Back to filter
Original filing (PDF)20260303105506NAL0001345875001
BOARD OF TRUSTEES, SERVICE EMPLOYEES INTERNATIONAL
Form 5500
FILING_RECEIVED
SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 49 WELFARE TRUST
Health & welfare plan
Signals · 3
~202 bps in Sched C feesNo recordkeeper disclosed6 service providers
Active participants
1,624
Accounts w/ balance
—
Plan assets (EOY)
$14.5M
Net assets (EOY)
$12.6M
How this plan invests
This plan
36 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 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
65
Vendor stack
80
Participation health
100
Knocking points off
- 202 bps in Schedule C fees — 597% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, SERVICE EMPLOYEES INTERNATIONAL.
Plan sponsor
Name
BOARD OF TRUSTEES, SERVICE EMPLOYEES INTERNATIONAL
DBA
UNION LOCAL 49 WELFARE TRUST
EIN
93-6025789
Address
PO BOX 4148 · PORTLAND, OR · 97208
Phone
(503) 282-5581
Industry
Admin Support & Waste Mgmtsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-06-01
Tax period
2025-05-31
Filed
2026-03-03
Welfare benefit codes
4A · Health (other than dental or vision)
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4L · Death Benefits (other than life insurance)
4Q · Other
Audit & trust (Schedule H)
Auditor
MILLER KAPLAN ARASE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsOther
6| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE WILLIAM C. EARHART CO., INC. | 93-0509592 | — | NONE | $167K | — |
| USI INSURANCE SERVICES | 56-1882208 | — | NONE | $48K | — |
| FERGUSON WELLMAN CAPITAL MANAGEMENT | 93-0641698 | — | NONE | $25K | — |
| WITHUM SMITH BROWN | 53-2385296 | — | NONE | $21K | — |
| BROWNSTEIN RASK, LLP | 93-0589000 | — | NONE | $16K | — |
| PLATFORM CPAS, LLP | 88-4342576 | — | NONE | $16K | — |
Investments
36 direct securities· $9.5M(65% of reported assets)
Uncategorized
$9.3M
35 holdings
Corporate Bonds
$246K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| US Treasury | — | — | $498K | $491K | 3.4% | |
| E.I.N. 93-6025789; PLAN NO. 501 MAY 31, 2025 Face Maturity Interest Fair Value Government Securities Date Rate (%) Value Cost $ 500,000 US Treasury | — | — | $484K | $473K | 3.3% | |
| US Treasury | — | — | $478K | $467K | 3.2% | |
| US Treasury | — | — | $448K | $435K | 3.0% | |
| US Treasury | — | — | $401K | $404K | 2.8% | |
| US Treasury | — | — | $400K | $403K | 2.8% | |
| US Treasury | — | — | $389K | $385K | 2.7% | |
| US Treasury | — | — | $390K | $379K | 2.6% | |
| US Treasury | — | — | $302K | $305K | 2.1% | |
| US Treasury | — | — | $291K | $290K | 2.0% | |
| US Treasury | — | — | $292K | $287K | 2.0% | |
| US Treasury | — | — | $294K | $286K | 2.0% | |
| US Treasury | — | — | $292K | $285K | 2.0% | |
| No. of Units Money Market Fund 279,630 First American US Treasury Money Market Fund * Var. | — | — | $280K | $280K | 1.9% | |
| Unitedhealth | — | — | $255K | $257K | 1.8% | |
| Amgen Inc | — | — | $255K | $251K | 1.7% | |
| Gilead Sciences Inc | — | — | $253K | $251K | 1.7% | |
| US Treasury | — | — | $251K | $249K | 1.7% | |
| Verizon | — | — | $249K | $249K | 1.7% | |
| Comcast Corp | — | — | $248K | $248K | 1.7% | |
| Home Depot Inc | — | — | $248K | $247K | 1.7% | |
| $ 250,000 Abbvie Inc | Corporate Bonds | — | $250K | $246K | 1.7% | |
| Goldman Sachs Group | — | — | $248K | $245K | 1.7% | |
| US Treasury | — | — | $246K | $243K | 1.7% | |
| Oracle Corp | — | — | $246K | $241K | 1.7% | |
| Starbucks Corp | — | — | $241K | $239K | 1.6% | |
| Union Pacific Corp | — | — | $198K | $198K | 1.4% | |
| Lowes Cos Inc | — | — | $150K | $151K | 1.0% | |
| Bank of America | — | — | $149K | $146K | 1.0% | |
| Visa Inc | — | — | $124K | $128K | 0.9% | |
| Morgan Stanley | — | — | $125K | $128K | 0.9% | |
| John Deere | — | — | $128K | $126K | 0.9% | |
| McDonalds Corp | — | — | $125K | $126K | 0.9% | |
| Intel Corp Sr | — | — | $126K | $125K | 0.9% | |
| Jp Morgan Chase | — | — | $123K | $122K | 0.8% | |
| Wells Fargo Company | — | — | $122K | $119K | 0.8% |