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Original filing (PDF)20250730114325NAL0002310067004

BOARD OF TRUSTEES OF NECA/IBEW FAMILY MEDICAL CARE TRUST FUND

Form 5500
FILING_RECEIVED
NECA/IBEW FAMILY MEDICAL CARE TRUST FUND
Health & welfare plan
Signals · 3
~349 bps in Sched C feesNo recordkeeper disclosed42 service providers
Active participants
37,969
Accounts w/ balance
Plan assets (EOY)
$1.1B
Net assets (EOY)
$975.6M
How this plan invests
This plan
5 pooled trusts
Schedule D
773 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
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • 349 bps in Schedule C fees — 6874% above peer band of 5 bps.
  • No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES OF NECA/IBEW FAMILY MEDICAL CARE TRUST FUND.
Plan sponsor
Name
BOARD OF TRUSTEES OF NECA/IBEW FAMILY MEDICAL CARE TRUST FUND
EIN
75-3198514
Address
2400 RESEARCH BOULEVARD, SUITE 500 · ROCKVILLE, MD · 208503266
Phone
(301) 556-4300
Industry
Electrical 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
2025-07-30
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4U · Dependent Care
Audit & trust (Schedule H)
Auditor
CALIBRE CPA GROUP PLLC
Trustee / custodian
Trustee phone

Service providers (Schedule C)

42 rows
Other
42
NameEINLocationRelationDirect compIndirect comp
ANTHEM BLUE CROSS BLUE SHIELD58-0469845NONE$13.7M
SAV-RX PRESCRIPTION SERVICES47-0527013NONE$6.3M
NATIONAL ELECTRICAL BENEFIT FUND53-0181657AFFILIATED BENEFIT FUND$3.7M
ADMINISTRATIVE STAFF75-3198514EMPLOYEES$3.2M
ZELIS CLAIMS INTEGRITY, INC.86-1040704NONE$2.2M
XPERIS IT COMPANY47-1728257NONE$1.4M
METROPOLITAN LIFE INSURANCE CO13-5581829NONE$1.2M
SWORD HEALTH TECHOLOGIESDRAPER, UTNONE$733K
ULLICO INVESTMENT ADVISORS52-6435649NONE$712K
TELADOC HEALTH INC04-3705970NONE$485K
POTTS-DUPRE, HAWKINS & KRAMER CHTD.52-1660807NONE$424K
KELLY PRESS52-0975591NONE$388K
VISION SERVICE PLAN36-3560825NONE$387K
ROBERT W. BAIRD & CO. INCORPORATED39-6037917NONE$352K
ASB CAPITAL MANAGEMENT, LLC52-0965622NONE$265K
WEX HEALTH INC06-1593514NONE$214K
VOYA INVESTMENT TRUST COMPANY06-1440627NONE$201K
INCOME RESEARCH & MANAGEMENT04-2955404NONE$196K
MILLER, KAPLAN,LLP95-2036255NONE$177K
FOSTER & FOSTER ACTUARIES59-1921114NONE$176K
CHARTWELL INVESTMENT PARTNERS LLC36-4776242NONE$120K
TALKSPACE NETWORK, LLC82-5274788NONE$119K
MAGELLAN HEALTH52-2135463NONE$118K
SPOTLIGHT TALENT SOURCING LLC85-1689772NONE$99K
MARQUETTE ASSOCIATES, INC.36-3485298NONE$81K
CALIBRE CPA GROUP, PLLC47-0900880NONE$80K
THE BANK OF NEW YORK MELLON13-5160382NONE$62K
NOVAK FRANCELLA LLC61-1436956NONE$53K
FORD HARRISON LLP58-1314995NONE$46K
IRON MOUNTAIN OFF-SITE DATA PROTECT23-2588479NONE$42K
BAZA SERVICES LLC27-4748093NONE$33K
GREEN KEY TEMP26-1278726NONE$33K
LEGACY PROFESSIONALS LLP32-0043599NONE$22K
CENTERS FOR MEDICARE & MEDICAID SER54-1194322NONE$20K
FONTANA LITHOGRAPH,INC DBA MOSAIC52-0821478NONE$19K
SOVOS COMPLIANCE, LLC46-1379693NONE$18K
ADP, INC13-3036745NONE$16K
WITHUM, SMITH & BROWN, PC22-2027092NONE$15K
RICHARD J. WOLF AND CO. INCPALOS PARK, ILNONE$6K
BHSBALTIMORE, MDNONE$6K
ALLEN BATES TECHNOLOGIES INC32-0102319NONE$5K
UNION INSURANCE GROUPCHICAGO, ILNONE$0

Investments

760 direct securities · 5 pooled funds· $1.0B(97% 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.

Uncategorized
$769.0M
760 holdings
103-12 Investment Entity
$198.3M
3 holdings
Common Collective Trust
$72.6M
2 holdings
PIInvestmentTypeShares / unitsCostCurrent value% of plan
VANGUARD TOTAL STOCK MARKET INDEX FUNC909,106$240.5M22.4%
IRM CORE BOND FUND II
INCOME RESEARCH & MANAGEMENT · EIN 27-1803513 / PN 001
103-12 Investment Entity
7,153,671$116.0M10.8%
VANGUARD TOTAL BOND MARKET INDEX FUND11,307,863$107.2M10.0%
VANGUARD TOTAL INTERNATIONAL STOCK MARKET INDEX FUND422,280$53.5M5.0%
VOYA SENIOR LOAN COMMON TRUST FUND
VOYA INVESTMENT TRUST COMPANY · EIN 06-1440627 / PN 000
Common Collective Trust
$46.8M4.4%
ULLICO INFRASTRUCTURE TAX EXEMPT FU
ULLICO INVESTMENT ADVISORS INC. · EIN 90-0622302 / PN 001
103-12 Investment Entity
149,498$43.9M4.1%
ULLICO DIVERSIFIED INTL EQUITY FUND
ULLICO INVESTMENT ADVISORS INC. · EIN 74-3178242 / PN 001
103-12 Investment Entity
1,796,927$38.5M3.6%
BGO DIVERSIFIED US PROPERTY FUND, L.P.$32.9M3.1%
DREYFUS GOVT CAS MGMT INST 28930,446,662$30.4M2.8%
ASB ALLEGIANCE REAL ESTATE FUND
CHEVY CHASE TRUST COMPANY · EIN 52-6257033 / PN 006
Common Collective Trust
20,578$25.8M2.4%
US TREASURY NOTE7,950,000$7.8M0.7%
US TREASURY NOTE6,775,000$6.8M0.6%
U S TREASURY NOTE5,675,000$5.6M0.5%
US TREASURY BOND5,800,000$5.1M0.5%
US TREASURY BOND6,525,000$4.7M0.4%
US TREASURY NOTE4,475,000$4.4M0.4%
US TREASURY BOND6,025,000$4.2M0.4%
INTERCONTINENTAL U.S. REAL ESTATE INVESTMENT FUND, LLC$3.5M0.3%
US TREASURY BOND4,325,000$3.0M0.3%
U S TREASURY NOTE3,375,000$2.8M0.3%
US TREASURY NOTE2,875,000$2.7M0.3%
US TREASURY BOND4,125,000$2.6M0.2%
U S TREASURY NOTE2,450,000$2.4M0.2%
US TREASURY BOND2,675,000$1.9M0.2%
US TREASURY BOND2,325,000$1.8M0.2%
US TREASURY BOND2,075,000$1.7M0.2%
KINETIK HOLDINGS LP 144A1,225,000$1.3M0.1%
SIRIUS XM RADIO LLC 144A1,300,000$1.2M0.1%
PRIME SECURITY SERVICES B 144A1,240,000$1.2M0.1%
BOYD GAMING CORP1,280,000$1.2M0.1%
FORTRESS TRANSPORTATION A 144A1,265,000$1.2M0.1%
VISTRA OPERATIONS CO LLC 144A1,240,000$1.2M0.1%
CROWN AMERICAS LLC / CROWN AME1,245,000$1.2M0.1%
JAZZ SECURITIES DAC 144A1,300,000$1.2M0.1%
INTERNATIONAL GAME TECHNO 144A1,210,000$1.2M0.1%
HILTON DOMESTIC OPERATING 144A1,120,000$1.1M0.1%
JPMORGAN CHASE & CO1,100,000$1.1M0.1%
VICI PROPERTIES LP / VICI 144A1,105,000$1.1M0.1%
MUTUAL OF OMAHA COS GLOBA 144A1,100,000$1.1M0.1%
SBA COMMUNICATIONS CORP1,125,000$1.1M0.1%
VERIZON MASTER TRUST 6 A1A1,075,000$1.1M<0.1%
GLP CAPITAL LP / GLP FINANCING1,060,000$1.1M<0.1%
WESTERN DIGITAL CORP1,070,000$1.1M<0.1%
CITIGROUP INC1,100,000$1.1M<0.1%
NORDSON CORP1,075,000$1.0M<0.1%
TRAVEL + LEISURE CO1,045,000$1.0M<0.1%
UNIVERSAL HEALTH SERVICES INC1,075,000$1.0M<0.1%
US TREASURY NOTE1,250,000$1.0M<0.1%
CENTENE CORP1,040,000$1.0M<0.1%
AMCOR GROUP FINANCE PLC1,000,000$1.0M<0.1%
CHARTER COMMUNICATIONS OPERATI1,005,000$1.0M<0.1%
EQUINIX EUROPE 2 FINANCING COR1,000,000$1.0M<0.1%
HEALTH CARE SERVICE CORP 144A1,000,000$1000K<0.1%
NNN REIT INC1,000,000$996K<0.1%
ΧΡΟ INC 144A985,000$991K<0.1%
ESAB CORP 144A975,000$987K<0.1%
CLEARWAY ENERGY OPERATING 144A1,030,000$985K<0.1%
TEGNA INC 144A995,000$981K<0.1%
WESTERN MIDSTREAM OPERATING LP980,000$977K<0.1%
US TREASURY NOTE1,000,000$977K<0.1%
CHASE HOME LENDI RPL2 A1A 144A1,099,142$968K<0.1%
MACQUARIE AIRFINANCE HOLD 144A910,000$954K<0.1%
MICROSOFT CORP925,000$942K<0.1%
STARWOOD PROPERTY TRUST | 144A976,000$942K<0.1%
COMMONWEALTH BANK OF AUST 144A925,000$935K<0.1%
GMF FLOORPLAN OWNER 1A A1 144A925,000$934K<0.1%
GENUINE PARTS CO850,000$932K<0.1%
IPALCO ENTERPRISES INC925,000$927K<0.1%
SLM CORP930,000$922K<0.1%
TEXTRON INC875,000$912K<0.1%
VITERRA FINANCE BV 144A1,000,000$873K<0.1%
SUNOCO LP / SUNOCO FINANCE COR870,000$868K<0.1%
FHLMC MULTICLASS MTG K071 A2900,000$868K<0.1%
WESCO DISTRIBUTION INC 144A850,000$861K<0.1%
FHLMC POOL #SD-29031,096,785$859K<0.1%
JPMDB COMMERCIAL MORTGAG C7 A5900,000$853K<0.1%
GFL ENVIRONMENTAL INC 144A860,000$851K<0.1%
ICAHN ENTERPRISES LP / ICAHN E895,000$847K<0.1%
DEUTSCHE BANK AG/NEW YORK NY1,000,000$846K<0.1%
TEVA PHARMACEUTICAL FINANCE NE875,000$841K<0.1%
GLENCORE FUNDING LLC 144A800,000$840K<0.1%
FNMA POOL #0FS46541,069,822$840K<0.1%
AKER BP ASA 144A825,000$838K<0.1%
PREMIER HEALTH PARTNERS875,000$837K<0.1%
SKANDINAVISKA ENSKILDA BA 144A825,000$833K<0.1%
ARCELORMITTAL SA775,000$828K<0.1%
TRANE TECHNOLOGIES FINANCING L825,000$827K<0.1%
FNMA POOL #0FS0434991,973$826K<0.1%
AMERICAN AIRLINES INC/AAD 144A820,000$818K<0.1%
US TREASURY BOND1,300,000$806K<0.1%
HAT HOLDINGS I LLC / HAT 144A830,000$804K<0.1%
WEIR GROUP PLC/THE 144A800,000$769K<0.1%
US TREASURY BOND1,075,000$763K<0.1%
UNITED RENTALS NORTH AMER 144A750,000$757K<0.1%
BRINK'S CO/THE 144A740,000$750K<0.1%
WELLS FARGO & CO725,000$736K<0.1%
PFS FINANCING CORP FA 144A725,000$723K<0.1%
STELLANTIS FINANCE US INC 144A775,000$723K<0.1%
WESTVACO CORP NY700,000$721K<0.1%
TOWD POINT MORTGAGE 2 A1A 144A725,000$718K<0.1%
HUNTINGTON BANCSHARES INC/OH725,000$718K<0.1%
FEDERATION DES CAISSES DE 144A725,000$716K<0.1%
COLORADO ST HSG & FIN AUTH700,000$716K<0.1%
WESTPAC BANKING CORP725,000$714K<0.1%
RENESAS ELECTRONICS CORP 144A750,000$710K<0.1%
FIRST NATIONAL MASTER NOTE 1 A700,000$706K<0.1%
ITC HOLDINGS CORP 144A700,000$701K<0.1%
GOLDMAN SACHS GROUP INC/THE725,000$697K<0.1%
US TREASURY BOND1,425,000$696K<0.1%
DISCOVER BANK675,000$687K<0.1%
VMWARE LLC725,000$687K<0.1%
TOWD POINT MORTGAGE 5 A1A 144A703,970$686K<0.1%
ASHTEAD CAPITAL INC 144A725,000$686K<0.1%
FNMA POOL #0MA4333815,767$681K<0.1%
FHLMC POOL #RB-5138817,675$679K<0.1%
TD SYNNEX CORP700,000$665K<0.1%
HERC HOLDINGS INC 144A655,000$663K<0.1%
FNMA POOL #0FS5163681,522$660K<0.1%
BELL TELEPHONE CO OF CANADA OR675,000$656K<0.1%
CENTENE CORP725,000$654K<0.1%
FHLMC POOL #SD-7535780,967$648K<0.1%
TARGA RESOURCES CORP625,000$645K<0.1%
FNMA POOL #0FS2902658,295$640K<0.1%
DXC TECHNOLOGY CO675,000$639K<0.1%
NATIONWIDE MUTUAL INSURAN 144A500,000$637K<0.1%
BANCO SANTANDER SA600,000$631K<0.1%
FNMA POOL #0MA4158798,787$627K<0.1%
TENET HEALTHCARE CORP665,000$624K<0.1%
GGAM FINANCE LTD 144A605,000$624K<0.1%
TENET HEALTHCARE CORP630,000$617K<0.1%
PARK INTERMEDIATE HOLDING 144A630,000$616K<0.1%
PARK INTERMEDIATE HOLDING 144A650,000$611K<0.1%
NXP BV/NXP FUNDING LLC / NXP725,000$610K<0.1%
FNMA POOL #0AT5026688,344$607K<0.1%
TRANSDIGM INC 144A605,000$606K<0.1%
NISOURCE INC650,000$606K<0.1%
PROTECTIVE LIFE GLOBAL FU 144A600,000$604K<0.1%
FHLMC POOL #G6-7710663,290$596K<0.1%
FHLMC POOL #SB-1203687,887$593K<0.1%
ONEMAIN FINANCE CORP620,000$591K<0.1%
FHLMC POOL #G6-0187676,158$590K<0.1%
WELLS FARGO & CO600,000$586K<0.1%
VALE OVERSEAS LTD550,000$586K<0.1%
ALLEGION PLC625,000$584K<0.1%
MORGAN STANLEY BANK OF C32 A4600,000$583K<0.1%
VIDEOTRON LTD 144A625,000$581K<0.1%
HERC HOLDINGS INC 144A580,000$573K<0.1%
JACKSON NATIONAL LIFE GLO 144A575,000$573K<0.1%
FNMA POOL #0FS2018591,348$564K<0.1%
FNMA POOL #0MA4047715,207$562K<0.1%
OCHSNER LSU HEALTH SYSTEM OF N725,000$560K<0.1%
AT&T INC800,000$553K<0.1%
FHLMC POOL #ZT-0531610,818$550K<0.1%
FNMA POOL #0CA8761600,274$549K<0.1%
ΚΕΥΒΑΝΚ ΝA/CLEVELAND OH575,000$545K<0.1%
FNMA POOL #0MA4018691,337$543K<0.1%
TOWD POINT MORTGAGE 1 A1 144A541,175$540K<0.1%
BUNGE LTD FINANCE CORP550,000$536K<0.1%
TOWD POINT MORTGAGE 2 A1 144A575,431$535K<0.1%
FIRSTKEY HOMES 202 SFR1 A 144A544,572$534K<0.1%
VOLKSWAGEN GROUP OF AMERI 144A550,000$533K<0.1%
FNMA POOL #0CB6541522,217$528K<0.1%
WELLS FARGO COMMERCIAL C51 A4575,000$524K<0.1%
TOWD POINT MORTGAGE 3 A1 144A556,828$520K<0.1%
NVENT FINANCE SARL525,000$520K<0.1%
T-MOBILE USA INC550,000$517K<0.1%
BANK5 2024-5YR7 5YR7 A3500,000$511K<0.1%
COREBRIDGE FINANCIAL INC525,000$510K<0.1%
US TREASURY BOND575,000$508K<0.1%
CHASE HOME LENDI RPL3 A1 144A571,745$505K<0.1%
INTERNATIONAL FLAVORS & F 144A550,000$505K<0.1%
AERCAP IRELAND CAPITAL DAC / A488,000$503K<0.1%
FNMA POOL #0BM5136534,884$500K<0.1%
MPLX LP500,000$499K<0.1%
INTACT FINANCIAL CORP 144A500,000$499K<0.1%
CREDIT AGRICOLE SA 144A500,000$499K<0.1%
BNP PARIBAS SA 144A500,000$498K<0.1%
ABN AMRO BANK NV 144A500,000$498K<0.1%
GENTING NEW YORK LLC / GE 144A480,000$494K<0.1%
ENERGY TRANSFER LP475,000$492K<0.1%
FIRSTKEY HOMES 202 SFR3 A 144A497,608$492K<0.1%
FHLMC POOL #SD-7555570,628$491K<0.1%
QUANTA SERVICES INC550,000$491K<0.1%
FNMA POOL #0FS8463480,982$490K<0.1%
BARCLAYS PLC500,000$489K<0.1%
GNMA II POOL #0MA0462534,143$488K<0.1%
WESTINGHOUSE AIR BRAKE TECHNOL500,000$488K<0.1%
FLEX LTD500,000$488K<0.1%
SOUTH BOW USA INFRASTRUCT 144A500,000$486K<0.1%
FNMA POOL #0MA4155547,964$486K<0.1%
DENTSPLY SIRONA INC550,000$486K<0.1%
FMC CORP500,000$485K<0.1%
VERIZON COMMUNICATIONS INC525,000$485K<0.1%
GNMA II POOL #0MA1286511,997$483K<0.1%
CITIGROUP COMMERCIAL MOR C3 A4500,000$482K<0.1%
BANK 2017-BNK7 BNK7 A5500,000$480K<0.1%
FNMA POOL #0FM8368602,370$475K<0.1%
CHARTER COMMUNICATIONS OPERATI475,000$474K<0.1%
CNA FINANCIAL CORP550,000$472K<0.1%
CARLISLE COS INC525,000$470K<0.1%
Showing top 200 of 765 investments by value.