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Original filing (PDF)20251212101507NAL0008718560003
JOINT BOARD OF TRUSTEES OF BAC LOCAL 23 NORTH SHORE CHAPTER
Form 5500
FILING_RECEIVED
BAC LOCAL 23 NORTH SHORE CHAPTER HEALTH AND WELFARE FUND
Health & welfare plan
Signals · 4
41% in single holding~352 bps in Sched C feesNo recordkeeper disclosed13 service providers
Active participants
556
Accounts w/ balance
—
Plan assets (EOY)
$16.4M
Net assets (EOY)
$15.3M
How this plan invests
This plan
6 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
80
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Registered Investment Companies Baird Aggregate Bond Fund Class Institutional 526,506 Shares" is 41% of plan.
- 352 bps in Schedule C fees — 1115% 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 JOINT BOARD OF TRUSTEES OF BAC LOCAL 23 NORTH SHORE CHAPTER.
Plan sponsor
Name
JOINT BOARD OF TRUSTEES OF BAC LOCAL 23 NORTH SHORE CHAPTER
EIN
62-1523674
Address
9525 SWEET VALLEY DRIVE · VALLEY VIEW, OH · 44125
Phone
(216) 520-1644
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-03-01
Tax period
2025-02-28
Filed
2025-12-12
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4F · Temporary Disability (accident and sickness)
4L · Death Benefits (other than life insurance)
Audit & trust (Schedule H)
Auditor
DGPERRY
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
13 rowsOther
13| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MEDICAL MUTUAL OF OHIO | 34-0648820 | CLEVELAND, OH | NONE | $251K | — |
| THE JAMES B OSWALD COMPANY | 34-0445620 | CLEVELAND, OH | NONE | $82K | — |
| LAUREL NIELSEN | 62-1523674 | — | EMPLOYEE OF PLAN SPONSOR | $36K | — |
| FAULKNER, HOFFMAN AND PHILLIPS | 45-1540483 | CLEVELAND, OH | NONE | $34K | — |
| ERICA KAWCZYNSKI | 62-1523674 | — | EMPLOYEE OF PLAN SPONSOR | $33K | — |
| DGPERRY, PLLC | 83-3033790 | CANFIELD, OH | NONE | $32K | — |
| DENNIS RAHE | 62-1523674 | — | EMPLOYEE OF PLAN SPONSOR | $31K | — |
| BENESYS | 38-2383171 | TROY, MI | NONE | $28K | — |
| SEGAL MARCO ADVISORS | 13-2646110 | CLEVELAND, OH | NONE | $14K | — |
| HORIZON ACTUARIAL SERVICES, LLC | 26-1370698 | SILVER SPRINGS, MD | NONE | $14K | — |
| BRICKLAYERS ALLIED CRAFTWORKERS | — | VALLEY VIEW, OH | NONE | $10K | — |
| FIFTH THIRD | 31-1051736 | DAYTON, OH | NONE | $8K | — |
| THE UNION LABOR LIFE INSURANCE | 13-1423090 | WASHINGTON, DC | NONE | $5K | — |
Investments
6 direct securities· $12.7M(78% of reported assets)
Uncategorized
$12.7M
5 holdings
Common Stocks
$38K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Registered Investment Companies Baird Aggregate Bond Fund Class Institutional 526,506 Shares | — | — | $5.8M | $5.2M | 31.7% | |
| Vanguard Total Stock Market Index Fund 24,012 Shares | — | — | $1.2M | $3.4M | 20.9% | |
| Vanguard Total International Stock Index Fund 67,494 Shares | — | — | $1.8M | $2.3M | 13.7% | |
| PIMCO Income Fund Institutional Class 164,838 Shares | — | — | $1.9M | $1.8M | 10.8% | |
| s * KeyCorp 2,470 Shares | Common Stocks | — | $15K | $38K | 0.2% | |
| Money Market Funds Federated Treasury Obligation Institutional Shares 33,477 Shares, Money Market Fund, Variable Interest Rate | — | — | $33K | $33K | 0.2% |