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Original filing (PDF)20251015094249NAL0004482929001
PRODUCTS (SE) PIPE LINE CORPORATION
Form 5500
FILING_RECEIVED
EMPLOYEES ANNUITY PLAN - PRODUCTS (SE)PIPE LINE CORPORATION
Defined-benefit pension plan
Signals · 2
25% in single holding~134 bps in Sched C fees
Active participants
22
Accounts w/ balance
—
Plan assets (EOY)
$18.1M
Net assets (EOY)
$18.0M
How this plan invests
This plan
8 pooled trusts
Schedule D
9 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
87
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "State Street and Trust Company" is 25% of plan.
- 134 bps in Schedule C fees — 360% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PRODUCTS (SE) PIPE LINE CORPORATION.
Plan sponsor
Name
PRODUCTS (SE) PIPE LINE CORPORATION
EIN
58-0388035
Address
1001 LOUISIANA STREET SUITE 1000 · HOUSTON, TX · 77002
Phone
(713) 420-2600
Industry
Transportation & Warehousingsee all
Plan administrator
Name
ADMINISTRATIVE COMMITTEE PRODUCTS (SE) PIPE LINE CORPORATION
EIN
58-0388035
City
HOUSTON, TX
Phone
(713) 420-2600
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
MCCONNELL & JONES, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER INVESTMENT LLC | 30-0282430 | — | NONE | $146K | — |
| MERCER (US) INC. | 61-0736136 | — | NONE | $61K | — |
| MCCONNELL & JONES, LLP | 76-0488832 | — | NONE | $24K | — |
| NORTHERN TRUST CUSTODY | 36-1561860 | — | N/A | $5K | — |
| TELUS HEALTH | 52-1883918 | — | NONE | $5K | — |
Investments
6 direct securities · 8 pooled funds· $26.1M(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.
Common Collective Trust
$17.3M
8 holdings
Uncategorized
$8.8M
6 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| State Street and Trust Company | — | — | $2.7M | $4.5M | 24.7% | |
| SSGA RUSSELL ALL CAP INDEX N LENDIN STATE STREET GLOBAL ADVISORS · EIN 90-0337987 / PN 232 | Common Collective Trust | — | — | $4.5M | 24.7% | |
| MERCER ACTIVE LONG CORPORATE FIXED MERCER GROUP TRUST COMPANY · EIN 45-6178743 / PN 004 | Common Collective Trust | — | $4.1M | $4.3M | 23.8% | |
| MERCER LONG STRIPS MERCER COLLECTIVE TRUST · EIN 80-6243236 / PN 019 | Common Collective Trust | — | $3.7M | $3.4M | 18.8% | |
| State Street and Trust Company | — | — | $1.9M | $2.3M | 12.7% | |
| SSGA INTL STOCK NL SF CLASS A STATE STREET GLOBAL ADVISORS · EIN 90-0337987 / PN 157 | Common Collective Trust | — | — | $2.3M | 12.7% | |
| State Street and Trust Company | — | — | $1.0M | $1.2M | 6.5% | |
| SSGA EMERGING MKTS EQUITY INDX A STATE STREET GLOBAL ADVISORS · EIN 04-0025081 / PN 496 | Common Collective Trust | — | — | $1.2M | 6.5% | |
| MERCER OPPORTUNISTIC FIXED INCOME MERCER COLLECTIVE TRUST · EIN 36-7630030 / PN 020 | Common Collective Trust | — | $915K | $1.0M | 5.6% | |
| Mercer Collective Trust | — | — | $752K | $668K | 3.7% | |
| MERSER US CORE T REAL ESTATE MERCER COLLECTIVE TRUST · EIN 87-1321612 / PN 022 | Common Collective Trust | — | — | $668K | 3.7% | |
| The Northern Trust Company | — | — | $197K | $197K | 1.1% | |
| The Northern Trust Company | — | — | $47K | $47K | 0.3% | |
| MERCER PASSIVE LONG GOVT FIXED INC MERCER COLLECTIVE TRUST · EIN 51-0560117 / PN 010 | Common Collective Trust | — | — | $0 | <0.1% |