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Original filing (PDF)20251007161420NAL0005039473004
IRON WORKERS NO 28 PENSION FUND
Form 5500
FILING_RECEIVED
IRON WORKERS NO 28 PENSION FUND
Defined-benefit pension plan
Signals · 3
38% in single holdingNo recordkeeper disclosed6 service providers
Active participants
249
Accounts w/ balance
—
Plan assets (EOY)
$62.2M
Net assets (EOY)
$62.1M
How this plan invests
This plan
38 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 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
81
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Vangaurd Growth ETF ETF N/A 0.47%" is 38% of plan.
- 34 bps in Schedule C fees — 110% 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 IRON WORKERS NO 28 PENSION FUND.
Plan sponsor
Name
IRON WORKERS NO 28 PENSION FUND
EIN
54-6112218
Address
P.O BOX 13487 · ROANOKE, VA · 240340009
Phone
(540) 345-7735
Industry
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
2025-10-07
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsOther
6| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| L.C MUSGROVE ASSOCIATES | 54-0759756 | ROANOKE, VA | NONE | $95K | — |
| BHA CONSULTING, LLC | 26-1384808 | SUWANEE, GA | NONE | $41K | — |
| CALIBRE CPA GROUP, PLLC | 47-0900880 | BETHESDA, MD | NONE | $33K | — |
| O'DONOGHUE & O'DONOGHUE | 53-0120528 | WASHINGTON, DC | NONE | $26K | — |
| MERILL LYNCH | 13-3180817 | ALBANY, NY | NONE | $9K | — |
| SEGAL SELECT | 46-0619194 | NEW YORK, NY | NONE | $5K | — |
Investments
34 direct securities· $59.7M(96% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vangaurd Growth ETF N/A 0.47% | — | — | $19.1M | $22.9M | 36.8% | |
| M utual Funds Vanguard Value ETF N/A 2.31% | — | — | $17.0M | $18.0M | 29.0% | |
| Vanguard FSTE Developed ETF N/A 3.35% | — | — | $6.0M | $5.8M | 9.3% | |
| ABBOTT LABORATORIES Bonds 11/30/2026 3.80% | — | — | $639K | $646K | 1.0% | |
| PNC FINANCIAL SERVICES Bonds 6/12/2029 5.49% | — | — | $638K | $644K | 1.0% | |
| GOLDM AN SACHS GROUP INC Bonds 2/25/2026 3.79% | — | — | $636K | $644K | 1.0% | |
| SALESFORCE.COM INC Bonds 4/11/2028 3.80% | — | — | $638K | $642K | 1.0% | |
| PHILIP M ORRIS INTL INC Bonds 11/17/2029 5.46% | — | — | $637K | $642K | 1.0% | |
| PFIZER INVESTM ENT ENTER Bonds 5/19/2030 4.70% | — | — | $646K | $641K | 1.0% | |
| JPM ORGAN CHASE & CO Bonds 7/15/2025 3.91% | — | — | $629K | $637K | 1.0% | |
| BP CAP M ARKETS AM ERICA Bonds 9/21/2025 3.81% | — | — | $620K | $629K | 1.0% | |
| BANK OF NY M ELLON CORP Bonds 3/14/2030 4.97% | — | — | $648K | $629K | 1.0% | |
| ANTHEM INC Bonds 12/1/2027 3.75% | — | — | $329K | $335K | 0.5% | |
| Corporate notes and bonds M ERCK & CO INC Bonds 2/10/2025 2.76% | — | — | $329K | $334K | 0.5% | |
| VERIZON COM M UNICATIONS Bonds 2/15/2025 3.38% | — | — | $328K | $333K | 0.5% | |
| UNITED TECHNOLOGIES CORP Bonds 8/16/2025 3.97% | — | — | $328K | $332K | 0.5% | |
| AM GEN INC Bonds 2/21/2027 2.32% | — | — | $324K | $332K | 0.5% | |
| ABBVIE INC Bonds 11/14/2028 4.32% | — | — | $330K | $332K | 0.5% | |
| DOWDUPONT INC Bonds 11/15/2028 4.75% | — | — | $332K | $331K | 0.5% | |
| LOWE'S COS INC Bonds 4/15/2026 2.57% | — | — | $323K | $331K | 0.5% | |
| ANHEUSER-BUSCH INBEV WOR Bonds 4/13/2028 4.07% | — | — | $329K | $331K | 0.5% | |
| FISERV INC Bonds 6/1/2027 2.39% | — | — | $321K | $330K | 0.5% | |
| WALT DISNEY COM PANY/THE Bonds 1/13/2028 2.36% | — | — | $322K | $329K | 0.5% | |
| NORTHROP GRUM M AN CORP Bonds 1/15/2028 3.40% | — | — | $323K | $328K | 0.5% | |
| CITIGROUP INC Bonds 10/27/2028 3.66% | — | — | $319K | $326K | 0.5% | |
| HP ENTERPRISE CO Bonds 10/15/2025 4.90% | — | — | $324K | $326K | 0.5% | |
| FIFTH THIRD BANCORP Bonds 7/27/2029 6.11% | — | — | $322K | $326K | 0.5% | |
| AT&T INC Bonds 3/1/2029 4.45% | — | — | $321K | $324K | 0.5% | |
| CVS HEALTH CORP Bonds 1/30/2029 5.07% | — | — | $325K | $322K | 0.5% | |
| WELLS FARGO & COM PANY Bonds 7/22/2027 4.36% | — | — | $317K | $321K | 0.5% | |
| SHIRE ACQ INV IRELAND DA Bonds 9/23/2026 3.27% | — | — | $314K | $320K | 0.5% | |
| DUKE ENERGY CORP Bonds 9/1/2026 2.74% | — | — | $312K | $319K | 0.5% | |
| CAPITAL ONE FINANCIAL CO Bonds 3/9/2027 3.84% | — | — | $314K | $319K | 0.5% | |
| M ORGAN STANLEY Bonds 4/23/2027 4.03% | — | — | $308K | $313K | 0.5% |
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