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Original filing (PDF)20251111151954NAL0005224721001
JOINT BOARD OF TRUSTEES HEAT AND FROST INSULATORS AND ALLIED WORKER
Form 5500
FILING_RECEIVED
HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL NO. 4 ANNUITY SAVINGS FUND
Defined-contribution retirement plan
Signals · 2
28% in single holding~83 bps in Sched C fees
Active participants
81
Accounts w/ balance
168
Plan assets (EOY)
$12.2M
Net assets (EOY)
$12.2M
How this plan invests
This plan
15 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 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
100
Participation health
100
Knocking points off
- Top holding "American Funds 2030 Target Date - Class R6 173,979 Shares" is 28% of plan.
- 83 bps in Schedule C fees — 185% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for JOINT BOARD OF TRUSTEES HEAT AND FROST INSULATORS AND ALLIED WORKER.
Plan sponsor
Name
JOINT BOARD OF TRUSTEES HEAT AND FROST INSULATORS AND ALLIED WORKER
EIN
16-1068939
Address
2484 SENECA STREET · BUFFALO, NY · 14210
Phone
(716) 821-7919
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-11-11
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
ARCARA LENDA EUSANIO & STACEY CPAS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsAccountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ARCARA LENDA EUSANIO & STACEY CPAS | 47-1793720 | — | AUDITOR | $18K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BLITMAN & KING LLP | 16-1047304 | — | LEGAL | $20K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOHN FADELEY | 16-0336135 | — | EMPLOYEE | $34K | — |
| LINCOLN NATIONAL CORPORATION | 35-1140070 | — | SERVICE PROVIDER | $18K | — |
| ANDCO CONSULTING, LLC | 59-3676225 | — | CONSULTING | $11K | — |
Investments
15 direct securities· $10.9M(90% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds 2030 Target Date - Class R6 173,979 Shares | — | — | $174K | $3.0M | 24.7% | |
| American Funds 2040 Target Date - Class R6 92,558 Shares | — | — | $93K | $1.9M | 15.6% | |
| American Funds 2035 Target Date - Class R6 96,120 Shares | — | — | $96K | $1.8M | 15.0% | |
| American Funds 2045 Target Date - Class R6 63,750 Shares | — | — | $64K | $1.4M | 11.1% | |
| American Funds 2050 Target Date - Class R6 52,806 Shares | — | — | $53K | $1.1M | 9.1% | |
| Face Value/ No. of Shares Investments, at Fair Value Mutual Funds American Funds 2010 Target Date - Class R6 56,093 Shares | — | — | $56K | $652K | 5.3% | |
| American Funds 2025 Target Date - Class R6 23,419 Shares | — | — | $23K | $356K | 2.9% | |
| Vanguard LifeStrategy Conservative Growth Fd. 9,470 Shares | — | — | $9K | $194K | 1.6% | |
| American Funds 2020 Target Date - Class R6 12,023 Shares | — | — | $12K | $162K | 1.3% | |
| Vanguard LifeStrategy Growth Fund 2,668 Shares | — | — | $3K | $118K | 1.0% | |
| American Funds 2055 Target Date - Class R6 4,057 Shares | — | — | $4K | $107K | 0.9% | |
| American Funds 2060 Target Date - Class R6 5,510 Shares | — | — | $6K | $99K | 0.8% | |
| Vanguard LifeStrategy Moderate Growth Fd. 798 Shares | — | — | — | $25K | 0.2% | |
| Vanguard LifeStrategy Income Fund 1,003 Shares | — | — | $1K | $15K | 0.1% | |
| American Funds 2065 Target Date - Class R6 161 Shares | — | — | — | $3K | <0.1% |