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Original filing (PDF)20250702154510NAL0013163265002
THE BOARD OF TRUSTEES OF THE IRONWORKERS 568 RETIREMENT PLAN
Form 5500
FILING_RECEIVED
IRONWORKERS 568 RETIREMENT PLAN
Defined-benefit pension plan
Signals · 2
60% in single holding~169 bps in Sched C fees
Active participants
95
Accounts w/ balance
—
Plan assets (EOY)
$10.8M
Net assets (EOY)
$10.8M
How this plan invests
This plan
3 pooled trusts
Schedule D
6 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
75
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "VANGUARD 500 INDEX FUND MUTAL FUND" is 60% of plan.
- 169 bps in Schedule C fees — 482% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE BOARD OF TRUSTEES OF THE IRONWORKERS 568 RETIREMENT PLAN.
Plan sponsor
Name
THE BOARD OF TRUSTEES OF THE IRONWORKERS 568 RETIREMENT PLAN
EIN
32-0124306
Address
119 SOUTH CENTRE STREET · CUMBERLAND, MD · 21502
Phone
(301) 777-7770
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-02
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
TURNBULL, HOOVER & KAHL, P.A.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOINT BOARD OF TRUSTEES FOR IW L568 | 52-6112461 | CUMBERLAND, MD | EMPLOYEE ORGANIZATION | $61K | — |
| BOLTON PARTNERS, INC. | 52-1231144 | TOWSON, MD | NONE | $51K | — |
| BATOFF ASSOCIATES, P.A. | 52-1667847 | BALTIMORE, MD | NONE | $38K | — |
| TURNBULL, HOOVER AND KAHL, P.A. | 52-1518807 | CUMBERLAND, MD | NONE | $24K | — |
| STANDARD VALUATION | 41-1327339 | ST. PAUL, MN | NONE | $8K | — |
Investments
3 direct securities · 3 pooled funds· $10.6M(98% 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.
Uncategorized
$7.3M
2 holdings
Common Collective Trust
$1.7M
3 holdings
Mutual Funds
$1.7M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND MUTAL FUND | — | — | $486K | $6.3M | 58.6% | |
| S BAIRD CORE PLUS BOND MUTAL FUND | Mutual Funds | — | $1.8M | $1.7M | 15.3% | |
| NEUBERGER BERMAN STRATEGIC MULTI-SE NEUBERGER BERMAN TRUST COMPANY N.A. · EIN 20-4797982 / PN 006 | Common Collective Trust | — | $1.0M | $1.2M | 11.0% | |
| VANGUARD MID-CAP INDEX FUND MUTAL FUND | — | — | $568K | $912K | 8.4% | |
| MULTI EMPLOYER PROPERTY TRUST NEW TOWER TRUST COMPANY · EIN 52-6218800 / PN 001 | Common Collective Trust | — | $235K | $333K | 3.1% | |
| AFL-CIO BUILDING INVESTMENT TRUST GREAT GRAY TRUST COMPANY, LLC · EIN 52-6328901 / PN 001 | Common Collective Trust | — | $221K | $208K | 1.9% |