Back to filter
Original filing (PDF)20250919100201NAL0002355057001
IBEW LOCAL 351 SURETY FUND TRUSTEES
Form 5500
FILING_RECEIVED
IBEW LOCAL 351 SURETY PLAN
Defined-contribution retirement plan
Signals · 3
79% in single holdingNo recordkeeper disclosed7 service providers
Active participants
2,075
Accounts w/ balance
2,610
Plan assets (EOY)
$676.6M
Net assets (EOY)
$676.1M
How this plan invests
This plan
6 pooled trusts
Schedule D
4 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "[DFE: FIDELITY CONTRAFUND SA-55N (no filing on disk)]" is 79% of plan.
- 19 bps in Schedule C fees — 213% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for IBEW LOCAL 351 SURETY FUND TRUSTEES.
Plan sponsor
Name
IBEW LOCAL 351 SURETY FUND TRUSTEES
EIN
22-3431479
Address
PO BOX 1028 · 830 BEAR TAVERN ROAD · WEST TRENTON, NJ · 08628
Phone
(800) 792-3666
Industry
Electrical Contractors· 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
2025-09-19
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
Audit & trust (Schedule H)
Auditor
GERSON & ASSOC CPAS AND ADVISORS PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsOther
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| IBEW LOCAL 351 SURETY PLAN | 22-3431479 | WEST TRENTON, NJ | NONE | $767K | — |
| I.E. SHAFFER & CO | 22-1750854 | WEST TRENTON, NJ | NONE | $341K | — |
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | NONE | $48K | — |
| GERSON & ASSOC CPAS AND ADVISORS PC | 22-3163246 | ROCHELLE PARK, NJ | NONE | $39K | — |
| MORGAN STANLEY SMITH BARNEY LLC | 26-4310632 | NEW YORK, NY | NONE | $30K | — |
| OBRIEN BELLAND & BUSHINSKY | 37-1467056 | — | NONE | $29K | — |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | 22-2951202 | — | NONE | $18K | — |
Investments
1 direct security · 6 pooled funds· $213.5M(32% 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.
Pooled Separate Account
$184.5M
6 holdings
Uncategorized
$29.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FIDELITY CONTRAFUND SA-55N PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 091 | Pooled Separate Account | — | — | $146.3M | 21.6% | |
| [DFE: EMPOWER BALANCED FUND (extraction pending)] | — | — | — | $29.0M | 4.3% | |
| PREMIER DIVERSIFIED FUND PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 167 | Pooled Separate Account | — | — | $29.0M | 4.3% | |
| VANGUARD BALANCED INDEX PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 808 | Pooled Separate Account | — | — | $6.4M | 0.9% | |
| PRUDENTIAL REAL ESTATE FUND PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 544 | Pooled Separate Account | — | — | $2.8M | 0.4% | |
| PRUDENTIAL/LAZARD INTERNATIONAL BLE PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 067 | Pooled Separate Account | — | — | $0 | <0.1% | |
| T ROWE PRICE BLUE CHIP PRUDENTIAL RETIREMENT INS CO · EIN 06-1050034 / PN 434 | Pooled Separate Account | — | — | $0 | <0.1% |