed12 service providers
Active participants
2,391
Accounts w/ balance
3,081
Plan assets (EOY)
$662.7M
Net assets (EOY)
$662.6M
How this plan invests
This plan
2 pooled trusts
Schedule D
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 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
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "[DFE: NEWTOWER TRUST COMPANY MULTI-EMPLOYER PROPERTY TRUST (extraction pending)]" is 100% of plan.
- 13 bps in Schedule C fees — 115% 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 BOARD OF TRUSTEES LOCAL 580 ANNUITY FUND.
Plan sponsor
Name
BOARD OF TRUSTEES LOCAL 580 ANNUITY FUND
EIN
13-6178512
Address
501 WEST 42ND STREET · NEW YORK, NY · 10036
Phone
(212) 695-5206
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
2025-10-13
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
SCHULTHEIS & PANETTIERI, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
12 rowsOther
12| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| INSIGHT NORTH AMERICA LLC | 82-0983489 | — | NONE | $148K | — |
| F/M INVESTMENTS LLC | 93-4308588 | — | NONE | $131K | — |
| JOHN HANCOCK RETIREMENT PLAN SERVIC | 01-0233346 | — | NONE | $89K | — |
| JOINT MANAGED SERVICES ASSOCIATES | 93-3685712 | — | NONE | $86K | — |
| COLLERAN O'HARA & MILLS LLP | 11-2940050 | — | NONE | $70K | — |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | 52-1796473 | — | NONE | $68K | — |
| MORGAN STANLEY | 26-4310632 | — | NONE | $63K | — |
| AMALGAMATED BANK | 13-4920330 | — | NONE | $59K | — |
| SCHULTHEIS & PANETTIERI LLP | 13-1577780 | — | NONE | $58K | — |
| THE SEGAL COMPANY | 13-1835864 | — | NONE | $46K | — |
| STEVEN N DAVI PC | 82-4935807 | — | NONE | $35K | — |
| LABOR BENEFITS LLC | 32-0028913 | — | NONE | $0 | — |
Investments
2 pooled funds· $9.6M(1% 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
$9.6M
1 holding
Pooled Separate Account
$0
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NEWTOWER MULTI-EMPLOYER PROPERTY TR NEWTOWER TRUST COMPANY · EIN 52-6218800 / PN 001 | Common Collective Trust | — | — | $9.6M | 1.4% | |
| ULLICO SEPARATE ACCOUNT J THE UNION LABOR LIFE INSURANCE CO · EIN 13-1423090 / PN 203 | Pooled Separate Account | — | — | $0 | <0.1% |