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Original filing (PDF)20251010142450NAL0012791200001
TRUSTEES OF THE PLUMBERS & PIPEFITTERS LOCAL UNION NO. 630 WELFARE TRU
Form 5500
FILING_RECEIVED
PLUMBERS & PIPEFITTERS LOCAL UNION NO. 630 WELFARE TRUST FUND
Health & welfare plan
Signals · 3
35% in single holding~217 bps in Sched C feesNo recordkeeper disclosed
Active participants
772
Accounts w/ balance
—
Plan assets (EOY)
$27.8M
Net assets (EOY)
$25.3M
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)
86
/ 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
82
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "PIM CO LOW DURATION INCOM E FUND SHARES - EXCHANGE TRADED FUND" is 35% of plan.
- 217 bps in Schedule C fees — 648% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TRUSTEES OF THE PLUMBERS & PIPEFITTERS LOCAL UNION NO. 630 WELFARE TRU.
Plan sponsor
Name
TRUSTEES OF THE PLUMBERS & PIPEFITTERS LOCAL UNION NO. 630 WELFARE TRU
EIN
59-6134296
Address
2010 NW 150TH AVENUE, SUITE 200 · PEMBROKE PINES, FL · 33028
Phone
(800) 842-5899
Industry
Plumbing, Heating, AC Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Welfare benefit codes
4F · Temporary Disability (accident and sickness)
4A · Health (other than dental or vision)
4D · Dental
4E · Vision
Audit & trust (Schedule H)
Auditor
LAPADULA, CARLSON + CO
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFITS ADMIN | 65-0498809 | — | NONE | $367K | — |
| HORIZON ACTUARIAL SERVICES LLC | 26-1370698 | — | NONE | $145K | — |
| LAPADULA CARLSON & CO. | 65-0292391 | — | NONE | $41K | — |
| SUGARMAN & SUSSKIND PA | 59-2539792 | — | NONE | $38K | — |
| MORGAN STANLEY SMITH BARNEY | 26-4310632 | — | NONE | $13K | — |
Investments
7 direct securities· $32.3M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PIM CO LOW DURATION INCOM E FUND SHARES - EXCHANGE TRADED FUND | — | — | $10.9M | $11.4M | 41.1% | |
| M ORGAN STANLEY PRIVATE BANK NATL ASSN SHARES - M ONEY M ARKET FUND | — | — | $6.7M | $6.7M | 24.0% | |
| PIMCO Enhanced Low Duration Fund Exchange-Traded Fund | — | — | $5.6M | $5.6M | 20.0% | |
| PIM CO ENHANCED LOW DURATION FUND SHARES - EXCHANGE TRADED FUND | — | — | $3.4M | $3.1M | 11.3% | |
| FEDERATED HERM ES GOVERNM ENT OBLIGATION FUND SHARES - M ONEY M ARKET FUND | — | — | $2.9M | $2.9M | 10.3% | |
| Federated Hermes Government Obligation Fund Money Market Fund | — | — | $1.7M | $1.7M | 5.9% | |
| Federated Hermes Government Obligation Fund Money Market Fund | — | — | $1000K | $1000K | 3.6% |