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Original filing (PDF)20251015203023NAL0007279296002
IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLA
Form 5500
FILING_RECEIVED
INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS IBEW 98 SOUND & COMMUNICATION WORKERS HEALTH & WELFARE FUND
Health & welfare plan
Signals · 3
100% in single holdingNo recordkeeper disclosed10 service providers
Active participants
1,164
Accounts w/ balance
—
Plan assets (EOY)
$38.1M
Net assets (EOY)
$37.8M
How this plan invests
This plan
1 pooled trust
Schedule D
1 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: NHIT CORE PLUS FIXED INCOME TRUST (extraction pending)]" is 100% of plan.
- 72 bps in Schedule C fees — 147% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLA.
Plan sponsor
Name
IBEW LOCAL # 98 SOUND AND COMMUNICATION WORKERS HEALTH AND WELFARE PLA
DBA
LTH AND WELFARE FUND
EIN
23-2959495
Address
1719 SPRING GARDEN STREET · PHILADELPHIA, PA · 19130
Phone
(215) 599-6436
Industry
Electrical 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)
Auditor
NOVAK FRANCELLA, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsOther
10| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FRANK M. VACCARO & ASSOCIATES | 23-2148108 | — | NONE | $129K | — |
| BOYD WATTERSON ASSET MANAGEMENT | 34-1922005 | — | NONE | $28K | — |
| NOVAK FRANCELLA LLC | 61-1436956 | — | NONE | $26K | — |
| BOLTON PARTNERS NORTHEAST, INC. | 52-1231144 | — | NONE | $16K | — |
| CHEIRON INC. | 13-4215617 | — | NONE | $16K | — |
| NEWTOWER TRUST COMPANY | 30-0872552 | — | NONE | $14K | — |
| MARCO CONSULTING GROUP | 36-3555078 | — | NONE | $12K | — |
| CLEARY & JOSEM LLP | 23-2657967 | — | NONE | $11K | — |
| LOOMIS SAYLES TRUST COMPANY | 20-8080381 | — | NONE | $11K | — |
| FUTURESCRIPTS | — | PHILADELPHIA, PA | NONE | $11K | — |
Investments
1 pooled fund· $3.3M(9% 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.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NHIT CORE PLUS FIXED INCOME TRUST LOOMIS SAYLES TRUST CO., INC. · EIN 20-8080381 / PN 018 | Common Collective Trust | — | — | $3.3M | 8.6% |