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Original filing (PDF)20251013123009NAL0001214385001
BOARD OF TRUSTEES, FREIGHT DRIVERS AND HELPERS LOCAL UNION NO. 557
Form 5500
FILING_RECEIVED
FREIGHT DRIVERS AND HELPERS LOCAL UNION NO. 557 PENSION PLAN
Defined-benefit pension plan
Signals · 3
100% in single holdingNo recordkeeper disclosed14 service providers
Active participants
148
Accounts w/ balance
—
Plan assets (EOY)
$212.7M
Net assets (EOY)
$212.3M
How this plan invests
This plan
1 pooled trust
Schedule D
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
83
/ 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
68
Participation health
100
Knocking points off
- Top holding "[DFE: COMERICA U.S. GOVERNMENT LONG BOND FUND (extraction pending)]" is 100% of plan.
- 60 bps in Schedule C fees — 495% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
- Highly fragmented vendor stack (14 disclosed providers, 6 categories).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, FREIGHT DRIVERS AND HELPERS LOCAL UNION NO. 557.
Plan sponsor
Name
BOARD OF TRUSTEES, FREIGHT DRIVERS AND HELPERS LOCAL UNION NO. 557
DBA
PENSION
EIN
52-6118055
Address
7130 COLUMBIA GATEWAY DR., SUITE A · COLUMBIA, MD · 21046
Phone
(410) 872-9546
Industry
Transportation & Warehousingsee 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
2025-10-13
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
HCFL
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
14 rowsCustodian
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| US BANK | 31-0841368 | — | CUSTODIAL | $38K | — |
| PNC BANK, NA | 22-1146430 | — | CUSTODIAL | $20K | — |
Advisor / Consultant
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| RYAN ALM, INC | — | JUPITER, FL | INVESTMENT MANAGER | $162K | — |
| FIDUCIARYVEST, LLC | — | ATLANTA, GA | INVESTMENT ADVISORS | $120K | — |
| ROBERT W. BAIRD & CO. | — | — | INVESTMENT MANAGER | $29K | — |
| COMERICA BANK AND TRUST | — | DETROIT, MI | INVESTMENT MANAGER | $28K | — |
| SILVERCREST ASSET MANAGEMENT GROUP | — | NEW YORK, NY | INVESTMENT MANAGER | $25K | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BENEFITS ADMINISTRATION, LLC | 52-1139156 | — | PLAN ADMINISTRATOR | $147K | — |
| BENESYS,INC. | — | TROY, MI | PLAN ADMINISTRATOR | $106K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HCFL | 52-1399339 | TIMONIUM, MD | AUDITOR | $39K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE SEGAL COMPANY | 13-1835864 | — | ACTUARY | $155K | — |
Legal counsel
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GROOM LAW GROUP, CHARTERED | 52-1219029 | WASHINGTON, DC | LEGAL COUNSEL | $196K | — |
| ABATO, RUBENSTEIN & ABATO, P.A. | 52-0904713 | — | LEGAL COUNSEL | $133K | — |
| MORGAN, LEWIS & BOCKIUS, LLP | 23-0891050 | — | LEGAL COUNSEL | $69K | — |
Investments
1 direct security · 1 pooled fund· $12.7M(6% 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
$6.3M
1 holding
Common Collective Trust
$6.3M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| [DFE: COMERICA U.S. GOVERNMENT LONG BOND FUND (extraction pending)] | — | — | — | $6.3M | 3.0% | |
| CONESTOGA SMALL CAP GROWTH COLLECTI COMERICA BANK AND TRUST · EIN 83-6452577 / PN 001 | Common Collective Trust | — | — | $6.3M | 3.0% |