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Original filing (PDF)20251014201007NAL0001812083001
KEARNEY-NATIONAL, INC.
Form 5500
FILING_RECEIVED
PENSION PLAN FOR HOURLY EMPLOYEES EMPLOYED BY THE HAPCO DIVISION OF KEARNEY-NATIONAL, INC.
Defined-benefit pension plan
Signals · 2
36% in single holdingNo recordkeeper disclosed
Active participants
149
Accounts w/ balance
—
Plan assets (EOY)
$10.7M
Net assets (EOY)
$10.7M
How this plan invests
This plan
10 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 "Fidelity 500 Index Fd Mutual Fund" is 36% of plan.
- 62 bps in Schedule C fees — 115% 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 KEARNEY-NATIONAL, INC..
Plan sponsor
Name
KEARNEY-NATIONAL, INC.
EIN
36-2392007
Address
2515 SOUTH ROAD, 5TH FLOOR · POUGHKEEPSIE, NY · 12601
Phone
(212) 885-1679
Industry
Manufacturingsee 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
2025-10-14
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
CITRIN COOPERMAN & COMPANY, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MILLIMAN, INC. | 91-0675641 | — | NONE | $61K | — |
| CHARLES SCHWAB BANK | 82-3967259 | — | NONE | $6K | — |
Investments
10 direct securities· $10.7M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fd Mutual Fund | — | — | $2.5M | $3.8M | 35.7% | |
| Pimco Income Fd Institutional Cl Mutual Fund | — | — | $3.5M | $3.1M | 29.2% | |
| Fidelity Intl Index Fd Mutual Fund | — | — | $1.1M | $1.1M | 10.3% | |
| DFA GLBL Real Estate SEC Port Inst Mutual Fund | — | — | $670K | $590K | 5.5% | |
| Vanguard Small Cap Growth Index Admiral Mutual Fund | — | — | $231K | $450K | 4.2% | |
| Vanguard Mid-Cap Growth Index Admiral Mutual Fund | — | — | $187K | $445K | 4.1% | |
| Fuller & Thaler Behavioral Sm Cap Eq R6 Mutual Fund | — | — | $272K | $425K | 4.0% | |
| Carillon Scout Mid Cap Fd I Mutual Fund | — | — | $299K | $332K | 3.1% | |
| Invesco Oppenheimer Dev Mkts Fd Y Mutual Fund | — | — | $298K | $290K | 2.7% | |
| Charles Schwab Bank Sweep for Employee Interest-bearing cash | — | — | $119K | $119K | 1.1% |
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