Original filing (PDF)20260310113525NAL0004338018002

UNITED ASSOCIATION LOCAL 7 PENSION PLAN

Name: UNITED ASSOCIATION LOCAL 7 PENSION PLAN — Form 5500 (2024)
Creator: UNITED ASSOCIATION LOCAL 7 PENSION PLAN

Form 5500

FILING_RECEIVED

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed10 service providers

Active participants

842

Accounts w/ balance

—

Plan assets (EOY)

$281.0M

Net assets (EOY)

$280.7M

How this plan invests

This plan

418 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

32 bps in Schedule C fees — 216% above peer band of 10 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for UNITED ASSOCIATION LOCAL 7 PENSION PLAN.

Plan sponsor

Name

UNITED ASSOCIATION LOCAL 7 PENSION PLAN

EIN

91-2055384

Address

18 AVIS DRIVE · LATHAM, NY · 121102605

Phone

(518) 785-3440

Industry

Plumbing, Heating, AC Contractors· Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-06-01

Tax period

2025-05-31

Filed

2026-03-10

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

MENGEL, METZGER, BARR & CO. LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

10 rows

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
RYAN HEIMROTH	91-2055384	LATHAM, NY	PLAN ADMINISTRATOR	$31K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
NEW CENTURY ADVISORS LLC	27-0004136	CHEVY CHASE, MD	NONE	$259K	—
SILVERCREST ASSET MANAGEMENT GROUP,	13-4194623	NEW YORK, NY	NONE	$154K	—
OAKTREE SENIOR LOAN FUND	26-2180715	LOS ANGELES, CA	NONE	$113K	—
INCOME RESEARCH & MANAGEMENT	04-2955404	BOSTON, MA	NONE	$74K	—
MPC CAPITAL ADVISORS LLC	27-2136582	ROCKVILLE CENTRE, NY	NONE	$63K	—
WESTWOOD TRUST	75-1447785	DALLAS, TX	NONE	$57K	—
BOLTON PARTNERS NORTHEAST, INC.	27-3666661	MT LAUREL, NJ	NONE	$53K	—
BLITMAN & KING	16-1047304	LATHAM, NY	NONE	$46K	—
MENGEL, METZGER, BARR, AND CO., LLP	16-1092347	LATHAM, NY	NONE	$37K	—

Investments

412 direct securities· $275.1M(98% of reported assets)

Uncategorized

$263.6M

410 holdings

Mutual Funds

$11.4M

1 holding

Corporate Bonds

$61K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
2,122,721.9420 BNY Mellon AFL-CIO	—	—	$34.5M	$42.6M	15.2%
LIMITED PARTNERSHIPS 2,751,431.7560 IR&M SHORT FUND LLC	—	—	$31.8M	$37.1M	13.2%
2,570,059.4650 Pimco Unconstrained Bond Fund	—	—	$4.6M	$25.8M	9.2%
956,245.9360 Mondrain	—	—	$11.0M	$16.3M	5.8%
617,986.9850 Boston Partners Small Cap Value ll	—	—	$4.5M	$15.6M	5.6%
S 189,816.7810 American Funds EuroPac	Mutual Funds	—	$1.2M	$11.4M	4.1%
473,933.6490 Vanguard Developed Markets Index Inst	—	—	$8.0M	$8.5M	3.0%
Oaktree Senior Loan Fund L. P.	—	—	$6K	$8.0M	2.8%
535,564.3040 BNY Mellon Small Cap (OPEN 10/2024)	—	—	$7.0M	$6.7M	2.4%
335,382.8950 T-ROWE PRICE	—	—	$6.0M	$6.2M	2.2%
4,955,000.0000 U S TREASURY NT 4.000% 5/31/30	—	—	$5.0M	$5.0M	1.8%
Oaktree Power VI Fund L. P.	—	—	$2.0M	$4.5M	1.6%
FIRST AM GOVT OB FD CL Z	—	—	$4.3M	$4.3M	1.5%
3,400,000.0000 U S TREASURY NT 4.875% 10/31/30	—	—	$3.4M	$3.5M	1.3%
79,250.0000 VANECK VECTORS JP MORGAN EM LC ETF	—	—	$1.9M	$2.0M	0.7%
1,945,000.0000 US TREASURY NT 3.750% 4/15/29	—	—	$1.9M	$1.9M	0.7%
1,725,000.0000 U S TREASURY NT 4.250% 12/31/26	—	—	$1.7M	$1.7M	0.6%
1,650,000.0000 U S TREASURY NT 3.875% 8/15/33	—	—	$1.6M	$1.6M	0.6%
FIRST AM GOVT OB FD CL Z	—	—	$1.5M	$1.5M	0.5%
1,285,000.0000 U S TREASURY NT 4.000% 4/30/32	—	—	$1.3M	$1.3M	0.5%
1,466,663.5100 F H L M C #SD3446 3.00% 2/01/52	—	—	$1.3M	$1.3M	0.4%
13,940.0000 VANGUARD SHORT TERM CORPORATE ETF	—	—	$1.1M	$1.1M	0.4%
1,085,000.0000 US TREASURY NT 38.75% 4/30/30	—	—	$1.1M	$1.1M	0.4%
10,980.0000 US FOODS HOLDING CORP	—	—	$506K	$869K	0.3%
890,000.0000 U S TREASURY BD 4.375% 8/15/43	—	—	$886K	$832K	0.3%
815,450.4000 U S TREASURY I P S 0.125% 4/15/27	—	—	$797K	$798K	0.3%
770,000.0000 U S TREASURY NT 3.625% 5/15/28	—	—	$768K	$768K	0.3%
5,770.0000 BWX TECHNOLOGIES INC	—	—	$566K	$725K	0.3%
EQUITIES 5,350.0000 ABBOTT LABS COM	—	—	$406K	$715K	0.3%
3,740.0000 AMETEK INC	—	—	$260K	$668K	0.2%
11,660.0000 CORE MAIN INC CL A	—	—	$367K	$639K	0.2%
635,000.0000 U S TREASURY NT 4.250% 5/31/32	—	—	$633K	$633K	0.2%
3,640.0000 PNC FINL SVCS GROUP INC COM	—	—	$356K	$633K	0.2%
10,390.0000 WILLIAMS COS INC COM	—	—	$274K	$629K	0.2%
2,060.0000 SPDR GOLD SHARES ETF	—	—	$375K	$625K	0.2%
12,840.0000 DELTA AIR LINES INC	—	—	$481K	$621K	0.2%
2,557.0000 BROADCOM INC	—	—	$110K	$619K	0.2%
1,213.0000 AMERIPRISE FINL INC	—	—	$72K	$618K	0.2%
20,340.0000 CADENCE BANK COM	—	—	$471K	$616K	0.2%
8,000.0000 CITIGROUP INC	—	—	$514K	$603K	0.2%
6,965.0000 ARCOSA INC	—	—	$616K	$601K	0.2%
614,105.2500 F N M A #MA4841 5.000% 11/01/52	—	—	$590K	$597K	0.2%
613,104.8500 FHLMC RA7609 5.000% 7/01/52	—	—	$593K	$596K	0.2%
4,970.0000 CASELLA WASTE SYSTEMS INC A	—	—	$199K	$583K	0.2%
585,000.0000 U S TREASURY NT 4.250% 5/15/35	—	—	$576K	$578K	0.2%
1,052.0000 MARTIN MARIETTA MATLS INC	—	—	$244K	$576K	0.2%
1,515.0000 CARLISLE COS INC	—	—	$375K	$576K	0.2%
13,315.0000 GLACIER BANCORP INC NEW	—	—	$623K	$552K	0.2%
588,562.0500 F N M A #CB3274 4.000% 4/01/52	—	—	$547K	$541K	0.2%
12,350.0000 MATADOR RESOURCES CO	—	—	$315K	$531K	0.2%
6,645.0000 FIDELITY NATIONAL INFO SERV	—	—	$537K	$529K	0.2%
2,651.0000 WASTE CONNECTIONS INC	—	—	$190K	$522K	0.2%
8,240.0000 CISCO SYSTEMS INC	—	—	$241K	$519K	0.2%
4,175.0000 SYNNEX CORP	—	—	$435K	$507K	0.2%
509,550.0000 U S TREASURY I P S 1.875% 7/15/34	—	—	$515K	$506K	0.2%
3,260.0000 ATMOS ENERGY CORP	—	—	$261K	$504K	0.2%
1,089.0000 MICROSOFT CORP COM	—	—	$94K	$501K	0.2%
773.0000 META PLATFORMS INC	—	—	$255K	$501K	0.2%
501,067.0000 U S TREASURY I P S 1.250% 4/15/28	—	—	$488K	$499K	0.2%
500,000.0000 U S TREASURY NT 4.000% 1/31/31	—	—	$497K	$499K	0.2%
10,150.0000 SYNOVUS FINANCIAL CORP	—	—	$503K	$485K	0.2%
2,075.0000 MARSH MCLENNAN COS INC	—	—	$119K	$485K	0.2%
3,270.0000 RAYMOND JAMES FINL INC	—	—	$306K	$481K	0.2%
1,296.0000 HOME DEPOT INC	—	—	$79K	$477K	0.2%
3,018.0000 CARDINAL HEALTH INC	—	—	$415K	$466K	0.2%
14,005.0000 BORGWARNER INC COM	—	—	$501K	$463K	0.2%
1,210.0000 STRYKER CORP	—	—	$118K	$463K	0.2%
2,860.0000 MID AMER APT CMNTYS INC	—	—	$194K	$448K	0.2%
973.0000 MICROSOFT CORP COM	—	—	$276K	$448K	0.2%
6,420.0000 MONDELEZ INTL INC CL A	—	—	$281K	$433K	0.2%
20,120.0000 ELEMENT SOLUTIONS INC	—	—	$420K	$430K	0.2%
2,481.0000 ALPHABET INC CL C	—	—	$78K	$429K	0.2%
1,624.0000 JPMORGAN CHASE CO	—	—	$238K	$429K	0.2%
11,890.0000 SIMPLY GOOD FOODS COMPANY	—	—	$436K	$410K	0.1%
7,665.0000 KBR INC	—	—	$441K	$400K	0.1%
400,000.0000 F C B DEB 5.800% 6/12/34	—	—	$400K	$400K	0.1%
14,780.0000 WILLSCOT HLDGS CORP COM CL A	—	—	$594K	$398K	0.1%
5,970.0000 CVS HEALTH CORP	—	—	$324K	$382K	0.1%
2,276.0000 ORACLE CORPORATION	—	—	$180K	$377K	0.1%
403,835.4200 F H L M C #SD1392 3.500% 7/01/52	—	—	$365K	$361K	0.1%
2,030.0000 AVERY DENNISON CORP	—	—	$363K	$361K	0.1%
FIRST AM GOVT OB FD CL Z	—	—	$351K	$351K	0.1%
1,685.0000 LITTELFUSE INC	—	—	$171K	$346K	0.1%
4,480.0000 LANTHEUS HOLDINGS INC	—	—	$402K	$339K	0.1%
2,973.0000 WALT DISNEY CO THE	—	—	$324K	$336K	0.1%
4,760.0000 GE HEALTHCARE TECHNOLOGIES INC	—	—	$416K	$336K	0.1%
Plan Year – MAY 31, 2025 (a) Party-in-Interest (b)Shares, Identity of issue, borrower, lessor, or similar party (d) Cost (e)Current Value 6,090.0000 ISHARES MSCI CHINA ETF	—	—	$322K	$322K	0.1%
2,404.0000 ABBOTT LABS COM	—	—	$260K	$321K	0.1%
1,369.0000 UNION PACIFIC CORP COM	—	—	$301K	$303K	0.1%
2,740.0000 E O G RES INC	—	—	$174K	$297K	0.1%
804.0000 VISA INC COM CL A	—	—	$181K	$294K	0.1%
18,210.0000 NETSTREIT CORP	—	—	$326K	$293K	0.1%
1,675.0000 ALPHABET INC CL A	—	—	$201K	$288K	0.1%
3,056.0000 TARGET CORP COM	—	—	$382K	$287K	0.1%
1,596.0000 INTERCONTINENTAL EXCHANGE INC	—	—	$272K	$287K	0.1%
2,080.0000 CHEVRON CORPORATION	—	—	$196K	$284K	0.1%
5,490.0000 VANECK VECTORS GOLD MINERS ETF	—	—	$244K	$278K	<0.1%
958.0000 PROGRESSIVE CORP	—	—	$201K	$273K	<0.1%
2,764.0000 WALMART INC COM	—	—	$150K	$273K	<0.1%
272,536.1600 F H L M C #QJ8167 5.500% 11/01/54	—	—	$270K	$270K	<0.1%
1,106.0000 T MOBILE US INC	—	—	$252K	$268K	<0.1%
INTEREST BEARING CASH FIRST AM GOVT OB FD CL Z	—	—	$258K	$258K	<0.1%
419.0000 GOLDMAN SACHS GROUP INC	—	—	$149K	$252K	<0.1%
3,311.0000 WELLS FARGO CO NEW COM	—	—	$160K	$248K	<0.1%
12,880.0000 BARRICK MNG CORP	—	—	$241K	$247K	<0.1%
1,348.0000 TEXAS INSTRS INC COM	—	—	$213K	$246K	<0.1%
630.0000 HUBBELL INC COM	—	—	$202K	$245K	<0.1%
1,138.0000 DARDEN RESTAURANTS INC	—	—	$187K	$244K	<0.1%
4,363.0000 FULLER H B CO	—	—	$227K	$244K	<0.1%
242,711.9400 F H L M C #SD6320 5.500% 8/01/54	—	—	$246K	$241K	<0.1%
8,980.0000 INVESTCO DB MULTI SECTOR COMM ETF	—	—	$244K	$240K	<0.1%
560.0000 CACI INTL INC	—	—	$196K	$240K	<0.1%
241,011.9200 FHLMC QJ5386 5.500% 10/01/54	—	—	$242K	$239K	<0.1%
257,870.7800 F H L M C #RA6212 4.000% 10/01/51	—	—	$235K	$238K	<0.1%
683.0000 ARTHUR J GALLAGHER CO	—	—	$123K	$237K	<0.1%
963.0000 WASTE MGMT INC DEL COM	—	—	$179K	$232K	<0.1%
728.0000 ACCENTURE PLC IRELAND SHS CLASS A	—	—	$222K	$231K	<0.1%
2,109.0000 PROLOGIS INC COM	—	—	$224K	$229K	<0.1%
257,128.2800 G N M A I #785141 3.000% 8/20/50	—	—	$224K	$225K	<0.1%
5,000.0000 ISHARES EMERGING MARKETS ETF	—	—	$221K	$225K	<0.1%
1,781.0000 BWX TECHNOLOGIES INC	—	—	$216K	$224K	<0.1%
794.0000 GENERAL DYNAMICS CORP	—	—	$223K	$221K	<0.1%
248,275.9900 F N M A #CB3417 3.500% 4/01/52	—	—	$218K	$220K	<0.1%
4,295.0000 BRUNSWICK CORP COM	—	—	$230K	$217K	<0.1%
4,911.0000 BANK OF AMERICA CORP	—	—	$156K	$217K	<0.1%
3,056.0000 NEXTERA ENERGY INC	—	—	$211K	$216K	<0.1%
2,136.0000 VERALTO CORP COM SHS	—	—	$216K	$216K	<0.1%
246,422.7700 F N M A #BF0664 3.500% 6/01/62	—	—	$214K	$215K	<0.1%
482.0000 VERTEX PHARMACEUTICALS INC COM	—	—	$234K	$213K	<0.1%
3,500.0000 ISHARES MSCI MEXICO ETF	—	—	$186K	$211K	<0.1%
253,075.8500 F N M A #BF0548 3.000% 7/01/61	—	—	$213K	$210K	<0.1%
236,656.1600 F N M A #CB4114 3.500% 7/01/52	—	—	$208K	$210K	<0.1%
152.0000 O REILLY AUTOMOTIVE INC	—	—	$130K	$208K	<0.1%
1,293.0000 HERSHEY CO COM	—	—	$265K	$208K	<0.1%
16,030.0000 AVANTOR INC	—	—	$343K	$207K	<0.1%
1,920.0000 WEC ENERGY GROUP INC COM	—	—	$188K	$206K	<0.1%
1,328.0000 JOHNSON	—	—	$213K	$206K	<0.1%
200,000.0000 U S TREASURY NT 4.625% 9/30/30	—	—	$196K	$206K	<0.1%
2,722.0000 AGREE REALTY CORP	—	—	$212K	$205K	<0.1%
228,871.4500 F H L M C #SD5274 3.500% 6/01/52	—	—	$202K	$205K	<0.1%
2,325.0000 SOUTH STATE CORP	—	—	$234K	$204K	<0.1%
764.0000 SALESFORCE INC	—	—	$178K	$203K	<0.1%
2,245.0000 SOUTHERN CO THE	—	—	$207K	$202K	<0.1%
396.0000 BERKSHIRE HATHAWAY INC CL B	—	—	$129K	$200K	<0.1%
221,528.6300 F H L M C #SD1440 3.50% 7/01/52	—	—	$208K	$197K	<0.1%
1,902.0000 EXXON MOBIL CORP	—	—	$220K	$195K	<0.1%
677.0000 TOPBUILD CORP	—	—	$249K	$192K	<0.1%
1,393.0000 CHEVRON CORPORATION	—	—	$164K	$190K	<0.1%
1,894.0000 CHURCH AND DWIGHT CO INC	—	—	$180K	$186K	<0.1%
2,089.0000 BOISE CASCADE CO	—	—	$267K	$181K	<0.1%
198,786.8800 F H L M C #QE2908 3.500% 5/01/52	—	—	$178K	$177K	<0.1%
PLAN YEAR – MAY 31, 2025 (a) Parties-in-Interest (b)Shares, Identity of issue, borrower, lessor, or similar party (d) Cost (e)Current Value 2,934.0000 MARVELL TECHNOLOGY INC	—	—	$261K	$177K	<0.1%
180,214.8300 F N M A #MA5189 5.000% 11/01/53	—	—	$171K	$175K	<0.1%
191,432.1800 G N M A I #785886 3.000% 10/20/51	—	—	$166K	$164K	<0.1%
5,885.0000 AT T INC	—	—	$115K	$164K	<0.1%
161,568.8200 A D MORTGAGE TRUST 7.049% 11/25/68	—	—	$162K	$164K	<0.1%
171,881.4600 F N M A #MA4840 4.500% 11/01/52	—	—	$164K	$162K	<0.1%
4,400.0000 MOSAIC CO NEW COM	—	—	$120K	$159K	<0.1%
200,000.0000 REPUBLIC OF COLUMBIA 3.250% 4/22/32	—	—	$154K	$157K	<0.1%
157,171.4800 F N M A #BY4259 5.500% 6/01/53	—	—	$153K	$156K	<0.1%
179,249.9200 F N M A #CB1408 3.000% 8/01/51	—	—	$157K	$153K	<0.1%
160,687.2000 F H L M C #SD1672 4.500% 10/01/52	—	—	$152K	$152K	<0.1%
184,072.3300 GNMA 785392C 2.500% 2/20/51	—	—	$154K	$152K	<0.1%
PLAN YEAR – MAY 31, 2025 (a) Parties-in-Interest (b)Shares, Identity of issue, borrower, lessor, or similar party (d) Cost (e)Current Value 150,000.0000 ZAYO ISSUER LLC 5.648% 3/20/55	—	—	$150K	$151K	<0.1%
170,945.2600 F H L M C #SD1840 3.00% 2/01/52	—	—	$150K	$147K	<0.1%
151,255.4600 F H L M C #SD1533 4.500% 9/01/52	—	—	$143K	$143K	<0.1%
141,857.8000 U S TREASURY I P S 2.125% 1/15/35	—	—	$144K	$143K	<0.1%
3,400.0000 ISHARES MSCI GERMANY ETF	—	—	$123K	$143K	<0.1%
2,390.0000 ISHARES MSCI EUROZONE ETF	—	—	$123K	$141K	<0.1%
149,290.2500 F H L M C #SD5274 4.000% 8/01/52	—	—	$139K	$137K	<0.1%
4,525.0000 ISHARES SILVER TRUST ETF	—	—	$122K	$136K	<0.1%
135,000.0000 VICI PROPERTIES LP 4.750% 4/01/28	—	—	$135K	$135K	<0.1%
135,695.7500 FNMA DB8491 5.500% 7/01/54	—	—	$137K	$135K	<0.1%
3,340.0000 ISHARES MSCI UNITED KINGDOM ETF	—	—	$123K	$133K	<0.1%
135,000.0000 U S TREASURY BD 4.750% 11/15/43	—	—	$140K	$132K	<0.1%
147,932.8600 F H L M C #QD5472 3.500% 1/01/52	—	—	$146K	$132K	<0.1%
132,865.8700 FNMA BU5051 5.500% 9/01/54	—	—	$134K	$132K	<0.1%
131,544.8200 FHLMC QJ3507 5.500% 9/01/54	—	—	$134K	$131K	<0.1%
147,430.0000 GALAXY PIPELINE 2.160% 3/31/34	—	—	$149K	$129K	<0.1%
131,673.5300 FHLMC RA7609 5.000% 7/01/52	—	—	$126K	$128K	<0.1%
138,678.0000 F N M A #CB6684 4.000% 7/01/53	—	—	$130K	$127K	<0.1%
147,415.2800 G N M A I #784859 3.000% 12/20/49	—	—	$128K	$126K	<0.1%
6,900.0000 FRONTLINE PLC COM	—	—	$122K	$126K	<0.1%
125,000.0000 BANK OF AMERICA CORP 5.518% 10/25/35	—	—	$125K	$123K	<0.1%
133,697.4500 FNMA CB4818 4.000% 10/01/52	—	—	$125K	$123K	<0.1%
123,771.2100 F H L M C MLTCL MTG 5.000% 9/25/51	—	—	$123K	$122K	<0.1%
132,616.2800 F H L M C #QE7095 4.000% 8/01/52	—	—	$131K	$122K	<0.1%
2,550.0000 ISHARES MSCI ITALY ETF	—	—	$121K	$122K	<0.1%
122,518.0900 F H L M C MLTCL MTG 5.000% 3/25/52	—	—	$121K	$122K	<0.1%
3,850.0000 ABRDN PHYSICAL SILVER SHARES ETF	—	—	$121K	$121K	<0.1%
2,750.0000 VERIZON COMMUNICATIONS INC COM	—	—	$122K	$121K	<0.1%
2,105.0000 ISHARES CORE US REIT ETF	—	—	$123K	$120K	<0.1%
124,166.4100 FNMA DC6727 5.000% 11/01/54	—	—	$121K	$120K	<0.1%
2,300.0000 ISHARES MSCI SOUTH AFRICA ETF	—	—	$122K	$120K	<0.1%
119,904.4700 F H L M C MLTCL MTG 5.000% 7/25/48	—	—	$119K	$120K	<0.1%
2,300.0000 MPLX LP	—	—	$123K	$117K	<0.1%
2,980.0000 FREEPORT MCMORAN INC	—	—	$112K	$115K	<0.1%
115,000.0000 F H L M C #WN2449 4.250% 6/01/28	—	—	$111K	$114K	<0.1%
6,500.0000 ENERGY TRANSFER L P	—	—	$122K	$114K	<0.1%
3,650.0000 ENTERPRISE PRODUCTS PARTNERS	—	—	$122K	$112K	<0.1%

Showing top 200 of 412 investments by value.