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Original filing (PDF)20260210144825NAL0002028419001
IRON WORKERS LOCAL 404
Form 5500
FILING_RECEIVED
IRON WORKERS LOCAL UNION NO. 404 ANNUITY FUND
Defined-contribution retirement plan
Signals · 3
55% in single holdingNo recordkeeper disclosed10 service providers
Active participants
885
Accounts w/ balance
1,114
Plan assets (EOY)
$75.5M
Net assets (EOY)
$75.3M
How this plan invests
This plan
11 pooled trusts
Schedule D
9 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: MM S&P 500 INDEX (no filing on disk)]" is 55% of plan.
- 27 bps in Schedule C fees — 69% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for IRON WORKERS LOCAL 404.
Plan sponsor
Name
IRON WORKERS LOCAL 404
EIN
25-1754959
Address
1807 SPRING GARDEN STREET · PHILADELPHIA, PA · 19130
Phone
(215) 537-0900
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-05-01
Tax period
2025-04-30
Filed
2026-02-10
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
FISCHER DORWART, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | — | WYOMISSING, PA | ADVISOR | $35K | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | CONTRACT ADMINISTRATOR | $51K | — |
| IRON WORKERS DIST. COUNCIL OF PHILA | — | PHILADELPHIA, PA | CONTRACT ADMINISTRATOR | $48K | — |
Other
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CLEARY, JOSEM & TRIGIANI, LLP | — | PHILADELPHIA, PA | NONE | $30K | — |
| ERNST & YOUNG | — | PHILADELPHIA, PA | NONE | $22K | — |
| FISCHER DORWART, P.C. | 23-2247478 | — | NONE | $18K | — |
| VANGUARD | 23-1999755 | — | INVESTMENT PROVIDER | $0 | — |
| JP MORGAN | 33-1043149 | — | INVESTMENT PROVIDER | $0 | — |
| MANNING & NAPIER | 16-1371994 | — | INVESTMENT PROVIDER | $0 | — |
| T. ROWE PRICE | 52-1827505 | — | INVESTMENT PROVIDER | $0 | — |
Investments
11 pooled funds· $4.3M(6% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MM S&P 500 INDEX MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $2.3M | 3.1% | |
| MASS MUTUAL EQUITY OPPORTUNITIES MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $856K | 1.1% | |
| AMERICAN FUNDS EUROPACIFIC GROWTH AMERICAN FUNDS · EIN 90-0342299 / PN 000 | Pooled Separate Account | — | — | $484K | 0.6% | |
| MASS MUTUAL MID CAP GROWTH MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $292K | 0.4% | |
| MASS MUTUAL SMALL CAP GROWTH MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $123K | 0.2% | |
| VANGUARD SMALL CAP INDEX VANGUARD · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $66K | <0.1% | |
| MASS MUTUAL HIGH YIELD MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $63K | <0.1% | |
| VANGUARD MID CAP INDEX VANGUARD · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $29K | <0.1% | |
| MM US GOVT MONEY MARKET MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $21K | <0.1% | |
| MASS MUTUAL TOTAL RETURN BOND MASS MUTUAL LIFE INSURANCE CO. · EIN 90-0342299 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| MASS MUTUAL SMALL COMPANY VALUE MASS MUTUAL LIFE INSURANCE CO. · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% |
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