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Original filing (PDF)20251010061511NAL0004383203004
TRUSTEES OF STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND
Form 5500
FILING_RECEIVED
STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND
Health & welfare plan
Signals · 4
36% in single holding~401 bps in Sched C feesNo recordkeeper disclosed16 service providers
Active participants
1,051
Accounts w/ balance
—
Plan assets (EOY)
$51.0M
Net assets (EOY)
$47.7M
How this plan invests
This plan
3 pooled trusts
Schedule D
29 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 "NIS Core Fixed income QP Fund" is 36% of plan.
- 401 bps in Schedule C fees — 2404% 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 TRUSTEES OF STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND.
Plan sponsor
Name
TRUSTEES OF STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND
EIN
36-2196735
Address
7700 INDUSTRIAL DRIVE · FOREST PARK, IL · 601302520
Phone
(708) 366-1188
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4L · Death Benefits (other than life insurance)
Audit & trust (Schedule H)
Auditor
LEGACY PROFESSIONALS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
16 rowsOther
16| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ILLINOIS | 36-1236610 | — | NONE | $669K | — |
| GROUP ADMINISTRATORS, LTD | 36-3381052 | — | NONE | $410K | — |
| EXPRESS SCRIPTS | 43-1420563 | — | NONE | $241K | — |
| JOHNSON & KROL | 36-4342024 | — | NONE | $132K | — |
| REMEDY ANALYTICS | 45-3151617 | — | NONE | $120K | — |
| CARI SONNEFELDT | 36-2196735 | — | EMPLOYEE | $99K | — |
| FOSTER & FOSTER | 59-1921114 | — | NONE | $72K | — |
| LEGACY PROFESSIONALS | 32-0043599 | — | NONE | $69K | — |
| NATIONAL INVESTMENT SERVICES | 84-3937993 | — | NONE | $60K | — |
| KINGA PILCH | 36-2196735 | — | EMPLOYEE | $39K | — |
| JOHN GARDINER | 36-2196735 | — | EMPLOYEE | $38K | — |
| TELUS HEALTH | 52-1883918 | — | NONE | $33K | — |
| DELTA DENTAL | 36-2612058 | — | NONE | $25K | — |
| VISION SERVICE PLAN | 20-0891619 | — | NONE | $22K | — |
| MARQUETTE CONSULTING | 36-3485298 | — | NONE | $10K | — |
| INTERACTIVE HEALTH BENEFITS/ACA TR. | 46-4238992 | — | NONE | $6K | — |
Investments
26 direct securities · 3 pooled funds· $52.4M(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
$27.5M
3 holdings
Uncategorized
$20.8M
24 holdings
Mutual Funds
$2.2M
1 holding
OTHER
$1.9M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NIS CORE INCOME QP FUND LLC NATIONAL INVESTMENT SERVICES OF AMERICA LLC · EIN 82-4028492 / PN 001 | Common Collective Trust | — | $19.5M | $18.9M | 37.0% | |
| Baird Core Plus Bond Fund | — | — | $9.9M | $8.6M | 16.8% | |
| COMERICA LARGE CAP INDEX FUND COMERICA BANK AND TRUST, NATIONAL ASSOCIATION · EIN 36-7726328 / PN 001 | Common Collective Trust | — | $7.7M | $7.3M | 14.3% | |
| Short-term Investments Goldman Sachs Financial Square Fund Variable n/a | — | — | $2.5M | $2.5M | 4.9% | |
| Neuberger Berman U.S. Equity Index PutWrite Strategy Fund | — | — | $2.4M | $2.3M | 4.5% | |
| Fidelity Total International Index Fund | Mutual Funds | — | $2.3M | $2.2M | 4.3% | |
| Limited Partnership PRISA II LP | — | — | $2.2M | $2.1M | 4.0% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION BEGINNING ENDING }}}}}}}}}}} }}}}}}}}}}}}}} REAL ESTATE INVESTMENT TRUST | — | — | $2.3M | $1.9M | 3.8% | |
| RREEF America REIT II | OTHER | — | $2.0M | $1.9M | 3.8% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} PRESCRIPTION REBATES | — | — | — | $1.7M | 3.2% | |
| NIS HIGH YIELD QP FUND NATIONAL INVESTMENT SERVICES OF AMERICA LLC · EIN 82-4051841 / PN 001 | Common Collective Trust | — | $1.2M | $1.4M | 2.7% | |
| PRESCRIPTION DRUG REBATES | — | — | $1.8M | $1.1M | 2.1% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} REIMBURSEMENT OF SHARED EXPENSES | — | — | — | $188K | 0.4% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION BEGINNING ENDING }}}}}}}}}}} }}}}}}}}}}}}}} RECIPROCAL CONTRIBUTION PAYABLE | — | — | $178K | $165K | 0.3% | |
| COMPUTER CONSULTING 285. RX CONSULTANT | — | — | — | $120K | 0.2% | |
| PREPAID EXPENSES | — | — | $29K | $65K | 0.1% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} EMPLOYEE ASSISTANCE PROGRAM | — | — | — | $33K | <0.1% | |
| PRINTING AND STATIONERY 263. RENT AND UTILITIES | — | — | — | $21K | <0.1% | |
| DUES AND SUBSCRIPTIONS 843. INSURANCE AND BONDING | — | — | — | $20K | <0.1% | |
| OFFICE EXPENSES | — | — | — | $19K | <0.1% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION BEGINNING ENDING }}}}}}}}}}} }}}}}}}}}}}}}} ACCRUED INTEREST AND DIVIDENDS | — | — | $17K | $18K | <0.1% | |
| WELLNESS PROGRAM | — | — | — | $15K | <0.1% | |
| MISCELLANEOUS EXPENSE | — | — | — | $11K | <0.1% | |
| FEES MANDATED BY ACA | — | — | — | $9K | <0.1% | |
| DUE TO RELATED ORGANIZATION | — | — | — | $7K | <0.1% | |
| OUTSIDE SERVICES | — | — | — | $7K | <0.1% | |
| MISCELLANEOUS INCOME | — | — | — | $4K | <0.1% | |
| ~~~~~~~~~~~~~~ 29 STATEMENT(S) 1, 2, 3, 4 09221007 769095 JAK1395 | — | — | — | $2K | <0.1% | |
| DUE FROM PENSION FUND 0. | — | — | — | $2K | <0.1% |
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