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Original filing (PDF)20251015152713NAL0004986369001
ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND
Form 5500
FILING_RECEIVED
ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST FUND
Defined-benefit pension plan
Signals · 4
1 failed disclosure25% in single holdingNo recordkeeper disclosed22 service providers
Active participants
8,612
Accounts w/ balance
—
Plan assets (EOY)
$1.0B
Net assets (EOY)
$1.0B
How this plan invests
This plan
4 pooled trusts
Schedule D
71 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
87
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
- Top holding "January 1 Participants Participants Beneficiaries Total 2049" is 25% of plan.
- 56 bps in Schedule C fees — 1020% 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 ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND.
Plan sponsor
Name
ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND
EIN
52-6117919
Address
10003 DEREKWOOD LANE, SUITE 130 · LANHAM, MD · 207064811
Phone
(301) 731-1050
Industry
Electrical 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
2025-10-15
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
SARFINO AND RHOADES, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
22 rowsOther
22| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ELECTRICAL WELFARE TRUST FUND | 52-6038507 | — | SERVICE PROVIDER | $805K | — |
| SIERRA INVESTMENT PARTNERS, INC | 68-0370668 | — | SERVICE PROVIDER | $634K | — |
| WEDGE CAPITAL | 56-1557450 | — | SERVICE PROVIDER | $472K | — |
| INTERCONTINENTAL REAL ESTATE CORP | 04-2895544 | — | SERVICE PROVIDER | $461K | — |
| JANUS CAPITAL MANAGEMENT LLC | 75-3019302 | — | SERVICE PROVIDER | $403K | — |
| HAMILTON LANE ADVISORS LLC | 23-2962336 | — | SERVICE PROVIDER | $365K | — |
| THE BANK OF NEW YORK MELLON | 13-5160382 | — | SERVICE PROVIDER | $282K | — |
| HARDMAN JOHNSTON GLOBAL ADVISORS | 13-3257590 | — | SERVICE PROVIDER | $273K | — |
| CHARTWELL INVESTMENT PARTNERS, INC. | 36-4776242 | — | SERVICE PROVIDER | $264K | — |
| GCM GROSVENOR L.P. | 20-3979494 | — | SERVICE PROVIDER | $254K | — |
| MESIROW FINANCIAL | — | CHICAGO, IL | SERVICE PROVIDER | $246K | — |
| INVESTMENT PERFORMANCE SERVICES LLC | 58-2432390 | — | SERVICE PROVIDER | $225K | — |
| AMERICAN REALTY ADVISORS | 33-0123114 | — | SERVICE PROVIDER | $203K | — |
| NEWTOWER TRUST COMPANY | 30-0872552 | — | SERVICE PROVIDER | $185K | — |
| LOOMIS SAYLES TRUST COMPANY | 20-8080381 | — | SERVICE PROVIDER | $178K | — |
| HORIZON ACTUARIAL SERVICES, LLC | 26-1370698 | — | SERVICE PROVIDER | $163K | — |
| SARFINO AND RHOADES | 52-0961657 | — | SERVICE PROVIDER | $128K | — |
| SLEVIN & HART P.C. | 52-1708613 | — | SERVICE PROVIDER | $116K | — |
| PENSION BENEFIT INFORMATION, LLC | 82-4722389 | — | SERVICE PROVIDER | $70K | — |
| GLOUSTON PRIVATE EQUITY | 83-1765273 | — | SERVICE PROVIDER | $52K | — |
| ASB CAPITAL MANAGEMENT | 80-0618452 | — | SERVICE PROVIDER | $41K | — |
| SEGAL MARCO ADVISORS | 13-2646110 | — | SERVICE PROVIDER | $16K | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| BLACKROCK ADVISORS LLC | SERVICE PROVIDER FAILED TO RESPOND TO SCHEDULE C INFORMATION REQUEST LETTER INQUIRING ABOUT ANY INDIRECT COMPENSATION RECEIVED DURING THE PLAN YEAR. |
Investments
71 direct securities · 4 pooled funds· $433.5M(42% 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
$324.6M
71 holdings
Common Collective Trust
$108.9M
4 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| January 1 Participants Beneficiaries Total 2049 | — | — | $15.0M | $82.3M | 7.9% | |
| January 1 Participants Beneficiaries Total 2024 | — | — | $61.5M | $68.4M | 6.6% | |
| IBEW-NECA EQUITY INDEX FUND CHEVY CHASE TRUST COMPANY · EIN 31-1772714 / PN 003 | Common Collective Trust | — | — | $58.7M | 5.6% | |
| Net Total | — | — | $321.1M | $40.3M | 3.9% | |
| Corbin Erisa OPP Private Equity | — | — | $30.0M | $33.3M | 3.2% | |
| MULTI-EMPLOYER PROPERTY TRUST NEW TOWER TRUST COMPANY - MEPT · EIN 52-6218800 / PN 001 | Common Collective Trust | — | — | $20.3M | 1.9% | |
| AMERICAN CORE REALTY FUND AMERICAN REALTY ADVISORS · EIN 95-4871432 / PN 000 | Common Collective Trust | — | — | $16.6M | 1.6% | |
| Total Credits | — | — | $45.1M | $14.8M | 1.4% | |
| AFL-CIO BUILDING INVESTMENT TRUST GREAT GRAY TRUST COMPANY, LLC · EIN 52-6328901 / PN 001 | Common Collective Trust | — | — | $13.2M | 1.3% | |
| EB Temporary Investment Fund Temporary Investment Fund | — | — | $7.9M | $7.9M | 0.8% | |
| ENIL (2008) 1/1/2009 | — | — | $64.4M | $7.1M | 0.7% | |
| Exper Gain 1/1/2010 | — | — | $5.1M | $5.1M | 0.5% | |
| Exper Loss 1/1/2012 | — | — | $13.0M | $4.7M | 0.4% | |
| Amendment 1/1/2022 | — | — | $36.0M | $4.1M | 0.4% | |
| Exper Gain 1/1/2011 | — | — | $6.7M | $3.5M | 0.3% | |
| Exper Loss 1/1/2016 | — | — | $19.2M | $3.4M | 0.3% | |
| Exper Loss 1/1/2017 | — | — | $19.0M | $3.0M | 0.3% | |
| Assumption 1/1/2022 | — | — | $25.3M | $2.9M | 0.3% | |
| Exper Loss 1/1/2019 | — | — | $19.6M | $2.7M | 0.3% | |
| Assumption 1/1/2019 | — | — | $17.4M | $2.4M | 0.2% | |
| Amendment 1/1/2014 | — | — | $9.8M | $2.3M | 0.2% | |
| Exper Loss 1/1/2018 | — | — | $14.7M | $2.1M | 0.2% | |
| Assumption 1/1/2011 | — | — | $4.0M | $2.1M | 0.2% | |
| Grosvenor Inst. Partners LP Temporary Investments | — | — | $2.0M | $2.0M | 0.2% | |
| service. Late Retirement Deferred vested participants retiring beyond age 62 are assumed to receive Increases for Deferred annual benefit increases up to age 72. Vested Participants Operating Expenses | — | — | — | $1.8M | 0.2% | |
| Ullico, Inc. - Class A Common Stock | — | — | $917K | $1.8M | 0.2% | |
| Exper Gain 1/1/2022 | — | — | $15.2M | $1.7M | 0.2% | |
| American Realty Cash | — | — | $1.7M | $1.7M | 0.2% | |
| Exper Loss 1/1/2015 | — | — | $8.1M | $1.6M | 0.2% | |
| Exper Loss 1/1/2020 | — | — | $12.2M | $1.6M | 0.1% | |
| Amendment 1/1/2000 | — | — | $7.7M | $1.5M | 0.1% | |
| Assumption 1/1/2002 | — | — | $9.0M | $1.4M | 0.1% | |
| Amendment 1/1/1999 | — | — | $5.8M | $1.3M | 0.1% | |
| Amendment 1/1/2001 | — | — | $7.6M | $1.3M | 0.1% | |
| Amendment 1/1/1997 | — | — | $3.4M | $1.2M | 0.1% | |
| ENIL (2008) 1/1/2011 | — | — | $10.0M | $1.1M | 0.1% | |
| Amendment 1/1/2004 | — | — | $7.2M | $975K | <0.1% | |
| Amendment 1/1/1998 | — | — | $3.5M | $962K | <0.1% | |
| Exper Loss 1/1/2014 | — | — | $3.9M | $897K | <0.1% | |
| ENIL (2008) 1/1/2010 | — | — | $8.1M | $882K | <0.1% | |
| Amendment 1/1/2005 | — | — | $6.8M | $866K | <0.1% | |
| Amendment 1/1/2002 | — | — | $5.1M | $818K | <0.1% | |
| Assumption 1/1/2021 | — | — | $6.8M | $816K | <0.1% | |
| Assumption 1/1/1997 | — | — | $2.1M | $737K | <0.1% | |
| Amendment 1/1/2003 | — | — | $4.9M | $718K | <0.1% | |
| Exper Loss 1/1/2023 | — | — | $6.2M | $684K | <0.1% | |
| Assumption 1/1/2023 | — | — | $6.2M | $679K | <0.1% | |
| Amendment 1/1/2013 | — | — | $2.2M | $609K | <0.1% | |
| Amendment 1/1/2007 | — | — | $4.7M | $536K | <0.1% | |
| Exper Gain 1/1/2021 | — | — | $4.1M | $490K | <0.1% | |
| Due from Broker for Pending Sales | — | — | — | $463K | <0.1% | |
| Exper Gain 1/1/2013 | — | — | $1.6M | $438K | <0.1% | |
| Amendment 1/1/2006 | — | — | $3.3M | $397K | <0.1% | |
| Assumption 1/1/2017 | — | — | $999K | $159K | <0.1% | |
| 6FKHGXOH0%/LQHV FDQG K 6FKHGXOH RI )XQGLQJ 6WDQGDUG $FFRXQW %DVHV Charges Date Initial Outstanding at 1/1/2024 Annual Type Established Period Balance Ext. Period Balance Payment Amendment 1/1/1996 | — | — | $250K | $129K | <0.1% | |
| which equals the prior year’s expenses rounded up to the next highest $100,000. Investment-related fees are not included in assumed operating | — | — | — | $100K | <0.1% | |
| 6FKHGXOH 0% /LQHV F DQG K 6FKHGXOH RI )XQGLQJ 6WDQGDUG $FFRXQW %DVHV Credits Date Initial Outstanding at 1/1/2024 Annual Type Established Period Balance Period Balance Payment Assumption 1/1/1995 | — | — | $35K | $35K | <0.1% | |
| Exper Gain 1/1/2024 | — | — | $243K | $26K | <0.1% | |
| Count 1 3 1 3 2 - 2 15 70 + Avg Ben Count 740 2,291 1,492 947 923 646 353 301 130 38 | — | — | — | $8K | <0.1% | |
| Lump Sum Benefit In lieu of either of the preceding pre-retirement death benefits, a beneficiary may elect to receive a lump sum equal to $500 times the Participant’s Future Benefit Units, not to exceed $5,000. | — | — | — | $5K | <0.1% | |
| Amount of Benefit $2,500 for all other Participants eligible. | — | — | — | $3K | <0.1% | |
| 40 - 44 Avg Ben | — | — | $2K | $2K | <0.1% | |
| Count 830 55 - 59 Avg Ben | — | — | $4K | $2K | <0.1% | |
| Count 524 60 - 64 Avg Ben | — | — | $4K | $2K | <0.1% | |
| number of benefit hours by 1,600. | — | — | — | $2K | <0.1% | |
| 35 - 39 Avg Ben | — | — | $1K | $2K | <0.1% | |
| Lump Sum Benefit – | — | — | — | $2K | <0.1% | |
| Count 104 65 - 69 Avg Ben | — | — | $1K | $1K | <0.1% | |
| Count 942 50 - 54 Avg Ben | — | — | $3K | $1K | <0.1% | |
| Count 80 365 283 278 135 3 - | — | — | — | $1K | <0.1% | |
| Count 115 500 368 132 4 - | — | — | — | $1K | <0.1% | |
| 30 - 34 Avg Ben $21 $201 $615 | — | — | — | $1K | <0.1% | |
| Count 71 264 240 195 226 71 1 - | — | — | — | $1K | <0.1% | |
| Count 918 45 - 49 Avg Ben | — | — | $2K | $1K | <0.1% | |
| Vesting Service See Benefit Units above. Vested Benefit | — | — | — | $1K | <0.1% |