Original filing (PDF)20251126074507NAL0004494385001

TRUSTEES OF LOCAL NO. 41 PENSION PLAN

Name: TRUSTEES OF LOCAL NO. 41 PENSION PLAN — LOCAL NO. 41 IBEW PENSION PLAN, Form 5500 (2024)
Creator: TRUSTEES OF LOCAL NO. 41 PENSION PLAN

Form 5500

FILING_RECEIVED

LOCAL NO. 41 IBEW PENSION PLAN

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed13 service providers

Active participants

675

Accounts w/ balance

—

Plan assets (EOY)

$285.0M

Net assets (EOY)

$284.1M

How this plan invests

This plan

4 pooled trusts

Schedule D

172 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

56 bps in Schedule C fees — 463% 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 TRUSTEES OF LOCAL NO. 41 PENSION PLAN.

Plan sponsor

Name

TRUSTEES OF LOCAL NO. 41 PENSION PLAN

EIN

16-0851799

Address

3546 CALIFORNIA ROAD · ORCHARD PARK, NY · 141271746

Phone

(716) 662-6122

Industry

Electrical Contractors· Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-05-01

Tax period

2025-04-30

Filed

2025-11-26

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

ARCARA LENDA EUSANIO & STACEY CPA'S

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

13 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
MANNING & NAPIER	45-3240790	—	NONE	$953K	—
LOCAL NO. 41 IBEW HEALTH FUND	16-0841426	—	AFFILIATED BENEFIT FUND	$138K	—
ULLICO INVESTMENT ADVISORS	52-6435649	—	NONE	$109K	—
SEGAL MARCO ADVISORS	13-2646110	—	NONE	$76K	—
NATIONAL REAL ESTATE ADVISORS, LLC	26-2237421	—	NONE	$72K	—
WILMINGTON TRUST, NA	16-1486454	—	NONE	$70K	—
O'SULLIVAN & ASSOCIATES	20-8199367	—	NONE	$51K	—
ARCARA, LENDA, EUSANIO & STACEY CPA	47-1793720	—	NONE	$37K	—
BLITMAN & KING LLP	16-1047304	—	NONE	$34K	—
ASB ALLEGIANCE REAL ESTATE FUND	52-2037618	—	NONE	$30K	—
M&T BANK CORPORATION	16-0968385	—	NONE	$14K	—
JBM COMPUTER CONSULTANTS	16-1173118	—	NONE	$12K	—
NETRIO	26-0022778	—	NONE	$7K	—

Investments

167 direct securities · 4 pooled funds· $287.6M(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.

Uncategorized

$254.2M

166 holdings

Common Collective Trust

$15.2M

2 holdings

103-12 Investment Entity

$7.0M

1 holding

Pooled Separate Accounts

$5.6M

1 holding

Pooled Separate Account

$5.6M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
US Treasury Notes 11,875,000 4.625% Due 09/30/30	—	—	$12.1M	$12.4M	4.3%
IBEW-NECA EQUITY INDEX FUND CHEVY CHASE TRUST · EIN 31-1772714 / PN 003	Common Collective Trust	—	$1.8M	$12.2M	4.3%
Mututal Funds AFL-CIO Housing Investment Trust 12,357 Shares	—	—	$11.3M	$12.1M	4.2%
US Treasury Bonds 11,863,000 3.000% Due 05/15/47	—	—	$9.5M	$9.0M	3.2%
Cadence Design Systems Inc. 28,041 Shares	—	—	$7.5M	$8.3M	2.9%
Microsoft Corp. 20,611 Shares	—	—	$7.0M	$8.1M	2.9%
ULLICO INFRASTRUCTURE TAX EXEMPT FU ULLICO INVESTMENT ADVISORS INC. · EIN 90-0622302 / PN 001	103-12 Investment Entity	—	$4.4M	$7.0M	2.5%
Mastercard Inc. 11,829 Shares	—	—	$2.0M	$6.5M	2.3%
Astrazeneca Group Plc 90,185 Shares	—	—	$6.4M	$6.5M	2.3%
Limited Liability Company INDURE Build-to-Core Fund, LLC 2,683 Units	—	—	$6.6M	$6.4M	2.2%
Corporate Stock Alphabet Inc. 37,985 Shares	—	—	$3.4M	$6.0M	2.1%
Union Labor Life Insurance Contract 292,565 Units	Pooled Separate Accounts	—	$5.6M	$5.6M	2.0%
SEPARATE J ACCOUNT THE UNION LABOR LIFE INSURANCE CO · EIN 13-1423090 / PN 203	Pooled Separate Account	—	—	$5.6M	2.0%
Amazon.Com Inc. 30,159 Shares	—	—	$3.7M	$5.6M	2.0%
Coca Cola Co. 76,101 Shares	—	—	$4.2M	$5.5M	1.9%
L3 Harris Technologies Inc. 23,576 Shares	—	—	$4.9M	$5.2M	1.8%
Meta Platforms Inc. 9,004 Shares	—	—	$3.2M	$4.9M	1.7%
US Treasury Notes 4,579,000 4.375% Due 05/15/34	—	—	$4.6M	$4.7M	1.6%
Visa Inc. 12,606 Shares	—	—	$1.4M	$4.4M	1.5%
Wilmington US Govt Money Market 4,318,715 Units	—	—	$4.3M	$4.3M	1.5%
Thermo Fisher Scientific Inc. 10,029 Shares	—	—	$5.2M	$4.3M	1.5%
HDFC Bank Limited - Adr 58,114 Shares	—	—	$3.2M	$4.2M	1.5%
Face Value/ No. of Shares Investments at Fair Value Cash, Interest Bearing 4,017,827 Units	—	—	$4.0M	$4.0M	1.4%
Johnson & Johnson 25,142 Shares	—	—	$2.9M	$3.9M	1.4%
Servicenow Inc. 4,071 Shares	—	—	$3.0M	$3.9M	1.4%
Ferrari NV 7,943 Shares	—	—	$3.3M	$3.7M	1.3%
Taiwan Semiconductor Spon Adr 21,667 Shares	—	—	$2.5M	$3.6M	1.3%
Workday Inc. 14,481 Shares	—	—	$3.4M	$3.5M	1.2%
Nvidia Corporation Com 32,436 Shares	—	—	$3.7M	$3.5M	1.2%
Vertex Pharmaceuticals Inc. 6,798 Shares	—	—	$2.2M	$3.5M	1.2%
Chipotle Mexican Grill 68,175 Shares	—	—	$3.4M	$3.4M	1.2%
Copart Inc. 55,745 Shares	—	—	$1.5M	$3.4M	1.2%
Transunion 40,350 Shares	—	—	$3.6M	$3.3M	1.2%
CBRE Group Inc. 27,034 Shares	—	—	$3.5M	$3.3M	1.2%
US Treasury Notes 3,462,000 1.625% Due 05/15/31	—	—	$3.0M	$3.0M	1.1%
ASB ALLEGIANCE REAL ESTATE FUND ASB ALLEGIANCE REAL ESTATE FUND · EIN 52-6257033 / PN 006	Common Collective Trust	—	$2.7M	$3.0M	1.0%
Pool #FS3254 3,271,979 3.000% Due 12/01/51	—	—	$2.7M	$2.9M	1.0%
Globant 23,219 Shares	—	—	$3.6M	$2.7M	1.0%
Heico Corporation - CL A 12,760 Shares	—	—	$2.6M	$2.6M	0.9%
Moodys Corp 5,528 Shares	—	—	$1.4M	$2.5M	0.9%
Pool #SD8276 2,499,972 5.000% Due 12/01/52	—	—	$2.5M	$2.5M	0.9%
Pool #SD3235 2,345,791 6.000% Due 06/01/53	—	—	$2.3M	$2.4M	0.8%
Pool #SD1684 2,421,894 5.500% Due 09/01/52	—	—	$2.3M	$2.3M	0.8%
Fiserv Inc. 12,455 Shares	—	—	$1.9M	$2.3M	0.8%
West Fraser Timber Company Ltd 27,177 Shares	—	—	$2.2M	$2.0M	0.7%
Amphenol Corporation 26,089 Shares	—	—	$1.7M	$2.0M	0.7%
Sociedad Quimica Minera Spons Adr 57,256 Shares	—	—	$2.2M	$2.0M	0.7%
Rollins Incorporated 33,848 Shares	—	—	$1.8M	$1.9M	0.7%
NASDAQ Inc. 24,323 Shares	—	—	$1.8M	$1.9M	0.7%
Atlassian Corporation 8,017 Shares	—	—	$1.7M	$1.8M	0.6%
Intercontinental Exchange Inc. 10,861 Shares	—	—	$1.1M	$1.8M	0.6%
Mercadolibre Inc. 781 Shares	—	—	$1.1M	$1.8M	0.6%
Extra Space Storage Inc. 11,926 Shares	—	—	$2.0M	$1.7M	0.6%
Face Value/ Corporate Stock (Continued) No. of Shares Sherwin Williams Co Com 4,905 Shares	—	—	$1.6M	$1.7M	0.6%
Canadian National Railway Company 17,806 Shares	—	—	$2.2M	$1.7M	0.6%
S&P Global Inc. 3,393 Shares	—	—	$1.0M	$1.7M	0.6%
Danaher Corp. Com 8,271 Shares	—	—	$1.7M	$1.6M	0.6%
Intuitive Surgical Inc. 3,132 Shares	—	—	$678K	$1.6M	0.6%
Norfolk Southern Corp. 7,174 Shares	—	—	$1.8M	$1.6M	0.6%
Virginia Power 1,557,000 4.877% Due 05/01/33	—	—	$1.6M	$1.6M	0.6%
Ford Credit 1,605,000 1.320% Due 09/15/27	—	—	$1.6M	$1.6M	0.6%
CSX Corporation 56,274 Shares	—	—	$1.8M	$1.6M	0.6%
BGC Partners Inc. 1,540,000 4.375% Due 12/15/25	—	—	$1.5M	$1.5M	0.5%
BlackRock Inc. 1,662 Shares	—	—	$1.4M	$1.5M	0.5%
BMW Vehicle 1,520,000 4.180% Due 10/25/27	—	—	$1.5M	$1.5M	0.5%
Union Pacific Corp. 6,997 Shares	—	—	$1.5M	$1.5M	0.5%
GM Financial 1,495,000 4.400% Due 08/16/29	—	—	$1.5M	$1.5M	0.5%
Pool #MA4644 1,606,200 4.000% Due 05/01/52	—	—	$1.6M	$1.5M	0.5%
Verizon Master Abs 1,490,000 5.000% Due 12/20/28	—	—	$1.5M	$1.5M	0.5%
Synopsys Inc Com 3,119 Shares	—	—	$1.7M	$1.4M	0.5%
Masco Corp 22,930 Shares	—	—	$1.2M	$1.4M	0.5%
Bank5 Cmo 1,134,000 5.302% Due 10/15/57	—	—	$1.2M	$1.2M	0.4%
Pool #FS1807 1,257,127 3.500% Due 07/01/51	—	—	$1.2M	$1.1M	0.4%
Navient Abs V-M 860,303 5.068% Due 05/27/49	—	—	$837K	$843K	0.3%
Pool #MA4203 934,461 2.500% Due 12/01/40	—	—	$980K	$827K	0.3%
Face Value/ Corporate and Foreign Bonds (Continued) No. of Shares JPMorgan Chase 730,000 4.493% Due 03/24/31	—	—	$731K	$725K	0.3%
Simon Property Group 779,000 2.650% Due 02/01/32	—	—	$770K	$678K	0.2%
Capital One Financial 582,000 7.624% Due 10/30/31	—	—	$642K	$648K	0.2%
Citigroup Inc. 647,000 1.462% Due 06/09/27	—	—	$581K	$625K	0.2%
Crown Castle International 671,000 3.100% Due 11/15/29	—	—	$677K	$624K	0.2%
Qualcomm Inc. 580,000 4.250% Due 05/20/32	—	—	$583K	$567K	0.2%
Pepsico Inc. 561,000 3.900% Due 07/18/32	—	—	$562K	$539K	0.2%
Truist Financial Mtn. 578,000 1.887% Due 06/07/29	—	—	$502K	$533K	0.2%
Navient Stdt Abs 528,536 4.978% Due 06/25/31	—	—	$519K	$518K	0.2%
US Bancorp 512,000 4.653% Due 02/01/29	—	—	$495K	$514K	0.2%
Wells Fargo Mtn. 501,000 5.707% Due 04/22/28	—	—	$501K	$512K	0.2%
Dominion Energy Inc. 505,000 5.000% Due 06/15/30	—	—	$506K	$510K	0.2%
Public SVC Enterprise 505,000 4.900% Due 03/15/30	—	—	$505K	$510K	0.2%
Cenovus Energy Inc. 483,000 6.750% Due 11/15/39	—	—	$507K	$508K	0.2%
PNC Financial 497,000 5.812% Due 06/12/26	—	—	$498K	$497K	0.2%
R Horton Inc. 485,000 4.850% Due 10/15/30	—	—	$485K	$487K	0.2%
Intercontinental Exchange 462,000 5.250% Due 06/15/31	—	—	$463K	$479K	0.2%
Bank of America Corp 509,000 2.687% Due 04/22/32	—	—	$492K	$450K	0.2%
Kinder Morgan Unc. 460,000 4.800% Due 02/01/33	—	—	$436K	$442K	0.2%
Slm Student Abs 440,239 4.775% Due 03/25/44	—	—	$415K	$420K	0.1%
Central Utah 445,000 1.105% Due 10/01/27	—	—	$445K	$417K	0.1%
Siruspoint Ltd. 375,000 7.000% Due 04/05/29	—	—	$374K	$389K	0.1%
Energy Transfer Part 373,000 6.500% Due 02/01/42	—	—	$416K	$370K	0.1%
Hawaii St 470,000 2.632% Due 10/01/37	—	—	$490K	$368K	0.1%
Huntington Banks 395,000 2.550% Due 02/04/30	—	—	$336K	$356K	0.1%
KeyCorp 368,000 2.250% Due 04/06/27	—	—	$330K	$352K	0.1%
Pool #QA5131 375,968 4.500% Due 12/01/49	—	—	$400K	$343K	0.1%
Citizens Financial 335,000 5.841% Due 01/23/30	—	—	$329K	$343K	0.1%
Air Lease Corp 347,000 3.625% Due 04/01/27	—	—	$357K	$340K	0.1%
Fifth Third Bank 325,000 Various Due 10/27/28	—	—	$329K	$338K	0.1%
US Treasury Bonds 375,000 3.000% Due 05/15/47	—	—	$285K	$284K	<0.1%
Corporate and Foreign Bonds Santander Holdings 250,000 4.500% Due 07/17/25	—	—	$262K	$250K	<0.1%
US Treasury Notes 240,000 2.875% Due 05/15/32	—	—	$223K	$224K	<0.1%
US Treasury Bonds 302,000 2.375% Due 02/15/42	—	—	$232K	$221K	<0.1%
US Treasury Bonds 309,000 2.500% Due 02/15/45	—	—	$267K	$220K	<0.1%
Pool #AB8464 244,159 2.500% Due 02/01/43	—	—	$234K	$213K	<0.1%
Pool #C0904 226,450 3.500% Due 07/01/43	—	—	$234K	$212K	<0.1%
Aercap Ireland Cap 220,000 3.000% Due 10/29/28	—	—	$221K	$208K	<0.1%
Pool #RA7587 225,030 3.500% Due 06/01/52	—	—	$200K	$205K	<0.1%
US Treasury Notes 224,000 1.625% Due 05/15/31	—	—	$193K	$197K	<0.1%
US Treasury Bonds 224,000 3.625% Due 02/15/53	—	—	$191K	$185K	<0.1%
Pool #SD8230 175,187 4.500% Due 06/01/52	—	—	$166K	$168K	<0.1%
US Treasury Notes 171,000 2.375% Due 05/15/29	—	—	$159K	$163K	<0.1%
Pool #MA4807 150,554 5.500% Due 11/01/52	—	—	$148K	$151K	<0.1%
Pool #SC0573 153,632 4.500% Due 10/01/44	—	—	$147K	$149K	<0.1%
Pool #SD8258 151,152 5.000% Due 10/01/52	—	—	$148K	$148K	<0.1%
US Treasury Notes 167,000 1.875% Due 02/15/32	—	—	$146K	$147K	<0.1%
Ford Credit 145,000 1.060% Due 09/15/27	—	—	$145K	$143K	<0.1%
Slm Student Abs 138,641 5.118% Due 12/26/25	—	—	$138K	$137K	<0.1%
Pool #MA3239 144,451 4.000% Due 01/01/48	—	—	$152K	$136K	<0.1%
US Treasury Notes 154,000 0.625% Due 05/15/30	—	—	$126K	$132K	<0.1%
US Treasury Notes 136,000 2.250% Due 11/15/27	—	—	$129K	$132K	<0.1%
US Treasury Bonds 140,000 3.500% Due 02/15/39	—	—	$130K	$127K	<0.1%
US Treasury Bonds 210,000 2.000% Due 02/15/50	—	—	$139K	$125K	<0.1%
Pool #MA4020 122,379 3.000% Due 05/01/50	—	—	$109K	$107K	<0.1%
Pool #FS4928 118,245 3.500% Due 06/01/50	—	—	$106K	$107K	<0.1%
Carmax Auto Own Abs 100,000 5.700% Due 07/17/28	—	—	$101K	$102K	<0.1%
Pool #BC7093 93,316 3.500% Due 04/01/46	—	—	$98K	$86K	<0.1%
Pool #A9350 86,280 4.500% Due 08/01/40	—	—	$91K	$86K	<0.1%
Pool #A7893 84,144 5.000% Due 12/01/37	—	—	$93K	$85K	<0.1%
US Treasury Notes 87,000 2.000% Due 11/15/26	—	—	$84K	$85K	<0.1%
Pool #SD8267 84,732 5.000% Due 11/01/52	—	—	$84K	$83K	<0.1%
World Omni Auto Abs 80,000 5.250% Due 09/17/29	—	—	$81K	$81K	<0.1%
US Treasury Notes 66,000 1.625% Due 05/15/26	—	—	$63K	$64K	<0.1%
Pool #QG6308 59,774 6.000% Due 07/01/53	—	—	$59K	$61K	<0.1%
Pool #AB3419 61,056 4.500% Due 08/01/41	—	—	$65K	$60K	<0.1%
Pool #C9120 59,478 5.500% Due 08/01/28	—	—	$65K	$60K	<0.1%
FNMA Series M4 53,267 3.057% Due 03/25/28	—	—	$59K	$52K	<0.1%
Money Market Funds * Wilmington Money Market Cl Inst 49,740 Units	—	—	$50K	$50K	<0.1%
Slm Student Abs 39,420 5.568% Due 08/27/40	—	—	$40K	$39K	<0.1%
Pool #G060 33,745 5.500% Due 12/01/39	—	—	$37K	$34K	<0.1%
State and Municipal Obligations Massachusetts St 35,000 0.986% Due 11/01/26	—	—	$35K	$34K	<0.1%
US Treasury Bonds 36,000 3.875% Due 08/15/40	—	—	$48K	$33K	<0.1%
Carmax Auto 32,485 4.969% Due 03/15/27	—	—	$32K	$32K	<0.1%
Massachusetts St 35,000 1.370% Due 11/01/28	—	—	$35K	$32K	<0.1%
Federal National Mortgage Association Pool #AO0800 30,451 3.000% Due 04/01/27	—	—	$32K	$30K	<0.1%
Pool #G0734 26,641 5.500% Due 03/01/40	—	—	$29K	$27K	<0.1%
Wells Fargo Cmo 25,000 5.920% Due 11/15/57	—	—	$26K	$26K	<0.1%
Pool #BC9081 22,756 3.000% Due 12/01/46	—	—	$22K	$20K	<0.1%
Pool #BM5673 20,665 3.500% Due 11/01/48	—	—	$21K	$19K	<0.1%
Pool #G0866 17,417 4.000% Due 09/01/45	—	—	$19K	$17K	<0.1%
Pool #AZ5699 16,613 3.500% Due 08/01/45	—	—	$17K	$15K	<0.1%
Pool #995196 14,561 6.000% Due 07/01/38	—	—	$16K	$15K	<0.1%
Pool #CA0862 14,461 3.500% Due 09/01/47	—	—	$15K	$13K	<0.1%
Pool #G0207 12,720 5.500% Due 03/01/36	—	—	$14K	$13K	<0.1%
Pool #AC8924 9,916 5.000% Due 01/01/40	—	—	$10K	$10K	<0.1%
Pool #745147 8,941 4.500% Due 12/01/35	—	—	$8K	$9K	<0.1%
Pool #932853 8,335 4.500% Due 12/01/40	—	—	$9K	$8K	<0.1%
Pool #569684 7,491 6.000% Due 02/15/32	—	—	$7K	$8K	<0.1%
Pool #BM1285 5,963 4.500% Due 05/01/47	—	—	$6K	$6K	<0.1%
Pool #MA3412 5,262 3.500% Due 07/01/38	—	—	$5K	$5K	<0.1%
Pool #Q5177 5,008 4.000% Due 10/01/47	—	—	$5K	$5K	<0.1%
United States Government and Agency Obligations Federal Home Loan Mortgage Corporation Pool #C9118 3,487 5.500% Due 06/01/28	—	—	$4K	$4K	<0.1%
Pool #MA3358 2,840 4.500% Due 05/01/48	—	—	$3K	$3K	<0.1%
Pool #899393 1,069 6.000% Due 04/01/37	—	—	$1K	$1K	<0.1%
Pool #865283 948 5.500% Due 02/01/36	—	—	—	$1K	<0.1%