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Original filing (PDF)20250825091110NAL0007437601001
WESTMINSTER MANAGEMENT, LLC
Form 5500
FILING_RECEIVED
WESTMINSTER MANAGEMENT RETIREMENT INCENTIVE & SAVINGS PLAN
401(k) retirement plan
Active participants
574
Accounts w/ balance
749
Plan assets (EOY)
$23.5M
Net assets (EOY)
$23.5M
How this plan invests
This plan
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 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
65
Vendor stack
100
Participation health
100
Knocking points off
- 60 bps in Schedule C fees — 109% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WESTMINSTER MANAGEMENT, LLC.
Plan sponsor
Name
WESTMINSTER MANAGEMENT, LLC
EIN
22-3279633
Address
767 FIFTH AVENUE FL 50 · NEW YORK, NY · 10153
Phone
(914) 334-8666
Industry
Real Estatesee 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
2025-08-25
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
COHN REZNICK LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $82K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | — | PENNINGTON, NJ | INVESTMENT ADVISOR | $50K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $11K | — |
Investments
29 direct securities· $23.5M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds 2045 Trgt Date Retire R6 | — | — | — | $2.7M | 11.4% | |
| American Funds 2035 Trgt Date Retire R6 | — | — | — | $2.5M | 10.4% | |
| iShares S&P 500 Index I | — | — | — | $1.9M | 7.9% | |
| JPMorgan Large Cap Growth R6 | — | — | — | $1.7M | 7.4% | |
| American Funds 2060 Trgt Date Retire R6 | — | — | — | $1.7M | 7.3% | |
| American Funds 2055 Trgt Date Retire R6 | — | — | — | $1.6M | 6.8% | |
| American Funds 2040 Trgt Date Retire R6 | — | — | — | $1.3M | 5.7% | |
| American Funds 2050 Trgt Date Retire R6 | — | — | — | $1.3M | 5.6% | |
| American Funds 2030 Trgt Date Retire R6 | — | — | — | $1.3M | 5.5% | |
| American Funds 2025 Trgt Date Retire R6 | — | — | — | $1.1M | 4.7% | |
| Key Guaranteed Portfolio Fund | — | — | — | $834K | 3.5% | |
| American Funds EuroPacific Gr R6 | — | — | — | $769K | 3.3% | |
| Participant loans | — | — | — | $685K | 2.9% | |
| iShares MSCI Total International Index K | — | — | — | $500K | 2.1% | |
| PGIM Jennison Small Company R6 | — | — | — | $463K | 2.0% | |
| American Funds 2020 Trgt Date Retire R6 | — | — | — | $461K | 2.0% | |
| iShares Russell Mid-Cap Index K | — | — | — | $440K | 1.9% | |
| iShares Russell 2000 Small-Cap Index K | — | — | — | $392K | 1.7% | |
| Columbia Dividend Income Instl 3 | — | — | — | $297K | 1.3% | |
| MFS Mid Cap Value R6 | — | — | — | $275K | 1.2% | |
| American Funds Bond Fund of Amer R6 | — | — | — | $265K | 1.1% | |
| Calvert US Large Cap Core Rspnb Idx I | — | — | — | $253K | 1.1% | |
| American Funds 2065 Trgt Date Retire R6 | — | — | — | $250K | 1.1% | |
| iShares U.S. Aggregate Bond Index K | — | — | — | $240K | 1.0% | |
| Federated Hermes MDT Mid Cp Growth R6 | — | — | — | $86K | 0.4% | |
| Wells Fargo Spe Sm Cp Val R6 | — | — | — | $80K | 0.3% | |
| JPMorgan Government Bond R6 | — | — | — | $46K | 0.2% | |
| Franklin Mutual International Value R6 | — | — | — | $41K | 0.2% | |
| American Funds 2010 Trgt Date Retire R6 | — | — | — | $17K | <0.1% |