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Original filing (PDF)20250930162039NAL0029764114001
TEAMSTERS LOCAL 418 PENSION FUND
Form 5500
FILING_RECEIVED
TEAMSTERS LOCAL 418 PENSION PLAN
Defined-benefit pension plan
Signals · 2
53% in single holding~183 bps in Sched C fees
Active participants
74
Accounts w/ balance
—
Plan assets (EOY)
$3.3M
Net assets (EOY)
$3.3M
How this plan invests
This plan
1 pooled trust
Schedule D
64 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
75
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "AFL-CIO SL SIF Stock Index Fund UC1" is 53% of plan.
- 183 bps in Schedule C fees — 252% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TEAMSTERS LOCAL 418 PENSION FUND.
Plan sponsor
Name
TEAMSTERS LOCAL 418 PENSION FUND
EIN
22-6128536
Address
2003 ROUTE 130 · NORTH BRUNSWICK, NJ · 089024857
Phone
(732) 297-3900
Industry
Other Services (ex. Public Admin)see 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
2025-09-30
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
MSPC CPA'S AND ADVISORS, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAccountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MSPC CPA'S AND ADVISORS | 22-2951202 | — | ACCOUNTANT FOR LOCAL 701 | $20K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PAUL A. MONTALBANO, ESQ., LLC | 04-3669184 | — | ATTORNEY FOR LOCAL 701 | $12K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIRST ACTUARIAL CONSULTING, INC. | 26-3842522 | — | NONE | $22K | — |
| HGK ASSET MANAGEMENT, INC. | 52-1296988 | — | NONE | $6K | — |
Investments
63 direct securities · 1 pooled fund· $3.3M(98% 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.
Common Collective Trust
$1.7M
1 holding
Uncategorized
$1.5M
63 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| AFL-CIO SL SIF STOCK INDEX FUND UCI BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 340 | Common Collective Trust | — | $1.2M | $1.7M | 52.5% | |
| United States Treasury NTS 160,000 1.375% 08/15/50 | — | — | $98K | $78K | 2.4% | |
| Bank America Corp 90,000 2.482% 09/21/36 | — | — | $71K | $73K | 2.2% | |
| United States Treasury NTS 82,000 0.625% 08/15/30 | — | — | $67K | $67K | 2.0% | |
| Goldman Sachs Group Inc 70,000 1.992% 01/27/32 | — | — | $57K | $58K | 1.7% | |
| GNMA Remic Trust 2022-D25 70,000 4.904% 02/20/52 | — | — | $61K | $57K | 1.7% | |
| New York NY City Transitional 50,000 2.010% 05/01/25 | — | — | $48K | $50K | 1.5% | |
| GNMA Remic Trust 50,000 5.000% 07/20/45 | — | — | $50K | $50K | 1.5% | |
| Advantage Bank Deposit 48,421 0.000% N/A $ | — | — | $48K | $48K | 1.5% | |
| FHLMC Remic Series 4725 40,000 3.500% 11/15/47 | — | — | $47K | $46K | 1.4% | |
| Energy Transfer 45,000 3.750% 05/15/30 | — | — | $43K | $42K | 1.3% | |
| GNMA Remic Trust 75,000 3.000% 11/20/30 | — | — | $38K | $36K | 1.1% | |
| GNMA Remic Trust 2023-D32 50,000 5.500% 11/20/50 | — | — | $34K | $34K | 1.0% | |
| Philip Morris Intl Inc 36,000 1.750% 11/01/30 | — | — | $27K | $30K | 0.9% | |
| Jefferies Financial Group Inc 30,000 4.850% 01/15/27 | — | — | $30K | $30K | 0.9% | |
| United States Treasury NTS 30,000 3.750% 08/31/26 | — | — | $30K | $30K | 0.9% | |
| Oracle Corp 35,000 3.800% 11/15/37 | — | — | $30K | $29K | 0.9% | |
| United States Treasury NTS 30,000 3.875% 08/15/34 | — | — | $30K | $28K | 0.9% | |
| Citigtoup Inc 31,000 2.520% 11/03/32 | — | — | $26K | $26K | 0.8% | |
| GNMA Remic Trust 2022-209 50,000 5.500% 11/20/50 | — | — | $26K | $26K | 0.8% | |
| GNMA Remic Trust 2021-050 50,000 1.500% 07/20/50 | — | — | $33K | $25K | 0.8% | |
| Mid-America Apts LP 25,000 5.000% 03/15/34 | — | — | $25K | $24K | 0.7% | |
| FHLMC Strip Smbs Gold Comb Po 100,000 3.000% 09/15/47 | — | — | $28K | $24K | 0.7% | |
| Nassau Cnty NY Interim Fin AU 25,000 0.709% 11/15/25 | — | — | $25K | $24K | 0.7% | |
| Morgan Stanley 25,000 0.985% 12/10/26 | — | — | $25K | $24K | 0.7% | |
| Bank America Corp 25,000 1.658% 03/11/27 | — | — | $25K | $24K | 0.7% | |
| Lincoln Natil Corp 25,000 3.050% 01/15/30 | — | — | $22K | $23K | 0.7% | |
| FHLMC Remic Series 5295 25,000 5.000% 02/25/34 | — | — | $22K | $21K | 0.6% | |
| Federal Farm Cr Bks 25,000 1.530% 09/03/30 | — | — | $25K | $21K | 0.6% | |
| JPMorgan Chase & Co 25,000 1.764% 11/19/31 | — | — | $25K | $21K | 0.6% | |
| Continental Res Inc 25,000 4.900% 06/01/44 | — | — | $28K | $20K | 0.6% | |
| Public Svc Enterprise Group 20,000 5.450% 04/01/34 | — | — | $20K | $20K | 0.6% | |
| United States Treasury NTS 20,000 4.375% 05/15/34 | — | — | $20K | $20K | 0.6% | |
| Cheniere Energy Partners LP 20,000 3.250% 01/31/32 | — | — | $17K | $17K | 0.5% | |
| Toronto Dominion Bk 17,000 5.523% 07/17/28 | — | — | $17K | $17K | 0.5% | |
| Bat Capital Corp 20,000 4.390% 08/15/37 | — | — | $17K | $17K | 0.5% | |
| Western Midstream Oper LP 20,000 5.250% 02/01/50 | — | — | $17K | $17K | 0.5% | |
| SBA PC 25,000 7.875% 04/25/37 | — | — | $17K | $17K | 0.5% | |
| GNMA Remic Trust 2021-060 25,000 1.500% 05/16/57 | — | — | $22K | $17K | 0.5% | |
| Micron Technology Inc 20,000 2.703% 04/15/32 | — | — | $17K | $17K | 0.5% | |
| Ford Mtr Co 20,000 3.250% 02/12/32 | — | — | $16K | $17K | 0.5% | |
| GNMA Remic Trust 50,000 2.500% 06/20/47 | — | — | $19K | $17K | 0.5% | |
| Erp Oper Ltd Partnership 20,000 1.850% 08/01/31 | — | — | $20K | $17K | 0.5% | |
| National Rural Utils Coop Fin 20,000 1.650% 06/15/31 | — | — | $19K | $16K | 0.5% | |
| FNMA Remic Trust 2021-65 25,000 2.000% 07/25/49 | — | — | $20K | $15K | 0.5% | |
| Eqt Corp 15,000 5.750% 02/01/34 | — | — | $15K | $15K | 0.4% | |
| Lowes Cos Inc 15,000 3.150% 07/01/33 | — | — | $15K | $15K | 0.4% | |
| Unum Group 15,000 6.000% 06/15/54 | — | — | $15K | $15K | 0.4% | |
| Kyndryl Hldgs Inc 17,000 3.150% 10/15/31 | — | — | $14K | $15K | 0.4% | |
| Ford Motor Credit Company 15,000 6.125% 03/08/34 | — | — | $15K | $15K | 0.4% | |
| M&T Bk Corp 15,000 5.053% 01/27/34 | — | — | $14K | $14K | 0.4% | |
| Devon Energy Corp New 15,000 5.200% 09/15/34 | — | — | $15K | $14K | 0.4% | |
| FNMA Remic Trust 2021-12 40,000 1.000% 07/25/50 | — | — | $18K | $13K | 0.4% | |
| Jefferies Financial Group Inc 15,000 2.625% 10/15/31 | — | — | $12K | $13K | 0.4% | |
| FNMA Remic Trust 2021-59 20,000 2.000% 06/25/48 | — | — | $16K | $12K | 0.4% | |
| Aptiv Plc 20,000 3.100% 12/01/51 | — | — | $20K | $12K | 0.4% | |
| Ginnie Mae Remic Trust 2020-08 25,000 2.250% 01/16/61 | — | — | $14K | $12K | 0.3% | |
| Charter Communications Oper 10,000 2.800% 04/01/31 | — | — | $10K | $8K | 0.3% | |
| New York St Urban Dev Corp St 5,000 1.080% 03/15/25 | — | — | $5K | $5K | 0.1% | |
| Federal Farm Cr Bks 5,000 3.300% 03/23/32 | — | — | $5K | $5K | 0.1% | |
| Marriot Intl Inc New 5,000 2.850% 04/15/31 | — | — | $5K | $4K | 0.1% | |
| Lam Research Corp 5,000 2.875% 06/15/50 | — | — | $5K | $3K | <0.1% | |
| FNMA Remic Trust 25,000 2.500% 07/25/46 | — | — | $2K | $2K | <0.1% | |
| FNMA Remic Trust 180,000 1.750% 12/25/31 | — | — | $2K | $2K | <0.1% |