Original filing (PDF)20260115215507NAL0019323264001

BOARD OF TRUSTEES, LO 302 & 612 INTL UNION OF OPER

Name: BOARD OF TRUSTEES, LO 302 & 612 INTL UNION OF OPER — LOCALS 302 & 612 INTL UNION OF OPERATING ENGINEERS CONST. IND. HEALTH AND SECURITY PLAN, Form 5500 (2024)
Creator: BOARD OF TRUSTEES, LO 302 & 612 INTL UNION OF OPER

Form 5500

FILING_RECEIVED

LOCALS 302 & 612 INTL UNION OF OPERATING ENGINEERS CONST. IND. HEALTH AND SECURITY PLAN

Health & welfare plan

Signals · 3

~317 bps in Sched C feesNo recordkeeper disclosed20 service providers

Active participants

9,074

Accounts w/ balance

—

Plan assets (EOY)

$325.0M

Net assets (EOY)

$164.1M

How this plan invests

This plan

109 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

317 bps in Schedule C fees — 3070% 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 BOARD OF TRUSTEES, LO 302 & 612 INTL UNION OF OPER.

Plan sponsor

Name

BOARD OF TRUSTEES, LO 302 & 612 INTL UNION OF OPER

DBA

ENGINEERS CONST. IND. HEALTH AND

EIN

91-6028570

Address

PO BOX 34203 · SEATTLE, WA · 98124

Phone

(206) 441-7574

Industry

Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

501

Plan year

2024

Plan year begin

2024-04-01

Tax period

2025-03-31

Filed

2026-01-15

Welfare benefit codes

4A · Health (other than dental or vision)

4B · Life Insurance

4D · Dental

4E · Vision

4F · Temporary Disability (accident and sickness)

Audit & trust (Schedule H)

Auditor

MILLER KAPLAN ARASE LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

20 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
WPAS, INC.	91-1363171	—	NONE	$4.3M	—
PREMERA BLUE CROSS	91-0499247	—	NONE	$2.9M	—
FIRST CHOICE HEALTH NETWORK, INC.	91-1272766	—	NONE	$684K	—
ALAFFIA TECHNOLOGY SOLUTIONS	—	NEW YORK, NY	NONE	$435K	—
ZELIS CLAIMS INTEGRITY, LLC	86-1040704	—	NONE	$367K	—
ROBERT W. BARID & CO. INC.	39-6037917	—	NONE	$263K	—
CHANGE HEALTHCARE SOLUTIONS, LLC	20-5731067	—	NONE	$257K	—
OPTUMRX, INC.	33-0441200	—	NONE	$254K	—
RAEL & LETSON	94-1701048	—	NONE	$186K	—
VISION SERVICE PLAN	23-7089668	—	NONE	$126K	—
BARLOW COUGHRAN MORALES & JOSEPHSON	91-0889948	—	NONE	$104K	—
TURNER STOEVE & GAGLIARDI, P.S.	91-1282506	—	NONE	$104K	—
TRANSCARENT, INC.	84-3296541	—	NONE	$76K	—
BANK OF AMERICA	94-1687665	—	NONE	$75K	—
ANASTASI MOORE & MARTIN, PLLC	20-8149084	—	NONE	$51K	—
MILLER KAPLAN ARASE LLP	95-2036255	—	NONE	$49K	—
PNC BANK, NA	22-1146430	—	NONE	$31K	—
PRINT TIME, INC.	91-1531275	—	NONE	$29K	—
SEGAL ADVISORS INC.	13-2646110	—	NONE	$20K	—
HEALTH CARE COST MANAGEMENT CORP	94-3283661	—	NONE	$7K	—

Investments

109 direct securities· $46.8M(14% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
market vaLueprice per unit	—	—	$5.1M	$6.1M	1.9%
t!t.e	—	—	$5.1M	$6.1M	1.9%
tate	—	—	$96K	$3.5M	1.1%
TotaL originaLvaLue at PNC	—	—	$1.4M	$3.3M	1.0%
annuaL income	—	—	—	$2.5M	0.8%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity t!t.e	—	—	$2.2M	$2.4M	0.7%
,ent LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity tat.e	—	—	$2.6M	$1.7M	0.5%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR) market vaLue	—	—	$2.6M	$1.7M	0.5%
2025 TotaL originaLvaLue at PNC	—	—	$2.6M	$1.7M	0.5%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)119736.25	—	—	$906K	$912K	0.3%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity125000	—	—	$900K	$900K	0.3%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity100.000	—	—	$375K	$600K	0.2%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)65188.00	—	—	$440K	$590K	0.2%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity350000 600000 550000	—	—	—	$575K	0.2%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)334439.00	—	—	$677K	$572K	0.2%
t!t.e 328233.50	—	—	$675K	$564K	0.2%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)575632.50	—	—	$693K	$558K	0.2%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity575000 575000 t!t.e 570727.75	—	—	$699K	$546K	0.2%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity600000 500000 575.000	—	—	—	$500K	0.2%
vaLue at PNC	—	—	—	$498K	0.2%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)377892.00	—	—	$586K	$495K	0.2%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)468636.00	—	—	$397K	$489K	0.2%
t!t.e 398412.00	—	—	$578K	$482K	0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity525000 475000 t!t.e 484270.50	—	—	$411K	$482K	0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity351.000	—	—	$200K	$450K	0.1%
t!t.e 254,131.02	—	—	$204K	$435K	0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)246409.02	—	—	$196K	$434K	0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)507186.75	—	—	$295K	$352K	0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity525000 350000 t!t.e 489752.60	—	—	$282K	$350K	0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)563049.43	—	—	$307K	$344K	0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)344353.42	—	—	$278K	$337K	0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity 325000 t!t.e 338039.46347302.010 335224.50345699.190 399903.36	—	—	$273K	$335K	0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity 350000 t!t.e 548621.46	—	—	$305K	$334K	0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)140897.36	—	—	$347K	$315K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity 350000 t!t.e 136768.86144960.606 337234.37	—	—	$341K	$301K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)346006.50	—	—	$581K	$279K	<0.1%
t!t.e 349597.50	—	—	$573K	$271K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)672416.00	—	—	$83K	$269K	<0.1%
Estimated	—	—	$204K	$258K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity506000 575000 600000 525.000	—	—	—	$250K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)390687.66	—	—	$415K	$246K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)287601.89	—	—	$342K	$240K	<0.1%
t!t.e 406722.80	—	—	$432K	$239K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity300000 350000 t!t.e	—	—	$443K	$238K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)193524.00	—	—	$445K	$237K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)445,314.00	—	—	$92K	$226K	<0.1%
,ent LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity600,000	—	—	$100K	$225K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)	—	—	$185K	$211K	<0.1%
ta /11/2050 /17/2034 ISIN US03938LBG86 AAA	—	—	—	$203K	<0.1%
/15/2050 /15/2033 ia /15/2051 /15/2033	—	—	—	$203K	<0.1%
Estimated	—	—	$63K	$138K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity175000 200000 t!t.e 163773.75	—	—	$479K	$133K	<0.1%
LINE 41- SCHEDULE OF ASSETS(HELD AT END OF YEAR)169590.75	—	—	$480K	$132K	<0.1%
atPNC 2025	—	—	—	$99K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity800000 125000 t!t.e	—	—	$67K	$82K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity t!t.e	—	—	—	$74K	<0.1%
380f 1127 Page Estimated23,375.00	—	—	$103K	$66K	<0.1%
LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity 650000 t!t.e	—	—	—	$51K	<0.1%
350000 44000 125000 200000 525000 LOCALS 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERSQuantity t!t.e .en	—	—	—	$43K	<0.1%
39of 1127 Page 4,375.00	—	—	$37K	$39K	<0.1%
11 O 57of 1127 Page Estimated12089.00	—	—	$27K	$33K	<0.1%
11 O 49of 1127 Page Estimated12,127.50	—	—	$33K	$33K	<0.1%
MARCH 31	—	—	—	$31K	<0.1%
520f 1127 Page Estimated24,937.50	—	—	$25K	$27K	<0.1%
Estimated	—	—	—	$24K	<0.1%
11 O 4lof 1127 Page Estimated13,338.00	—	—	$11K	$21K	<0.1%
PNC per unit Avg. originaL vaLue 10,283.54	—	—	$23K	$21K	<0.1%
11 O 5lof 1127 Page 3,600.00	—	—	$31K	$21K	<0.1%
11 O 55of 1127 Page Estimated28750.00	—	—	$34K	$20K	<0.1%
54of 1127 Page Estimated14,760.34	—	—	$13K	$19K	<0.1%
420f 1127 Page Estimated15,900.00	—	—	$33K	$18K	<0.1%
11 O 43of 1127 Page 19,965.75	—	—	$7K	$18K	<0.1%
460f 1127 Page 12,257.00	—	—	$10K	$17K	<0.1%
560f 1127 Page Estimated19,425.00	—	—	$33K	$16K	<0.1%
480f 1127 Page 20,657.35	—	—	$17K	$13K	<0.1%
Accrued	—	—	$2K	$12K	<0.1%
37of 1127 Page 14,250.00	—	—	$4K	$10K	<0.1%
47of 1127 Page 21,000.00	—	—	$6K	$10K	<0.1%
Accrued	—	—	—	$9K	<0.1%
50of 1127 Page 20,083.14	—	—	$23K	$9K	<0.1%
Accruedincome1,402.92	—	—	$9K	$8K	<0.1%
Accruedincome6,183.33	—	—	$7K	$8K	<0.1%
44of 1127 Page 6,415.50	—	—	$28K	$8K	<0.1%
PNC per unit Avg. originaL vaLue -960.00	—	—	$3K	$7K	<0.1%
360f 1127 Page 6,750.00	—	—	$14K	$6K	<0.1%
40of 1127 Page 42952.00	—	—	$3K	$6K	<0.1%
Accrued	—	—	$11K	$5K	<0.1%
11 O 53of 1127 Page 3,697.95	—	—	$14K	$5K	<0.1%
Accruedincome8,367.98	—	—	$8K	$4K	<0.1%
Accruedincome1,007.42	—	—	$9K	$4K	<0.1%
Accruedincome1,010.63	—	—	$2K	$4K	<0.1%
Accrued1,771.41	—	—	$7K	$4K	<0.1%
PNC per unit Avg. originaL vaLue 14112.00	—	—	$4K	$4K	<0.1%
Accruedincome1,060.00	—	—	$9K	$4K	<0.1%
Accruedincome1,021.42	—	—	$1K	$4K	<0.1%
Accrued4,446.00	—	—	$7K	$4K	<0.1%
11 O 45of 1127 Page 7776.00	—	—	$11K	$3K	<0.1%
Avg. originaL vaLue 1686.98	—	—	$2K	$3K	<0.1%
Accrued	—	—	$2K	$3K	<0.1%
Accrued13736.11	—	—	$17K	$3K	<0.1%
TotaL originaLvaLue at PNC at PNC per unit Avg. originaL vaLue 6171.75	—	—	$11K	$2K	<0.1%
Accruedincome9420.83	—	—	$8K	$2K	<0.1%
Accruedincome8,846.34	—	—	$9K	$2K	<0.1%
VaLue. /15/2039 A3 13AR 1) Description (Cusip )HUMANA INCCALL 02/01/2035 UNSC05.550% DUE 05/01/2035RATING: BAA2(444859CD2)2079_002_*7506IDEX CORPCALL 02/01/2030 UNSC03.000% DUE 05/01/2030RATING: BAA2(45167RA09)2079_002_7506IBM CORPU NSC04.150% DUE 05RATING:(459200KB6)2079_002_7506PALCO ENTERPRISES INCCALL 01/01/2034 SECR05.750% DUE 04/01/2034RATING: BAA3(462620_79_002_*7506JBS USA/FOOD/FINANCESEDOL BLGVSB9 ISIN U546590XAV2205.750% DUE 04/01/2033RATING: BAA3(46590X4V2)2079_002_	—	—	—	$2K	<0.1%
Accrued3500.00 1 166.67	—	—	—	$2K	<0.1%
Accrued5,878.80	—	—	$9K	$1K	<0.1%
Accrued	—	—	—	$1K	<0.1%
Accrued1,230.03	—	—	$1K	$1K	<0.1%
Accruedincome1,721.45	—	—	$1K	$1K	<0.1%