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Original filing (PDF)20250828095446NAL0010355201003
TRUSTEES OF THE PLUMBERS AND PIPEFITTERS LOCAL 123 PENSION FUND
Form 5500
FILING_RECEIVED
PLUMBERS & PIPEFITTERS LOCAL 123 PENSION FUND
Defined-benefit pension plan
Signals · 4
69% in single holding~89 bps in Sched C feesNo recordkeeper disclosed10 service providers
Active participants
568
Accounts w/ balance
—
Plan assets (EOY)
$67.4M
Net assets (EOY)
$67.3M
How this plan invests
This plan
4 pooled trusts
Schedule D
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 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
80
Participation health
100
Knocking points off
- Top holding "[DFE: LEGAL & GENERAL S&P 500 CIT FUND (extraction pending)]" is 69% of plan.
- 89 bps in Schedule C fees — 455% 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 TRUSTEES OF THE PLUMBERS AND PIPEFITTERS LOCAL 123 PENSION FUND.
Plan sponsor
Name
TRUSTEES OF THE PLUMBERS AND PIPEFITTERS LOCAL 123 PENSION FUND
EIN
59-6164124
Address
8657 BAYPINE ROAD · JACKSONVILLE, FL · 32256
Phone
(954) 266-6322
Industry
Plumbing, Heating, AC 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
2025-08-28
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
LEGACY PROFESSIONALS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsOther
10| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY, LLC | 11-3658445 | — | NONE | $202K | — |
| NATIONAL EMPLOYEE BENEFIT ADMINISTR | 65-0498809 | — | NONE | $123K | — |
| HORIZON ACTUARIAL SERVICES LLC | 26-1370698 | — | NONE | $100K | — |
| INVESCO ADVISERS, INC | — | ATLANTA, GA | NONE | $52K | — |
| VENABLE LAW FIRM | 59-1824867 | — | NONE | $34K | — |
| PLUMBERS AND PIPEFITTERS LOCAL 123 | — | DOVER, FL | RELATED LOCAL UNION | $29K | — |
| LEGACY PROFESSIONALS LLP | 32-0043599 | — | NONE | $22K | — |
| SEGALL BRYANT HAMILL | 35-2679129 | — | NONE | $18K | — |
| FOUNDRY PARTNERS, LLC | 46-1184506 | — | NONE | $13K | — |
| TRUIST BANK | — | CHARLOTTE, NC | NONE | $6K | — |
Investments
4 pooled funds· $17.2M(26% 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
$17.2M
3 holdings
103-12 Investment Entity
$0
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LEGAL & GENERAL S&P 500 CIT FUND RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 005 | Common Collective Trust | — | — | $11.8M | 17.6% | |
| LEGAL & GENERAL MSCI EX US CIT FUND RELIANCE TRUST COMPANY · EIN 35-7085469 / PN 010 | Common Collective Trust | — | — | $5.4M | 8.0% | |
| LONGVIEW ULTRA CONSTRUCTION LOAN IN AMALGAMATED BANK · EIN 20-8434730 / PN 006 | Common Collective Trust | — | — | $15K | <0.1% | |
| HARDMAN JOHNSTON INTERNATIONAL EQTY HARDMAN JOHNSTON GLOBAL ADVISORS · EIN 26-6493485 / PN 001 | 103-12 Investment Entity | — | — | $0 | <0.1% |