Original filing (PDF)20251016141202NAL0003411907003

BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL NO. 5 PENSION PLAN

Name: BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL NO. 5 PENSION PLAN — Form 5500 (2024)
Creator: BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL NO. 5 PENSION PLAN

Form 5500

FILING_RECEIVED

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed11 service providers

Active participants

314

Accounts w/ balance

—

Plan assets (EOY)

$83.7M

Net assets (EOY)

$83.0M

How this plan invests

This plan

5 pooled trusts

Schedule D

162 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 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

Vendor stack

Participation health

100

Knocking points off

50 bps in Schedule C fees — 215% 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 BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL NO. 5 PENSION PLAN.

Plan sponsor

Name

BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL NO. 5 PENSION PLAN

EIN

80-0083075

Address

14 PLOG ROAD SUITE 2 · FAIRFIELD, NJ · 07002

Phone

(800) 324-5881

Industry

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

2025-10-16

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

RICHARD J. CUMMINGS, CPA

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

11 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
INTERCONTINENTAL REAL ESTATE CORP.	11-3786306	BOSTON, MA	NONE	$97K	—
RICHARD J. CUMMINGS CPA	22-3346148	HACKENSACK, NJ	NONE	$75K	—
VIRGINIA & AMBINDER, LLP	13-4166736	NEW YORK, NY	NONE	$54K	—
CHARTWELL INVESTMENT PARTNERS	36-4776242	BERWYN, PA	NONE	$35K	—
CHICAGO BENEFIT CONSULTANTS INC.	20-8199367	CHERRY HILL, NJ	NONE	$34K	—
SUSANIN WIDMAN & BRENNAN PC	23-2265950	BERWYN, PA	NONE	$32K	—
SIERRA INVESTMENT PARTNERS INC.	68-0370668	VACAVILLE, CA	NONE	$27K	—
SCHULTHEIS & PANATTIERI LLP	13-1577780	HAUPPAUGE, NY	NONE	$27K	—
ASB CAPITAL MANAGEMENT LLC	52-2288019	BETHESDA, MD	NONE	$22K	—
PRINCIPAL BANK	42-1466678	DES MOINES, IA	NONE	$18K	—
INVESTMENT PERFORMANCE SERVICES LLC	58-2432390	SAVANNAH, GA	NONE	—	—

Investments

147 direct securities · 5 pooled funds· $79.7M(95% 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

$45.0M

146 holdings

Common Collective Trust

$34.6M

5 holdings

Corporate Bonds

$95K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
TROWEL TRADES LARGE CAP EQUITY INDE COMERICA BANK & TRUST · EIN 38-3558170 / PN 001	Common Collective Trust	—	$5.7M	$19.9M	23.8%
Partnership Interests Intercontinental U.S. Real Estate Investment Fund, L.P.	—	—	$9.7M	$8.9M	10.6%
Grosvenor Opportunistic Credit Fund	—	—	$5.6M	$8.0M	9.5%
GOLDENTREE MULTI-SECTOR FUND OFFSHO GOLDENTREE ASSET MANAGEMENT · EIN 98-1018819 / PN 002	Common Collective Trust	—	$3.8M	$4.5M	5.4%
EARNEST PARTNERS SMID CAP CORE FUND SEI TRUST COMPANY · EIN 26-4377500 / PN 041	Common Collective Trust	—	$3.6M	$4.4M	5.3%
First Eagle International Value, L.P.	—	—	$2.8M	$4.3M	5.2%
GCM Grosvenor Secondary Opportunities Fund II, LP	—	—	$2.6M	$3.9M	4.7%
SIERRA FRANKLIN EAFE PLUS EQUITY TR FIDUCIARY TRUST INTERNATIONAL OF THE SOUTH · EIN 90-6149946 / PN 001	Common Collective Trust	—	$4.7M	$3.8M	4.5%
Westport Special Core Plus III	—	—	$2.0M	$2.2M	2.6%
ASB ALLEGIANCE REAL ESTATE FUND CHEVY CHASE TRUST COMPANY · EIN 52-6257033 / PN 006	Common Collective Trust	—	$1.1M	$2.0M	2.4%
GCM Grosvenor Secondary Opportunities Fund III, LP	—	—	$1.6M	$1.9M	2.3%
Boyd Watterson State Government Fund, LP	—	—	$1.4M	$1.1M	1.4%
US Treasury Note Due 09-30-26 510,000 Face Amount	—	—	$489K	$488K	0.6%
U.S. Government Obligations US Treasury Note Due 03-31-25 450,000 Face Amount	—	—	$443K	$448K	0.5%
Interest Bearing Cash Blackrock Liquid Funds - Federal Funds 29 Shares 29 Allspring 100% Treasury Money Market Fund 416,795 Shares	—	—	$417K	$417K	0.5%
Allspring Treasury Plus Money Market Fund 386,239 Shares	—	—	$386K	$386K	0.5%
US Treasury Note Due 11-15-31 460,000 Face Amount	—	—	$388K	$376K	0.4%
GCM Grosvenor Private Credit Fund, Ltd.	—	—	$309K	$347K	0.4%
US Treasury Note Due 08-31-28 360,000 Face Amount	—	—	$318K	$321K	0.4%
US Treasury Note Due 11-15-33 300,000 Face Amount	—	—	$310K	$299K	0.4%
iShares 1-5 Year Investment Grade Corporate ETF 5,765 Shares	—	—	$292K	$298K	0.4%
iShares 1-3 Year Treasury Bond ETF 3,540 Shares	—	—	$291K	$290K	0.3%
US Treasury Note Due 06-30-29 300,000 Face Amount	—	—	$289K	$286K	0.3%
US Treasury Note Due 05-15-27 295,000 Face Amount	—	—	$281K	$283K	0.3%
US Treasury Note Due 08-15-32 255,000 Face Amount	—	—	$236K	$226K	0.3%
US Treasury Note Due 02-15-31 255,000 Face Amount	—	—	$221K	$210K	0.3%
US Treasury Inflation Index Due 01-15-33 227,831 Face Amount	—	—	$208K	$210K	0.3%
Grosvenor Opportunistic Credit Fund IV	—	—	$316K	$182K	0.2%
Goldman Sachs Group Due 06-05-28 165,000 Face Amount	—	—	$160K	$160K	0.2%
Comcast Corp. Due 10-15-28 150,000 Face Amount	—	—	$150K	$146K	0.2%
US Treasury Inflation Index Due 01-15-28 143,138 Face Amount	—	—	$139K	$142K	0.2%
Duke Energy Carolinas Due 01-15-34 145,000 Face Amount	—	—	$142K	$141K	0.2%
US Treasury Note Due 05-15-30 170,000 Face Amount	—	—	$137K	$139K	0.2%
Tegna Inc. Due 03-15-28 145,000 Face Amount	—	—	$131K	$137K	0.2%
Hat Holdings Inc. Due 06-15-26 140,000 Face Amount	—	—	$134K	$136K	0.2%
Wyndham Worldwide Co. Due 10-01-25 135,000 Face Amount	—	—	$142K	$135K	0.2%
Prime Security Services Due 04-15-26 135,000 Face Amount	—	—	$135K	$135K	0.2%
Sunoco LP Due 04-15-27 135,000 Face Amount	—	—	$139K	$135K	0.2%
Vistra Operations Due 09-01-26 135,000 Face Amount	—	—	$135K	$135K	0.2%
Western Digital Corp. Due 02-15-26 135,000 Face Amount	—	—	$137K	$134K	0.2%
Crown America Corp. Due 02-01-26 135,000 Face Amount	—	—	$136K	$134K	0.2%
Kinetik Holdings LP Due 12-15-28 130,000 Face Amount	—	—	$134K	$133K	0.2%
Fortress Transportation Due 05-01-28 135,000 Face Amount	—	—	$134K	$132K	0.2%
International Game Technology Due 01-15-27 130,000 Face Amount	—	—	$132K	$131K	0.2%
Boyd Gaming Corp. Due 12-01-27 135,000 Face Amount	—	—	$129K	$131K	0.2%
Clearway Energy Due 03-15-28 135,000 Face Amount	—	—	$131K	$129K	0.2%
ESAB Corporation Due 04-15-29 125,000 Face Amount	—	—	$128K	$127K	0.2%
Centene Corp. Due 12-15-27 130,000 Face Amount	—	—	$122K	$126K	0.2%
GLP Capital LP Due 04-15-26 125,000 Face Amount	—	—	$124K	$125K	0.1%
Sirius XM Radio Due 09-01-26 130,000 Face Amount	—	—	$124K	$125K	0.1%
Truist Bank Due 03-11-30 145,000 Face Amount	—	—	$126K	$125K	0.1%
Wesco Distributing Inc. Due 03-15-29 120,000 Face Amount	—	—	$123K	$122K	0.1%
JPMorgan Chase & Co. Due 02-24-26 120,000 Face Amount	—	—	$116K	$120K	0.1%
Ares Capital Corp. Due 07-15-25 120,000 Face Amount	—	—	$114K	$119K	0.1%
Warnermedia Holdings Inc. Due 03-15-27 120,000 Face Amount	—	—	$115K	$116K	0.1%
Hilton Worldwide Finance Due 04-01-27 110,000 Face Amount	—	—	$113K	$109K	0.1%
Phinia Inc. Due 04-15-29 105,000 Face Amount	—	—	$108K	$107K	0.1%
Brinks Co. Due 06-15-29 105,000 Face Amount	—	—	$108K	$106K	0.1%
JBS USA Lux SA Due 02-01-28 105,000 Face Amount	—	—	$103K	$104K	0.1%
Morgan Stanley Due 04-28-26 105,000 Face Amount	—	—	$101K	$104K	0.1%
Philip Morris International Due 02-13-34 105,000 Face Amount	—	—	$103K	$104K	0.1%
FNMA Pool #CB5384 Due 12-01-52 109,281 Face Amount	—	—	$104K	$103K	0.1%
Comcast Corp. Due 10-15-30 105,000 Face Amount	—	—	$108K	$101K	0.1%
CVS Health Corp. Due 08-15-29 110,000 Face Amount	—	—	$105K	$100K	0.1%
FHLMC Pool #RB5318 Due 11-01-44 104,115 Face Amount	—	—	$100K	$99K	0.1%
SLM Corp. Due 10-29-25 100,000 Face Amount	—	—	$104K	$99K	0.1%
JPMorgan Chase & Co. Due 12-05-29 100,000 Face Amount	—	—	$102K	$98K	0.1%
Anthem Inc. Due 12-01-27 100,000 Face Amount	—	—	$97K	$97K	0.1%
Teva Pharmaceuticals Due 10-01-26 100,000 Face Amount	—	—	$91K	$96K	0.1%
Western Midstream Operating Due 02-01-25 95,000 Face Amount	Corporate Bonds	—	$98K	$95K	0.1%
Safehold Operating Due 06-15-31 110,000 Face Amount	—	—	$94K	$94K	0.1%
Owl Rock Capital Corp. Due 07-15-26 95,000 Face Amount	—	—	$88K	$92K	0.1%
US Treasury Inflation Index Due 04-15-27 95,027 Face Amount	—	—	$85K	$91K	0.1%
Federal Home Loan Bank Due 08-28-31 90,000 Face Amount	—	—	$90K	$90K	0.1%
Federal Home Loan Bank Due 03-17-31 100,000 Face Amount	—	—	$100K	$89K	0.1%
Macquarie Airfinance Due 05-01-28 85,000 Face Amount	—	—	$90K	$89K	0.1%
GS Mortgage CMOV-M Due 10-27-53 90,063 Face Amount	—	—	$86K	$86K	0.1%
Verizon Communications Due 03-21-31 100,000 Face Amount	—	—	$89K	$86K	0.1%
Rockwell Automation Due 03-01-29 90,000 Face Amount	—	—	$90K	$85K	0.1%
Bank of America Due 09-15-26 85,000 Face Amount	—	—	$83K	$85K	0.1%
Ares Capital Corp. Due 01-15-26 85,000 Face Amount	—	—	$81K	$84K	0.1%
PNC Financial Services Due 01-21-28 80,000 Face Amount	—	—	$80K	$81K	<0.1%
Alternative Investments Grosvenor Opportunistic Credit Fund III	—	—	$61K	$76K	<0.1%
Safehold Operating Due 01-15-32 90,000 Face Amount	—	—	$77K	$76K	<0.1%
GS Mortgage CMO X-M Due 01-25-54 74,239 Face Amount	—	—	$74K	$75K	<0.1%
American Airlines Due 04-20-26 75,000 Face Amount	—	—	$75K	$75K	<0.1%
Onslow Bay CMO V-M Due 11-25-53 74,357 Face Amount	—	—	$73K	$74K	<0.1%
Morgan Stanley Due 04-20-28 75,000 Face Amount	—	—	$73K	$74K	<0.1%
Extra Space Storage Due 10-15-30 85,000 Face Amount	—	—	$74K	$72K	<0.1%
FNMA Pool #FS4522 Due 05-01-53 73,985 Face Amount	—	—	$72K	$72K	<0.1%
Morgan Stanley Due 04-18-30 70,000 Face Amount	—	—	$73K	$71K	<0.1%
Icahn Enterprises Due 05-15-27 75,000 Face Amount	—	—	$70K	$71K	<0.1%
Herc Holdings Due 06-15-29 70,000 Face Amount	—	—	$72K	$71K	<0.1%
Transdigm Inc. Due 08-15-28 70,000 Face Amount	—	—	$72K	$71K	<0.1%
Oracle Corp. Due 11-09-32 65,000 Face Amount	—	—	$68K	$69K	<0.1%
Walt Disney Company Due 11-15-26 70,000 Face Amount	—	—	$71K	$69K	<0.1%
Park Intermediate Holdings Due 10-01-28 70,000 Face Amount	—	—	$70K	$68K	<0.1%
Virginia Electric & Power Due 03-15-27 70,000 Face Amount	—	—	$68K	$68K	<0.1%
Starwood Property Due 01-15-27 70,000 Face Amount	—	—	$68K	$68K	<0.1%
Bank of America Due 11-10-28 65,000 Face Amount	—	—	$69K	$67K	<0.1%
Onemain Finance Corp. Due 01-15-27 70,000 Face Amount	—	—	$64K	$67K	<0.1%
FYBR ABS Due 08-20-53 65,000 Face Amount	—	—	$62K	$66K	<0.1%
Philip Morris Inc. Due 09-07-33 65,000 Face Amount	—	—	$64K	$66K	<0.1%
Park Intermediate Holdings Due 05-15-29 70,000 Face Amount	—	—	$67K	$66K	<0.1%
Tenet Healthcare Due 06-01-29 70,000 Face Amount	—	—	$65K	$66K	<0.1%
Georgia Power Due 02-23-27 65,000 Face Amount	—	—	$65K	$66K	<0.1%
Bank of America Due 02-05-26 65,000 Face Amount	—	—	$65K	$65K	<0.1%
Vici Properties LP Due 02-15-28 65,000 Face Amount	—	—	$64K	$64K	<0.1%
Tenet Healthcare Due 11-01-27 65,000 Face Amount	—	—	$64K	$64K	<0.1%
GGAM Finance Ltd. Due 02-15-27 60,000 Face Amount	—	—	$62K	$62K	<0.1%
Transdigm Inc. Due 03-01-29 60,000 Face Amount	—	—	$62K	$60K	<0.1%
Starwood Property Trust Due 03-15-25 60,000 Face Amount	—	—	$62K	$60K	<0.1%
American Airlines Due 04-20-29 60,000 Face Amount	—	—	$59K	$60K	<0.1%
Herc Holdings Inc. Due 07-15-27 60,000 Face Amount	—	—	$60K	$59K	<0.1%
Jeffries Financial Group Due 04-14-34 55,000 Face Amount	—	—	$55K	$57K	<0.1%
FNMA Pool #MA5099 Due 07-01-38 58,502 Face Amount	—	—	$56K	$56K	<0.1%
FHLMC Pool #SD3857 Due 09-01-53 55,220 Face Amount	—	—	$55K	$55K	<0.1%
Federal Home Loan Bank Due 10-26-26 55,000 Face Amount	—	—	$55K	$52K	<0.1%
Federal Home Loan Bank Due 03-23-26 53,625 Face Amount	—	—	$54K	$51K	<0.1%
General Motors Financial Due 01-17-29 50,000 Face Amount	—	—	$51K	$51K	<0.1%
FMC Corp. Due 10-01-29 55,000 Face Amount	—	—	$52K	$50K	<0.1%
FMC Corp. Due 05-18-26 50,000 Face Amount	—	—	$50K	$50K	<0.1%
Tractor Supply Co. Due 05-15-33 50,000 Face Amount	—	—	$50K	$50K	<0.1%
Precision Castparts Due 06-15-25 50,000 Face Amount	—	—	$50K	$50K	<0.1%
Healthpeak Properties Due 01-15-31 55,000 Face Amount	—	—	$50K	$48K	<0.1%
Federal Home Loan Bank Due 11-23-26 50,000 Face Amount	—	—	$50K	$47K	<0.1%
Federal Farm Credit Bank Due 04-05-32 50,000 Face Amount	—	—	$47K	$46K	<0.1%
Simon Property Group Due 09-01-25 45,000 Face Amount	—	—	$45K	$45K	<0.1%
Intercontinental Exchange Due 03-15-33 45,000 Face Amount	—	—	$44K	$43K	<0.1%
FHLMC Ser 5388 CMO Due 07-25-48 42,148 Face Amount	—	—	$42K	$43K	<0.1%
Macquarie Airfinance Due 03-26-29 40,000 Face Amount	—	—	$42K	$41K	<0.1%
Jeffries Finance Group Due 07-21-28 40,000 Face Amount	—	—	$40K	$41K	<0.1%
Lincoln National Corp. Due 01-15-31 45,000 Face Amount	—	—	$40K	$40K	<0.1%
Icahn Enterprises Due 05-15-26 39,000 Face Amount	—	—	$38K	$39K	<0.1%
SLM Corp. Due 11-02-26 40,000 Face Amount	—	—	$37K	$38K	<0.1%
Anheuser-Busch Inbev Due 06-01-30 40,000 Face Amount	—	—	$38K	$38K	<0.1%
Springleaf Finance Corp. Due 03-15-26 35,000 Face Amount	—	—	$35K	$36K	<0.1%
Accenture Capital Due 10-04-27 35,000 Face Amount	—	—	$35K	$34K	<0.1%
Onemain Finance Corp. Due 09-15-28 35,000 Face Amount	—	—	$32K	$32K	<0.1%
Federal Farm Credit Bank Due 03-23-32 35,000 Face Amount	—	—	$35K	$32K	<0.1%
Teva Pharmaceuticals Due 03-01-28 30,000 Face Amount	—	—	$31K	$31K	<0.1%
Federal National Mortgage Assn. Due 08-28-25 25,000 Face Amount	—	—	$25K	$25K	<0.1%
Federal Farm Credit Bank Due 07-20-32 25,000 Face Amount	—	—	$25K	$25K	<0.1%
Virginia Electric & Power Due 08-15-34 25,000 Face Amount	—	—	$25K	$24K	<0.1%
Federal Farm Credit Bank Due 05-17-32 25,000 Face Amount	—	—	$25K	$24K	<0.1%
Blackrock Funding Due 07-26-27 20,000 Face Amount	—	—	$20K	$20K	<0.1%
Small Business Admin Due 01-01-38 20,829 Face Amount	—	—	$20K	$19K	<0.1%
Cleveland-Cliffs Inc. Due 11-01-29 10,000 Face Amount	—	—	$10K	$10K	<0.1%
US Treasury Note Due 05-15-34 10,000 Face Amount	—	—	$10K	$10K	<0.1%
Teva Pharmaceuticals Due 05-09-27 10,000 Face Amount	—	—	$10K	$10K	<0.1%
Warnermedia Holdings Due 03-15-26 5,000 Face Amount	—	—	$5K	$5K	<0.1%
FNMA Pool A16578 Due 07-01-41 1,608 Face Amount	—	—	$2K	$2K	<0.1%