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Original filing (PDF)20251015133324NAL0004686513002
LOCAL 1158 WELFARE PLAN FUND
Form 5500
FILING_RECEIVED
LOCAL 1158 WELFARE PLAN FUND
Health & welfare plan
Signals · 4
71% in single holding~1312 bps in Sched C feesNo recordkeeper disclosed12 service providers
Active participants
3,901
Accounts w/ balance
—
Plan assets (EOY)
$8.1M
Net assets (EOY)
$7.9M
How this plan invests
This plan
3 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 "Morgan Stanley Smith Barney Total Bond Market Index Fund" is 71% of plan.
- 1312 bps in Schedule C fees — 2422% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LOCAL 1158 WELFARE PLAN FUND.
Plan sponsor
Name
LOCAL 1158 WELFARE PLAN FUND
EIN
22-7051778
Address
1149 BLOOMFIELD AVENUE · CLIFTON, NJ · 07012
Phone
(973) 773-3336
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Name
GEORGE SERIO
EIN
22-3272256
City
CLIFTON, NJ
Phone
(973) 773-3336
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4H · Long-Term Disability
Audit & trust (Schedule H)
Auditor
ROSENBERG RICH BAKER BERMAN, P.A.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
12 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | 13-1912900 | NEW YORK, NY | INVESTMENT MANAGEMENT | $14K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CARELLA BYRNE | 22-2045935 | ROSELAND, NJ | LEGAL | $59K | — |
Other
10| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOSEPH P. CALABRO | 22-7051778 | CLIFTON, NJ | ASSISTANT ADMINISTRATOR | $242K | — |
| GEORGE SERIO | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $216K | — |
| MICHAEL TORTORELLI | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $92K | — |
| CHRISTINE FAWCETT | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $89K | — |
| DONNA CERNIGLIA | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $83K | — |
| ROSENBERG RICH BAKER BERMAN | 22-3271252 | SOMERSET, NJ | — | $63K | — |
| SANDRA JIMEMEZ | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $61K | — |
| CELESTE CALABRO | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $56K | — |
| ANDREA BURGESS | 22-7051778 | CLIFTON, NJ | EMPLOYEE | $50K | — |
| ANTHONY PINADELLA | 15-4623634 | CLIFTON, NJ | CLAIMS REVIEW | $46K | — |
Investments
3 direct securities· $5.6M(69% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Morgan Stanley Smith Barney Total Bond Market Index Fund | — | — | $4.0M | $4.0M | 48.9% | |
| Morgan Stanley Smith Barney U.S. Treasury Note | — | — | $1.1M | $1.1M | 13.6% | |
| Morgan Stanley Smith Barney NY Muni Money Market Fund | — | — | $542K | $542K | 6.7% |
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