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Original filing (PDF)20251208120158NAL0001725203005
BOARD OF TRUSTEES OF LOCAL 584 PENSION TRUST FUND
Form 5500
FILING_RECEIVED
LOCAL 584 PENSION TRUST FUND
Defined-benefit pension plan
Signals · 3
50% in single holdingNo recordkeeper disclosed9 service providers
Active participants
315
Accounts w/ balance
—
Plan assets (EOY)
$208.9M
Net assets (EOY)
$208.8M
How this plan invests
This plan
9 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 "Year Beginning April 1,$178,487,689" is 50% of plan.
- 46 bps in Schedule C fees — 358% 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 BOARD OF TRUSTEES OF LOCAL 584 PENSION TRUST FUND.
Plan sponsor
Name
BOARD OF TRUSTEES OF LOCAL 584 PENSION TRUST FUND
EIN
51-6123679
Address
655 3RD AVENUE, 12TH FLOOR · NEW YORK, NY · 10017
Phone
(212) 308-4200
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-04-01
Tax period
2025-03-31
Filed
2025-12-08
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
9 rowsAccountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CALIBRE CPA GROUP, PLLC | 47-0900880 | — | AUDITOR | $48K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FRIEDMAN & ANSPACH | 13-3403675 | — | LEGAL COUNSEL | $215K | — |
Other
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| LOOMIS SAYLES & COMPANY | 04-3200030 | — | NONE | $278K | — |
| SAVASTA AND COMPANY, INC. | 13-3879959 | — | NONE | $175K | — |
| THE SEGAL COMPANY (EASTERN STATES) | 13-1835864 | — | NONE | $88K | — |
| US BANK, NA | 31-0841368 | — | NONE | $67K | — |
| SEGAL MARCO ADVISORS | 13-2646110 | — | NONE | $64K | — |
| NANESS, CHAIET, NANESS, LLC | 11-3382260 | — | NONE | $23K | — |
| SEGAL SELECT INSURANCE SERVICES INC | 46-0619194 | — | NONE | $0 | — |
Investments
9 direct securities· $216.0M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Year Beginning April 1,$178,487,689 | — | — | $170.2M | $106.9M | 51.2% | |
| 2050 Year Beginning April 1, | — | — | $93.9M | $91.8M | 43.9% | |
| FACE AMOUNT | — | — | — | $5.6M | 2.7% | |
| Exhibit Special Financial Assistance (SFA) assetsNon-SFA assets (for IRC 431 purposes)Upcoming year (including $812,415 in withdrawal liability payments)Present value for the next five years (including $3,683,034 in withdrawal liability payments)Present value for the next seven years (including $4,965,555 in withdrawal liability payments)Next five yearsNext seven years | — | — | $3.7M | $5.0M | 2.4% | |
| $0 N/A 2030 1,148,6865,805,281 2038 | — | — | — | $2.8M | 1.4% | |
| SchMBActrlIllustration 2040 | — | — | — | $2.1M | 1.0% | |
| MARKET PRICE/UNIT8,661,822.028,661,822.02 | — | — | $662K | $1.6M | 0.8% | |
| Projection | — | — | $429K | $53K | <0.1% | |
| Year Beginning April 1 | — | — | — | $1K | <0.1% |