Original filing (PDF)20251013105628NAL0002556706003

DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION

Name: DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION — Form 5500 (2024)
Creator: DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION

Form 5500

FILING_RECEIVED

Health & welfare plan

Signals · 2

38% in single holdingNo recordkeeper disclosed

Active participants

2,256

Accounts w/ balance

—

Plan assets (EOY)

$27.6M

Net assets (EOY)

$5.9M

How this plan invests

This plan

168 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

Total plan cost

100

Vendor stack

Participation health

100

Knocking points off

Top holding "Victory CEMP US 500 Vol WTD ETF, 134,137.0000 shares" is 38% of plan.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION.

Plan sponsor

Name

DETROIT POLICE BENEFIT & PROTECTIVE ASSOCIATION

EIN

38-1207801

Address

3031 WEST GRAND BLVD, SUITE 405 · DETROIT, MI · 48202

Phone

(313) 870-9301

Industry

Finance & Insurancesee 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

2025-10-13

Welfare benefit codes

4H · Long-Term Disability

4L · Death Benefits (other than life insurance)

Audit & trust (Schedule H)

Auditor

YEO & YEO PC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
COMERICA BANK	38-0477375	—	—	$56K	—
BERGER, GHERSI, & LADUKE PLC	38-2517534	—	—	$16K	—
YEO AND YEO PC	38-2706146	—	—	$7K	—

Investments

165 direct securities· $27.3M(99% of reported assets)

Uncategorized

$25.2M

163 holdings

Mutual Funds

$2.1M

1 holding

Corporate Bonds

$61K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
Victory CEMP US 500 Vol WTD ETF, 134,137.0000 shares	—	—	$5.3M	$10.4M	37.6%
Victory CEMP US Small Cap Volatility, 55,702.0000 shares	—	—	$2.2M	$3.8M	13.8%
Victory Trivalent Intern Fd Core Equity, 279,333.7440 shares	Mutual Funds	—	$2.0M	$2.1M	7.7%
United States Treasury Notes 4.125% due 9-30-27	—	—	$1.1M	$1.1M	4.1%
United States Treasury Notes 4.125% due 7-31-31	—	—	$630K	$601K	2.2%
United States Treasury Notes 4.25% due 6-30-20	—	—	$585K	$576K	2.1%
United States Treasury Notes 0.00% due 11-15-34	—	—	$415K	$415K	1.5%
United States Treasury Notes 1.25% due 5-31-28	—	—	$404K	$409K	1.5%
Short-term Investments Invesco STIT Treasury Institutional Pri Fund	—	—	$316K	$316K	1.1%
United States Treasury Notes 0.00% due 5-15-27	—	—	$271K	$274K	1.0%
United States Treasury Notes 4.125% due 10-31-26	—	—	$264K	$264K	1.0%
FNMA Pass-Thru I NBR 3140QLHL3 2.5% due 7-1-51	—	—	$279K	$249K	0.9%
FNMA Pass-Thru MBS 3140XKSC5 4.50% due 03-01-53	—	—	$233K	$226K	0.8%
Federal Home Ln Mtg Corp NBR 3132DWCZ4 2.0% due 1-1-52	—	—	$247K	$224K	0.8%
Federal Home Ln Mtg Corp 3133KPME5 4.50% due 6-1-52	—	—	$228K	$211K	0.8%
Federal Natl Mtg Assn 31418EBS8 2.50% due 2-1-52	—	—	$170K	$139K	0.5%
Federal Home Ln Mtg Corp NBR 3132DNJH7 3.50% due 3-1-52	—	—	$151K	$138K	0.5%
FNMA Pass-Thru I NBR 3140XD6M3 2.5% due 12-1-51	—	—	$141K	$118K	0.4%
Federal Natl Mtg Assn 3132DPNF1 4.50% due 10-01-52	—	—	$118K	$114K	0.4%
Federal Natl Mtg Assn 31418EGJ3 4.00% due 8-1-52	—	—	$114K	$112K	0.4%
Federal Home Ln Mtg Corp C07459 Gold Pool 3128M9TQ5 3.5% due 8-01-43	—	—	$113K	$111K	0.4%
Amgen Inc 5.15% due 03-02-28	—	—	$109K	$110K	0.4%
Capital One Finl Corp 4.927% due 5-10-28	—	—	$107K	$108K	0.4%
United States Treasury Notes 3.75% due 5-31-30	—	—	$107K	$106K	0.4%
FNMA Pass-Thru I NBR 3140X8JMO 2.0% due 11-1-50	—	—	$136K	$106K	0.4%
Federal Natl Mtg Assn GTD MTG NBR 3138WHWW8 3.00% due 9-1-46	—	—	$110K	$97K	0.4%
Morgan Stanley Variable due 4-19-35	—	—	$97K	$96K	0.3%
FNMA Pass-Thru NBR 3140QPAV9 4.00% due 5-1-52	—	—	$87K	$86K	0.3%
Bank America Corp Variable due 1-23-35	—	—	$81K	$81K	0.3%
Federal Home Ln Mtg Corp 3132DNZ48 4.00% due 10-1-52	—	—	$81K	$81K	0.3%
Realty Income Corp 5.625% due 10-13-32	—	—	$77K	$78K	0.3%
Federal Natl Mtg Assn GTD MTG NBR 3138WHST0 3.00% due 8-1-46	—	—	$87K	$77K	0.3%
Federal Natl Mtg Assn GTD MTG NBR 3138WJXK9 3.00% due 2-1-47	—	—	$87K	$77K	0.3%
Wells Fargo Comm Mort Tr 95000KBB0 2.918% due 11-15-49	—	—	$72K	$73K	0.3%
Federal Natl Mtg Assn GTD MTG NBR 3140FBCD0 3.50% due 7-1-46	—	—	$80K	$71K	0.3%
JPMorgan Chase & Co 3.509% due 1-23-29	—	—	$78K	$70K	0.3%
Federal Home Ln Mtg Corp 3133KPL63 4.00% due 6-1-52	—	—	$76K	$70K	0.3%
JPMorgan Chase & Co 5.717% due 9-14-33	—	—	$69K	$69K	0.3%
Energy Transfer Partners L P New 3.75% due 5-15-30	—	—	$66K	$69K	0.3%
Morgan Stanley 3.125% due 7.27-26	—	—	$64K	$65K	0.2%
Federal Natl Mtg Assn GTD MTG NBR 3140J9QR5 3.00% due 5-1-48	—	—	$73K	$65K	0.2%
Citigroup Comm Mortgage Tr 29425AAD5 3.778% due 9-10-58	—	—	$62K	$61K	0.2%
Abbvie Inc Sr Nt 5.05% due 3-15-34	Corporate Bonds	—	$62K	$61K	0.2%
Idex Corp 3.00% due 5-1-30	—	—	$59K	$61K	0.2%
Netflix Inc 4.90% due 8-15-34	—	—	$60K	$59K	0.2%
Fortinet Inc 2.2% due 3-15-31	—	—	$62K	$59K	0.2%
Georgia Pwr Co 5.25% due 3-15-34	—	—	$59K	$59K	0.2%
Wells Fargo Company 4.30% due 7-22-27	—	—	$68K	$58K	0.2%
Nexterra Energy Cap Holdings Inc 5% due 7-15-32	—	—	$59K	$58K	0.2%
Federal Home Ln Mtg Corp NBR 3133KLKJ5 2.0% due 3-1-51	—	—	$73K	$57K	0.2%
HCA Inc Sr Nt 5.45% due 9-15-34	—	—	$58K	$57K	0.2%
Broadcom Corp 4.150% due 11-15-30	—	—	$56K	$56K	0.2%
Federal Natl Mtg Assn GTD MTG NBR 3138WJXK9 3.00% due 2-1-47	—	—	$62K	$56K	0.2%
Federal Natl Mtg Assn GTD MTG NBR 3140J9EB3 4.00% due 10-1-48	—	—	$63K	$56K	0.2%
WEC Energy Group Inc 5.15% due 10-1-27	—	—	$55K	$56K	0.2%
Marriott Intl Inc 5.30% due 5-15-34	—	—	$55K	$56K	0.2%
A T Cap Corp 4.70% due 4-2-27	—	—	$55K	$55K	0.2%
Federal Home Ln Mtg Corp NBR 3133AGNK1 2.0% due 3-1-51	—	—	$68K	$54K	0.2%
Morgan Stanley Bk Amer Merrill 61691GAS9 3.72% due 12-15-49	—	—	$54K	$53K	0.2%
FNMA Pass-Thru I NBR 3140X92S3 2.0% due 3-1-51	—	—	$68K	$53K	0.2%
General Mills Inc 4.95% due 03-29-33	—	—	$53K	$52K	0.2%
CSAIL 2015-C3 Comm Mort Tr 12635FAT1 3.7182% due 8-15-48	—	—	$52K	$52K	0.2%
JPMCC Comm Mortgage Secs Tr 46590MAR1 2.8218% due 8-15-49	—	—	$53K	$51K	0.2%
JPMBB Comm Mortgage Secs Tr 46645LAY3 3.5761% due 3-15-49	—	—	$51K	$51K	0.2%
FNMA Pass-Thru I NBR 3140XAD82 2.0% due 3-1-51	—	—	$65K	$51K	0.2%
BAT Capital Corp 6.00% due 2-20-34	—	—	$48K	$49K	0.2%
L3Harris Technologies 5.05% due 6-1-29	—	—	$46K	$46K	0.2%
Foreign Bonds and Notes Arcelormittal Sa Luxembourg Sr Nt 03938LBG8	—	—	$45K	$46K	0.2%
Pfizer Invt Enterprises SR GLBL NT 33 716973AE2 4.75% due 05-19-33	—	—	$46K	$45K	0.2%
Occidental 5.375% due 1-1-32	—	—	$45K	$44K	0.2%
General Mtrs Finl Co Inc 5.85% due 04-06-30	—	—	$43K	$44K	0.2%
Ingredion Inc Sr Nt 3.2% due 10-1-26	—	—	$49K	$44K	0.2%
Old Rep Intl Corp 5.75% due 3-28-34	—	—	$43K	$43K	0.2%
American Express Co 4.989% due 5-26-33	—	—	$44K	$43K	0.2%
CSAIL 2015-C4 Comm Mort Tr 12635RAX6 3.8079% due 11-18-48	—	—	$42K	$43K	0.2%
Pioneer Natural Resources Co 1.125% due 1-15-26	—	—	$44K	$42K	0.2%
LYB International Fin 5.625% due 05-15-33	—	—	$42K	$42K	0.2%
NXP B V/NXP Funding LLC 52954HBB3 5.00% due 1-15-33	—	—	$43K	$42K	0.2%
Arrow Electronics Inc 5.875% due 4-10-34	—	—	$40K	$40K	0.1%
Electronic Arts 4.80% due 3-1-26	—	—	$48K	$40K	0.1%
FNMA Pass-Thru NBR 3140XGXU8 2.50% due 4-1-52	—	—	$42K	$39K	0.1%
Wells Fargo Comm Mort Tr 95001FAX3 3.631% due 1-15-60	—	—	$36K	$38K	0.1%
Realty Income Corp Sr 3.20% due 1-15-27	—	—	$37K	$38K	0.1%
Alleghany Corp New 3.625% due 5-15-30	—	—	$40K	$38K	0.1%
Regeneron Pharmaceuticals Inc 1.75% due 9-15-30	—	—	$45K	$37K	0.1%
Steel Dynamics Inc 5.375% due 8-15-	—	—	$37K	$37K	0.1%
Federal Home Ln Mtg Corp NBR 3133KJJP8 2.50% due 7-1-50	—	—	$46K	$37K	0.1%
Broadcom Corp 3.875% due 1-15-27	—	—	$40K	$36K	0.1%
Citigroup Comm Mortgage Tr 29429EAD3 2.902% due 7-12-49	—	—	$38K	$36K	0.1%
Verizon Communications 3.15% due 3-22-30	—	—	$37K	$36K	0.1%
Citigroup Comm Mortgage NBR 17328RBB4 2.918% due 1-15-53	—	—	$42K	$35K	0.1%
FNMA POOL MA5139 31418EV98 6.00% due 9-1-53	—	—	$34K	$34K	0.1%
Acuity Brands LTG INC 2.15% due 12-15-30	—	—	$33K	$34K	0.1%
Aflac Inc 2.875% due 10-15-26	—	—	$33K	$32K	0.1%
FNMA Pass-Thru NBR 3140QNT36 3.50% due 4-1-52	—	—	$32K	$31K	0.1%
Kite Rlty Group 4.00% due 10-1-26	—	—	$33K	$31K	0.1%
Public Service Elec & Gas .95% due 3-15-26	—	—	$31K	$30K	0.1%
Regions Finl Corp 1.8% due 8-12-28	—	—	$33K	$29K	0.1%
O Reilly Automotive Inc 4.7% due 6-15-32	—	—	$30K	$29K	0.1%
Comm 2015-Ccre25 Mort Tr 12593PAW2 3.759% due 8-10-48	—	—	$29K	$28K	0.1%
Pioneer Natural Resources Co 1.90% due 8-15-30	—	—	$32K	$27K	<0.1%
Wells Fargo Comm Mort Tr 94989NBE6 3.664% due 9-15-58	—	—	$28K	$27K	<0.1%
CSAIL 2016-C6 Comm Mort Tr 12636MAE8 3.0898% due 1-15-49	—	—	$28K	$26K	<0.1%
Phillips 66 Co 5.3% due 6-30-33	—	—	$26K	$26K	<0.1%
Reliance Steel & Aluminum Co 2.15% due 8-15-30	—	—	$31K	$26K	<0.1%
Ameren Illinois Company 1.55% due 11-15-30	—	—	$30K	$25K	<0.1%
Northern Trust Corp 3.95% due 10-30-25	—	—	$26K	$25K	<0.1%
Ross Stores Inc 0.875% due 4-15-26	—	—	$26K	$25K	<0.1%
CFCRE 2016 C-4 Mtg Tr CMO 12531YAN8 3.283% due 5-10-58	—	—	$25K	$25K	<0.1%
GS Mortgage Secs Tr 2016-Gs2 CMO 36252TAR6 3.05% due 5-10-49	—	—	$26K	$24K	<0.1%
Federal Natl Mtg Assn GTD MTG NBR 3138WJ5W4 4.00% due 3-1-47	—	—	$28K	$24K	<0.1%
Dell International L.L.C. And Em 5.25% due 02-01-28	—	—	$24K	$24K	<0.1%
Comcast Corp 2.65% due 2-1-30	—	—	$27K	$24K	<0.1%
Citigroup Comm Mortgage Tr 17324DAU8 3.717% due 9-17-48	—	—	$25K	$24K	<0.1%
US Government Obligations United States Treasury Notes 4.00% due 2-29-2028	—	—	$24K	$24K	<0.1%
Wells Fargo Comm Mort Tr 95000AAU1 3.809% due 12-17-48	—	—	$25K	$24K	<0.1%
Edwards Lifesciences Corp 4.30% due 6-15-28	—	—	$28K	$23K	<0.1%
United States Treasury Notes 4.625% due 6-15-27	—	—	$23K	$23K	<0.1%
Nvr Inc 3% due 5-15-30	—	—	$23K	$23K	<0.1%
AT&T Inc 2.30% due 6-1-27	—	—	$22K	$21K	<0.1%
Federal Home Ln Mtg Corp Multicl 4/1/2015 3137BHLU9 2.5% due 7-15-2039	—	—	$22K	$21K	<0.1%
JPMBB Comm Mortgage SECS TR 46644YAU43.8014% due 8-15-48	—	—	$21K	$20K	<0.1%
CSAIL 2016-C7 Comm Mort Tr 12637UAW9 3.502% due 11-15-49	—	—	$22K	$20K	<0.1%
Chevron Usa Inc 3.85% due 1-15-28	—	—	$23K	$20K	<0.1%
Air Lease Corporation 2.875% due 1-15-26	—	—	$20K	$20K	<0.1%
Camden Ppty Tr 4.10% due 10-15-28	—	—	$20K	$19K	<0.1%
Bank Of America Corp 2.572% due 10-20-32	—	—	$23K	$19K	<0.1%
Goldman Sachs Group Inc 3.50% due 1-23-25	—	—	$20K	$19K	<0.1%
Bank Of America Corp 3.248% due 10-21-27	—	—	$19K	$19K	<0.1%
Arizona Pub Svc Co 2.95% due 9-15-27	—	—	$20K	$19K	<0.1%
Truist Financial Corporation 1.887% due 6-7-29	—	—	$21K	$19K	<0.1%
Physicians Rlty L P 3.95% due 1-15-28	—	—	$20K	$18K	<0.1%
Church Dwight Co., Inc 2.3% due 12-15-31	—	—	$22K	$18K	<0.1%
CFCRE 2016 C-3 Mtg Tr CMO 12531WBA9 3.597% due 1-10-48	—	—	$18K	$18K	<0.1%
Royal Bk CDA Fr 78017FZT3 Standard & Poo'rs	—	—	$18K	$18K	<0.1%
Aptiv Plc 3.25% due 3-1-32	—	—	$18K	$17K	<0.1%
Oracle Corp Sr 4.7% due 9-27-34	—	—	$18K	$17K	<0.1%
Altria Group Inc 4.40% due 2-14-26	—	—	$18K	$17K	<0.1%
Stryker Corporation 4.625% due 9-11-34	—	—	$17K	$16K	<0.1%
JPMorgan Chase & Co 2.545% due 11-8-32	—	—	$19K	$16K	<0.1%
Essential Properties LP 2.95% due 7-15-31	—	—	$17K	$15K	<0.1%
Oshkosh Corp 3.10% due 1-3-30	—	—	$16K	$15K	<0.1%
Physicans Rlty L P 2.625% due 11-1-31	—	—	$17K	$14K	<0.1%
Pulte 5.0% due 1-15-27	—	—	$16K	$14K	<0.1%
GNMA I & II POOL #557301 6.75% due 5-15-31	—	—	$14K	$14K	<0.1%
Government Natl Mtg Assn CMO NBR 38381XPH3 3.00% due 6-20-43	—	—	$14K	$14K	<0.1%
Mondelez Intl 4.75% due 8-28-34	—	—	$14K	$13K	<0.1%
Newmont Mng Corp 2.6% due 7-15-32	—	—	$15K	$13K	<0.1%
Micron Technology Inc 5.327% due 2-6-29	—	—	$15K	$12K	<0.1%
Citigroup Inc 4.45% due 9-29-27	—	—	$13K	$12K	<0.1%
Regency 2.95% due 9-15-29	—	—	$12K	$11K	<0.1%
Government Natl Mtg Assn CMO NBR 38379A6E5 2.50% due 7-16-41	—	—	$10K	$10K	<0.1%
GNMA POOL #565166 6.50% due 10-15-33	—	—	$10K	$10K	<0.1%
Federal Natl Mtg Assn GTD MTG NBR 3140F8H75 3.00% due 8-1-46	—	—	$11K	$9K	<0.1%
AT&T Inc 4.25% due 3-1-27	—	—	$10K	$9K	<0.1%
Kite Rlty Group 4.95% due 12-15-31	—	—	$9K	$9K	<0.1%
Federal Natl Mtg Assn GTD REMIC 3136AA2X2 1.5% due 1-25-28	—	—	$8K	$8K	<0.1%
Amgen Inc 2.0% due 1-15-32	—	—	$9K	$8K	<0.1%
United States Treasury Notes 4.25% due 2-28-29	—	—	$6K	$6K	<0.1%
GNMA POOL #781577 6.5% due 3-15-33	—	—	$5K	$5K	<0.1%
GNMA POOL #781276 6.50% due 4-15-31	—	—	$5K	$5K	<0.1%
GNMA POOL #570444 6.50% due 10-15-31	—	—	$4K	$4K	<0.1%
GNMA POOL #781029 6.50% due 5-15-29	—	—	$3K	$3K	<0.1%
GNMA POOL #460992 7.00% due 11-15-27	—	—	$1K	$1K	<0.1%
GNMA POOL #501873 6.00% due 4-15-29	—	—	$1K	$1K	<0.1%