Original filing (PDF)20251222160009NAL0005377507001

BOARD OF TRUSTEES OF THE EASTERN

Name: BOARD OF TRUSTEES OF THE EASTERN — EASTERN SHORE TEAMSTERS PENSION FUND, Form 5500 (2024)
Creator: BOARD OF TRUSTEES OF THE EASTERN

Form 5500

FILING_RECEIVED

EASTERN SHORE TEAMSTERS PENSION FUND

Defined-benefit pension plan

Signals · 3

Late filing · 1.2 moNo recordkeeper disclosed13 service providers

Active participants

300

Accounts w/ balance

—

Plan assets (EOY)

$166.2M

Net assets (EOY)

$166.1M

How this plan invests

This plan

7 pooled trusts

Schedule D

294 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 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

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Filed 1.2 months past the 10.5-month grace window.
56 bps in Schedule C fees — 464% above peer band of 10 bps.
No recordkeeper disclosed on Schedule C.
Highly fragmented vendor stack (13 disclosed providers, 6 categories).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES OF THE EASTERN.

Plan sponsor

Name

BOARD OF TRUSTEES OF THE EASTERN

EIN

52-0904953

Address

1030 S. DUKELAND STREET · BALTIMORE, MD · 212233303

Phone

(443) 573-3632

Industry

Transportation & Warehousingsee all

Plan administrator

Name

BOARD OF TRUSTEES OF THE EASTERN

EIN

52-0904953

City

BALTIMORE, MD

Phone

(443) 573-3632

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-12-22

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

HCFL

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

13 rows

Custodian

Name	EIN	Location	Relation	Direct comp	Indirect comp
PNC, INC.	25-1211909	BALTIMORE, MD	CUSTODIAN	$25K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
INVESTMENT PERFORMANCE SERVICES	58-2432390	SAVANNAH, GA	INVESTMENT ADVISOR	$334K	—
WEDGE CAPITAL MANAGEMENT, L.L.P.	56-1557450	CHARLOTTE, NC	INVESTMENT MANAGER	$92K	—
HAMILTON LANE ADVISORS, LLC	23-2962336	BALA CYNWYD, PA	INVESTMENT MANAGER	$72K	—
HARDMAN JOHNSTON GLOBAL ADVISORS	—	STAMFORD, CT	INVESTMENT MANAGER	$57K	—
CHARTWELL INVESTMENT PARTNERS	—	BERWYN, PA	INVESTMENT MANAGER	$49K	—
WELLINGTON TRUST COMPANY	04-2755549	—	INVESTMENT MANAGER	$49K	—
JPMORGAN CHASE BANK, N.A.	—	NEW YORK, NY	INVESTMENT MANAGER	$40K	—
BROWN INVESTMENT ADVISORS	52-1952888	—	INVESTMENT MANAGER	$26K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
BENEFITS ADMINISTRATION, LLC	52-1139156	TOWSON, MD	PLAN ADMINISTRATOR	$55K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
HCFL	52-1399339	TIMONIUM, MD	AUDITOR	$30K	—

Actuary

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE SEGAL COMPANY	13-1835864	WASHINGTON, DC	ACTUARY	$65K	—

Legal counsel

Name	EIN	Location	Relation	Direct comp	Indirect comp
ABATO, RUBENSTEIN & ABATO	52-0904713	TOWSON, MD	LEGAL COUNSEL	$44K	—

Investments

291 direct securities · 7 pooled funds· $207.4M(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.

Uncategorized

$137.0M

291 holdings

Common Collective Trust

$49.3M

5 holdings

Pooled Separate Account

$13.3M

1 holding

103-12 Investment Entity

$7.8M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
JPMorgan Chase Bank, NA	—	252,897	$14.4M	$16.2M	9.7%
JPMCB CORPORATE HIGH YIELD FUND JPMORGAN CHASE BANK, NA · EIN 13-3869666 / PN 001	Common Collective Trust	—	—	$16.2M	9.7%
PRINCIPAL US PROPERTY SEPARATE ACC PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 027	Pooled Separate Account	206,499	$12.8M	$13.3M	8.0%
SEI Trust Company	—	733,333	$11.0M	$12.0M	7.2%
EARNEST PARTNERS SMID CAP CORE FUND SEI TRUST COMPANY · EIN 26-4377500 / PN 041	Common Collective Trust	—	—	$12.0M	7.2%
Northern Trust	—	4,594	$8.5M	$10.1M	6.1%
MFB NT COLLECTIVE RUSSELL 1000 GROW NORTHERN TRUST · EIN 45-6138589 / PN 007	Common Collective Trust	—	—	$10.1M	6.1%
Boyd Watterson Asset Management	—	—	$11.0M	$9.6M	5.8%
HARDMAN JOHNSTON INT'L EQUITY GROUP HARDMAN JOHNSTON GLOBAL ADVISORS · EIN 13-3257590 / PN 001	103-12 Investment Entity	184,236	$3.6M	$7.8M	4.7%
Columbia Threadneedle Investments	—	700,000	$7.0M	$7.5M	4.5%
COLUMBIA PYRFORD INT'L STOCK PRIVAT COLUMBIA THREADNEEDLE INVESTMENTS · EIN 37-1749555 / PN 001	Common Collective Trust	—	—	$7.5M	4.5%
Hamilton Lane	—	—	$4.8M	$7.0M	4.2%
GCM Grosvenor Opportunistic	—	—	$5.0M	$7.0M	4.2%
Corbin Capital Partners	—	—	$5.0M	$5.6M	3.4%
Arena Capital Advisors, LLC	—	—	$5.0M	$5.2M	3.1%
Hamilton Lane	—	—	$3.5M	$4.4M	2.6%
Wellington Trust Company, NA	—	192,405	$2.4M	$3.5M	2.1%
CIF OPPORTUNISTIC INVESTMENT ALLOC. WELLINGTON TRUST COMPANY · EIN 04-2767481 / PN 076	Common Collective Trust	—	—	$3.5M	2.1%
Mesirow Financial	—	—	$1.9M	$1.8M	1.1%
Usa Treasury	—	995,000	$999K	$991K	0.6%
Usa Treasury	—	1,165,000	$979K	$952K	0.6%
Federated Hermes Government Obligations Fund #07	—	923,239	$923K	$923K	0.6%
Usa Treasury	—	775,000	$803K	$771K	0.5%
Grosvenor Capital Management	—	—	$617K	$694K	0.4%
Usa Treasury	—	760,000	$677K	$678K	0.4%
Usa Treasury	—	695,000	$658K	$666K	0.4%
Usa Treasury	—	600,000	$578K	$573K	0.3%
Usa Treasury	—	690,000	$593K	$569K	0.3%
Usa Treasury	—	560,000	$525K	$541K	0.3%
Usa Treasury	—	605,000	$556K	$537K	0.3%
Amazon Com Inc	—	2,227	$121K	$489K	0.3%
Nvidia Corp	—	3,515	$98K	$472K	0.3%
Microsoft Corp	—	1,111	$179K	$468K	0.3%
Federated Hermes U.S. Treasury Cash Reserves Fund #125	—	465,656	$466K	$466K	0.3%
Service Now Inc	—	420	$227K	$445K	0.3%
Costco Wholesale Corp	—	483	$119K	$443K	0.3%
Alphabet Inc	—	2,261	$173K	$431K	0.3%
Usa Treasury	—	440,000	$425K	$429K	0.3%
Marvell Technology Group	—	3,869	$287K	$427K	0.3%
Mastercard Inc	—	794	$263K	$418K	0.3%
Intuitive Surgical Inc	—	773	$99K	$403K	0.2%
Hilton Worldwide	—	1,549	$313K	$383K	0.2%
Federated Hermes Government Obligations Fund #07	—	379,488	$379K	$379K	0.2%
S&P Global Inc	—	742	$286K	$370K	0.2%
Autodesk Inc	—	1,212	$220K	$358K	0.2%
Progressive Corp Ohio	—	1,431	$202K	$343K	0.2%
Uber Technologies Inc	—	5,587	$288K	$337K	0.2%
Intuit Software	—	526	$86K	$331K	0.2%
Workday Inc	—	1,211	$306K	$312K	0.2%
Usa Treasury	—	380,000	$319K	$312K	0.2%
Arista Networks Inc	—	2,720	$84K	$301K	0.2%
Comcast Corp	—	305,000	$307K	$297K	0.2%
Goldman Sachs Group Inc	—	305,000	$298K	$296K	0.2%
Usa Treasury	—	195,000	$288K	$292K	0.2%
Zoetis Inc	—	1,764	$186K	$287K	0.2%
Transdigm Group Inc	—	225	$285K	$285K	0.2%
Cadence Design Systems Inc	—	949	$123K	$285K	0.2%
Cintas Corp	—	1,548	$87K	$283K	0.2%
Duke Energy Carolinas	—	285,000	$279K	$276K	0.2%
Simon Property Group Lp	—	305,000	$274K	$274K	0.2%
F5 Inc	—	1,086	$235K	$273K	0.2%
Amdocs Limited	—	3,194	$273K	$272K	0.2%
Kla Corp	—	429	$207K	$270K	0.2%
Fortinet Inc	—	2,854	$160K	$270K	0.2%
Lockheed Martin Corp	—	552	$287K	$268K	0.2%
Cisco Systems Inc	—	4,464	$253K	$264K	0.2%
Godaddy Inc	—	1,334	$205K	$263K	0.2%
Apple Inc	—	1,046	$118K	$262K	0.2%
Leidos Holdings Inc	—	1,812	$269K	$261K	0.2%
Meta Platforms Inc	—	445	$219K	$261K	0.2%
Costar Group Inc	—	3,637	$263K	$260K	0.2%
Gartner Inc	—	537	$159K	$260K	0.2%
Alphabet Inc	—	1,367	$242K	$259K	0.2%
Cadence Design Systems Inc	—	860	$252K	$258K	0.2%
Intuit Software	—	410	$185K	$258K	0.2%
Netflix Inc	—	288	$212K	$257K	0.2%
Northrop Grumman Corporation	—	545	$280K	$256K	0.2%
Federal Home Loan Bank	—	267,725	$258K	$255K	0.2%
Fabrinet	—	1,158	$280K	$255K	0.2%
Parsons Corp	—	2,711	$250K	$250K	0.2%
Amphenol Corp	—	3,594	$228K	$250K	0.2%
Truist Bank	—	290,000	$255K	$249K	0.1%
Netapp Inc	—	2,144	$202K	$249K	0.1%
Ares Capital Corp	—	250,000	$243K	$248K	0.1%
Paychex Inc	—	1,756	$203K	$246K	0.1%
Jpmorgan Chase & Co	—	245,000	$238K	$244K	0.1%
Microsoft Corp	—	565	$228K	$238K	0.1%
Booz Allen Hamilton Holding	—	1,821	$207K	$234K	0.1%
Federal Natl Mtg	—	236,775	$226K	$223K	0.1%
Veralto Corp	—	2,178	$165K	$222K	0.1%
Abercrombie & Fitch Co	—	1,473	$167K	$220K	0.1%
Dick's Sporting Goods Inc	—	945	$156K	$216K	0.1%
Jbs Usa	—	215,000	$207K	$213K	0.1%
Morgan Stanley	—	215,000	$208K	$213K	0.1%
Philip Morris Intl Inc	—	215,000	$211K	$212K	0.1%
Brinker International Inc	—	1,587	$196K	$210K	0.1%
Cvs Health Corp	—	225,000	$215K	$205K	0.1%
West Pharmaceutical	—	623	$188K	$204K	0.1%
Amgen Inc	—	205,000	$204K	$203K	0.1%
Comcast Corp	—	210,000	$216K	$203K	0.1%
Jpmorgan Chase & Co	—	205,000	$210K	$201K	0.1%
Carnival Corp	—	7,958	$198K	$198K	0.1%
Fox Corp	—	4,254	$186K	$195K	0.1%
Anthem Inc	—	200,000	$195K	$195K	0.1%
Royal Caribbean Cruises	—	842	$73K	$194K	0.1%
Garmin	—	932	$164K	$192K	0.1%
Deckers Outdoor Corp	—	924	$84K	$188K	0.1%
Lithia Mtrs Inc	—	522	$190K	$187K	0.1%
Trade Desk Inc	—	1,567	$204K	$184K	0.1%
Taylor Morrison Home Corp	—	2,996	$178K	$183K	0.1%
Ares Capital Corp	—	185,000	$180K	$183K	0.1%
Nxp Semiconductors	—	877	$135K	$182K	0.1%
Caseys General Stores Inc	—	449	$110K	$178K	0.1%
Usa Treasury	—	165,000	$166K	$177K	0.1%
Verizon Communications	—	205,000	$183K	$177K	0.1%
Norwegian Cruise	—	6,843	$189K	$176K	0.1%
Owl Rock Capital Corp	—	180,000	$169K	$174K	0.1%
Block H & R Inc	—	3,298	$212K	$174K	0.1%
Murphy Usa Inc	—	346	$106K	$174K	0.1%
Veeva Systems Inc	—	824	$224K	$173K	0.1%
Safehold Operating Partn	—	200,000	$178K	$171K	0.1%
Unum Group	—	2,282	$96K	$167K	0.1%
Kb Home	—	2,524	$166K	$166K	<0.1%
Trane Technologies	—	441	$147K	$163K	<0.1%
Pnc Financial Services	—	160,000	$160K	$161K	<0.1%
Wells Fargo & Company	—	2,276	$87K	$160K	<0.1%
Aercap Holdings	—	1,658	$160K	$159K	<0.1%
Regions Financial Corp	—	6,635	$119K	$156K	<0.1%
Meritage Homes Corporation	—	1,014	$192K	$156K	<0.1%
State Str Corp	—	1,583	$116K	$155K	<0.1%
Citigroup Inc	—	2,198	$108K	$155K	<0.1%
Fybr	—	150,000	$146K	$153K	<0.1%
Adobe Inc	—	343	$87K	$153K	<0.1%
Equitable Holdings Inc	—	3,220	$148K	$152K	<0.1%
Safehold Operating Partn	—	180,000	$154K	$151K	<0.1%
Goldman Sachs Group Inc	—	263	$97K	$151K	<0.1%
Ameriprise Financial Inc	—	281	$55K	$150K	<0.1%
Generac Holdings Inc	—	952	$109K	$148K	<0.1%
Jackson Financial Inc	—	1,693	$143K	$147K	<0.1%
Rockwell Automation	—	155,000	$156K	$147K	<0.1%
Gs Mortgage	—	153,107	$147K	$147K	<0.1%
Synchrony Financial	—	2,238	$68K	$145K	<0.1%
Fnf Group	—	2,582	$107K	$145K	<0.1%
Extra Space Storage Lp	—	170,000	$149K	$145K	<0.1%
Ally Financial Inc	—	3,993	$167K	$144K	<0.1%
Morgan Stanley	—	145,000	$140K	$143K	<0.1%
Hartford Insurance Group Inc	—	1,306	$88K	$143K	<0.1%
Morgan Stanley	—	140,000	$146K	$143K	<0.1%
Zions Bancorporation	—	2,616	$104K	$142K	<0.1%
Walt Disney Company	—	145,000	$146K	$142K	<0.1%
Synovus Financial Corp	—	2,769	$100K	$142K	<0.1%
Metlife Inc.	—	1,710	$97K	$140K	<0.1%
Virginia Elec & Power Co	—	140,000	$138K	$136K	<0.1%
Prudential Financial Inc.	—	1,146	$124K	$136K	<0.1%
Bank Of America Corp	—	135,000	$135K	$135K	<0.1%
Align Technology Inc	—	636	$198K	$133K	<0.1%
Oracle Corp	—	125,000	$128K	$132K	<0.1%
Federal Natl Mtg	—	137,898	$132K	$132K	<0.1%
Philip Morris Intl Inc	—	130,000	$128K	$132K	<0.1%
Hp Enterprise Co	—	135,000	$134K	$130K	<0.1%
Bank Of America Corp	—	125,000	$132K	$129K	<0.1%
Gilead Sciences Inc	—	1,358	$101K	$125K	<0.1%
Blackrock Funding Inc	—	125,000	$125K	$125K	<0.1%
Gs Mortgage	—	122,495	$122K	$124K	<0.1%
Jazz Pharmaceuticals	—	984	$111K	$121K	<0.1%
Georgia Power Co	—	120,000	$120K	$121K	<0.1%
Molina Healthcare Inc	—	410	$128K	$119K	<0.1%
Onslow Bay Financial Llc	—	118,971	$117K	$119K	<0.1%
Post Holdings Inc	—	1,040	$93K	$119K	<0.1%
Jefferies Fin Group Inc	—	115,000	$115K	$119K	<0.1%
Philip Morris Internat	—	971	$89K	$117K	<0.1%
Bio Rad Laboratories Inc	—	355	$116K	$117K	<0.1%
Cencora Inc	—	518	$64K	$116K	<0.1%
Bristol Myers Squibb Co	—	2,037	$95K	$115K	<0.1%
Pfizer Inc	—	4,309	$122K	$114K	<0.1%
Centene Corp	—	1,884	$144K	$114K	<0.1%
Cardinal Health Inc	—	956	$107K	$113K	<0.1%
Biogen Inc	—	733	$173K	$112K	<0.1%
Labcorp Holdings Inc	—	485	$93K	$111K	<0.1%
Federal Home Loan Bank	—	110,440	$109K	$111K	<0.1%
Abbvie Inc	—	624	$79K	$111K	<0.1%
Hologic Inc	—	1,532	$112K	$110K	<0.1%
United Therapeutics Corp	—	310	$75K	$109K	<0.1%
Quest Diagnostics Inc	—	714	$102K	$108K	<0.1%
Davita Inc	—	719	$70K	$108K	<0.1%
Molson Coors Beverage Company	—	1,870	$116K	$107K	<0.1%
Mckesson Corporation	—	188	$50K	$107K	<0.1%
Western Union Co	—	10,050	$123K	$107K	<0.1%
The Cigna Group	—	382	$100K	$105K	<0.1%
Hca Healthcare Inc	—	345	$100K	$104K	<0.1%
General Motors Finl Co	—	100,000	$103K	$101K	<0.1%
Federal Home Loan Mtg Corp	—	99,622	$100K	$101K	<0.1%
Fmc Corp	—	100,000	$100K	$100K	<0.1%
Federal Farm Credit Bank	—	100,000	$100K	$100K	<0.1%
Tenet Healthcare Corp	—	788	$72K	$99K	<0.1%
Healthpeak Properties	—	110,000	$100K	$97K	<0.1%
Federal Home Loan Bank	—	110,000	$110K	$96K	<0.1%
Tractor Supply Co	—	95,000	$95K	$95K	<0.1%
Federal Natl Mtg	—	94,404	$92K	$93K	<0.1%
Fmc Corp	—	100,000	$97K	$92K	<0.1%

Showing top 200 of 298 investments by value.