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Original filing (PDF)20251015075716NAL0008586834001

GRAPHIC COMMUNICATIONS UNION LOCAL 2-C RETIREMENT PLAN

Form 5500
FILING_RECEIVED
GRAPHIC COMMUNICATIONS UNION LOCAL 2-C RETIREMENT BENEFIT PLAN
Defined-benefit pension plan
Signals · 1
6 service providers
Active participants
1
Accounts w/ balance
Plan assets (EOY)
$32.3M
Net assets (EOY)
$32.3M
How this plan invests
This plan
153 securities
funds · stocks · CUSIPs

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

Plan health score (directional)
91
/ 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
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
  • 62 bps in Schedule C fees — 113% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GRAPHIC COMMUNICATIONS UNION LOCAL 2-C RETIREMENT PLAN.
Plan sponsor
Name
GRAPHIC COMMUNICATIONS UNION LOCAL 2-C RETIREMENT PLAN
EIN
38-6047082
Address
11420 EAST NINE MILE RD. · WARREN, MI · 48089
Phone
(586) 755-8041
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
SHINDEL ROCK & ASSOCIATES, P.C.
Trustee / custodian
Trustee phone

Service providers (Schedule C)

6 rows
Other
6
NameEINLocationRelationDirect compIndirect comp
WATKINS ROSS38-1477362GRAND RAPIDS, MINONE$41K
HUDSON EDGE INVESTMENT PARTNERS,INC52-1296988JERSEY CITY, NJNONE$40K
COMERICA BANK38-0477375DETROIT, MINONE$35K
PPPWU OF NORTH AMERICA13-4262783WARREN, MIRELATED LOCAL UNION$31K
SHINDELROCK38-2954392NOVI, MINONE$27K
JAY W. TOWER, ESQ.20-1703648HUNTINGTON WOODS, MINONE$26K

Investments

153 direct securities· $31.8M(98% of reported assets)
PIInvestmentTypeShares / unitsCostCurrent value% of plan
FHLMC 3.5% 04/25/2052 DTD 3/1/2022 3.50% 4/25/2052 FHLMC 3.5% 04/25/2052 DTD 3/1/2022 3.50% 4/25/2052$1.4M$1.4M4.3%
FANNIEMAE-ACES CMO 2.25% 07/25/2050 FANNIEMAE-ACES CMO 2.25% 07/25/2050$1.4M$1.4M4.3%
SCHWAB STRATEGIC TR SCHWB FDT US U.S. LARGE-CAP GROWTH SCHWAB STRATEGIC TR SCHWB FDT US U.S. LARGE-CA$1.1M$1.1M3.4%
KEY BANK NA 4.15% 08/08/2025 KEY BANK NA 4.15% 08/08/2025$969K$995K3.1%
BROADCOM INC PP 144A 4.926% 05/15/2037 BROADCOM INC PP 144A 4.926% 05/15/2037$968K$951K2.9%
ENERGY TRANSFER PARTNERS L P NEW 3.75% 05/15/2030-2030 ENERGY TRANSFER PARTNERS L P NEW 3.75% 05/15/203$929K$933K2.9%
PROLOGIS L P 2.25% 04/15/2030-2030 PROLOGIS L P 2.25% 04/15/2030-2030$874K$875K2.7%
NVIDIA CORP 2% 06/15/2031-2031 NVIDIA CORP 2% 06/15/2031-2031$857K$850K2.6%
JPMORGAN CHASE & CO 1.764% DTD 11/19/2020 1.764% 11/19/2031 JPMORGAN CHASE & CO 1.764% DTD 11/19/2020 1.764% 1$810K$831K2.6%
DEVON ENERGY SR NT 4.75% 05/15/2042-2041 DEVON ENERGY SR NT 4.75% 05/15/2042-2041$874K$830K2.6%
GOLDMAN SACHS GROUP INC 1.992% 01/27/2032-2031 GOLDMAN SACHS GROUP INC 1.992% 01/27/2032-2031$808K$825K2.6%
INTERCONTINENTALEXCHANGE GROUP I 4.25% 09/21/2048-2048 INTERCONTINENTALEXCHANGE GROUP I 4.25% 09/21/2048$895K$809K2.5%
UNITED STATES TREASURY NOTE DTD 08/15/2024 0.00% 08/15/2034 UNITED STATES TREASURY NOTE DTD 08/15/2024 0.00% 0$829K$771K2.4%
MORGAN STANLEY 3.217% DTD 4/22/2021 3.217% 4/22/2042 MORGAN STANLEY 3.217% DTD 4/22/2021 3.217% 4/22/204$769K$739K2.3%
AON CORPORATION / AON GLOBAL HOL 3.9% 02/28/2052-2051 AON CORPORATION / AON GLOBAL HOL 3.9% 02/28/2052-$795K$734K2.3%
GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT INST GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT INS$725K$725K2.2%
VALERO ENERGY CORP 4% 06/01/2052-2051 VALERO ENERGY CORP 4% 06/01/2052-2051$770K$713K2.2%
NIKE INC SNR PIDI NTS 27/03/2050 USD (SEC REGD) 3.375% 03/27/2050 NIKE INC SNR PIDI NTS 27/03/2050 USD (SEC REGD) 3.375$817K$704K2.2%
LINCOLN NATL CORP 3.05% 01/15/2030-2029 LINCOLN NATL CORP 3.05% 01/15/2030-2029$652K$675K2.1%
CITIGROUP INC 2.52% DTD 11/3/2021 2.52% 11/3/2032 CITIGROUP INC 2.52% DTD 11/3/2021 2.52% 11/3/2032$639K$646K2.0%
AT&T INC 3.5% 02/01/2061-2060 AT&T INC 3.5% 02/01/2061-2060$696K$639K2.0%
ORACLE CORPORATION 3.8% 11/15/2037-2037 ORACLE CORPORATION 3.8% 11/15/2037-2037$634K$626K1.9%
BAT CAPITAL CORP SR 6.00% 02/20/2034 CALLABLE BAT CAPITAL CORP SR 6.00% 02/20/2034 CALLABLE$620K$616K1.9%
WESTERN MIDSTREAM 5.45% 11/15/2034 CALLABLE WESTERN MIDSTREAM 5.45% 11/15/2034 CALLABLE$633K$613K1.9%
AMAZON COM INC 2.5% 06/03/2050-2049 AMAZON COM INC 2.5% 06/03/2050-2049$665K$597K1.8%
HOME DEPOT INC 2.375% 03/15/2051-2050 HOME DEPOT INC 2.375% 03/15/2051-2050$631K$566K1.8%
ALPHABET INC 2.05% 08/15/2050-2050 ALPHABET INC 2.05% 08/15/2050-2050$625K$554K1.7%
CITIGROUP INC 3.875% 03/26/2025 CITIGROUP INC 3.875% 03/26/2025$545K$554K1.7%
EQUIFAX INC 2.6% 12/15/2025-2025 EQUIFAX INC 2.6% 12/15/2025-2025$477K$490K1.5%
WESTERN MIDSTREAM OPERATING LP 5.5% 02/01/2050-2049 WESTERN MIDSTREAM OPERATING LP 5.5% 02/01/2050-2$480K$468K1.4%
MID-AMERICA APTS 5.00% 03/15/2034 CALLABLE MID-AMERICA APTS 5.00% 03/15/2034 CALLABLE$373K$365K1.1%
BK OF AMERICA CORP FR 2.482% DTD 9/21/2021 2.482% 9/21/2036 BK OF AMERICA CORP FR 2.482% DTD 9/21/2021 2.482% 9$326K$338K1.0%
HSBC HOLDNGS PLC FXD-FRN SNR PIDI 22/05/2030 USD (SEC REGD) 3.973% 05/22/2030-2029 HSBC HOLDNGS PLC FXD-FRN SNR PIDI 22/05/2030 USD (S$327K$330K1.0%
KYNDRYL HOLDINGS INC 3.15% 10/15/2031-2031 KYNDRYL HOLDINGS INC 3.15% 10/15/2031-2031$319K$330K1.0%
JEFFRIES FINANCIAL GROUP INC 2.625% 10/15/2031-2031 JEFFRIES FINANCIAL GROUP INC 2.625% 10/15/2031-2031$323K$329K1.0%
FORD MOTOR 3.25% 02/12/2032-2031 FORD MOTOR 3.25% 02/12/2032-2031$318K$329K1.0%
BARCLAYS PLC BARCLAYS PLC$326K$328K1.0%
CHENIERE ENERGY PARTNERS L P 3.25% 01/31/2032-2027 CHENIERE ENERGY PARTNERS L P 3.25% 01/31/2032-2027$320K$325K1.0%
PUBLIC SVC ENTERPRISE 5.45% 04/01/2034 CALLABLE PUBLIC SVC ENTERPRISE 5.45% 04/01/2034 CALLABLE$324K$324K1.0%
EQT CORP SR NT 5.75% 02/01/2034 CALLABLE EQT CORP SR NT 5.75% 02/01/2034 CALLABLE$317K$323K1.0%
PHILIP MORRIS INTL INC 1.75% 11/01/2030-2030 PHILIP MORRIS INTL INC 1.75% 11/01/2030-2030$315K$319K1.0%
UNUM GROUP SR NT 6.00% 06/15/2054 CALLABLE UNUM GROUP SR NT 6.00% 06/15/2054 CALLABLE$313K$311K1.0%
UNITED STATES TREAS NTS 05/15/2034 Ser C-2034 DTD 5/15/2024 4.375% 5/15/20 UNITED STATES TREAS NTS 05/15/2034 Ser C-2034 DTD 5/$317K$310K1.0%
DEVON ENERGY CORP 5.2% 09/15/2034 CALLABLE DEVON ENERGY CORP 5.2% 09/15/2034 CALLABLE$325K$309K1.0%
MICRON TECHNOLOGY INC 2.703% 04/15/2032-2032 MICRON TECHNOLOGY INC 2.703% 04/15/2032-2032$315K$306K0.9%
FORD MOTOR CREDIT 6.125% 03/08/2034 CALLABLE FORD MOTOR CREDIT 6.125% 03/08/2034 CALLABLE$308K$303K0.9%
GENERAL MOTORS CO 5.95% 04/01/2049-2048 GENERAL MOTORS CO 5.95% 04/01/2049-2048$312K$288K0.9%
M & T BANK CORP 5.053% DTD 1/27/2023 5.053% 1/27/2034 M & T BANK CORP 5.053% DTD 1/27/2023 5.053% 1/27/203$283K$287K0.9%
TORONTO-DOMINION BANK DTD 7/17/2023 5.523% 7/17/2028 TORONTO-DOMINION BANK DTD 7/17/2023 5.523% 7/17/202$286K$285K0.9%
MFRS & TRADERS TR CO BK NT PROGR 4.7% 01/27/2028-2027 MFRS & TRADERS TR CO BK NT PROGR 4.7% 01/27/2028-2$246K$251K0.8%
ISHARES TR S&P SM CAP 600 INDEX FD ISHARES TR S&P SM CAP 600 INDEX FD$74K$79K0.2%
SOLARIS ENERGY INFRASTRUCTURE INC SOLARIS ENERGY INFRASTRUCTURE INC$39K$39K0.1%
SLM CORP SLM CORP$37K$37K0.1%
CITIGROUP INC CITIGROUP INC$34K$36K0.1%
HOME BANCSHARES INC HOME BANCSHARES INC$36K$36K0.1%
CAPITAL ONE FINL CORP GLBL FLT CAPITAL ONE FINL CORP GLBL FLT$32K$34K0.1%
JPMORGAN CHASE & CO JPMORGAN CHASE & CO$32K$34K0.1%
PROSPERITY BANCSHARES INC PROSPERITY BANCSHARES INC$34K$34K0.1%
CURTISS WRIGHT CORP CURTISS WRIGHT CORP$32K$32K<0.1%
STATE STR CORP STATE STR CORP$30K$32K<0.1%
METLIFE INC METLIFE INC$30K$32K<0.1%
SNAP ON INC SNAP ON INC$29K$30K<0.1%
NMI HLDGS INC - COMMON STOCK NMI HLDGS INC - COMMON STOCK$30K$30K<0.1%
FISERV INC FISERV INC$27K$29K<0.1%
BRISTOL MYERS SQUIBB CO BRISTOL MYERS SQUIBB CO$29K$29K<0.1%
CISCO SYS INC CISCO SYS INC$28K$29K<0.1%
M & T BANK CORP M & T BANK CORP$27K$29K<0.1%
KNIGHT-SWIFT TRANSN HLDGS INC KNIGHT-SWIFT TRANSN HLDGS INC$28K$28K<0.1%
ALAMO GROUP INC ALAMO GROUP INC$28K$28K<0.1%
EVERCORE PARTNERS INC EVERCORE PARTNERS INC$28K$28K<0.1%
EMERSON ELECTRIC EMERSON ELECTRIC$26K$27K<0.1%
CITIZENS FINL GROUP INC CITIZENS FINL GROUP INC$25K$27K<0.1%
ACADEMY SPORTS AND OUTDOORS INC ACADEMY SPORTS AND OUTDOORS INC$27K$27K<0.1%
KRAFT HEINZ CO KRAFT HEINZ CO$28K$27K<0.1%
SIMON PROPERTY GROUP INC SIMON PROPERTY GROUP INC$26K$27K<0.1%
DOVER CORP DOVER CORP$26K$27K<0.1%
HUBBELL INC HUBBELL INC$26K$27K<0.1%
UNITED RENTALS INC UNITED RENTALS INC$26K$27K<0.1%
PROGRESS SOFTWARE CORP PROGRESS SOFTWARE CORP$27K$27K<0.1%
AFLAC INC AFLAC INC$25K$26K<0.1%
UDR INC UDR INC$26K$26K<0.1%
COMCAST CORP CL A COMCAST CORP CL A$27K$26K<0.1%
INTERPUBLIC GROUP COS INC INTERPUBLIC GROUP COS INC$27K$26K<0.1%
NUCOR CORP NUCOR CORP$28K$26K<0.1%
MEDTRONIC PLC MEDTRONIC PLC$26K$26K<0.1%
UNITEDHEALTH GROUP INC UNITEDHEALTH GROUP INC$26K$26K<0.1%
LOCKHEED MARTIN CORP LOCKHEED MARTIN CORP$25K$26K<0.1%
GENUINE PARTS CO GENUINE PARTS CO$27K$26K<0.1%
IBM CORP IBM CORP$24K$26K<0.1%
WESCO INTERNATIONAL INC WESCO INTERNATIONAL INC$25K$25K<0.1%
XCEL ENERGY INC XCEL ENERGY INC$25K$25K<0.1%
HOME DEPOT INC HOME DEPOT INC$25K$25K<0.1%
DUKE ENERGY CORP DUKE ENERGY CORP$26K$25K<0.1%
CHART INDS INC CHART INDS INC$25K$25K<0.1%
MAXIMUS INC MAXIMUS INC$24K$25K<0.1%
VALVOLINE INC VALVOLINE INC$24K$25K<0.1%
ABBVIE INC ABBVIE INC$24K$24K<0.1%
JOHNSON & JOHNSON & JOHNSON$25K$24K<0.1%
ENERSYS$24K$24K<0.1%
OLD SECOND BANCORP INC OLD SECOND BANCORP INC$24K$24K<0.1%
AMERICAN ELEC PWR INC AMERICAN ELEC PWR INC$23K$24K<0.1%
INDEPENDENT BANK CORP INDEPENDENT BANK CORP$24K$24K<0.1%
WARNER BROS. DISCOVERY INC. WARNER BROS. DISCOVERY INC.$23K$24K<0.1%
HCA HLDGS INC COM HCA HLDGS INC COM$23K$23K<0.1%
MARATHON PETE CORP MARATHON PETE CORP$23K$23K<0.1%
ONEOK INC ONEOK INC$23K$23K<0.1%
REGAL BELOIT CORP WISCONSIN REGAL BELOIT CORP WISCONSIN$23K$23K<0.1%
PROG HOLDINGS INC COM PROG HOLDINGS INC COM$23K$23K<0.1%
CONSTELLATION BRANDS INC CL A CONSTELLATION BRANDS INC CL A$23K$23K<0.1%
DOLLAR GEN CORP NEW DOLLAR GEN CORP NEW$25K$23K<0.1%
ACCENTURE PLC CL A ACCENTURE PLC CL A$22K$23K<0.1%
BERRY PLASTICS GROUP INC BERRY PLASTICS GROUP INC$22K$22K<0.1%
CONOCOPHILLIPS$22K$22K<0.1%
JM SMUCKER COMPANY-NEW JM SMUCKER COMPANY-NEW$22K$21K<0.1%
HEALTHCARE REALTY TRUST INCORPOR CL A COM HEALTHCARE REALTY TRUST INCORPOR CL A COM$21K$21K<0.1%
INGEVITY CORPORATION INGEVITY CORPORATION$21K$21K<0.1%
EOG RESOURCES INC EOG RESOURCES INC$20K$21K<0.1%
CENCORA INC. CENCORA INC.$21K$21K<0.1%
LEXINGTON CORP PPTY TRUST REIT LEXINGTON CORP PPTY TRUST REIT$20K$20K<0.1%
CVS/CAREMARK CORP CVS/CAREMARK CORP$23K$20K<0.1%
CACI INTL INC CL A CACI INTL INC CL A$20K$20K<0.1%
HERSHEY CO COMMON STOCK HERSHEY CO COMMON STOCK$20K$20K<0.1%
ASGN INC ASGN INC$19K$19K<0.1%
OLLIES BARGAIN OUTLET HLDGS INC OLLIES BARGAIN OUTLET HLDGS INC$20K$19K<0.1%
FEDERAL AGRIC MTG CORP CL C FEDERAL AGRIC MTG CORP CL C$18K$18K<0.1%
INNOSPEC INC INNOSPEC INC$18K$18K<0.1%
INTEL CORP INTEL CORP$22K$18K<0.1%
FOX FACTORY HLDG CORP FOX FACTORY HLDG CORP$16K$17K<0.1%
WORLD KINECT CORPORATION WORLD KINECT CORPORATION$17K$17K<0.1%
STAG INDL INC COM STAG INDL INC COM$16K$16K<0.1%
BRUNSWICK CORP BRUNSWICK CORP$15K$16K<0.1%
ENVISTA HOLDINGS CORPORATION ENVISTA HOLDINGS CORPORATION$15K$15K<0.1%
SANFILIPPO JOHN B & SON INC SANFILIPPO JOHN B & SON INC$15K$15K<0.1%
HANCOCK HLDG CO HANCOCK HLDG CO$14K$14K<0.1%
DELUXE CORPORATION DELUXE CORPORATION$13K$13K<0.1%
CHAMPIONX CORPORATION CHAMPIONX CORPORATION$13K$13K<0.1%
APPLE HOSPITALITY REIT INC APPLE HOSPITALITY REIT INC$13K$13K<0.1%
SCHEIN HENRY INC SCHEIN HENRY INC$13K$12K<0.1%
AMERIS BANCORP AMERIS BANCORP$11K$11K<0.1%
SELECTIVE INSURANCE GROUP INC SELECTIVE INSURANCE GROUP INC$11K$11K<0.1%
MCGRATH RENTCORP MCGRATH RENTCORP$11K$11K<0.1%
JONES LANG LASALLE INC JONES LANG LASALLE INC$10K$10K<0.1%
BOSTON BEER INC CL A BOSTON BEER INC CL A$9K$9K<0.1%
AVISTA CORP AVISTA CORP$8K$8K<0.1%
MATIV HOLDINGS INC MATIV HOLDINGS INC$8K$8K<0.1%
PIEDMONT OFFICE RLTY TR INC CL A PIEDMONT OFFICE RLTY TR INC CL A$7K$7K<0.1%
SABRA HEALTH CARE REIT INC SABRA HEALTH CARE REIT INC$7K$7K<0.1%
OLD NATL BANCORP IND OLD NATL BANCORP IND$7K$7K<0.1%
F N B CORP PA F N B CORP PA$6K$6K<0.1%
SOUTH ST CORP SOUTH ST CORP$5K$5K<0.1%
HELEN OF TROY LTD HELEN OF TROY LTD$5K$5K<0.1%
AMN HEALTHCARE SVCS INC AMN HEALTHCARE SVCS INC$4K$4K<0.1%
ENTERPRISE FINL SVCS CORP ENTERPRISE FINL SVCS CORP$4K$4K<0.1%