Original filing (PDF)20251015160135NAL0010526178004

BD OF TEES OF STEAMFITTERS LU 420 WELFARE PLAN

Name: BD OF TEES OF STEAMFITTERS LU 420 WELFARE PLAN — STEAMFITTERS LOCAL UNION NO. 420 WELFARE PLAN, Form 5500 (2024)
Creator: BD OF TEES OF STEAMFITTERS LU 420 WELFARE PLAN

Form 5500

FILING_RECEIVED

STEAMFITTERS LOCAL UNION NO. 420 WELFARE PLAN

Health & welfare plan

Signals · 5

1 failed disclosureLate participant contributions40% in single holding~184 bps in Sched C fees24 service providers

Active participants

2,856

Accounts w/ balance

—

Plan assets (EOY)

$235.3M

Net assets (EOY)

$226.4M

How this plan invests

This plan

160 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

1 Schedule C provider failed to disclose compensation.
Delinquent participant contributions reported (Schedule H 4a) — 7481K (8% of contributions).
Total administrative cost in the bottom quartile of peers (2nd percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for BD OF TEES OF STEAMFITTERS LU 420 WELFARE PLAN.

Plan sponsor

Name

BD OF TEES OF STEAMFITTERS LU 420 WELFARE PLAN

EIN

23-2715454

Address

14420 TOWNSEND ROAD, SUITE B · PHILADELPHIA, PA · 191541028

Phone

(267) 350-2600

Industry

Plumbing, Heating, AC Contractors· Constructionsee all

Plan administrator

Same as plan sponsor.

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)

4Q · Other

4U · Dependent Care

Audit & trust (Schedule H)

Service providers (Schedule C)

24 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
CBIZ RETIREMENT PLAN SERVICES	31-1582098

Failed / refused disclosures (Sched C Part 2)

Provider	Nondisclosure info
D&W TECHNOLOGIES	THIS SERVICE PROVIDER DID NOT PROVIDE INFORMATION REQUESTED FOR SCHEDULE C OF THE FORM 5500.

Investments

160 direct securities· $177.6M(75% of reported assets)

Bonds / Notes

$111.7M

96 holdings

U.S. Treasuries

$29.5M

15 holdings

Common Stock

$12.9M

23 holdings

Other securities

$12.1M

14 holdings

Agency / Mortgage-Backed

$10.9M

11 holdings

Common Collective Trusts

$432K

1 holding

					% of plan
PRUDENTIAL FIXED RATE FUND - UNALLOCATED GENERAL ACCOUNT	Bonds / Notes	—	—	$71.9M	30.5%
BOYD WATTERSON STATE GOVERNMENT FUND LP	Other securities	—	$7.9M	$7.2M	3.1%
U.S. TREASURY NOTES 4.375% 07/15/27	U.S. Treasuries	—	$3.8M	$3.8M	1.6%
U.S. TREASURY NOTES 4.625% 04/30/29	U.S. Treasuries	—	$3.1M	$3.2M	1.3%
U.S. TREASURY NOTES 4.125% 11/15/27	U.S. Treasuries	—	$3.0M	$3.0M	1.3%
U.S. TREASURY NOTES 4.250% 06/30/29	U.S. Treasuries	—	$3.0M	$2.9M	1.2%
U.S. TREASURY NOTES 3.750% 05/31/30	U.S. Treasuries	—	$2.7M	$2.7M	1.1%
U.S. TREASURY NOTES 4.000% 02/15/34	U.S. Treasuries	—	$2.7M	$2.6M	1.1%
U.S. TREASURY NOTES 3.875% 08/15/33	U.S. Treasuries	—	$2.2M	$2.2M	0.9%
U.S. TREASURY NOTES 4.625% 06/15/27	U.S. Treasuries	—	$2.0M	$2.0M	0.8%
U.S. TREASURY NOTES 3.500% 02/15/33	U.S. Treasuries	—	$2.0M	$1.9M	0.8%
U.S. TREASURY NOTES 3.875% 04/30/25	U.S. Treasuries	—	$1.8M	$1.8M	0.8%
FEDERATED HERMES GOVERNMENT OBLIGATIONS PREMIUM SHARES #117	Other securities	—	$1.8M	$1.8M	0.8%
FEDERAL NATL MTG ASSN POOL CB6475 5.000% 06/01/53	Agency / Mortgage-Backed	—	$1.7M	$1.6M	0.7%
VERIZON MASTER TRUST SERIES 2024-3 CLASS A1A 5.340% 04/22/30	Bonds / Notes	—	$1.6M	$1.6M	0.7%
FEDERAL HOME LOAN MTG CORP POOL SD8215 4.000% 05/01/52	Bonds / Notes	—	$1.6M	$1.5M	0.6%
FEDERAL NATL MTG ASSN POOL MA4600 3.500% 04/01/52	Agency / Mortgage-Backed	—	$1.6M	$1.4M	0.6%
FEDERAL NATL MTG ASSN POOL MA5189 5.000% 11/01/53	Agency / Mortgage-Backed	—	$1.4M	$1.4M	0.6%
U.S. TREASURY NOTES 3.250% 06/30/29	U.S. Treasuries	—	$1.3M	$1.3M	0.6%
FEDERAL HOME LOAN MTG CORP POOL SD8214 3.500% 05/01/52	Bonds / Notes	—	$1.5M	$1.3M	0.6%
FEDERAL NATL MTG ASSN POOL MA4761 5.000% 09/01/52	Agency / Mortgage-Backed	—	$1.3M	$1.3M	0.5%
FEDERAL HOME LOAN MTG CORP POOL SD8207 3.500% 04/01/52	Bonds / Notes	—	$1.3M	$1.2M	0.5%
CAPITAL ONE MULTI-ASSET EXECUT SERIES 2023 A1 CLASS A 4.420% 05/15/28	Bonds / Notes	—	$1.1M	$1.1M	0.5%
BANK OF AMERICA CORP SERIES MTN VAR 01/20/28	Common Stock	—	$1.2M	$1.1M	0.4%
U.S. TREASURY NOTES 2.875% 04/30/25	U.S. Treasuries	—	$995K	$995K	0.4%
FEDERAL NATL MTG ASSN POOL MA5245 5.000% 01/01/54	Agency / Mortgage-Backed	—	$969K	$963K	0.4%
FEDERAL NATL MTG ASSN POOL MA4656 4.500% 07/01/52	Agency / Mortgage-Backed	—	$974K	$949K	0.4%
FEDERAL HOME LOAN MTG CORP POOL SD8342 5.500% 07/01/53	Bonds / Notes	—	$948K	$932K	0.4%
FEDERAL NATL MTG ASSN POOL MA5352 5.000% 05/01/54	Agency / Mortgage-Backed	—	$924K	$911K	0.4%
CITIGROUP INC VAR 05/25/34	Common Stock	—	$904K	$900K	0.4%
FEDERAL HOME LOAN MTG CORP POOL SD3977 5.000% 04/01/53	Bonds / Notes	—	$889K	$873K	0.4%
ENERGY TRANSFER LP 6.400% 12/01/30	Bonds / Notes	—	$853K	$872K	0.4%
FEDERAL NATL MTG ASSN POOL MA5215 5.500% 12/01/53	Agency / Mortgage-Backed	—	$880K	$871K	0.4%
FEDERAL NATL MTG ASSN POOL MA4580 3.500% 04/01/52	Agency / Mortgage-Backed	—	$862K	$765K	0.3%
GOLDMAN SACHS GROUP INC VAR 02/24/33	Common Stock	—	$799K	$763K	0.3%
GM FINANCIAL SECURITIZED TERM SERIES 2024 1 CLASS A3 5.250% 12/18/28	Bonds / Notes	—	$752K	$759K	0.3%
CITIGROUP INC VAR 01/28/27	Common Stock	—	$704K	$754K	0.3%
WELL FARGO COMMERCIAL MTG TRUST SERIES 2015-C29 CLASS A4 3.637% 06/15/48	Bonds / Notes	—	$814K	$740K	0.3%
GOLDMAN SACHS GROUP INC VAR 10/21/27	Common Stock	—	$693K	$736K	0.3%
CAPITAL ONE MULTI-ASSET EXECUT SERIES 2024 A1 CLASS A 3.920% 09/17/29	Bonds / Notes	—	$740K	$727K	0.3%
GOLDMAN SACHS GROUP INC VAR 04/23/29	Common Stock	—	$695K	$707K	0.3%
AERCAP IRELAND CAP/GLOBAL 2.450% 10/29/26	Bonds / Notes	—	$675K	$699K	0.3%
CITIGROUP INC VAR 02/24/28	Common Stock	—	$660K	$698K	0.3%
VMWARE INC 3.900% 08/21/27	Bonds / Notes	—	$652K	$687K	0.3%
U.S. TREASURY NOTES 4.125% 03/31/29	U.S. Treasuries	—	$666K	$669K	0.3%
AMERICAN EXPRESS CREDIT ACCOUN SERIES 2024 2 CLASS A 5.240% 04/15/31	Bonds / Notes	—	$648K	$659K	0.3%
CNA FINANCIAL CORP 4.500% 03/01/26	Bonds / Notes	—	$662K	$651K	0.3%
BANK OF AMERICA CORP VAR 07/22/27	Common Stock	—	$597K	$634K	0.3%
VERIZON MASTER TRUST SERIES 2024 8 CLASS A1A 5.140% 11/20/30	Bonds / Notes	—	$630K	$629K	0.3%
SOUTHERN CO 3.250% 07/01/26	Bonds / Notes	—	$595K	$609K	0.3%

1–50 of 160

1 / 4

Fund families in this plan

Detected from the parsed Schedule of Assets. Click a family to see every plan that holds it — ranked by position size.

Prudential / PGIM$72.2M Wells Fargo / Allspring$2.3M Goldman Sachs$2.2M JPMorgan$605K Schwab$246K Morgan Stanley$1K

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Name	EIN	Location	Relation	Direct comp	Indirect comp
INDEPENDENCE BLUE CROSS	23-2184623	—	NONE	$2.3M	—
GUARDIAN NURSES HEALTHCARE ADVOCATE	—	FLOURTOWN, PA	NONE	$446K	—
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DANIEL A. WINTERS & COMPANY, CPAS	23-2586736	—	NONE	$109K	—
EMPLOYEE A	23-2715454	—	NONE	$85K	—
UNITED CONCORDIA COMPANIES INC	25-1687586	—	NONE	$84K	—
ALLIED TRADES ASSISTANCE PROGRAM	23-2591093	—	NONE	$75K	—
HELPSCRIPT LLC	—	ROCKVILLE, MD	NONE	$71K	—
EMPLOYEE B	23-2715454	—	NONE	$70K	—
KENNEDY PRINTING CO., INC.	23-1699861	—	NONE	$69K	—
CLEARY, JOSEM & TRIGIANI, LLP	23-2657967	—	NONE	$54K	—
AIM ADMINISTRATORS LLC	—	MARLTON, NJ	NONE	$53K	—
STEAMFITTERS LU 420 BUILDING FUND	37-1424586	—	UNION AFFILIATE	$45K	—
KANG HAGGERTY & FETBROYT	—	PHILADELPHIA, PA	NONE	$43K	—
EMPLOYEE C	23-2715454	—	NONE	$31K	—
EMPLOYEE D	23-2715454	—	NONE	$31K	—
MANIFESTO HEALTH	—	MEDIA, PA	NONE	$26K	—
NATIONAL VISION ADMINISTRATORS LLC	22-2998772	—	NONE	$22K	—
MORGAN STANLEY WEALTH MGMT	—	NEW YORK, NY	NONE	$19K	—
PNC BANK, N.A.	25-1211909	—	NONE	$15K	—
XPAN LAW PARTNERS LLC	—	MARLTON, NJ	NONE	$5K	—