Back to filter
Original filing (PDF)20251015123017NAL0002410595001
CITIZENS ENERGY GROUP
Form 5500
FILING_RECEIVED
PENSION PLAN FOR COLLECTIVELY BARGAINED INDIANAPOLIS WATER EMPLOYEES
Defined-benefit pension plan
Signals · 2
49% in single holding~409 bps in Sched C fees
Active participants
41
Accounts w/ balance
—
Plan assets (EOY)
$7.8M
Net assets (EOY)
$7.8M
How this plan invests
This plan
1 pooled trust
Schedule D
5 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
76
Total plan cost
65
Vendor stack
75
Participation health
100
Knocking points off
- Top holding "Fidelity Short Term Bond Fund" is 49% of plan.
- 409 bps in Schedule C fees — 687% above peer band of 52 bps.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CITIZENS ENERGY GROUP.
Plan sponsor
Name
CITIZENS ENERGY GROUP
EIN
35-6000930
Address
2020 N. MERIDIAN STREET · INDIANAPOLIS, IN · 46202
Phone
(317) 927-4358
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
005
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
KATZ, SAPPER, & MILLER LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsOther
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER (US) LLC | 13-2834414 | — | NONE | $226K | — |
| FAEGRE DRINKER BIDDLE & REATH LLP | 41-0244008 | — | NONE | $86K | — |
| PRINCIPAL TRUST COMPANY | 51-0099493 | — | NONE | $8K | — |
Investments
4 direct securities · 1 pooled fund· $7.8M(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.
Uncategorized
$7.5M
4 holdings
Common Collective Trust
$286K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Short Term Bond Fund | — | — | $3.8M | $3.8M | 48.7% | |
| Vanguard Intermediate Term Bond Fund | — | — | $2.6M | $2.6M | 33.0% | |
| REGISTERED INVESTMENT COMPANIES Fidelity Long Term Bond Fund | — | — | $794K | $753K | 9.6% | |
| MONEY MARKET FUND SHARES * Vanguard Prime Money Market Fund | — | — | $395K | $395K | 5.1% | |
| PRINCIPAL SHORT TERM INVESTMENT A PRINCIPAL FINANCIAL GROUP INC · EIN 41-6292499 / PN 001 | Common Collective Trust | — | $286K | $286K | 3.7% |