Original filing (PDF)20251013132642NAL0001397649001

BOARD OF TRUSTEES AGC-IUOE LOCAL OF AGC-IUOE LOCAL 701 PENSION TRUST

Name: BOARD OF TRUSTEES AGC-IUOE LOCAL OF AGC-IUOE LOCAL 701 PENSION TRUST — DEFINED BENEFIT PENSION PLAN OF AGC-IUOE LOCAL 701 PENSION TRUST FUND, Form 5500 (2024)
Creator: BOARD OF TRUSTEES AGC-IUOE LOCAL OF AGC-IUOE LOCAL 701 PENSION TRUST

Form 5500

FILING_RECEIVED

DEFINED BENEFIT PENSION PLAN OF AGC-IUOE LOCAL 701 PENSION TRUST FUND

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed16 service providers

Active participants

1,882

Accounts w/ balance

—

Plan assets (EOY)

$358.2M

Net assets (EOY)

$357.8M

How this plan invests

This plan

15 pooled trusts

Schedule D

288 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

64 bps in Schedule C fees — 539% 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 AGC-IUOE LOCAL OF AGC-IUOE LOCAL 701 PENSION TRUST.

Plan sponsor

Name

BOARD OF TRUSTEES AGC-IUOE LOCAL OF AGC-IUOE LOCAL 701 PENSION TRUST

EIN

93-6075580

Address

PO BOX 34203 · SEATTLE, WA · 98124

Phone

(206) 441-7574

Industry

Constructionsee all

Plan administrator

Name

BOARD OF TRUSTEES AGC-IUOE LOCAL 701 PENSION TRUST FUND

EIN

93-6075580

City

SEATTLE, WA

Phone

(206) 441-7574

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-13

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

CLIFTONLARSONALLEN LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

16 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
WELFARE & PENSION ADMIN SVC, INC	91-1363171	—	NONE	$686K	—
BANK OF NEW YORK MELLON	13-5160382	—	NONE	$316K	—
WASHINGTON CAPITAL MANAGEMENT	91-1042342	—	NONE	$312K	—
NEPC, LLC	26-1429809	—	NONE	$147K	—
ASB CAPITAL MANAGEMENT LLC	80-0618452	—	NONE	$136K	—
MILLIMAN, INC.	91-0675641	—	NONE	$131K	—
RICE HALL JAMES & ASSOCIATES LLC	43-1992528	—	NONE	$82K	—
SEGALL BRYANT & HAMILL	41-1788385	CHICAGO, IL	NONE	$82K	—
QUEST INVESTMENT MANAGEMENT LLC	93-0880854	LAKE OSWEGO, OR	NONE	$78K	—
BARLOW COUGHRAN MORALES & JOSEPSON	91-0889948	—	NONE	$71K	—
THE UNION LABOR LIFE INSURANCE CO	13-1423090	—	NONE	$65K	—
DODGE & COX	94-1441976	—	NONE	$52K	—
AGC-IUOE LOCAL 701 TRAINING TRUST	93-0634959	—	NONE	$47K	—
PLATFORM CPAS, LLP	88-4342576	—	NONE	$38K	—
US BANK NA	31-0841368	—	NONE	$37K	—
PRINCIPAL FINANCIAL GROUP	42-1520346	—	NONE	$9K	—

Investments

279 direct securities · 15 pooled funds· $491.6M(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

$293.3M

279 holdings

103-12 Investment Entity

$100.5M

7 holdings

Common Collective Trust

$88.2M

7 holdings

Pooled Separate Account

$9.6M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
NCS GROUP TRUST GLOBAL FUND BNY MELLON INVESTMENT ADVISER, INC. · EIN 76-6192146 / PN 003	103-12 Investment Entity	—	$33.0M	$42.3M	11.8%
Current Valueof Assets on$ Transaction Date (g) Cost ofAssets 36,376	—	—	$36.4M	$39.2M	10.9%
WA CAPITAL JOINT MASTER TRUST FUND WASHINGTON CAPITAL MANAGEMENT · EIN 91-1163419 / PN 001	103-12 Investment Entity	—	—	$38.6M	10.8%
Artisan Global Opportunities Tr	—	—	$11.4M	$36.7M	10.3%
ARTISAN MULTIPLE INVESTMENT TRUST SEI TRUST COMPANY · EIN 26-3653822 / PN 021	Common Collective Trust	—	—	$36.7M	10.3%
Washington Capital Joint Master Trust Real Estate Equity Fund	—	—	$4.8M	$23.9M	6.7%
AQR Global Risk Premium Offshore Fund Ltd.	—	—	$11.4M	$18.0M	5.0%
BNY MELLON AFL-CIO STOCK MARKET BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 340	Common Collective Trust	—	$12.7M	$17.2M	4.8%
Baird Aggregate Bond Fd Instl	—	—	$16.2M	$17.0M	4.8%
Pimco All Asset Fund Institu	—	—	$16.7M	$15.6M	4.4%
Washington Capital Joint Master Trust Mortgage Income Fund	—	—	$3.8M	$14.7M	4.1%
Pimco Diversified Income Cl I	—	—	$14.3M	$13.8M	3.8%
Segal Bryant & Hamill Emerging Markets Small Cap Trust	—	—	$7.1M	$13.4M	3.7%
SBH COLLECTIVE INVESTMENT TRUST SEI TRUST COMPANY · EIN 81-0835598 / PN 090	Common Collective Trust	—	—	$13.4M	3.7%
ASB ALLEGIANCE REAL ESTATE FUND CHEVY CHASE TRUST COMPANY · EIN 52-6257033 / PN 006	Common Collective Trust	—	$9.5M	$13.1M	3.6%
Mesirow Financial Private Equity Fund VIII-A LP	—	—	$9.4M	$10.4M	2.9%
SEPARATE ACCOUNT J THE UNION LABOR LIFE INSURANCE COMPANY · EIN 13-1423090 / PN 203	Pooled Separate Account	—	$7.1M	$9.6M	2.7%
Axiom Emerging Market Equity Fdd	—	—	$10.0M	$7.8M	2.2%
AXIOM INVESTORS COLLECTIVE INV TRST SEI TRUST COMPANY · EIN 81-1085578 / PN 087	Common Collective Trust	—	—	$7.8M	2.2%
MCMORGAN INFRASTRUCTURE FD I, LP MCMORGAN & COMPANY LLC · EIN 30-0808269 / PN 001	103-12 Investment Entity	—	$3.1M	$7.6M	2.1%
ALCENTRA EURO CR OPP FUND III SCSP ALCENTRA EURO CR OPP FUND III SCSP · EIN 98-1453417 / PN 001	103-12 Investment Entity	—	$3.8M	$6.4M	1.8%
MC Credit Fund SN, LP	—	—	$6.1M	$6.2M	1.7%
GCM Grosvenor Infrastructure Advantage Feeder Fund II LP	—	—	$3.8M	$3.6M	1.0%
Alcentra European Credit Opportunities Fund II	—	—	$4.6M	$3.5M	1.0%
ALCENTRA EURO CR OPP FUND II BANK OF NEW YORK MELLON · EIN 47-4109552 / PN 001	103-12 Investment Entity	—	—	$3.5M	1.0%
First Am Govt Ob Fd CL Z	—	—	$2.9M	$2.9M	0.8%
Siguler Guff Small Business Credit Opportunities Fund III LP	—	—	$2.4M	$2.5M	0.7%
Kayne Private Energy Fund II LP	—	—	$618K	$2.5M	0.7%
Kayne Anderson Energy Fund VII LP	—	—	$1.8M	$2.0M	0.6%
ALCENTRA MULTI STRAT EURO CR FUND BANK OF NEW YORK MELLON · EIN 80-6263676 / PN 001	103-12 Investment Entity	—	—	$2.0M	0.6%
Microsoft Corp	—	—	$1.2M	$1.9M	0.5%
Principal Life Insurance Co Insurance Company General Account	—	—	$1.8M	$1.8M	0.5%
Nvidia Corp	—	—	$708K	$1.6M	0.5%
Amazon Com Inc	—	—	$936K	$1.6M	0.4%
Apple Inc Com	—	—	$913K	$1.5M	0.4%
Schroders Taft-Hartley Venture Partners LP	—	—	$1.4M	$1.5M	0.4%
Alphabet Inc Cl C	—	—	$761K	$1.4M	0.4%
Private Equity Core Fund XI (Offshore) LP	—	—	$901K	$1.1M	0.3%
Alliance Fund II LP -	—	—	—	$1.0M	0.3%
Meta Platforms Inc	—	—	$505K	$810K	0.2%
Kayne Private Energy Fund III LP	—	—	$700K	$700K	0.2%
V F Corp	—	—	$507K	$651K	0.2%
Broadcom Inc	—	—	$357K	$600K	0.2%
Schwab Charles Corp	—	—	$265K	$574K	0.2%
Fiserv Inc	—	—	$292K	$565K	0.2%
Siguler Guff Distressed Real Estate Fund -	—	—	—	$549K	0.2%
Tesla Inc	—	—	$298K	$515K	0.1%
Rtx Corporation	—	—	$307K	$498K	0.1%
Johnson Ctls Intl Plc	—	—	$255K	$458K	0.1%
Wells Fargo Co	—	—	$221K	$457K	0.1%
Progress Software Corp	—	—	$284K	$423K	0.1%
Metlife Inc	—	—	$218K	$418K	0.1%
Rev Group Inc	—	—	$122K	$355K	<0.1%
Sanofi	—	—	$336K	$352K	<0.1%
Eli Lilly Co	—	—	$255K	$344K	<0.1%
Fed Ex Corp	—	—	$186K	$331K	<0.1%
Valmont Inds Inc	—	—	$250K	$328K	<0.1%
Charter Communications Inc	—	—	$287K	$326K	<0.1%
Bank of New York Mellon Corp	—	—	$141K	$315K	<0.1%
Occidental Petroleum Corporation	—	—	$235K	$296K	<0.1%
Salesforce Inc	—	—	$222K	$294K	<0.1%
Tetra Tech Inc	—	—	$150K	$293K	<0.1%
Guidewire Software Inc	—	—	$241K	$293K	<0.1%
Hubspot Inc	—	—	$298K	$293K	<0.1%
Servicenow Inc	—	—	$290K	$292K	<0.1%
Zscaler Inc Com	—	—	$309K	$291K	<0.1%
Palo Alto Networks Inc	—	—	$271K	$291K	<0.1%
Asml Holding Nv Ny Reg Shs A D R	—	—	$333K	$289K	<0.1%
Globus Med Inca	—	—	$186K	$288K	<0.1%
Monolithic Power Systems Inc	—	—	$301K	$287K	<0.1%
Arista Networks Inc	—	—	$159K	$287K	<0.1%
Mercury Systems Inc	—	—	$283K	$287K	<0.1%
Gilead Sciences Inc	—	—	$212K	$286K	<0.1%
Capital One Finl Corp	—	—	$104K	$285K	<0.1%
Vital Farms Inc	—	—	$125K	$281K	<0.1%
Primo Brands Corporation Class A	—	—	$139K	$278K	<0.1%
Construction Partners Inc A	—	—	$86K	$277K	<0.1%
Encompass Health Corporation	—	—	$197K	$269K	<0.1%
Griffon Corp	—	—	$73K	$265K	<0.1%
Norfolk Southn Corp	—	—	$234K	$258K	<0.1%
Fabrinet	—	—	$71K	$258K	<0.1%
Azz Inc	—	—	$147K	$254K	<0.1%
Dorman Products Inc	—	—	$166K	$252K	<0.1%
KEPE Selling Fund II, LP	—	—	$249K	$249K	<0.1%
Booking Holdings Inc	—	—	$80K	$248K	<0.1%
Quidelortho Corp	—	—	$231K	$248K	<0.1%
Icu Medical Inc	—	—	$273K	$246K	<0.1%
Netflix Com Inc	—	—	$136K	$244K	<0.1%
Mirion Technologies Inc Cl A	—	—	$151K	$242K	<0.1%
Hawkins Inc	—	—	$179K	$241K	<0.1%
Genius Sports Limited Shares Cl A	—	—	$152K	$241K	<0.1%
Comcast Corp Class A	—	—	$191K	$240K	<0.1%
Veracyte Inc	—	—	$145K	$239K	<0.1%
Crescent Energy Company Cl A Co	—	—	$194K	$237K	<0.1%
Ingevity Corp	—	—	$245K	$237K	<0.1%
Tandem Diabetes Care Inc	—	—	$199K	$236K	<0.1%
Summit Materials Inc Cl A	—	—	$138K	$235K	<0.1%
Prestige Brands Hldgs Inc	—	—	$180K	$235K	<0.1%
Fidelity National Info Serv	—	—	$213K	$234K	<0.1%
Ge Aerospace	—	—	$75K	$234K	<0.1%
Brightview Holdings Inc	—	—	$178K	$232K	<0.1%
Alphabet Inc Cl A	—	—	$97K	$227K	<0.1%
Adapthealth Corp	—	—	$250K	$227K	<0.1%
Belden Inc Com	—	—	$114K	$226K	<0.1%
Lantheus Holdings Inc	—	—	$153K	$220K	<0.1%
Champion Homes Inc	—	—	$115K	$219K	<0.1%
Napco Sec Technologies Inc Com	—	—	$215K	$217K	<0.1%
Rambus Inc	—	—	$135K	$217K	<0.1%
Humana Inc	—	—	$258K	$216K	<0.1%
Addus Homecare Corp	—	—	$153K	$215K	<0.1%
Gsk Plc	—	—	$239K	$215K	<0.1%
Apogee Enterprises Inc	—	—	$110K	$214K	<0.1%
Eaton Corp Plc Shs	—	—	$226K	$207K	<0.1%
Union Pacific Corp Com	—	—	$200K	$207K	<0.1%
The Cigna Group	—	—	$123K	$207K	<0.1%
Albany Intl Corp Cl A	—	—	$211K	$207K	<0.1%
Accenture Plc Ireland Shs Class A	—	—	$199K	$207K	<0.1%
Visa Inc Com Cl A	—	—	$147K	$205K	<0.1%
Mastercard Inc	—	—	$146K	$205K	<0.1%
Integral Ad Science Hldng Corp Co	—	—	$209K	$203K	<0.1%
Columbia Bkg Sys Inc	—	—	$180K	$201K	<0.1%
Goldman Sachs Group Inc	—	—	$52K	$200K	<0.1%
G A T X Corp	—	—	$119K	$200K	<0.1%
Adma Biologics Inc	—	—	$62K	$199K	<0.1%
Applied Optoelectronics Inc	—	—	$90K	$198K	<0.1%
Silgan Hldgs Inc	—	—	$128K	$197K	<0.1%
Haemonetics Corp Mass Com	—	—	$174K	$196K	<0.1%
Api Group Corp	—	—	$118K	$195K	<0.1%
Kratos Defense & Security	—	—	$123K	$194K	<0.1%
A10 Networks Inc	—	—	$128K	$193K	<0.1%
Avid Bioservices Inc	—	—	$159K	$193K	<0.1%
Home Depot Inc	—	—	$158K	$192K	<0.1%
Chipotle Mexican Grill Inc	—	—	$180K	$192K	<0.1%
O Reilly Automotive Inc	—	—	$151K	$190K	<0.1%
Costco Whsl Corp	—	—	$117K	$188K	<0.1%
Magnite Inc Com	—	—	$148K	$188K	<0.1%
T Mobile Us Inc	—	—	$90K	$188K	<0.1%
Marriott Intl Inc	—	—	$174K	$187K	<0.1%
Texas Capital Bancshares Inc	—	—	$150K	$187K	<0.1%
Anheuser Busch Inbev Nv	—	—	$211K	$185K	<0.1%
Proto Labs Inc	—	—	$198K	$185K	<0.1%
Deckers Outdoor Corp	—	—	$153K	$185K	<0.1%
Tjx Companies Inc	—	—	$138K	$184K	<0.1%
Mirum Pharmaceuticals Inc	—	—	$118K	$184K	<0.1%
Trade Desk Inc Com Cl A	—	—	$189K	$183K	<0.1%
Cadence Bank Com	—	—	$133K	$182K	<0.1%
Spotify Technology Sa	—	—	$124K	$182K	<0.1%
Air Products Chemicals Inc	—	—	$160K	$181K	<0.1%
Zuora Inc Class A	—	—	$161K	$181K	<0.1%
National Bank Hold Cl A	—	—	$109K	$181K	<0.1%
Ensign Group Inc The	—	—	$72K	$179K	<0.1%
Avantor Inc	—	—	$173K	$179K	<0.1%
Neogenomics Inc	—	—	$143K	$179K	<0.1%
Merck Co Inc	—	—	$195K	$178K	<0.1%
Advance Auto Parts Inc	—	—	$166K	$178K	<0.1%
Shopify Inc A	—	—	$154K	$178K	<0.1%
Unitedhealth Group Inc	—	—	$77K	$177K	<0.1%
Boston Scientific Corp	—	—	$151K	$176K	<0.1%
West Pharmaceutical Svcs Inc Com	—	—	$176K	$176K	<0.1%
Murphy Oil Corp	—	—	$217K	$176K	<0.1%
Stryker Corp	—	—	$135K	$175K	<0.1%
Procter Gamble Co	—	—	$162K	$175K	<0.1%
Jpmorgan Chase Co	—	—	$145K	$175K	<0.1%
Williams Cos Inc	—	—	$63K	$173K	<0.1%
Goodyear Tire Rubber Co	—	—	$249K	$173K	<0.1%
Baker Hughes Company	—	—	$115K	$172K	<0.1%
Blackstone Group Inc Class A	—	—	$154K	$172K	<0.1%
Intl Flavors Fragrances	—	—	$154K	$169K	<0.1%
Zimmer Biomet Holdings Inc	—	—	$188K	$169K	<0.1%
South State Corp	—	—	$131K	$168K	<0.1%
Pros Holdings Inc	—	—	$209K	$168K	<0.1%
O I Glass Inc	—	—	$194K	$166K	<0.1%
S P Global Inc Com	—	—	$119K	$165K	<0.1%
Enersys	—	—	$131K	$164K	<0.1%
Live Oak Bancshares Inc	—	—	$138K	$163K	<0.1%
Glacier Bancorp Inc New	—	—	$113K	$162K	<0.1%
Littelfuse Inc	—	—	$171K	$160K	<0.1%
Community Finl Sys Inc	—	—	$130K	$158K	<0.1%
Osisko Gold Royalties Ltd	—	—	$107K	$157K	<0.1%
Haleon Plc	—	—	$119K	$157K	<0.1%
Materion Corp	—	—	$94K	$154K	<0.1%
Seacoast Banking Corp Fl	—	—	$105K	$153K	<0.1%
Te Connectivity Plc	—	—	$66K	$150K	<0.1%
Dycom Inds Inc	—	—	$162K	$150K	<0.1%
V2X Inc	—	—	$134K	$148K	<0.1%
Cognizant Tech Solutions Cl A	—	—	$121K	$146K	<0.1%
Figs Inc Cl A	—	—	$116K	$146K	<0.1%
Wesbanco Inc	—	—	$158K	$145K	<0.1%
Alamos Gold Inc New Class A	—	—	$62K	$144K	<0.1%
Harmony Biosciences Hldgs Inc Co	—	—	$142K	$143K	<0.1%
Clear Secure Inc Com Cl A	—	—	$113K	$143K	<0.1%
Element Solutions Inc	—	—	$105K	$143K	<0.1%
Txnm Energy Inc	—	—	$124K	$143K	<0.1%
Regeneron Pharmaceuticals Inc	—	—	$126K	$142K	<0.1%
Hancock Whitney Corp	—	—	$132K	$142K	<0.1%
Sensient Technologies Corp	—	—	$133K	$141K	<0.1%
Geron Corp	—	—	$140K	$140K	<0.1%
Shift4 Pmts Inc Cl A	—	—	$67K	$139K	<0.1%
Icf International Inc	—	—	$102K	$139K	<0.1%
Papa Johns Intl Inc	—	—	$179K	$138K	<0.1%

Showing top 200 of 294 investments by value.