Original filing (PDF)20250916154844NAL0001273139002

BOARD OF TRUSTEES OF LOCAL 553 PENSION FUND

Name: BOARD OF TRUSTEES OF LOCAL 553 PENSION FUND — LOCAL 553 PENSION FUND, Form 5500 (2024)
Creator: BOARD OF TRUSTEES OF LOCAL 553 PENSION FUND

Form 5500

FILING_RECEIVED

LOCAL 553 PENSION FUND

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed18 service providers

Active participants

307

Accounts w/ balance

—

Plan assets (EOY)

$253.1M

Net assets (EOY)

$252.8M

How this plan invests

This plan

7 pooled trusts

Schedule D

604 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

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

69 bps in Schedule C fees — 588% 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 LOCAL 553 PENSION FUND.

Plan sponsor

Name

BOARD OF TRUSTEES OF LOCAL 553 PENSION FUND

EIN

13-6637826

Address

265 WEST 14TH STREET · NEW YORK, NY · 100117173

Phone

(212) 627-5553

Industry

Retail Tradesee 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

2025-09-16

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)

18 rows

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
CALIBRE CPA GROUP, PLLC	47-0900880	—	AUDITOR	$106K	—

Legal counsel

Name	EIN	Location	Relation	Direct comp	Indirect comp
FRIEDMAN AND ANSPACH	13-3403675	—	LEGAL COUNSEL	$367K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
JP MORGAN CHASE BANK, N.A.	13-4994650	—	NONE	$256K	—
THE SEGAL COMPANY (EASTERN STATES)	13-1835864	—	NONE	$134K	—
SIEZERT CAPITAL PARTNERS	38-3553488	—	NONE	$125K	—
KATIA A. PETTINATO	13-6637826	—	EMPLOYEE	$124K	—
PROSKAUER ROSE LLP	13-1840454	—	NONE	$100K	—
RAJPATTIE SANKAR	13-6637826	—	EMPLOYEE	$80K	—
NELLI BRAGINSKAYA	13-6637826	—	EMPLOYEE	$80K	—
SEGAL MARCO ADVISORS	13-2646110	—	NONE	$70K	—
US BANK, NA	31-0841368	—	NONE	$69K	—
INVESCO NATIONAL TRUST COMPANY	46-3793325	—	NONE	$56K	—
THE BANK OF NEW YORK MELLON	13-5160382	—	NONE	$55K	—
ELENA SHTABEL	13-6637826	—	EMPLOYEE	$43K	—
BENESYS INC.	—	COLUMBIA, MD	NONE	$32K	—
MR. MICROCHIP SOFTWARE CENTER, INC.	59-3084068	—	NONE	$31K	—
STATE STREET GLOBAL ADVISORS	81-4017137	—	NONE	$14K	—
SEGAL SELECT INSURANCE SERVICES	46-0619194	—	NONE	$0	—

Investments

594 direct securities · 7 pooled funds· $203.3M(80% 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

$173.7M

7 holdings

Uncategorized

$29.6M

594 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
EB DV NON-SL INT. GOV/CREDIT BOND BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 275	Common Collective Trust	—	—	$33.0M	13.0%
AFL-CIO EQUITY INDEX FUND CHEVY CHASE TRUST COMPANY · EIN 27-3350609 / PN 010	Common Collective Trust	—	—	$29.6M	11.7%
EB DV ACWI EX-US FUND BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 193	Common Collective Trust	—	—	$25.3M	10.0%
EATON VANCE COLL. TRUST HIGH YIELD EATON VANCE TRUST COMPANY · EIN 42-1701287 / PN 001	Common Collective Trust	—	—	$25.0M	9.9%
JP MORGAN STRATEGIC PROPERTY FUND JP MORGAN ASSET MANAGEMENT · EIN 13-6038770 / PN 001	Common Collective Trust	—	—	$24.9M	9.8%
RUSSELL 2000 INDEX NL FUND STATE STREET GLOBAL ADVISORS · EIN 04-0025091 / PN 013	Common Collective Trust	—	—	$23.7M	9.4%
INVESCO BALANCED RISK ALLOCATION INVESCO NATIONAL TRUST CO. · EIN 26-6399613 / PN 001	Common Collective Trust	—	—	$12.2M	4.8%
Loc 302 & 612 of IUOE - Emp Con Ind Ret	—	—	—	$2.4M	0.9%
APPLE INC	—	4,471.112	$256K	$1.1M	0.4%
Iron Wokers D.C. of Southern Ohio	—	—	—	$1.1M	0.4%
Operating Engineers Pension Trust	—	—	—	$1.0M	0.4%
NVIDIA CORP	—	7,255.731	$56K	$974K	0.4%
MICROSOFT CORP	—	2,199.164	$220K	$927K	0.4%
Seafarers Pension Plan	—	—	—	$769K	0.3%
AMAZON.COM INC	—	2,768.111	$188K	$607K	0.2%
Sprinkler Industry Supplmental Pen Fd	—	—	—	$540K	0.2%
Sprinkler Industry Supplmental Pen Fd	—	—	—	$525K	0.2%
Sprinkler Industry Supplmental Pens Fd	—	—	—	$448K	0.2%
Hotel Union & Hotel Industry of Hawaii	—	—	—	$445K	0.2%
Western Washington Laborers-Employers Pe	—	—	—	$412K	0.2%
META PLATFORMS INC	—	644.823	$91K	$378K	0.1%
Building Laborers Local 310 Pension Fund	—	—	—	$360K	0.1%
TESLA INC	—	826.069	$195K	$334K	0.1%
ALPHABET INC-CL A	—	1,728.301	$84K	$327K	0.1%
BROADCOM INC	—	1,381.51	$54K	$320K	0.1%
Stationary Engineers Local 39 Pension Fd	—	—	—	$313K	0.1%
MARTA/ATU Local No. 732 Employee	—	—	—	$313K	0.1%
Sprinkler Industry Supplmental Pens Fd	—	—	—	$311K	0.1%
ALPHABET INC-CL C	—	1,407.737	$67K	$268K	0.1%
Mason Tenders District Council Pension Fund	—	—	—	$260K	0.1%
BERKSHIRE HATH-B	—	542.168	$93K	$246K	<0.1%
Pension Plan for Employees of H.N.S. Man	—	—	—	$239K	<0.1%
Construction Industry Laborers Pen Fd	—	—	—	$217K	<0.1%
JPMORGAN CHASE & CO	—	832.75	$66K	$200K	<0.1%
California School Employees Association	—	—	—	$199K	<0.1%
Mo-Kan Teamsters Pension Fund	—	—	—	$197K	<0.1%
Pipe Trades District Council 36 Pension	—	—	—	$195K	<0.1%
National Roofing Industry Supp Pen Plan	—	—	—	$194K	<0.1%
ELI LILLY & CO	—	233.062	$29K	$180K	<0.1%
Employers and Operating Eng Loc 520	—	—	—	$172K	<0.1%
IUOE Local 132 Pension Fund	—	—	—	$171K	<0.1%
Boilermakers National Annuity Trust	—	—	—	$170K	<0.1%
District Coun 82 Painting Industry PF	—	—	—	$168K	<0.1%
SIS Pension Fund - Aggressive Growth	—	—	—	$166K	<0.1%
VISA INC-CLASS A SHARES	—	511.155	$59K	$162K	<0.1%
UFCW Loc 919 and Cont Empl Pen Fund	—	—	—	$150K	<0.1%
UAW Local 259 Pension Fund	—	—	—	$147K	<0.1%
EXXON MOBIL CORP	—	1,300.026	$103K	$140K	<0.1%
UNITEDHEALTH GROUP INC	—	272.211	$50K	$138K	<0.1%
Mason Tenders District Council Annuity Fund	—	—	—	$135K	<0.1%
American Federation of Gov't Empl	—	—	—	$134K	<0.1%
Oregon SMW Master Retirement Trust	—	—	—	$129K	<0.1%
MASTERCARD INC - A	—	242.457	$36K	$128K	<0.1%
COSTCO WHOLESALE CORP	—	131.058	$28K	$120K	<0.1%
PROCTER & GAMBLE CO/THE	—	696.599	$65K	$117K	<0.1%
WALMART INC	—	1,283.922	$41K	$116K	<0.1%
HOME DEPOT INC	—	293.806	$42K	$114K	<0.1%
NETFLIX INC	—	126.438	$26K	$113K	<0.1%
Intl Assoc of Machinists & Aerospace Wkr	—	—	—	$105K	<0.1%
Iron Workers DC of New England Annuity Fund	—	—	—	$104K	<0.1%
JOHNSON & JOHNSON	—	712.15	$80K	$103K	<0.1%
SALESFORCE INC	—	282.775	$36K	$95K	<0.1%
UFCW Unions and Employers Pension Plan	—	—	—	$94K	<0.1%
ABBVIE INC	—	522.703	$39K	$93K	<0.1%
Hotel & Restaurant Empl Local No. 25	—	—	—	$90K	<0.1%
Marble Industry Pension Trust Fund	—	—	—	$88K	<0.1%
Local 808 IBT Pension Fund	—	—	—	$88K	<0.1%
BANK OF AMERICA CORP	—	1,974.519	$39K	$87K	<0.1%
Arizona Sheet Metal Pension Trust Fund	—	—	—	$80K	<0.1%
Teamsters Union Local 293 Pension Fund	—	—	—	$80K	<0.1%
ORACLE CORP	—	475.398	$24K	$79K	<0.1%
BAC Local No 4 Pension Fund	—	—	—	$79K	<0.1%
Local 805 IBT Pension & Retirement Fd	—	—	—	$75K	<0.1%
MERCK & CO. INC.	—	748.242	$46K	$74K	<0.1%
CHEVRON CORP	—	494.353	$59K	$72K	<0.1%
COCA-COLA CO/THE	—	1,146.784	$51K	$71K	<0.1%
Plumbers and Steam Loc 248 Pen PI - CLS	—	—	—	$70K	<0.1%
CISCO SYSTEMS INC	—	1,179.024	$38K	$70K	<0.1%
Local 553 Pension Fund	—	—	—	$69K	<0.1%
WELLS FARGO & CO	—	984.83	$41K	$69K	<0.1%
Northern Illinois Annuity Fund	—	—	—	$69K	<0.1%
Marble Industry Annuity Trust Fund	—	—	—	$68K	<0.1%
Ironworkers Dist Council of New England	—	—	—	$67K	<0.1%
ISHARES CORE S&P 500 ETF	—	111.402	$67K	$66K	<0.1%
Plumbers & Steamfitters Local #42 Pen Pl	—	—	—	$65K	<0.1%
ACCENTURE PLC-CL A	—	184.827	$25K	$65K	<0.1%
Sheet Metal Workers Local 17 Annuity Fund	—	—	—	$65K	<0.1%
SERVICENOW INC	—	60.932	$20K	$65K	<0.1%
Local 817 Pension Fund	—	—	—	$64K	<0.1%
Plumbers and Pipefitters Local 152 Pen	—	—	—	$63K	<0.1%
Local 804 Annuity Fund	—	—	—	$63K	<0.1%
PEPSICO INC	—	405.822	$43K	$62K	<0.1%
MCDONALD'S CORP	—	211.969	$29K	$61K	<0.1%
IBM	—	273.5	$42K	$60K	<0.1%
WALT DISNEY CO/THE	—	535.657	$52K	$60K	<0.1%
Asbestos Workers Local No. 24 Pension Pl	—	—	—	$59K	<0.1%
LINDE PLC	—	140.842	$27K	$59K	<0.1%
THERMO FISHER	—	113.139	$24K	$59K	<0.1%
ABBOTT LABORATORIES	—	513.035	$30K	$58K	<0.1%
ADVANCED MICRO DEVICES	—	480.01	$17K	$58K	<0.1%
ADOBE INC	—	130.207	$23K	$58K	<0.1%
PHILIP MORRIS IN	—	459.904	$40K	$55K	<0.1%
INTUITIVE SURGICAL INC	—	105.355	$13K	$55K	<0.1%
Jacksonville Plumbers and Pipefitters	—	—	—	$55K	<0.1%
Seafarers Money Purchase Pen Plan Trust	—	—	—	$54K	<0.1%
Iron Workers Local No. 5 & IW Employers	—	—	—	$54K	<0.1%
Seafarers Officers and Employees Pen Pl	—	—	—	$53K	<0.1%
GE AEROSPACE	—	320.133	$32K	$53K	<0.1%
GOLDMAN SACHS GROUP INC	—	92.852	$19K	$53K	<0.1%
INTUIT INC	—	82.906	$17K	$52K	<0.1%
CATERPILLAR INC	—	142.807	$17K	$52K	<0.1%
Pressmen's Publishers Pen Fund	—	—	—	$52K	<0.1%
TEXAS INSTRUMENTS INC	—	269.824	$21K	$51K	<0.1%
Sheet Metal Workers Loc 4 Pension Plan	—	—	—	$51K	<0.1%
QUALCOMM INC	—	328.623	$25K	$50K	<0.1%
VERIZON COMMUNIC	—	1,245.166	$61K	$50K	<0.1%
AMERICAN EXPRESS CO	—	164.611	$15K	$49K	<0.1%
BOOKING HOLDINGS INC	—	9.789	$14K	$49K	<0.1%
AT&T INC	—	2,122.38	$53K	$48K	<0.1%
Local 17 Pension Fund	—	—	—	$48K	<0.1%
Union Mutual Fund	—	—	—	$48K	<0.1%
H.N.S. Management Co. Retirement Plan	—	—	—	$47K	<0.1%
S&P GLOBAL INC	—	93.914	$17K	$47K	<0.1%
MORGAN STANLEY	—	366.926	$15K	$46K	<0.1%
PALANTIR TECHN-A	—	606.316	$23K	$46K	<0.1%
USW Local 286 Pension Fund	—	—	—	$46K	<0.1%
RTX CORPORATION	—	393.7	$24K	$46K	<0.1%
Mechanical Contractors UA Local 119 Pens	—	—	—	$45K	<0.1%
U.S. Bank, as Co-Trustee for U.A. Local	—	—	—	$45K	<0.1%
PFIZER INC	—	1,676.241	$51K	$44K	<0.1%
BLACKROCK INC	—	43.063	$20K	$44K	<0.1%
DANAHER CORP	—	190.141	$19K	$44K	<0.1%
NEXTERA ENERGY INC	—	608.264	$24K	$44K	<0.1%
HONEYWELL INTL	—	192.336	$22K	$43K	<0.1%
COMCAST CORP-CLASS A	—	1,129.06	$35K	$42K	<0.1%
Teamster Local 11 Pension Fund	—	—	—	$42K	<0.1%
PROGRESSIVE CORP	—	173.277	$9K	$42K	<0.1%
AMGEN INC	—	158.996	$25K	$41K	<0.1%
LOWE'S COS INC	—	167.799	$14K	$41K	<0.1%
Upper Peninsula Plumbers and Pipefitters	—	—	—	$41K	<0.1%
UNION PACIFIC CORP	—	179.326	$21K	$41K	<0.1%
TJX COMPANIES INC	—	333.615	$13K	$40K	<0.1%
Laborers Pension Fund	—	—	—	$40K	<0.1%
APPLIED MATERIALS INC	—	243.851	$10K	$40K	<0.1%
CITIGROUP INC	—	559.418	$28K	$39K	<0.1%
BOEING CO/THE	—	221.125	$36K	$39K	<0.1%
UA of Plumbers & Steamfitters Loc 521	—	—	—	$39K	<0.1%
BOSTON SCIENTIFIC CORP	—	435.943	$11K	$39K	<0.1%
EATON CORP PLC	—	116.896	$10K	$39K	<0.1%
CONOCOPHILLIPS	—	382.622	$25K	$38K	<0.1%
UBER TECHNOLOGIES INC	—	622.849	$39K	$38K	<0.1%
BLACKSTONE INC	—	213.562	$24K	$37K	<0.1%
MSSA-ILA Pension Plan	—	—	—	$37K	<0.1%
STRYKER CORP	—	101.484	$14K	$37K	<0.1%
AUTOMATIC DATA PROCESSING	—	120.522	$13K	$35K	<0.1%
PALO ALTO NETWORKS INC	—	193.595	$24K	$35K	<0.1%
FISERV INC	—	168.28	$13K	$35K	<0.1%
Cumberland, Maryland & Vicinity Building	—	—	—	$34K	<0.1%
GILEAD SCIENCES INC	—	368.633	$25K	$34K	<0.1%
BRISTOL-MYERS SQUIBB CO	—	599.914	$32K	$34K	<0.1%
ARISTA NETWORKS INC	—	305.553	$7K	$34K	<0.1%
Pension Trust, Twin City Pipe Trades	—	—	—	$34K	<0.1%
SCHWAB (CHARLES) CORP	—	442.181	$16K	$33K	<0.1%
Local 475 IUE Pension Plan	—	—	—	$32K	<0.1%
DEERE & CO	—	75.262	$10K	$32K	<0.1%
T-MOBILE US INC	—	144.17	$15K	$32K	<0.1%
ANALOG DEVICES INC	—	146.858	$13K	$31K	<0.1%
MARSH & MCLENNAN COS	—	145.27	$11K	$31K	<0.1%
VERTEX PHARM	—	76.175	$12K	$31K	<0.1%
CHUBB LTD	—	110.887	$14K	$31K	<0.1%
STARBUCKS CORP	—	335.278	$18K	$31K	<0.1%
LOCKHEED MARTIN CORP	—	62.399	$15K	$30K	<0.1%
MEDTRONIC PLC	—	379.341	$31K	$30K	<0.1%
KKR & CO INC	—	199.674	$22K	$30K	<0.1%
PROLOGIS INC	—	273.953	$19K	$29K	<0.1%
WWEC Teamsters Local 863 Pension	—	—	—	$28K	<0.1%
The Board of Education of Essex County	—	—	—	$28K	<0.1%
MICRON TECHNOLOGY INC	—	327.954	$11K	$28K	<0.1%
LAM RESEARCH CORP	—	380.588	$7K	$27K	<0.1%
UNITED PARCEL-B	—	216.332	$23K	$27K	<0.1%
EQUINIX INC	—	28.54	$13K	$27K	<0.1%
GE VERNOVA INC	—	81.536	$8K	$27K	<0.1%
SOUTHERN CO/THE	—	324.093	$17K	$27K	<0.1%
NIKE INC -CL B	—	352.166	$21K	$27K	<0.1%
ALTRIA GROUP INC	—	501.309	$23K	$26K	<0.1%
INTEL CORP	—	1,275.742	$46K	$26K	<0.1%
AMERICAN TOWER CORP	—	138.219	$20K	$25K	<0.1%
PAYPAL HOLDINGS INC	—	296.542	$20K	$25K	<0.1%
INTERCONTINENTAL	—	169.835	$11K	$25K	<0.1%
ELEVANCE HEALTH INC	—	68.6	$13K	$25K	<0.1%
KLA CORP	—	39.564	$5K	$25K	<0.1%
AMPHENOL CORP-CL A	—	356.608	$7K	$25K	<0.1%
CME GROUP INC	—	106.59	$13K	$25K	<0.1%
DUKE ENERGY CORP	—	228.492	$18K	$25K	<0.1%
TRANE TECHNOLOGIES PLC	—	66.559	$5K	$25K	<0.1%
CADENCE DESIGN SYS INC	—	81.124	$5K	$24K	<0.1%
CHIPOTLE MEXICAN	—	403.041	$6K	$24K	<0.1%
UA Local 125 Retirement Savings Plan	—	—	—	$24K	<0.1%
PARKER HANNIFIN CORP	—	38.073	$6K	$24K	<0.1%
MONDELEZ INTER-A	—	395.528	$16K	$24K	<0.1%

Showing top 200 of 601 investments by value.