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Original filing (PDF)20260204130043NAL0005772370001

BUILDING TRADES UNITED PENSION TRUST FUND

Form 5500
FILING_RECEIVED
BUILDING TRADES UNITED PENSION TRUST FUND MILWAUKEE AND VICINITY
Defined-benefit pension plan
Signals · 4
1 failed disclosure30% in single holdingNo recordkeeper disclosed29 service providers
Active participants
9,922
Accounts w/ balance
Plan assets (EOY)
$3.5B
Net assets (EOY)
$3.5B
How this plan invests
This plan
7 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs

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

Plan health score (directional)
82
/ 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
85
Concentration risk
85
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 1 Schedule C provider failed to disclose compensation.
  • Top holding "Northern Trust NT Collective Russell 3000 Index Fund - Lending" is 30% of plan.
  • 40 bps in Schedule C fees — 695% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BUILDING TRADES UNITED PENSION TRUST FUND.
Plan sponsor
Name
BUILDING TRADES UNITED PENSION TRUST FUND
EIN
51-6049409
Address
500 N. ELM GROVE ROAD · ELM GROVE, WI · 531220530
Phone
(262) 784-7880
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-06-01
Tax period
2025-05-31
Filed
2026-02-04
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

29 rows
Other
29
NameEINLocationRelationDirect compIndirect comp
WILSON-MCSHANE CORPORATION41-0956552NONE$2.3M
HARBOURVEST PARTNERS, LP74-3130888NONE$2.1M
H.I.G. CAPITAL, LLC65-0863927NONE$1.9M
JP MORGAN ASSET MANAGEMENT INC.13-3200244NONE$1.1M
ULLICO INVESTMENT ADVISORS INC52-6435649NONE$896K
BPEA PRIVATE EQUITY20-0863070NONE$637K
ABERDEEN CAPITAL MANAGEMENTPHILADELPHIA, PANONE$604K
BAIRD ADVISORS39-6037917NONE$579K
CARLYLE INVESTMENT SERVICESWASHINGTON, DCNONE$463K
NATIONAL INVESTMENT SERVICES OF AME84-3937993NONE$433K
PARAMETRIC PORTFOLIO ASSOCIATES, LL20-0292745NONE$418K
NEWTOWER MEPT30-0872552NONE$411K
STATE STREET GLOBAL ADVISORS TRUST81-4017137NONE$317K
IFM INVESTORS PTY LTDNEW YORK, NYNONE$298K
MARQUETTE ASSOCIATES33-4852986NONE$205K
NEUBERGER BERMAN81-4341513NONE$205K
THE PREVIANT LAW FIRM, S.C.39-1211596NONE$194K
INVESCO ADVISERS, INC.58-1707262NONE$185K
NORTHERN TRUST CORPORATION36-2723087NONE$154K
AFL-CIO HOUSING INVESTMENT TRUST52-6220193NONE$149K
WHITESTAR ADVISORS, LLC03-0496641NONE$97K
REINHART BOERNER VAN DEUREN, S.C.39-1126909NONE$86K
CLIFTONLARSONALLEN LLP41-0746749NONE$80K
US BANK NATIONAL ASSOCIATION31-0841368NONE$53K
CHEIRON, INC.13-4215617NONE$52K
THE MAREK GROUP INCWAUKESHA, WINONE$48K
THE SEGAL COMPANYEDINA, MNNONE$43K
HONSA-BINDER PRINTING INC41-1605232NONE$10K
FOREST PRINTING COMPANYFOREST PARK, ILNONE$9K

Failed / refused disclosures (Sched C Part 2)

ProviderNondisclosure info
THE SEGAL COMPANYFAILED TO COMMUNICATE IF THEY RECEIVED INDIRECT COMPENSATION.

Investments

21 direct securities · 7 pooled funds· $3.5B(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.

Common Collective Trust
$1.8B
7 holdings
Uncategorized
$1.7B
21 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
NT COLLECTIVE RUSSELL 3000 INDEX FD
NORTHERN TRUST INVESTMENTS INC. · EIN 45-6138589 / PN 005
Common Collective Trust
$512.8M$1.0B29.6%
Various See Attached Schedule$741.4M$717.0M20.3%
NT COLLECTIVE ALL COUNTRY WORLD IND
NORTHERN TRUST INVESTMENTS INC. · EIN 45-6138589 / PN 039
Common Collective Trust
$268.0M$409.8M11.6%
IFM Global Infrastructure (U.S.), L.P.$83.1M$123.4M3.5%
JP Morgan IIF ERISA L.P.$87.3M$107.7M3.0%
NEW TOWER TRUST COMPANY MEPT
NEW TOWER TRUST COMPANY · EIN 52-6218800 / PN 001
Common Collective Trust
$30.5M$91.7M2.6%
Invesco Core Real Estate U.S.A., L.P.$91.5M$82.8M2.3%
Parametric Defensive Equity Fund LLC$56.3M$72.4M2.1%
SEGALL BRYANT HAMILL COLL INV TRUST
SEI TRUST COMPANY · EIN 81-0835598 / PN 090
Common Collective Trust
$44.6M$71.7M2.0%
STATE STREET EMERGING MARKETS SMALL
STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 26-6149812 / PN 001
Common Collective Trust
$39.1M$70.8M2.0%
Neurberger Berman Neurberger Berman U.S. Equity Index PutWrite Fund LLC$125.5M$68.9M1.9%
Ullico Infrastructure Tax-Exempt Fund, L.P.$38.2M$60.0M1.7%
AFL-CIO Housing Investment Trust$54.9M$48.9M1.4%
HighVista Private Equity VIII, L.P.$26.4M$48.0M1.4%
HarbourVest 2019 Global Feeder Fund L.P.$30.5M$47.1M1.3%
HarbourVest 2020 Global Feeder Fund L.P.$35.0M$46.8M1.3%
AFL-CIO BUILDING INVESTMENT TRUST
GREAT GRAY TRUST COMPANY, LLC · EIN 52-6328901 / PN 001
Common Collective Trust
$41.6M$46.4M1.3%
HarbourVest 2018 Global Feeder Fund L.P.$27.1M$45.5M1.3%
HighVista Private Equity IX, L.P.$30.2M$44.3M1.3%
H.I.G. WhiteHorse Principal Lending Fund, L.P.$34.5M$34.6M1.0%
HarbourVest 2021 Global Feeder Fund L.P.$28.4M$33.8M1.0%
BPEAV VI, LP$24.8M$33.3M0.9%
Churchill Middle Market Senior Loan Fund V - Levered (Offshore), LP$30.0M$29.6M0.8%
H.I.G. Bayside Loan Opportunity Feeder Fund VI, L.P.$24.6M$25.0M0.7%
NIS HIGH YIELD QP FUND, LLC
NATIONAL INVESTMENT SERVICES OF AMERICA, LLC · EIN 82-4051841 / PN 001
Common Collective Trust
$24.6M$25.0M0.7%
Carlyle CDL Offshore Fund$17.8M$17.1M0.5%
HighVista Private Equity X, L.P.$12.4M$13.7M0.4%
WhiteStar Advisors Couture 909 EMS, LLC$5.0M$7.4M0.2%