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Original filing (PDF)20251013195158NAL0003999730001
ELECTRICIANS ANNUITY FUND IBEW LOCAL 456
Form 5500
FILING_RECEIVED
ELECTRICIANS ANNUITY PLAN - IBEW LOCAL 456
Defined-contribution retirement plan
Signals · 3
36% in single holdingNo recordkeeper disclosed18 service providers
Active participants
1,433
Accounts w/ balance
1,954
Plan assets (EOY)
$355.8M
Net assets (EOY)
$354.6M
How this plan invests
This plan
1 pooled trust
Schedule D
22 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 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
82
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Prudential Stable Value Fund" is 36% of plan.
- 27 bps in Schedule C fees — 168% 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 ELECTRICIANS ANNUITY FUND IBEW LOCAL 456.
Plan sponsor
Name
ELECTRICIANS ANNUITY FUND IBEW LOCAL 456
EIN
22-2180156
Address
C/O I.E. SHAFFER CO., P.O. BOX 1028 · 830 BEAR TAVERN RD. · WEST TRENTON, NJ · 086280230
Phone
(800) 792-3666
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Name
I.E. SHAFFER & CO.
EIN
22-1750854
City
WEST TRENTON, NJ
Phone
(800) 792-3666
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
2F · ERISA section 404(c)
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
MSPC CERTIFIED PUBLIC ACCOUNTANTS &
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
18 rowsOther
18| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| IBEW LOCAL 456 ANNUITY FUND | 22-2180156 | — | NONE | $519K | — |
| I.E. SHAFFER & CO. | 22-1750854 | WEST TRENTON, NJ | NONE | $249K | — |
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | NONE | $76K | — |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | 22-2951202 | CRANFORD, NJ | NONE | $40K | — |
| UBS FINANCIAL SERVICES | 13-2638166 | — | NONE | $25K | — |
| KROLL HEINEMAN | 76-0760981 | — | NONE | $17K | — |
| NEW BRUNSWICK ELECTRICIANS CLUB | — | NORTH BRUNSWICK, NJ | NONE | $16K | — |
| LINDABURY, MCCORMICK, ESTABROOK | 22-1943351 | WESTFIELD, NJ | NONE | $11K | — |
| PRUDENTIAL INVESTMENT MANAGEMENT SV | 37-1610226 | — | NONE | $0 | — |
| PRINCIPAL GLOBAL INVESTORS LLC | 20-4530738 | — | NONE | $0 | — |
| T. ROWE PRICE ASSOCIATES, INC. | 55-0556948 | — | NONE | $0 | — |
| WELLINGTON MANAGEMENT CO LLP | 30-0835489 | — | NONE | $0 | — |
| VANGUARD GROUP INC | 23-1945930 | — | NONE | $0 | — |
| CAPITAL RESEARCH & MANAGEMENT CO | 95-1411037 | — | NONE | $0 | — |
| COHEN & STEERS CAPITAL MANAGEMENT | 01-3335336 | — | NONE | $0 | — |
| COLUMBIA MGMT INVESTMENT ADVISORS | 04-3480839 | — | NONE | $0 | — |
| DELAWARE MANAGEMENT COMPANY | 13-3465352 | — | NONE | $0 | — |
| PACIFIC INVESTMENT MANAGEMENT CO | 33-0629048 | — | NONE | $0 | — |
Investments
21 direct securities · 1 pooled fund· $351.0M(99% 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
$223.4M
21 holdings
Common Collective Trust
$127.6M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PRUDENTIAL STABLE VALUE FUND PRUDENTIAL TRUST COMPANY · EIN 23-6994310 / PN 214 | Common Collective Trust | 4,537,247 | $115.7M | $127.6M | 35.8% | |
| American Fund Growth America R6 | — | 680,601 | $40.4M | $50.7M | 14.3% | |
| Vanguard Institutional Index Instl | — | 80,157 | $26.1M | $38.4M | 10.8% | |
| AMER Washington Mutual R5E | — | 439,954 | $23.5M | $27.0M | 7.6% | |
| T. Rowe Price Ret 2050 Fund | — | 1,397,099 | $23.1M | $26.5M | 7.4% | |
| T. Rowe Price Ret 2040 Fund | — | 856,524 | $23.7M | $26.2M | 7.4% | |
| T. Rowe Price Ret 2020 Fund | — | 563,444 | $11.6M | $10.5M | 2.9% | |
| American Funds American Balanced A | — | 286,980 | $8.4M | $9.9M | 2.8% | |
| T. Rowe Price Ret 2030 Fund | — | 378,036 | $9.6M | $9.7M | 2.7% | |
| T. Rowe Price Ret 2010 Fund | — | 489,993 | $8.0M | $7.4M | 2.1% | |
| Vanguard Growth Index Adm | — | 13,536 | $2.7M | $2.9M | 0.8% | |
| MFS International Diversification R4 | — | 122,525 | $2.7M | $2.8M | 0.8% | |
| Macquarie Small Cap Core Inst | — | 80,660 | $2.0M | $2.5M | 0.7% | |
| Columbia Mid Cap Index Instl 2 | — | 149,048 | $2.3M | $2.2M | 0.6% | |
| Cohen & Steers Real Inc I | — | 107,137 | $1.8M | $1.8M | 0.5% | |
| Vanguard Equity-Income Adm | — | 17,354 | $1.5M | $1.5M | 0.4% | |
| PGIM Total Return Bond Z | — | 119,393 | $1.6M | $1.4M | 0.4% | |
| Vanguard Short-Term Federal Inv | — | 88,484 | $948K | $900K | 0.3% | |
| Pimco Commodity Real Return Strategy I | — | 56,808 | $833K | $747K | 0.2% | |
| T. Rowe Price Ret Balanced Fund | — | 15,981 | $225K | $212K | <0.1% | |
| Notes Receivable from Participants | — | — | — | $101K | <0.1% | |
| Interest-Bearing Cash | — | — | $55K | $55K | <0.1% |