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Original filing (PDF)20251201123957NAL0005419955001
TRUSTEES OF IBEW 292 HEALTH CARE PLAN
Form 5500
FILING_RECEIVED
IBEW 292 HEALTH CARE PLAN
Health & welfare plan
Signals · 4
29% in single holding~205 bps in Sched C feesNo recordkeeper disclosed36 service providers
Active participants
3,561
Accounts w/ balance
—
Plan assets (EOY)
$215.8M
Net assets (EOY)
$207.2M
How this plan invests
This plan
3 pooled trusts
Schedule D
14 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
85
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Value of funds held in insurance co. general account Prudential Fixed Rate Fund" is 29% of plan.
- 205 bps in Schedule C fees — 1949% 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 TRUSTEES OF IBEW 292 HEALTH CARE PLAN.
Plan sponsor
Name
TRUSTEES OF IBEW 292 HEALTH CARE PLAN
EIN
41-1384754
Address
6700 W. BROADWAY AVENUE, SUITE B · BROOKLYN PARK, MN · 55428
Phone
(763) 493-8830
Industry
Electrical Contractors· 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
2025-12-01
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
Audit & trust (Schedule H)
Auditor
LEGACY PROFESSIONALS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
36 rowsOther
36| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UNITED HEALTHCARE INSURANCE COMPANY | 36-2739571 | — | NONE | $1.4M | — |
| DDMN ASO, LLC | 41-1852523 | — | NONE | $270K | — |
| TEAM LLC | 81-4050818 | — | NONE | $267K | — |
| CARLA GRUETZMACHER | — | BROOKLYN PARK, MN | EMPLOYEE | $217K | — |
| SHUMAKER, LOOP & KENDRICK, LLP | 34-4439491 | — | NONE | $193K | — |
| ANN KELLEN | — | BROOKLYN PARK, MN | EMPLOYEE | $184K | — |
| BRIDGEWAY BENEFIT TECHNOLOGIES | 52-1796473 | — | NONE | $169K | — |
| MEGAN ESPEDAL | — | BROOKLYN PARK, MN | EMPLOYEE | $124K | — |
| UNITED ACTUARIAL SERVICES | 35-2156428 | — | NONE | $116K | — |
| WENDEE LOCK | — | BROOKLYN PARK, MN | EMPLOYEE | $115K | — |
| SHARON HAFERKORN | — | BROOKLYN PARK, MN | EMPLOYEE | $113K | — |
| MOLLY KNIEFEL | — | BROOKLYN PARK, MN | EMPLOYEE | $109K | — |
| JAEL LANG | — | BROOKLYN PARK, MN | EMPLOYEE | $94K | — |
| DORENE MARTINEAU | — | BROOKLYN PARK, MN | EMPLOYEE | $90K | — |
| STEPHANIE COLBURN | — | BROOKLYN PARK, MN | EMPLOYEE | $88K | — |
| ASHLEY JEFFERSON | — | BROOKLYN PARK, MN | EMPLOYEE | $86K | — |
| ASMED HEALTH, LLC | 27-4189010 | — | NONE | $81K | — |
| TIERRA CROMWELL | — | BROOKLYN PARK, MN | EMPLOYEE | $78K | — |
| SAV-RX PRESCRIPTION SERVICES | 86-1323040 | — | NONE | $75K | — |
| GALLIARD CAPITAL MANAGEMENT, LLC | 41-1813702 | — | NONE | $72K | — |
| KIMBERLY ODENBRETT | — | BROOKLYN PARK, MN | EMPLOYEE | $70K | — |
| UNION BANK & TRUST COMPANY | 41-1267434 | — | NONE | $65K | — |
| VISION SERVICE PLAN | 06-1227840 | — | NONE | $54K | — |
| PITNEY BOWES | 84-1386389 | — | NONE | $50K | — |
| LEGACY PROFESSIONALS LLP | 32-0043599 | — | NONE | $35K | — |
| IBEW 292 BUILDING CORPORATION | 83-3210476 | — | NONE | $29K | — |
| LOOMIS SAYLES TRUST COMPANY | 20-8080381 | — | NONE | $28K | — |
| NOLOGY NETWORKS | 27-2294131 | — | NONE | $26K | — |
| CORVEL HEALTHCARE CORPORATION | 95-3382819 | — | NONE | $18K | — |
| WILSON MCSHANE CORPORATION | 41-0956552 | — | NONE | $18K | — |
| SEGAL MARCO ADVISORS | 13-2646110 | — | NONE | $15K | — |
| ARBOR RIDGE LLC | 41-2021746 | — | NONE | $15K | — |
| FR SECURE LLC | 26-3547185 | — | NONE | $14K | — |
| US BANK FINANCE | 31-0841368 | — | NONE | $12K | — |
| HONSA-BINDER PRINTING INC. | 41-1605232 | — | NONE | $6K | — |
| SYSTEM DESIGNS | 43-1228887 | — | NONE | $6K | — |
Investments
11 direct securities · 3 pooled funds· $169.8M(79% 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
$110.6M
9 holdings
Common Collective Trust
$48.8M
3 holdings
PARTNERSHIP/JOINT VENTURE
$5.4M
1 holding
OTHER
$5.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Value of funds held in insurance co. general account Prudential Fixed Rate Fund | — | — | $41.2M | $49.7M | 23.0% | |
| BNYM MELLON AFL-CIO CF SL STOCK IND THE BANK OF NEW YORK MELLON · EIN 84-7064589 / PN 001 | Common Collective Trust | — | $18.1M | $24.8M | 11.5% | |
| Corporate obligations Page 69 of 74 | — | — | $19.0M | $18.5M | 8.6% | |
| BNYM MELLON AFL-CIO CF SL BROAD MAR THE BANK OF NEW YORK MELLON · EIN 84-7062700 / PN 001 | Common Collective Trust | — | $9.6M | $12.9M | 6.0% | |
| NHIT CORE PLUS FIXED INCOME TRUST LOOMIS SAYLES TRUST COMPANY, LLC · EIN 20-8080381 / PN 018 | Common Collective Trust | — | $11.2M | $11.1M | 5.1% | |
| U.S. Government and Government Agency obligations Page 5 of 74 | — | — | $10.0M | $8.7M | 4.0% | |
| Goldman Sachs - RA | — | — | $8.7M | $8.7M | 4.0% | |
| Supplemental Schedule 1 Page 1 of 74 April 30, 2025 Shares / % Ownership Cost Current Value Interest bearing cash (including money market accounts) Union Bank & Trust Co. - Goldman Sachs Prime | — | — | $8.6M | $8.6M | 4.0% | |
| BGO Diversified US Property Fund LP 0.066% ownership | — | — | $3.0M | $8.6M | 4.0% | |
| interests U.S. Real Estate Investment Fund, LLC 0.063% ownership | PARTNERSHIP/JOINT VENTURE | — | $7.8M | $5.4M | 2.5% | |
| Page 33 of 74 | OTHER | — | $5.2M | $5.0M | 2.3% | |
| Value of interest in registered investment companies AFL-CIO Housing Investment Trust | — | — | $4.4M | $4.4M | 2.0% | |
| Vanguard International Value Fund Investor Shares | — | — | $2.0M | $2.4M | 1.1% | |
| Goldman Sachs Financial Square Government Fund | — | — | $1.1M | $1.1M | 0.5% |