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Original filing (PDF)20260213090755NAL0001325202001
BOARD OF TRUSTEES, IRON WORKERS LOCAL NO. 25
Form 5500
FILING_RECEIVED
IRON WORKERS' LOCAL NO. 25 VACATION PAY FUND
Health & welfare plan
Signals · 4
100% in single holding~450 bps in Sched C feesNo recordkeeper disclosed10 service providers
Active participants
2,781
Accounts w/ balance
—
Plan assets (EOY)
$8.5M
Net assets (EOY)
$392K
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 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
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Comerica Bank, N.A. Money market fund - Goldman Sachs Financial Square Government Fund" is 100% of plan.
- 450 bps in Schedule C fees — 765% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, IRON WORKERS LOCAL NO. 25.
Plan sponsor
Name
BOARD OF TRUSTEES, IRON WORKERS LOCAL NO. 25
EIN
38-6074498
Address
700 TOWER DRIVE · SUITE 300 · TROY, MI · 480982808
Phone
(248) 347-3100
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-05-01
Tax period
2025-04-30
Filed
2026-02-13
Welfare benefit codes
4Q · Other
Audit & trust (Schedule H)
Auditor
PLANTE & MORAN, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| IRON WORKERS LOCAL NO. 25 | 38-6074498 | — | PLAN ADMINISTRATOR | $58K | — |
Other
9| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TAFT STETTINIUS & HOLLISTER LLP | 31-0541755 | — | NONE KNOWN | $79K | — |
| LITTLER MENDELSON P.C. | 94-2602731 | — | NONE KNOWN | $54K | — |
| ASHERKELLY | 38-3379113 | — | NONE KNOWN | $51K | — |
| HESSIAN & MCKASY, P.A. | 20-1551306 | — | NONE KNOWN | $42K | — |
| PLANTE & MORAN, PLLC | 33-1498605 | — | NONE KNOWN | $36K | — |
| BENESYS, INC. | 38-2383171 | — | NONE KNOWN | $25K | — |
| COMERICA BANK | 42-1741646 | — | NONE KNOWN | $22K | — |
| SLEVIN & HART, PC | — | WASHINGTON DC, DC | NONE KNOWN | $10K | — |
| WITHUM SMITH + BROWN, PC | 22-2027092 | — | NONE KNOWN | $7K | — |
Investments
1 direct security· $6.0M(71% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Comerica Bank, N.A. Money market fund - Goldman Sachs Financial Square Government Fund | — | — | $6.0M | $6.0M | 71.1% |