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Original filing (PDF)20260206132418NAL0006724192001

LABORERS AGC PENSION TRUST OF MONTANA BOARD OF TRUSTEES

Form 5500
FILING_RECEIVED
LABORERS AGC PENSION TRUST OF MONTANA
Defined-benefit pension plan
Signals · 3
27% in single holdingNo recordkeeper disclosed10 service providers
Active participants
1,796
Accounts w/ balance
Plan assets (EOY)
$137.7M
Net assets (EOY)
$137.6M
How this plan invests
This plan
13 securities
funds · stocks · CUSIPs

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

Plan health score (directional)
87
/ 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
87
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
  • Top holding "First Americ an Gov ʹt Oblig Fund 229 S ales ‐" is 27% of plan.
  • 62 bps in Schedule C fees — 524% 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 LABORERS AGC PENSION TRUST OF MONTANA BOARD OF TRUSTEES.
Plan sponsor
Name
LABORERS AGC PENSION TRUST OF MONTANA BOARD OF TRUSTEES
EIN
91-6068929
Address
1322 NORTH POST PL · SPOKANE, WA · 99201
Phone
(509) 328-0300
Industry
Constructionsee all
Plan administrator
Name
RICHARD J. MORRISON
EIN
91-6068929
City
SPOKANE, WA
Phone
(509) 328-0300
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-04-01
Tax period
2025-03-31
Filed
2026-02-06
Pension benefit codes
1A · Pay-related DB formula
Audit & trust (Schedule H)
Auditor
ANASTASI, MOORE & MARTIN, PLLC
Trustee / custodian
Trustee phone

Service providers (Schedule C)

10 rows
Other
10
NameEINLocationRelationDirect compIndirect comp
LOOMIS SAYLES & COMPANY, LP04-3200030NONE$202K
ZENITH AMERICAN SOLUTIONS, INC.52-1590156NONE$193K
MILLIMAN, INC.91-0675641NONE$128K
VERUS INVESTMENTS91-1320111NONE$89K
THE LONDON COMPANY90-0824693NONE$85K
PROPEL INSURANCE91-0830024NONE$39K
US BANK NATIONAL ASSOCIATION31-0841368NONE$37K
CULLEN CAPITAL MANAGEMENT, LLC13-3089070NONE$36K
TURNER, STOEVE & GAGLIARDI, P.S.91-1282506NONE$36K
ANASTASI, MOORE & MARTIN, PLLC20-8149084NONE$15K

Investments

13 direct securities· $344.5M(100% of reported assets)
PIInvestmentTypeShares / unitsCostCurrent value% of plan
First Americ an Gov ʹt Oblig Fund 229 S ales ‐$92.6M$92.6M67.3%
First Americ an Gov ʹt Oblig Fund 557 Purchases ‐$92.0M$92.0M66.8%
U.S. government and agency securities$35.4M$32.3M23.5%
Corporate obligations$28.8M$27.7M20.1%
Dodge Cox S tock Fund 2 S ales ‐$20.7M$20.7M15.0%
Dodge Cox S tock Fund ‐$20.4M$20.4M14.8%
First Americ an Gov ʹt Oblig Fund ‐$20.4M$20.4M14.8%
First Americ an Gov ʹt Oblig Fund ‐$20.1M$20.1M14.6%
U.S . Treasury Note 51 Purc hases ‐$17.2M$17.2M12.5%
Loomis Sayles Cash and cash equivalents$929K$929K0.7%
U.S. Bank Cash and cash equivalents$188K$188K0.1%
Schafer Cullen Cash and cash equivalents$38K$38K<0.1%
London Company Cash and cash equivalents$36K$36K<0.1%