Original filing (PDF)20260213151507NAL0001739825003

MICHIGAN BAC PENSION FUND

Name: MICHIGAN BAC PENSION FUND — Form 5500 (2024)
Creator: MICHIGAN BAC PENSION FUND

Form 5500

FILING_RECEIVED

Defined-benefit pension plan

Signals · 3

22% employer stockNo recordkeeper disclosed11 service providers

Active participants

1,097

Accounts w/ balance

—

Plan assets (EOY)

$195.0M

Net assets (EOY)

$194.1M

How this plan invests

This plan

9 pooled trusts

Schedule D

321 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 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

Total plan cost

Vendor stack

Participation health

100

Knocking points off

22% of plan in employer / sponsor stock.
49 bps in Schedule C fees — 394% above peer band of 10 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MICHIGAN BAC PENSION FUND.

Plan sponsor

Name

MICHIGAN BAC PENSION FUND

EIN

38-2895943

Address

700 TOWER DRIVE, SUITE 300 · TROY, MI · 480980000

Phone

(517) 321-7502

Industry

Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-05-01

Tax period

2025-04-30

Filed

2026-02-13

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

BENDA, GRACE, STULZ & COMPANY, P.C.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

11 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
BENESYS, INC.	38-2383171	—	NONE	$168K	—
LSV ASSET MANAGEMENT	20-0726879	—	NONE	$142K	—
NOVARA TESIJA, PLC	38-2823147	—	NONE	$114K	—
WEDGE CAPITAL PARTNERS	56-1557450	—	NONE	$110K	—
AMERICAN REALTY ADVISORS	95-4871432	—	NONE	$105K	—
COLUMBIA THREADNEEDLE INVESTMENTS	41-1533211	—	NONE	$101K	—
MORGAN STANLEY GLOBAL BANKING	38-1971448	—	NONE	$59K	—
UNITED ACTUARIAL SERVICES, INC.	38-2156428	—	NONE	$57K	—
TIC MIDWEST, LLC	93-4217445	—	NONE	$44K	—
NORTHERN TRUST	38-0056147	—	NONE	$35K	—
BENDA, GRACE, STULZ & COMPANY, P.C.	38-2284921	—	NONE	$25K	—

Investments

271 direct securities · 9 pooled funds· $184.4M(95% 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

$99.4M

264 holdings

103-12 Investment Entity

$49.2M

7 holdings

Common Collective Trust

$34.9M

2 holdings

Common Stocks

$1.0M

7 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
RUSSELL 1000 GROWTH INDEX FUND NORTHERN TRUST COMPANY · EIN 45-6138589 / PN 099	Common Collective Trust	—	$3.4M	$24.6M	12.6%
INTERNATIONAL VALUE EQUITY TRUST LSV ASSET MANAGEMENT · EIN 20-0726879 / PN 001	103-12 Investment Entity	—	$8.3M	$23.1M	11.8%
EMERGING MARKETS CORE EQUITY FUND DIMENSIONAL FUND ADVISORS · EIN 22-2370029 / PN 000	103-12 Investment Entity	—	$14.2M	$16.4M	8.4%
COLLECTIVE SHORT TERM INVESTMENT FD NORTHERN TRUST COMPANY · EIN 36-6036794 / PN 001	Common Collective Trust	—	$10.3M	$10.3M	5.3%
American Core Realty American Core Realty LLC Fund	—	—	$8.8M	$9.6M	4.9%
John Hancock International Gorwth I Fund	—	—	$6.6M	$8.0M	4.1%
Lord Abbett High Yield Fund	—	—	$7.2M	$7.4M	3.8%
Pimco Flexible Credit Income Fund	—	—	$5.7M	$6.3M	3.2%
Invesco Emerging Markets Local Debt Fund	—	—	$5.3M	$5.4M	2.7%
BH-DG Systmeatic Trading BH-DG Systematic Fund L.P.	—	—	$5.0M	$5.0M	2.6%
TOTAL RETURN BOND FUND DOUBLELINE · EIN 27-1927859 / PN 001	103-12 Investment Entity	—	$5.9M	$5.0M	2.6%
LONG TERM TREASURY INDEX FUND VANGUARD · EIN 90-6083974 / PN 083	103-12 Investment Entity	—	$7.1M	$4.6M	2.4%
Adams Street Partners ASP (Feeder) 2014 Global Fund	—	—	$105K	$3.9M	2.0%
EXCHANGE TRADED NOTE JP Morgan JP Morgan Alerian MLP Index ETN	—	—	$1.2M	$3.5M	1.8%
JP Morgan Investment Management Inc IIF ERISA Hedged, L.P.	—	—	$2.5M	$3.4M	1.8%
Ullico Infrastructure Tax Exempt Fund, L.P.	—	—	$2.5M	$3.1M	1.6%
Lexington Capital Partners LCP VIII (AIV 1) LP	—	—	$3.0M	$2.7M	1.4%
White Oak Summit Fund White Oak Summit Fund	—	—	$2.3M	$2.3M	1.2%
Invesco KBW High Dividend Yield Financial ETF Fund	—	—	$2.5M	$2.3M	1.2%
Bain Cap Specialty Fin Inc Common stock	—	—	$1.3M	$1.3M	0.7%
Apollo Investment Fund X	—	—	$894K	$1.0M	0.5%
Goldman Sachs Vintage IX B Offshore SCSP	—	—	$609K	$948K	0.5%
Amphenol Corp Common stock	—	—	$290K	$352K	0.2%
Fortinet Inc Common stock	—	—	$187K	$345K	0.2%
Godady Inc Common stock	—	—	$280K	$343K	0.2%
KLA Corporation Common stock	—	—	$227K	$332K	0.2%
Intuit Common stock	—	—	$242K	$323K	0.2%
Dropbox Inc Common stock	—	—	$352K	$322K	0.2%
Cadence Design Sys Inc Common stock	—	—	$129K	$318K	0.2%
Jabil Inc Common stock	—	—	$351K	$308K	0.2%
Paychex Inc Common stock	—	—	$238K	$304K	0.2%
Seagate Technology Holdings Common stock	—	—	$355K	$302K	0.2%
Amdocs Common stock	—	—	$290K	$302K	0.2%
F5 Inc Common stock	—	—	$245K	$300K	0.2%
Netapp Inc Common stock	—	—	$311K	$298K	0.2%
Northrop Grumman Corp Common stock	—	—	$315K	$298K	0.2%
Alphabet Inc Common stock	—	—	$326K	$295K	0.2%
Curtis Wright Corp Common stock	—	—	$312K	$295K	0.2%
Apple Inc Common stock	—	—	$180K	$291K	0.1%
Autodesk Inc Common stock	—	—	$265K	$289K	0.1%
Cisco Systems Inc Common stock	—	—	$283K	$288K	0.1%
SS&C Technologies Hldgs Inc Common stock	—	—	$320K	$280K	0.1%
Fabrinet Common stock	—	—	$328K	$277K	0.1%
Meta Platforms Inc Common stock	—	—	$240K	$268K	0.1%
F5 Inc Common stock	—	—	$184K	$252K	0.1%
Everest Group LTD Common stock	—	—	$203K	$246K	0.1%
Stride Inc Common stock	—	—	$241K	$243K	0.1%
Light & Wonder Inc Common stock	—	—	$276K	$242K	0.1%
Emcor Group Inc Common stock	—	—	$54K	$241K	0.1%
Block H & R Inc Common stock	—	—	$252K	$241K	0.1%
Tapestry Inc Common stock	—	—	$230K	$240K	0.1%
Life Time Group Hldgs Inc Common stock	—	—	$230K	$237K	0.1%
US Goods Hldg Corp Common stock	—	—	$249K	$236K	0.1%
Technipfmc Plc Common stock	—	—	$238K	$233K	0.1%
Globe Life Inc Common stock	—	—	$161K	$231K	0.1%
Urban Outfitters Inc Common stock	—	—	$241K	$229K	0.1%
New York Times Co Common stock	—	—	$217K	$229K	0.1%
Metropolitan Bk Hldg Corp Common stock	—	—	$148K	$228K	0.1%
Caseys Gen Stores Inc Common stock	—	—	$120K	$224K	0.1%
Ebay Inc Common stock	—	—	$213K	$222K	0.1%
Royal Caribbean Group Common stock	—	—	$108K	$221K	0.1%
Jazz Pharmaceutical Plc Common stock	—	—	$206K	$219K	0.1%
Fox Corp Common stock	—	—	$207K	$218K	0.1%
Gap Inc Common stock	—	—	$200K	$216K	0.1%
Ralph Lauren Corp CL A Common stock	—	—	$262K	$214K	0.1%
Lithia Mtrs Inc Common stock	—	—	$259K	$213K	0.1%
Urban Outfitters Inc Common stock	—	—	$156K	$211K	0.1%
Pfizer Inc Common stock	—	—	$232K	$211K	0.1%
Tenet Healthcare Corp Common stock	—	—	$149K	$209K	0.1%
Abbvie Inc Common stock	—	—	$143K	$208K	0.1%
Cencora Inc Common stock	—	—	$99K	$208K	0.1%
Continued Cardinal Hlth Inc Common stock	Common Stocks	—	$168K	$206K	0.1%
Insmed Inc Common stock	—	—	$88K	$205K	0.1%
Carnival Corp Common stock	—	—	$264K	$204K	0.1%
Teekay Tankers Ltd Common stock	—	—	$243K	$203K	0.1%
Garmin Ltd Common stock	—	—	$191K	$202K	0.1%
Aercap Holdings Common stock	—	—	$183K	$202K	0.1%
Quest Diagnostics Inc Common stock	—	—	$164K	$201K	0.1%
Olo Inc Common stock	—	—	$182K	$201K	0.1%
Dycom Inds Inc Common stock	—	—	$226K	$200K	0.1%
Brinker Intl inc Common stock	—	—	$187K	$199K	0.1%
Continued HCA Healthcare Inc Common stock	Common Stocks	—	$167K	$199K	0.1%
Group 1 Automotive Inc Common stock	—	—	$231K	$199K	0.1%
Universal Ins Hldgs Inc Common stock	—	—	$238K	$197K	0.1%
Equitable Hldgs Inc Common stock	—	—	$181K	$195K	<0.1%
The Hartford Insurance Group Inc Common stock	—	—	$116K	$194K	<0.1%
Excelerate Energy Inc Common stock	—	—	$162K	$192K	<0.1%
Fidelity Natl Finl Inc Common stock	—	—	$128K	$191K	<0.1%
Jones Lang Lasalle Inc Common stock	—	—	$223K	$191K	<0.1%
State Str Corp Common stock	Common Stocks	—	$159K	$190K	<0.1%
Dnow Inc Common stock	—	—	$127K	$190K	<0.1%
Royalty Pharma Plc Common stock	—	—	$188K	$186K	<0.1%
Lab Corp Amer Hldgs Common stock	Common Stocks	—	$157K	$186K	<0.1%
Southwest Gas Hldgs Inc Common stock	—	—	$187K	$186K	<0.1%
Synchrony Finl Common stock	—	—	$128K	$185K	<0.1%
Regions Finl Corp Common stock	—	—	$162K	$185K	<0.1%
United Therapeutics Corp Common stock	—	—	$162K	$184K	<0.1%
Cousins Pptys Inc Common stock	—	—	$179K	$183K	<0.1%
Option Care Health Inc Common stock	—	—	$189K	$183K	<0.1%
Payoneer Global Inc Common stock	—	—	$195K	$182K	<0.1%
Remitly Global Inc Common stock	—	—	$180K	$181K	<0.1%
Ameriprise Finl Inc Common stock	—	—	$93K	$180K	<0.1%
Jackson Financial Inc Common stock	—	—	$195K	$180K	<0.1%
Hologic Inc Common stock	—	—	$216K	$179K	<0.1%
Goldman Sachs Group Inc Common stock	—	—	$117K	$179K	<0.1%
Frontdoor Inc Common stock	—	—	$133K	$178K	<0.1%
Gilead Sciences Inc Common stock	—	—	$124K	$177K	<0.1%
Doubleverify Hldgs Inc Common stock	—	—	$280K	$176K	<0.1%
Prudential Finl Inc Common stock	—	—	$189K	$176K	<0.1%
Metlife Inc Common stock	—	—	$141K	$176K	<0.1%
Ralph Lauren Corp Common stock	—	—	$169K	$175K	<0.1%
Graham Hldgs Co Common stock	—	—	$173K	$175K	<0.1%
Citigroup Inc Common stock	—	—	$125K	$174K	<0.1%
MRC Global Inc Common stock	—	—	$185K	$173K	<0.1%
Perdoceo ED Corp Common stock	—	—	$94K	$173K	<0.1%
Val Natl Bancorp Common stock	—	—	$206K	$173K	<0.1%
Harmonic Inc Common stock	—	—	$170K	$171K	<0.1%
Ally Finl Inc Common stock	—	—	$218K	$170K	<0.1%
Yelp Inc Common stock	—	—	$186K	$170K	<0.1%
Davita Inc Common stock	—	—	$127K	$169K	<0.1%
Hanover Ins Group Inc Common stock	—	—	$165K	$168K	<0.1%
Rush Street Interactive Inc Common stock	—	—	$96K	$166K	<0.1%
Molson Coors Beverage Company Common stock	—	—	$175K	$164K	<0.1%
PRA Group Inc Common stock	—	—	$152K	$164K	<0.1%
Lamar Advertising Co CL A Common stock	—	—	$114K	$163K	<0.1%
Lyft Inc CL A Common stock	—	—	$182K	$162K	<0.1%
Western Alliance Bancorporation Common stock	—	—	$143K	$162K	<0.1%
Solventum Corp Common stock	—	—	$180K	$161K	<0.1%
Zions Bancorporation Common stock	—	—	$143K	$160K	<0.1%
Liveramp Holdings Inc Common stock	—	—	$181K	$160K	<0.1%
Flowserve Corp Common stock	—	—	$129K	$159K	<0.1%
Kirby Corp Common stock	—	—	$191K	$158K	<0.1%
Bread Financial Holdings Inc Common stock	—	—	$160K	$157K	<0.1%
Interface Inc Common stock	—	—	$206K	$155K	<0.1%
Virtu Finl Inc CL A Common stock	—	—	$72K	$153K	<0.1%
Sally Beauty Hldgs Inc Common stock	—	—	$209K	$151K	<0.1%
Skechers USA Inc Common stock	—	—	$221K	$148K	<0.1%
Dynatrace Inc Common stock	—	—	$170K	$147K	<0.1%
Healthstream Inc Common stock	—	—	$105K	$146K	<0.1%
Vital Farms Inc Common stock	—	—	$61K	$145K	<0.1%
Axalta Coating Systems Ltd Common stock	—	—	$142K	$134K	<0.1%
Springworks Therapeutics Inc Common stock	—	—	$106K	$130K	<0.1%
Cars Com Inc Common stock	—	—	$205K	$128K	<0.1%
Pure Storage Inc CL A Common stock	—	—	$101K	$128K	<0.1%
Merit Med Sys Inc Common stock	—	—	$90K	$127K	<0.1%
Dorman Prods Inc Common stock	—	—	$81K	$126K	<0.1%
Axogen Inc Common stock	—	—	$99K	$122K	<0.1%
Willdan Group Inc Common stock	—	—	$128K	$120K	<0.1%
American Eagle Outfitters Inc Common stock	—	—	$219K	$116K	<0.1%
Dave Inc Common stock	—	—	$102K	$110K	<0.1%
NMI Holdings Inc Common stock	—	—	$75K	$109K	<0.1%
Ring Energy Inc Common stock	—	—	$200K	$108K	<0.1%
Independent Bk Corp Common stock	—	—	$104K	$107K	<0.1%
Steelcase Inc CL A Common stock	—	—	$139K	$106K	<0.1%
Commvault Sys Inc Common stock	—	—	$35K	$106K	<0.1%
Continued News Corp CL A Common stock	Common Stocks	—	$65K	$104K	<0.1%
Essent Group LTD Common stock	—	—	$83K	$104K	<0.1%
Inspire Emd Sys Inc Common stock	—	—	$140K	$102K	<0.1%
Natera Inc Common stock	—	—	$41K	$99K	<0.1%
Commercial Metals Co Common stock	—	—	$85K	$98K	<0.1%
Riley Ecploration Permian Inc Common stock	—	—	$106K	$97K	<0.1%
Flywire Corp Common stock	—	—	$217K	$96K	<0.1%
Unisys Corp Common stock	—	—	$110K	$91K	<0.1%
Axos Finl Inc Common stock	—	—	$85K	$90K	<0.1%
Continued Travel Leisure Co Common stock	Common Stocks	—	$80K	$89K	<0.1%
Legalzoom Com Inc Common stock	—	—	$98K	$87K	<0.1%
Enersys Common stock	—	—	$65K	$87K	<0.1%
Royal Dutch Shell PLC Common stock	—	—	$73K	$85K	<0.1%
NRG Energy Inc Common stock	—	—	$41K	$85K	<0.1%
SM Energy Co Common stock	—	—	$121K	$82K	<0.1%
Livanova PLC Common stock	—	—	$121K	$81K	<0.1%
ADR BP PLC Common stock	—	—	$95K	$81K	<0.1%
International Money Express Inc Common stock	—	—	$132K	$79K	<0.1%
United Nat Foods Inc Common stock	—	—	$73K	$79K	<0.1%
Vistra Corp Common stock	—	—	$44K	$78K	<0.1%
NOV Inc Common stock	—	—	$83K	$77K	<0.1%
Evergy Inc Common stock	—	—	$67K	$75K	<0.1%
Bridgebio Pharma Inc Common stock	—	—	$64K	$75K	<0.1%
PPL Corp Common stock	—	—	$59K	$75K	<0.1%
Piedmont Office Realty Common stock	—	—	$89K	$74K	<0.1%
Halliburton Co Common stock	—	—	$133K	$74K	<0.1%
Ovintiv Inc Common stock	—	—	$105K	$74K	<0.1%
UGI Corp Common stock	—	—	$60K	$73K	<0.1%
Baker Hughes Co Common stock	—	—	$62K	$72K	<0.1%
Donaldson Inc Common stock	—	—	$69K	$72K	<0.1%
Firstenergy Corp Common stock	—	—	$69K	$72K	<0.1%
Sylvamo Corp Common stock	—	—	$73K	$71K	<0.1%
Neurocrine Biosciences Inc Common stock	—	—	$66K	$71K	<0.1%
Civitas Res Inc Common stock	—	—	$123K	$70K	<0.1%
Xcel Energy Inc Common stock	—	—	$63K	$70K	<0.1%
SM Energy Co Common stock	—	—	$52K	$70K	<0.1%
Schlumberger Ltd Common stock	—	—	$89K	$70K	<0.1%
NOV Inc Common stock	—	—	$94K	$70K	<0.1%
Murphy Oil Corp Common stock	—	—	$119K	$69K	<0.1%
Revolution Medicines Inc Common stock	—	—	$57K	$69K	<0.1%
Dominion Energy Inc Common stock	—	—	$67K	$69K	<0.1%
Tennant Co Common stock	—	—	$53K	$68K	<0.1%
Amcor PLC Common stock	—	—	$74K	$68K	<0.1%
Southwest Gas Hldgs Inc Common stock	—	—	$69K	$66K	<0.1%
T-Mobile US Inc Common stock	—	—	$30K	$66K	<0.1%

Showing top 200 of 280 investments by value.