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Original filing (PDF)20251015202923NAL0011411554001
AMERICAN POSTAL WORKERS UNION AFL-CIO HEALTH PLAN
Form 5500
FILING_RECEIVED
HEALTH INSURANCE OF THE AMERICAN POSTAL WORKERS, AFL-CIO HEALTH PLAN HEALTH AND WELFARE PLAN
Health & welfare plan
Signals · 2
34% in single holdingNo recordkeeper disclosed
Active participants
221
Accounts w/ balance
—
Plan assets (EOY)
$98.4M
Net assets (EOY)
$98.4M
How this plan invests
This plan
7 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
90
/ 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
83
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "PNC Institutional Asset Management PIMCO Total Return Bond Fund Instl." is 34% of plan.
- 21 bps in Schedule C fees — modestly above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for AMERICAN POSTAL WORKERS UNION AFL-CIO HEALTH PLAN.
Plan sponsor
Name
AMERICAN POSTAL WORKERS UNION AFL-CIO HEALTH PLAN
EIN
52-0940594
Address
6514 MEADOWRIDGE RD · SUITES 195 · ELKRIDGE, MD · 21075
Phone
(410) 424-1524
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
504
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4H · Long-Term Disability
4Q · Other
Audit & trust (Schedule H)
Auditor
WITHUMSMITH+BROWN, PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SEGAL MARCO ADVISORS | 13-2646110 | — | NONE | $116K | — |
| WILLIS TOWERS WATSON US, LLC | 53-0181291 | — | NONE | $29K | — |
| MERGANSER CAPITAL MANAGEMENT LLC | 46-3651540 | — | NONE | $27K | — |
| WITHUMSMITH+BROWN, PC | 22-2027092 | — | NONE | $22K | — |
| PNC BANK, N.A. | 22-1146430 | — | NONE | $16K | — |
Investments
7 direct securities· $98.4M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PNC Institutional Asset Management PIMCO Total Return Bond Fund Instl. | — | — | $35.3M | $33.8M | 34.4% | |
| Registered Investment Companies * PNC Institutional Asset Management Baird Aggregate Bond Fund | — | — | $34.4M | $32.9M | 33.4% | |
| + DISC IRA FD # 07 6912520 Commingled Fund * Merganser Capital Management Merganser Short-Term Bond Fund LLC | — | — | $14.8M | $14.7M | 14.9% | |
| PNC Institutional Asset Management Fidelity Total Mkt IDX-FAI | — | — | $6.3M | $12.3M | 12.5% | |
| Class * PNC Institutional Asset Management Vanguard FTSE All World Ex-U.S. Index | — | — | $3.3M | $3.0M | 3.1% | |
| + DISC IRA FD # 07 691249 * PNC Institutional Asset Management Federated Government OBL-SEL ERISA | — | — | $1.3M | $1.3M | 1.3% | |
| Interest Bearing Cash * PNC Institutional Asset Management Federated Government OBL-SEL ERISA | — | — | $259K | $259K | 0.3% |