Original filing (PDF)20251008121333NAL0003262531001

JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION FUND

Name: JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION FUND — ALASKA ELECTRICAL PENSION PLAN, Form 5500 (2024)
Creator: JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION FUND

Form 5500

FILING_RECEIVED

ALASKA ELECTRICAL PENSION PLAN

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed49 service providers

Active participants

3,855

Accounts w/ balance

—

Plan assets (EOY)

$2.1B

Net assets (EOY)

$2.0B

How this plan invests

This plan

15 pooled trusts

Schedule D

273 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

61 bps in Schedule C fees — 1126% 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 JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION FUND.

Plan sponsor

Name

JOINT BOARD OF TRUSTEES ALASKA ELECTRICAL PENSION FUND

EIN

92-6005171

Address

701 E TUDOR RD, SUITE 200 · ANCHORAGE, AK · 99503

Phone

(907) 276-1246

Industry

Electrical Contractors· 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

2025-10-08

Pension benefit codes

1A · Pay-related DB formula

Audit & trust (Schedule H)

Auditor

CLIFTONLARSONALLEN LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

49 rows

Trustee

Name	EIN	Location	Relation	Direct comp	Indirect comp
JAMES CACHE CARR	—	ANCHORAGE, AK	TRUSTEE	$14K	—
JESSE YOUNG	—	ANCHORAGE, AK	TRUSTEE	$11K	—
JAY RHODES	—	ANCHORAGE, AK	TRUSTEE	$11K	—
JULIUS MATTHEW	—	ANCHORAGE, AK	TRUSTEE	$10K	—
DOUGLAS TANSY	—	ANCHORAGE, AK	TRUSTEE	$8K	—
LARRY BELL	—	ANCHORAGE, AK	TRUSTEE	$8K	—
SHERRI HIGHERS	—	ANCHORAGE, AK	TRUSTEE	$6K	—
VINCE BELTRAMI	—	ANCHORAGE, AK	TRUSTEE	$6K	—
JESSE HALE	—	ANCHORAGE, AK	TRUSTEE	$6K	—
LAEL FULLFORD	—	ANCHORAGE, AK	TRUSTEE	$5K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
BRIDGEWATER ASSOCIATES	13-2871809	—	NONE	$7.5M	—
WASHINGTON CAPITAL MANAGEMENT	91-1042342	—	NONE	$675K	—
SCHRODER INVESTMENT MGMNT NA INC	13-4064414	—	NONE	$642K	—
ADAMS STREET PARTNERS LLC	—	CHICAGO, IL	NONE	$476K	—
BRANDES INVESTMENT PARTNERS LP	33-0704072	—	NONE	$431K	—
HOTCHKIS & WILEY CAPITAL MANAGEMENT	95-4871957	—	NONE	$421K	—
AMERICAN CENTURY INVESTMENT MGMNT	44-0640487	—	NONE	$327K	—
RAEL & LETSON	94-1701048	—	NONE	$315K	—
PETER CROSSON	—	ANCHORAGE, AK	EMPLOYEE	$292K	—
MERCER INVESTMENTS LLC	30-0282430	—	NONE	$168K	—
RV KUHNS & ASSOCIATES	93-0910652	—	NONE	$154K	—
BARLOW COUGHRAN MORALES & JOSEPHSON	91-0889948	—	NONE	$151K	—
CLIFTONLARSONALLEN	41-0746749	—	NONE	$117K	—
SHERRY BORER	—	ANCHORAGE, AK	EMPLOYEE	$92K	—
LAURIE BUTCHER	—	ANCHORAGE, AK	EMPLOYEE	$81K	—
BENJAMIN NEFF	—	ANCHORAGE, AK	EMPLOYEE	$77K	—
CATHERINE LAURIO	—	ANCHORAGE, AK	EMPLOYEE	$68K	—
STATE STREET BANK & TRUST COMPANY	04-1867445	—	NONE	$66K	—
GREGORY STOKES	—	ANCHORAGE, AK	EMPLOYEE	$64K	—
GENARO GARCIA	—	ANCHORAGE, AK	EMPLOYEE	$63K	—
ASA BELARDE	—	ANCHORAGE, AK	EMPLOYEE	$56K	—
CASSANDRA BARE	—	ANCHORAGE, AK	EMPLOYEE	$40K	—
LIEZ MIRANDA	—	ANCHORAGE, AK	EMPLOYEE	$39K	—
EXPRESS BUSINESS SERVICES	91-1807227	—	NONE	$37K	—
FATTY NELSON	—	ANCHORAGE, AK	EMPLOYEE	$37K	—
BLACKROCK INSTITUTIONAL TRUST CO NA	94-3112180	—	NONE	$34K	—
EDUCATIONAL MANAGEMENT ASSOC	—	ANCHORAGE, AK	NONE	$34K	—
SABRINA KONECKY	—	ANCHORAGE, AK	EMPLOYEE	$32K	—
JIAN GUO	—	ANCHORAGE, AK	EMPLOYEE	$26K	—
INTERNATIONAL DATA SYSTEMS	01-0622708	—	NONE	$23K	—
COLOR ART PRINTING	92-0027042	—	NONE	$21K	—
LOKAN & ASSOCIATES	92-0169686	—	NONE	$10K	—
NORTHRIM BANK	—	ANCHORAG, AK	NONE	$8K	—
VITAL RECORDS CONTROL	82-0796154	—	NONE	$8K	—
KEEPIT SAFE INC	—	PASADENA, CA	NONE	$7K	—
SEGAL MARCO ADVISORS	13-2641100	—	NONE	$7K	—
BIRCH HORTON BITTNER	92-0046806	—	NONE	$6K	—
LEWIS BRISBOIS BISGAARD & SMITH	95-3720522	—	NONE	$5K	—
IFM INVESTORS PTY LTD	—	NY, NY	NONE	$0	—

Investments

258 direct securities · 15 pooled funds· $2.1B(100% 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

$1.4B

258 holdings

103-12 Investment Entity

$385.6M

9 holdings

Common Collective Trust

$332.0M

6 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
BlackRock Absolute Return Limited Partnership 212,939 units	—	—	$212.9M	$233.8M	11.3%
ALL WEATHER PORTFOLIO LIMITED ALL WEATHER PORTFOLIO LIMITED · EIN 98-0501379 / PN 001	103-12 Investment Entity	—	$167.0M	$195.0M	9.4%
Bridgewater Pure Alpha Fund 2 Ser 238 Limited Liability Company 38,540 units	—	—	$112.9M	$140.8M	6.8%
LOOMIS SAYLES CORE PLUS INCOME FUND LOOMIS SAYLES L.P. & COMPANY · EIN 84-6391546 / PN 010	Common Collective Trust	—	$111.0M	$118.3M	5.7%
WASHINGTON CAPITAL JOINT MASTER TR WASHINGTON CAPITAL MANAGEMENT, INC · EIN 91-1163419 / PN 001	103-12 Investment Entity	—	—	$109.1M	5.3%
Ares Global Multi Asset Credit Limited Partnership 80,000,000 units	—	—	$80.0M	$93.0M	4.5%
IFM Global Infrastructure Limited Partnership 45,905,211 units	—	—	$45.9M	$90.8M	4.4%
US DEBT INDEX NL FUND BLACKROCK INSTITUTIONAL TRUST CO, N.A. · EIN 26-4149955 / PN 001	Common Collective Trust	—	$78.1M	$77.5M	3.7%
Washington Capital Mortgage Income Washington Capital Management Joint Mortgage Income Fund, 779,507 units	—	—	$26.0M	$77.0M	3.7%
Neuberger Berman Crossroad Emerging Limited Partnership 75,000,000 units	—	—	$75.0M	$67.8M	3.3%
The Campbell Fund Limited Spc Offshore Limited Partnership 62,000 units	—	—	$62.0M	$67.5M	3.3%
Sands Capital Global Funds	—	—	$48.7M	$66.2M	3.2%
Neuberger Berman Crossroad Plan 23 Limited Partnership 47,300,000 units	—	—	$47.3M	$62.8M	3.0%
SCHRODER EMERGING MARKETS FUND SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC · EIN 13-6877903 / PN 001	Common Collective Trust	—	$34.4M	$58.9M	2.8%
Dodge & Cox Global Stock Fund	—	—	$50.9M	$58.6M	2.8%
Alderwood Lynwood, Washington	—	—	$41.0M	$45.9M	2.2%
Neuberger Berman Crossroad XXII Limited Partnership 13,642,510 units	—	—	$13.6M	$44.7M	2.2%
T ROWE PRICE INTL SMALL CAP EQUITY T. ROWE PRICE TRUST COMPANY · EIN 36-7612285 / PN 001	Common Collective Trust	—	$26.4M	$43.5M	2.1%
BLKROCK MSCI ACWI EQUITY INDEX FUND BLACKROCK INSTITUTIONAL TRUST CO, N.A. · EIN 45-1743707 / PN 001	Common Collective Trust	—	$25.5M	$33.8M	1.6%
Washington Capital Real Estate Washington Capital Management Joint Real estate fund, 348,243 units	—	—	$7.5M	$32.2M	1.6%
Crow Holdings Capital Real Estate CH Multi-Family Build-to-Hold I Limited and Companies Partnership 17,713,312 Class A Units	—	—	$17.7M	$30.1M	1.5%
ADAMS STREET 2015 GLOBAL FUND ADAMS STREET PARTNERS, LLC · EIN 38-3939413 / PN 001	103-12 Investment Entity	—	$482K	$24.1M	1.2%
State Street Short-Term Investment Fund	—	—	$20.3M	$20.3M	1.0%
Labor Impact Feeder Fund Limited Partnership 14,750,829 units	—	—	$14.8M	$18.2M	0.9%
Neuberger Berman Crossroad XXI Limited Partnership Interest 1	—	—	—	$15.4M	0.7%
ADAMS STREET 2011 US FUND LP ADAMS STREET PARTNERS, LLC · EIN 27-3682668 / PN 001	103-12 Investment Entity	—	—	$15.3M	0.7%
ADAMS STREET 2014 GLOBAL FUND LP ADAMS STREET PARTNERS, LLC · EIN 90-1019142 / PN 001	103-12 Investment Entity	—	—	$15.0M	0.7%
Tudor Park Land and two story building in Midtown Anchorage	—	—	$18.6M	$14.5M	0.7%
Neuberger Berman Crossroad Plan 24 Limited Partnership 10,250,000 units	—	—	$10.3M	$11.4M	0.5%
Crow Holdings Capital Real Estate CH Multi-Family Build-to-Hold II Limited and Companies Partnership 258,983 Class B Units	—	—	$10.0M	$9.7M	0.5%
ADAMS STREET 2013 GLOBAL FUND LP ADAMS STREET PARTNERS, LLC · EIN 38-3888080 / PN 001	103-12 Investment Entity	—	—	$8.6M	0.4%
UBS Asset Management UBS Trumbull Property Fund LP 934 units	—	—	$13.9M	$8.1M	0.4%
ADAMS STREET 2011 NON-US DEV MKT ADAMS STREET PARTNERS, LLC · EIN 27-3683054 / PN 001	103-12 Investment Entity	—	—	$7.8M	0.4%
Na'Nuk Investment Fund Lp Limited Partnership 13,863,399 units	—	—	$13.9M	$7.6M	0.4%
ADAMS STREET 2012 GLOBAL FUND LP ADAMS STREET PARTNERS, LLC · EIN 45-3710109 / PN 001	103-12 Investment Entity	—	—	$6.8M	0.3%
ADAMS STREET 2011 EMERGING MKT FUND ADAMS STREET PARTNERS, LLC · EIN 27-3683721 / PN 001	103-12 Investment Entity	—	—	$3.8M	0.2%
Nvidia Corp	—	—	$1.3M	$3.8M	0.2%
Grosvenor Infrastructure Adv Fund II Limited Partnership 3,962,343 units	—	—	$4.0M	$3.6M	0.2%
Microsoft Corp	—	—	$2.6M	$3.6M	0.2%
F5 Inc	—	—	$2.2M	$3.5M	0.2%
First American Government Fund	—	—	$3.0M	$3.0M	0.1%
Amazon Com Inc	—	—	$1.6M	$2.9M	0.1%
Adams Street 2011 Direct Fd LP Private Equity Interest -	—	—	—	$2.8M	0.1%
Alphabet Inc Cl A	—	—	$1.5M	$2.7M	0.1%
Avnet Inc	—	—	$2.4M	$2.3M	0.1%
Nov Inc	—	—	$2.8M	$2.3M	0.1%
Stagwell Inc	—	—	$1.7M	$2.2M	0.1%
Wells Fargo & Co	—	—	$1.2M	$2.2M	0.1%
Fiserv Inc	—	—	$1.1M	$1.9M	<0.1%
Ecovyst Inc	—	—	$2.3M	$1.9M	<0.1%
Popular Inc	—	—	$883K	$1.9M	<0.1%
Erste Group Bank Ag	—	—	$808K	$1.8M	<0.1%
Taiwan Semiconductor Sp	—	—	$847K	$1.8M	<0.1%
Embraer Sa	—	—	$1.4M	$1.8M	<0.1%
Jones Lang Lasalle Inc	—	—	$1.2M	$1.7M	<0.1%
First Hawaiian Inc	—	—	$1.4M	$1.7M	<0.1%
Meta Platforms Inc Class A	—	—	$1.4M	$1.7M	<0.1%
Sap Se	—	—	$1.1M	$1.7M	<0.1%
Slm Corp	—	—	$848K	$1.6M	<0.1%
Marriott Vacations World	—	—	$1.6M	$1.6M	<0.1%
Sanofi	—	—	$1.5M	$1.6M	<0.1%
Gsk Plc	—	—	$1.9M	$1.6M	<0.1%
Broadcom Inc	—	—	$1.1M	$1.5M	<0.1%
U Haul Holding Co Non Voting	—	—	$1.4M	$1.5M	<0.1%
Bank Of America Corp	—	—	$627K	$1.5M	<0.1%
Ubs Group Ag Reg	—	—	$747K	$1.4M	<0.1%
Heidelbergcement Ag	—	—	$749K	$1.3M	<0.1%
Olin Corp	—	—	$1.8M	$1.3M	<0.1%
McKesson Corp	—	—	$530K	$1.3M	<0.1%
Citigroup Inc	—	—	$891K	$1.3M	<0.1%
Shell Plc	—	—	$857K	$1.2M	<0.1%
Crh Plc	—	—	$519K	$1.2M	<0.1%
Aia Group Ltd	—	—	$1.2M	$1.2M	<0.1%
Timken Co	—	—	$1.2M	$1.1M	<0.1%
Stifel Financial Corp	—	—	$552K	$1.1M	<0.1%
Comcast Corp Cl A	—	—	$1.2M	$1.1M	<0.1%
Pfizer Inc	—	—	$1.3M	$1.1M	<0.1%
Mastercard Inc A	—	—	$646K	$1.1M	<0.1%
Rolls Royce Holdings Plc	—	—	$174K	$1.1M	<0.1%
Abbvie Inc	—	—	$1.1M	$1.1M	<0.1%
Amdocs Ltd	—	—	$986K	$1.1M	<0.1%
Oge Energy Corp	—	—	$1.0M	$1.1M	<0.1%
The Cigna Group	—	—	$798K	$1.1M	<0.1%
Northrim Bank	—	—	$1.1M	$1.1M	<0.1%
Cognizant Tech Solutions	—	—	$836K	$1.0M	<0.1%
Corteva Inc	—	—	$794K	$1.0M	<0.1%
Umpqua Bank	—	—	$1.0M	$1.0M	<0.1%
Alibaba Group Holding	—	—	$1.9M	$997K	<0.1%
Belden Inc	—	—	$420K	$991K	<0.1%
Bank New York Mellon Corp	—	—	$438K	$971K	<0.1%
Sonic Automotive Inc Cl A	—	—	$592K	$969K	<0.1%
Ambev Sa	—	—	$1.3M	$967K	<0.1%
Adient Plac	—	—	$1.9M	$958K	<0.1%
Global Indemnity Group Llc	—	—	$596K	$951K	<0.1%
Oracle Corp	—	—	$867K	$940K	<0.1%
Smith & Newphew Plc	—	—	$869K	$920K	<0.1%
Boston Scientific Corp	—	—	$583K	$907K	<0.1%
Imperial Brands Plc	—	—	$937K	$900K	<0.1%
Fedex Corp	—	—	$595K	$898K	<0.1%
Pnc Financial Services Group	—	—	$564K	$897K	<0.1%
Wex Inc	—	—	$798K	$894K	<0.1%
Cae Inc	—	—	$672K	$875K	<0.1%
Kosmos Energy Ltd	—	—	$1.3M	$867K	<0.1%
Merck & Co Inc	—	—	$515K	$855K	<0.1%
Bank of Nt Butterfield & Son	—	—	$771K	$852K	<0.1%
Novo Nordisk A/s	—	—	$822K	$837K	<0.1%
Solventum Corp	—	—	$847K	$826K	<0.1%
Stryker Corp	—	—	$762K	$825K	<0.1%
National Cinemedia Inc	—	—	$509K	$824K	<0.1%
Kering	—	—	$1.4M	$824K	<0.1%
Publicis Group	—	—	$418K	$824K	<0.1%
Textron Inc	—	—	$405K	$822K	<0.1%
Bp Plc	—	—	$890K	$807K	<0.1%
Lowes Cos Inc	—	—	$649K	$807K	<0.1%
Williams Cos Inc	—	—	$511K	$805K	<0.1%
Lear Corp	—	—	$824K	$793K	<0.1%
Barclays Plc	—	—	$677K	$777K	<0.1%
Pernod Ricard Sa	—	—	$770K	$777K	<0.1%
Takeda Pharmaceutical Co	—	—	$846K	$774K	<0.1%
Genting Bhd	—	—	$1.3M	$764K	<0.1%
Asgn Inc	—	—	$848K	$758K	<0.1%
Heineken Nv	—	—	$963K	$758K	<0.1%
London Stock Exchange Gr	—	—	$546K	$749K	<0.1%
Ares Management Corp	—	—	$492K	$722K	<0.1%
S+P Global Inc	—	—	$453K	$721K	<0.1%
Uber Technologies Inc	—	—	$710K	$719K	<0.1%
National Grid Plc	—	—	$716K	$715K	<0.1%
ManpowerGroup Inc	—	—	$1.0M	$710K	<0.1%
Morgan Stanley	—	—	$723K	$694K	<0.1%
GE Vernova Inc	—	—	$384K	$681K	<0.1%
Onemain Holdings Inc	—	—	$657K	$680K	<0.1%
Progresstive Corp	—	—	$437K	$676K	<0.1%
Micron Technology Inc	—	—	$506K	$676K	<0.1%
Cardinal Health Inc	—	—	$342K	$674K	<0.1%
American Intl Group	—	—	$453K	$671K	<0.1%
American Water Works Co Inc	—	—	$710K	$671K	<0.1%
Hallliburton Co	—	—	$578K	$670K	<0.1%
Howmet Aerospace Inc	—	—	$288K	$666K	<0.1%
Reckitt Benckiser Group Plc	—	—	$576K	$666K	<0.1%
Roper Technologies	—	—	$633K	$665K	<0.1%
Labcorp Holdings Inc	—	—	$471K	$665K	<0.1%
Hca Healthcare Inc	—	—	$325K	$658K	<0.1%
Hitachi Ltd	—	—	$625K	$651K	<0.1%
Cie Fianciere Richemo	—	—	$567K	$649K	<0.1%
Mercadolibre Inc	—	—	$692K	$646K	<0.1%
Sumitomo Mitsui Financial	—	—	$518K	$642K	<0.1%
Budweiser Brewing Co	—	—	$824K	$636K	<0.1%
Exxon Mobil Corp	—	—	$520K	$634K	<0.1%
Lithia Motors Inc	—	—	$467K	$608K	<0.1%
Schneider Electric Se	—	—	$447K	$606K	<0.1%
Dominion Energy Inc	—	—	$652K	$599K	<0.1%
Cbre Group Inc A	—	—	$586K	$599K	<0.1%
Natwest Group Plc	—	—	$361K	$597K	<0.1%
American Express Co	—	—	$321K	$591K	<0.1%
Carrefour Sa	—	—	$996K	$589K	<0.1%
Servicenow Inc	—	—	$247K	$575K	<0.1%
Evergy Inc	—	—	$566K	$568K	<0.1%
Kasikorn Bank Plc	—	—	$489K	$566K	<0.1%
Cheniere Energy Inc	—	—	$297K	$563K	<0.1%
Nasdaq Inc	—	—	$477K	$563K	<0.1%
Eli Lilly + Co	—	—	$627K	$556K	<0.1%
Samsung Electronics Co Ltd	—	—	$486K	$548K	<0.1%
State Street Corp	—	—	$374K	$548K	<0.1%
Livanova Plc	—	—	$609K	$546K	<0.1%
Samsung Electronics Pref	—	—	$721K	$545K	<0.1%
Arrow Electronics Inc	—	—	$480K	$543K	<0.1%
Gfl Environmental Inc	—	—	$399K	$541K	<0.1%
Wpp Plc	—	—	$753K	$534K	<0.1%
Vertiv Holdings Co	—	—	$316K	$531K	<0.1%
Sherwin Williams Co	—	—	$456K	$530K	<0.1%
Brink Co	—	—	$369K	$529K	<0.1%
Danaher Corp	—	—	$438K	$521K	<0.1%
Horace Mann Educators	—	—	$509K	$514K	<0.1%
Agco Corp	—	—	$532K	$505K	<0.1%
Ametek Inc	—	—	$521K	$505K	<0.1%
Odp Corp	—	—	$802K	$503K	<0.1%
Greenbrier Co	—	—	$294K	$494K	<0.1%
Airbus Se	—	—	$454K	$494K	<0.1%
Emercon Electric Co	—	—	$190K	$492K	<0.1%
Cellnex Telecom	—	—	$603K	$490K	<0.1%
Topsports Internation Hold	—	—	$886K	$485K	<0.1%
Enstar Group Ltd	—	—	$301K	$483K	<0.1%
Mitsubishi Heavy Industries	—	—	$179K	$482K	<0.1%
Cvs Health Corp	—	—	$676K	$482K	<0.1%
Mohawk Industries Inc	—	—	$370K	$473K	<0.1%
Shopify Inc	—	—	$330K	$467K	<0.1%
Rush Enterprises Inc	—	—	$400K	$466K	<0.1%
Hdfc Bank Ltd	—	—	$400K	$463K	<0.1%
Quanta Services Inc	—	—	$390K	$458K	<0.1%
Deckers Outdoor Corp	—	—	$205K	$455K	<0.1%
Intuitive Surgical Inc	—	—	$336K	$454K	<0.1%
Keyence Corp	—	—	$468K	$452K	<0.1%
Kingfisher Plc	—	—	$509K	$448K	<0.1%
Nextdecade Corp	—	—	$343K	$442K	<0.1%
Fluor Corp	—	—	$210K	$429K	<0.1%
Trust Fibra uno Reit	—	—	$576K	$428K	<0.1%
Prologis Inc Reit	—	—	$467K	$427K	<0.1%
Entegris Inc	—	—	$584K	$426K	<0.1%
Pan Pacific International	—	—	$279K	$423K	<0.1%
Vanguard Federal Money Market	—	—	$421K	$421K	<0.1%

Showing top 200 of 273 investments by value.