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Original filing (PDF)20251008093009NAL0005342129004

TRUSTEES OF OUTSTATE MICHIGAN TROWEL TRADES PENSION FUND

Form 5500
FILING_RECEIVED
OUTSTATE MICHIGAN TROWEL TRADES PENSION FUND
Defined-benefit pension plan
Signals · 3
32% in single holdingNo recordkeeper disclosed9 service providers
Active participants
426
Accounts w/ balance
Plan assets (EOY)
$86.3M
Net assets (EOY)
$86.2M
How this plan invests
This plan
3 pooled trusts
Schedule D
13 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
84
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "Northern Trust NT Collective Russel 3000 Index Fund-Lending" is 32% of plan.
  • 32 bps in Schedule C fees — 100% above peer band of 16 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TRUSTEES OF OUTSTATE MICHIGAN TROWEL TRADES PENSION FUND.
Plan sponsor
Name
TRUSTEES OF OUTSTATE MICHIGAN TROWEL TRADES PENSION FUND
EIN
38-6222545
Address
6525 CENTURION DRIVE · LANSING, MI · 48917
Phone
(517) 321-7502
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-08
Pension benefit codes
1B · Flat-dollar DB formula
Welfare benefit codes
4H · Long-Term Disability
Audit & trust (Schedule H)
Auditor
BENDA, GRACE, STULZ & COMPANY, P.C.
Trustee / custodian
Trustee phone

Service providers (Schedule C)

9 rows
Other
9
NameEINLocationRelationDirect compIndirect comp
MARQUETTE ASSOCIATES, INC.CHICAGO, ILNONE$70K
TIC MIDWESTCARMEL, INNONE$62K
WATKINS PAWLICK CALATI & PRIFTI PC83-2893229NONE$29K
COMERICA BANK38-0477375NONE$28K
UNITED ACTUARIAL SERVICES35-2156428NONE$25K
BENDA, GRACE, STULZ & COMPANY, P.C.38-2284921NONE$24K
STEFANSKY HOLOWAY & NICHOLS, INC.38-2388845NONE$17K
TIC INTERNAIONAL CORPORATION13-2600875NONE$14K
TRADE SOLUTIONSCLARKSTON, MINONE$6K

Investments

11 direct securities · 3 pooled funds· $86.4M(100% 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.

Common Collective Trust
$40.4M
3 holdings
Mutual Funds
$20.6M
1 holding
Uncategorized
$18.8M
9 holdings
Real Estate
$6.6M
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
NT COLLECTIVE RUSSELL 3000 INDEX FU
NORTHERN TRUST · EIN 45-6138589 / PN 005
Common Collective Trust
$20.0M$27.0M31.3%
S Baird Aggregate Bond Fund
Mutual Funds
$20.5M$20.6M23.8%
NT COLLECTIVE ALL COUNTRY WORLD EX-
NORTHERN TRUST · EIN 45-6138589 / PN 128
Common Collective Trust
$11.7M$12.1M14.0%
IFM Investors Investment Co. IFM Global Infrastructure(US), L.P.$6.1M$8.0M9.2%
FUNDS Rreef of America REIT II Real Estate Investment Fund
Real Estate
$5.0M$6.6M7.6%
McMorgan & Company McMorgan Infrastructure Fund, I L.P.$1.7M$4.2M4.9%
RCP Advisors RCP Multi-Strategy Cayman Feeder, L.P.$2.0M$2.6M3.0%
COMMON COLLECTIVE TRUSTS * Comerica Bank Goldman Sachs Financial Square Funds$1.3M$1.3M1.5%
SHORT TERM INVESTMENT FUND
COMERICA · EIN 38-2217511 / PN 001
Common Collective Trust
$1.3M1.5%
Entrust Capital Entrust Special Opportunities Fund III Ltd$1.1M$1.1M1.2%
RCP Advisors RCP Multi-Strategy Cayman Feeder II, L.P.$675K$718K0.8%
Goldman Sachs Vintage VI Mgr, L.P. -$547K0.6%
Nuveen Private Capital Churchill Middle Market Senior Loan Feund V, L.P.$391K$403K0.5%
HEDGE FUNDS Entrust Capital Entrust Capital Diversified Fund Ltd$22K$28K<0.1%