Back to filter
Original filing (PDF)20251014191134NAL0004849456002
THE BUILDING INDUSTRY ELECTRICAL CONTRACTORS ASSOCIATION, INC.
Form 5500
FILING_RECEIVED
BUILDING TRADES WELFARE BENEFIT FUND
Health & welfare plan
Signals · 4
36% in single holding~755 bps in Sched C feesNo recordkeeper disclosed16 service providers
Active participants
1,153
Accounts w/ balance
—
Plan assets (EOY)
$25.3M
Net assets (EOY)
$19.6M
How this plan invests
This plan
5 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
82
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Held by PNC Bank 311 Held by PNC Bank" is 36% of plan.
- 755 bps in Schedule C fees — 2503% 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 THE BUILDING INDUSTRY ELECTRICAL CONTRACTORS ASSOCIATION, INC..
Plan sponsor
Name
THE BUILDING INDUSTRY ELECTRICAL CONTRACTORS ASSOCIATION, INC.
EIN
26-1140509
Address
1150 PORTION ROAD, SUITE 19 · HOLTSVILLE, NY · 11742
Phone
(516) 833-9300
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Name
DICKINSON GROUP, LLC
EIN
20-1241472
City
GARDEN CITY, NY
Phone
(516) 833-9300
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
16 rowsTrustee
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ERIC OLYNIK | 11-3310062 | — | TRUSTEE | $50K | — |
| FRANK RAPPO | 11-3310062 | — | TRUSTEE | $50K | — |
Other
14| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| DICKINSON GROUP LLC | 20-1241472 | — | NONE | $653K | — |
| ANTHEM BLUE CROSS | 23-7391136 | — | NONE | $433K | — |
| SLEVIN & HART | 52-1708613 | — | NONE | $220K | — |
| DD SERVICES, INC. | 11-2705347 | — | NONE | $182K | — |
| AMERICAN HEALTH HOLDINGS, INC. | 31-1368946 | — | NONE | $80K | — |
| COSTAROTHBORT CPAS LLC | 46-5286678 | — | NONE | $43K | — |
| CALIBRE CPA GROUP PLLC | 47-0900880 | — | NONE | $33K | — |
| RAEL AND LETSON | 94-1701048 | — | NONE | $31K | — |
| FIRST ACTUARIAL CONSULTING | 26-3842522 | — | NONE | $30K | — |
| MAXORPLUS | 75-2676894 | — | NONE | $28K | — |
| OVERTURE HEALTH CARE, LLC | 83-2696963 | — | NONE | $27K | — |
| BARNES, IACCARINO & SHEPHERD LLP | 26-3858697 | — | NONE | $25K | — |
| REYNOLDS CONSULTING SERVICES | 20-1899564 | — | NONE | $19K | — |
| SAGE ADVISORY SERVICES LTD CO. | 74-2798841 | — | NONE | $6K | — |
Investments
5 direct securities· $18.6M(74% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Held by PNC Bank 311 Held by PNC Bank | — | — | $4.2M | $6.7M | 26.6% | |
| Held by PNC Bank | — | — | $5.2M | $5.2M | 20.5% | |
| BOYD WATTERSON BOYD WATTERSON GSA FUND LP | — | — | $2.9M | $3.5M | 13.9% | |
| LOOMIS SAYLES FUNDS LOOMIS FIXED INCOME FUND I | — | — | $1.8M | $2.4M | 9.5% | |
| CLEARBRIDGE INVESTMENT TRUST CLEARBRIDGE INTERNATIONAL GROWTH PORTFOLIO | — | — | $450K | $736K | 2.9% |
Related plans
Other plans using DICKINSON GROUP LLC
THE BUILDING INDUSTRY ELECTRICAL CONTRACTORS ASSOCIATION, INC.
ELECTRICIAN'S RETIREMENT FUND
$236.2M · 921 participants
THE BUILDING INDUSTRY ELECTRICAL CONTRACTORS ASSOCIATION, INC.
BUILDING TRADES ANNUITY BENEFIT FUND
$116.4M · 905 participants
BD OF TRUSTEES BCTGM LOCAL 53 HEALTH BENEFITS FUND
BCTGM LOCAL 53 HEALTH BENEFITS FUND
$29.7M · 1,573 participants
BOARD OF TRUSTEES OF LOCAL 1931 PENSION FUND
LOCAL 1931 PENSION FUND
$29.4M · 173 participants
BOARD OF TRUSTEES OF LOCAL 298 PENSION FUND
LOCAL 298 PENSION FUND
$27.2M · 522 participants
ALLIED INDUSTRIES PENSION FUND LOCAL 427
ALLIED INDUSTRIES PENSION PLAN
$26.5M · 40 participants
Similar-size Electrical Contractors plans
KLINE ELECTRIC, INC.
KLINE ELECTRIC, INC. EMPLOYEE STOCK OWNERSHIP PLAN
$25.4M · 197 participants
LEE CONTRACTING, INC.
LEE CONTRACTING, INC. 401(K) PROFIT SHARING PLAN
$25.3M · 552 participants
BOARD OF TRUSTEES OF IBEW LOCAL 139 ANNUITY FUND
I.B.E.W. LOCAL 139 ANNUITY PLAN
$25.4M · 231 participants
LVC COMPANIES, INC.
LVC EMPLOYEE STOCK OWNERSHIP PLAN
$25.5M · 92 participants
BOARD OF TRUSTEES OF HAWAII ELECTRICIANS SUPPLEMENTARY UNEMPLOYMENT BE
HAWAII ELECTRICIANS SUPPLEMENTARY UNEMPLOYMENT BENEFIT PLAN
$25.6M · 2,903 participants
MARKEY'S AUDIO-VISUAL, INC.
MARKEY'S AUDIO-VISUAL 401(K) PLAN
$25.0M · 311 participants
Large plans in New York
INTERNATIONAL BUSINESS MACHINES CORPORATION
IBM 401(K) PLAN
$60.4B · 49,030 participants
TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA
TIAA REAL ESTATE ACCOUNT
$25.2B
JPMORGAN CHASE BANK, N.A.
COMMINGLED PENSION TRUST FUND (STRATEGIC PROPERTY) OF JPMORGAN CHASE BANK, N.A.
$24.3B
MORGAN STANLEY DOMESTIC HOLDINGS, LLC
MORGAN STANLEY 401(K) PLAN
$22.2B · 54,084 participants
PFIZER INC
PFIZER SAVINGS PLAN
$22.0B · 29,469 participants
JPMORGAN CHASE BANK, N.A.
COMMINGLED PENSION TRUST FUND (EQUITY INDEX) OF JPMORGAN CHASE BANK, N.A.
$20.0B