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Original filing (PDF)20251014135655NAL0001499171001
SHEET METAL WORKERS LOCAL NO. 20, INDIANAPOLIS AREA, PENSION FUND
Form 5500
FILING_RECEIVED
SHEET METAL WORKERS LOCAL NO. 20, INDIANAPOLIS ARE
Defined-benefit pension plan
Signals · 3
26% in single holdingNo recordkeeper disclosed11 service providers
Active participants
987
Accounts w/ balance
—
Plan assets (EOY)
$211.7M
Net assets (EOY)
$211.6M
How this plan invests
This plan
4 pooled trusts
Schedule D
31 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 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
87
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Legal and General S&P 500 Collective Invest Trust" is 26% of plan.
- 43 bps in Schedule C fees — 326% 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 SHEET METAL WORKERS LOCAL NO. 20, INDIANAPOLIS AREA, PENSION FUND.
Plan sponsor
Name
SHEET METAL WORKERS LOCAL NO. 20, INDIANAPOLIS AREA, PENSION FUND
EIN
51-0168516
Address
2828 EAST 45TH STREET · INDIANAPOLIS, IN · 462052403
Phone
(317) 549-6005
Industry
Plumbing, Heating, AC Contractors· 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
2025-10-14
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
LEGACY PROFESSIONALS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
11 rowsOther
11| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | 11-3658445 | — | NONE | $554K | — |
| THE SEGAL COMPANY (MIDWEST), INC. | 13-1975125 | — | NONE | $90K | — |
| FIRST STATE TRUST COMPANY | 13-3124172 | — | NONE | $87K | — |
| SONYA HOWARD | 35-6028684 | — | EMPLOYEE | $35K | — |
| CYNTHIA PITMAN | — | INDIANAPOLIS, IN | FORMER EMPLOYEE | $34K | — |
| CLIFTONLARSONALLEN LLP | 41-0746749 | — | NONE | $30K | — |
| LEDBETTER PARTNERS, LLC | 03-0599899 | — | NONE | $28K | — |
| VICTORY CAPITAL MANAGEMENT | — | BROOKLYN, OH | NONE | $26K | — |
| LEGAL & GENERAL INVESTMENT MGMT | — | CHICAGO, IL | NONE | $12K | — |
| KMR SYSTEMS CORPORATION | 13-3192128 | — | NONE | $7K | — |
| SEGAL SELECT INSURANCE SERVICES INC | 46-0619194 | — | NONE | $0 | — |
Investments
27 direct securities · 4 pooled funds· $208.1M(98% 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
$139.1M
26 holdings
Common Collective Trust
$68.2M
4 holdings
Real Estate
$806K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LEGAL & GENERAL S&P 500 CIT RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 005 | Common Collective Trust | — | $43.1M | $53.8M | 25.4% | |
| Corporate Stocks | — | — | $34.4M | $35.9M | 16.9% | |
| U.S. Government and Government Agency Obligations | — | — | $28.6M | $28.2M | 13.3% | |
| Corporate and Municipal Bonds | — | — | $19.0M | $19.1M | 9.0% | |
| Vanguard Growth ETF | — | — | $8.3M | $10.2M | 4.8% | |
| AEW Core Property Trust, Inc. | — | — | $8.7M | $8.3M | 3.9% | |
| MULTI-EMPLOYER PROPERTY TRUST NEWTOWER TRUST COMPANY · EIN 52-6218800 / PN 001 | Common Collective Trust | — | $6.3M | $6.1M | 2.9% | |
| Corbin ERISA Opportunity Fund, L.P. | — | — | $5.2M | $5.7M | 2.7% | |
| LEGAL & GENERAL MSCI ACWI EX US CIT RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 010 | Common Collective Trust | — | $4.6M | $4.8M | 2.3% | |
| Blackrock High Yield Bond Portfolio | — | — | $4.6M | $4.6M | 2.2% | |
| Ironwood Institutional Ltd. LP | — | — | $3.7M | $4.1M | 1.9% | |
| Vanguard Value ETF | — | — | $3.6M | $4.1M | 1.9% | |
| VICTORY TRIVALENT INT'L SMALL CAP GLOBAL TRUST COMPANY · EIN 80-6249702 / PN 006 | Common Collective Trust | — | $3.3M | $3.5M | 1.7% | |
| GCM Grosvenor Labor Impact Feeder Fund, L.P. | — | — | $2.8M | $2.9M | 1.4% | |
| Private Advisors Small Company Private Equity Fund VIII, L.P. | — | — | $2.2M | $2.6M | 1.2% | |
| CK Opportunities Offshore Fund, L.P. | — | — | $3.2M | $2.5M | 1.2% | |
| Morgan Stanley Bank Deposit | — | — | $2.1M | $2.1M | 1.0% | |
| Lord Abbett Ultra Short Bond Fund | — | — | $2.0M | $2.0M | 1.0% | |
| iShares Core MSCI Emerging | — | — | $1.5M | $1.5M | 0.7% | |
| GCM Grosvenor Real Estate Solutions I, L.P. | — | — | $1.3M | $1.2M | 0.6% | |
| Federated Investors MM | — | — | $1.1M | $1.1M | 0.5% | |
| Martin Currie SMASH Series EM Fund | — | — | $954K | $817K | 0.4% | |
| Equities | Real Estate | — | $357K | $806K | 0.4% | |
| Siguler Guff Small Buyout Opportunities Fund III, L.P. | — | — | $695K | $643K | 0.3% | |
| Private Advisors Hedged Equity Fund, Ltd. | — | — | $588K | $643K | 0.3% | |
| GCM Grosvenor Infrastructure Advantage Feeder Fund II | — | — | $396K | $358K | 0.2% | |
| Municipal Obligations | — | — | $311K | $314K | 0.1% | |
| Invesco Premier U.S. Gov't MM | — | — | $186K | $186K | <0.1% | |
| Private Advisors Small Company Buyout V-ERISA Fund L.P. | — | — | $198K | $39K | <0.1% | |
| Investment Cash | — | — | $188 | $188 | <0.1% | |
| Morgan Stanley U.S. Gov't MM | — | — | $82 | $82 | <0.1% |