Original filing (PDF)20251009123008NAL0006579857001

IBEW LOCAL 38 401(K) RETIREMENT PLAN

Name: IBEW LOCAL 38 401(K) RETIREMENT PLAN — Form 5500 (2024)
Creator: IBEW LOCAL 38 401(K) RETIREMENT PLAN

Form 5500

FILING_RECEIVED

401(k) retirement plan

Active participants

2,194

Accounts w/ balance

2,350

Plan assets (EOY)

$168.3M

Net assets (EOY)

$168.0M

How this plan invests

This plan

11 pooled trusts

Schedule D

113 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 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

100

Total plan cost

Vendor stack

100

Participation health

100

Knocking points off

16 bps in Schedule C fees — 58% above peer band of 10 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for IBEW LOCAL 38 401(K) RETIREMENT PLAN.

Plan sponsor

Name

IBEW LOCAL 38 401(K) RETIREMENT PLAN

EIN

34-1619944

Address

3250 EUCLID AVENUE, ROOM 270 · CLEVELAND, OH · 44115

Phone

(216) 431-7738

Industry

Electrical Contractors· Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-09

Pension benefit codes

2G · Total participant-directed accounts

2J · 401(k) feature

Audit & trust (Schedule H)

Auditor

YURCHYK & DAVIS CPA'S, INC.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

5 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
TRANSAMERICA RETIREMENT SOLUTIONS	13-3689044	—	RECORD KEEPER	$110K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
SEGAL MARCO ADVISORS	—	CLEVELAND, OH	INVESTMENT CONSULTANT	$40K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
YURCHYK & DAVIS CPA'S, INC.	34-1638235	—	AUDITOR	$14K	—

Legal counsel

Name	EIN	Location	Relation	Direct comp	Indirect comp
ALLOTTA FARLEY CO., LPA	—	PERRYSBURG, OH	ATTORNEY	$16K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
IBEW LOCAL 38 FRINGE BENEFIT FUND	—	CLEVELAND, OH	COLLECTION FUND	$86K	—

Investments

107 direct securities · 11 pooled funds· $216.9M(100% 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.

Common Collective Trust

$109.6M

11 holdings

Uncategorized

$107.3M

107 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
[DFE: COMMINGLED PENSION TRUST FUND (SMARTRETIREMENT PASSIVE BLEND 2035) OF JPMORGAN CHASE BANK, N.A. (extraction pending)]	—	—	—	$24.9M	14.8%
SMARTRETD PSSV BLND 2035 CF JP MORGAN · EIN 26-1165348 / PN 001	Common Collective Trust	—	—	$24.9M	14.8%
COMMINGLED PENSION TRUST FUND (SMARTRETIREMENT PASSIVE BLEND 2030) OF JPMORGAN CHASE BANK, N.A.	—	—	—	$21.3M	12.6%
SMARTRETD PSSV BLND 2030 CF JP MORGAN · EIN 26-1165198 / PN 001	Common Collective Trust	—	—	$21.3M	12.6%
SMARTRETD PSSV BLND 2040 CF JP MORGAN · EIN 26-1165392 / PN 001	Common Collective Trust	—	—	$17.3M	10.3%
[DFE: COMMINGLED PENSION TRUST FUND (SMARTRETIREMENT PASSIVE BLEND 2025) OF JPMORGAN CHASE BANK, N.A. (extraction pending)]	—	—	—	$11.4M	6.8%
SMARTRETD PSSV BLND 2025 CF JP MORGAN · EIN 26-1165154 / PN 001	Common Collective Trust	—	—	$11.4M	6.8%
SMARTRETD PSSV BLND 2045 CF JP MORGAN · EIN 26-1165449 / PN 001	Common Collective Trust	—	—	$9.5M	5.6%
EQUITY INDEX FUND	—	—	—	$7.4M	4.4%
SMARTRETD PSSV BLND 2050 CF JP MORGAN · EIN 26-1165477 / PN 001	Common Collective Trust	—	—	$7.0M	4.2%
SMARTRETD PSSV BLND 2060 CF JP MORGAN · EIN 81-3239155 / PN 001	Common Collective Trust	—	—	$5.3M	3.2%
SMARTRETD PSSV BLND 2020 CF JP MORGAN · EIN 26-1165037 / PN 001	Common Collective Trust	—	—	$4.6M	2.8%
EQUITY INDEX FUND	—	—	—	$4.4M	2.6%
SMARTRETD PSSV BLND 2055 CF JP MORGAN · EIN 45-5590883 / PN 001	Common Collective Trust	—	—	$3.8M	2.2%
EAFE EQUITY INDEX FUND	—	—	—	$3.5M	2.1%
EQUITY INDEX FUND	—	—	—	$3.4M	2.0%
EQUITY INDEX FUND	—	—	—	$2.6M	1.5%
SMARTRETD PSSV BLND INC CF JP MORGAN · EIN 26-1164871 / PN 001	Common Collective Trust	—	—	$2.4M	1.4%
CORE PLUS BOND FUND	—	—	—	$2.2M	1.3%
INTECH INSTL U.S. ENHANCED PLUS EQ JANUS · EIN 01-6217141 / PN 401	Common Collective Trust	—	—	$2.1M	1.3%
EAFE EQUITY INDEX FUND	—	—	—	$2.1M	1.2%
EQUITY INDEX FUND	—	—	—	$1.8M	1.1%
EAFE EQUITY INDEX FUND	—	—	—	$1.6M	1.0%
CORE BOND FUND	—	—	—	$1.5M	0.9%
EAFE EQUITY INDEX FUND	—	—	—	$1.2M	0.7%
EQUITY INDEX FUND	—	—	—	$992K	0.6%
EAFE EQUITY INDEX FUND	—	—	—	$870K	0.5%
MID CAP EQUITY INDEX FUND	—	—	—	$803K	0.5%
CORE BOND FUND	—	—	—	$749K	0.4%
CORE PLUS BOND FUND	—	—	—	$742K	0.4%
CORE BOND FUND	—	—	—	$736K	0.4%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$639K	0.4%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$636K	0.4%
EQUITY INDEX FUND	—	—	—	$511K	0.3%
MID CAP EQUITY INDEX FUND	—	—	—	$488K	0.3%
CORE PLUS BOND FUND	—	—	—	$485K	0.3%
EAFE EQUITY INDEX FUND	—	—	—	$466K	0.3%
SMALL CAP EQUITY INDEX FUND	—	—	—	$404K	0.2%
MID CAP EQUITY INDEX FUND	—	—	—	$383K	0.2%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$380K	0.2%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$379K	0.2%
CORE PLUS BOND FUND	—	—	—	$360K	0.2%
HIGH YIELD FUND	—	—	—	$304K	0.2%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$296K	0.2%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$295K	0.2%
MID CAP EQUITY INDEX FUND	—	—	—	$291K	0.2%
U.S. REIT INDEX FUND	—	—	—	$282K	0.2%
CORE PLUS BOND FUND	—	—	—	$273K	0.2%
LIQUIDITY FUND	—	—	—	$264K	0.2%
CORE PLUS BOND FUND	—	—	—	$250K	0.1%
CORE BOND FUND	—	—	—	$247K	0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$247K	0.1%
HIGH YIELD FUND	—	—	—	$247K	0.1%
EAFE EQUITY INDEX FUND	—	—	—	$240K	0.1%
INFLATION MANAGED BOND FUND	—	—	—	$233K	0.1%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$224K	0.1%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$223K	0.1%
MID CAP EQUITY INDEX FUND	—	—	—	$206K	0.1%
LIQUIDITY FUND	—	—	—	$205K	0.1%
CORE PLUS BOND FUND	—	—	—	$194K	0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$194K	0.1%
U.S. REIT INDEX FUND	—	—	—	$168K	<0.1%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$159K	<0.1%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$159K	<0.1%
LIQUIDITY FUND	—	—	—	$156K	<0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$147K	<0.1%
U.S. REIT INDEX FUND	—	—	—	$131K	<0.1%
HIGH YIELD FUND	—	—	—	$127K	<0.1%
INFLATION MANAGED BOND FUND	—	—	—	$120K	<0.1%
CORE BOND FUND	—	—	—	$120K	<0.1%
LIQUIDITY FUND	—	—	—	$116K	<0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$104K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$104K	<0.1%
LIQUIDITY FUND	—	—	—	$103K	<0.1%
U.S. REIT INDEX FUND	—	—	—	$99K	<0.1%
LIQUIDITY FUND	—	—	—	$96K	<0.1%
CORE BOND FUND	—	—	—	$91K	<0.1%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$85K	<0.1%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$85K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$84K	<0.1%
LIQUIDITY OPTIMIZED HIGH YIELD FUND	—	—	—	$76K	<0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$73K	<0.1%
U.S. REIT INDEX FUND	—	—	—	$70K	<0.1%
MID CAP EQUITY INDEX FUND	—	—	—	$68K	<0.1%
CORE BOND FUND	—	—	—	$65K	<0.1%
LIQUIDITY FUND	—	—	—	$64K	<0.1%
HIGH YIELD FUND	—	—	—	$64K	<0.1%
LIQUIDITY OPTIMIZED HIGH YIELD FUND	—	—	—	$62K	<0.1%
EMERGING MARKETS EQUITY INDEX FUND	—	—	—	$44K	<0.1%
EMERGING MARKETS RESEARCH ENHANCED	—	—	—	$44K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$43K	<0.1%
U.S. REIT INDEX FUND	—	—	—	$38K	<0.1%
SMALL CAP EQUITY INDEX FUND	—	—	—	$37K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$35K	<0.1%
LIQUIDITY OPTIMIZED HIGH YIELD FUND	—	—	—	$32K	<0.1%
LIQUIDITY OPTIMIZED HIGH YIELD FUND	—	—	—	$32K	<0.1%
HIGH YIELD FUND	—	—	—	$24K	<0.1%
U.S. REIT INDEX FUND	—	—	—	$19K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$18K	<0.1%
HIGH YIELD FUND	—	—	—	$17K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$13K	<0.1%
EMERGING MARKETS - FIXED INCOME FND	—	—	—	$9K	<0.1%
FLOATING RATE INCOME FUND	—	—	—	$525	<0.1%
FLOATING RATE INCOME FUND	—	—	—	$195	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%
GLOBAL OPPORTUNITIES FUND	—	—	—	$0	<0.1%
SHORT DURATION CORE PLUS FUND	—	—	—	$0	<0.1%