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Original filing (PDF)20251010185504NAL0013673088001
BOARD OF TRUSTEES, IBEW 332 PENSION PLAN - PART A
Form 5500
FILING_RECEIVED
IBEW 332 PENSION PLAN - PART A
Defined-benefit pension plan
Signals · 2
No recordkeeper disclosed17 service providers
Active participants
2,079
Accounts w/ balance
0
Plan assets (EOY)
$817.3M
Net assets (EOY)
$815.6M
How this plan invests
This plan
3 pooled trusts
Schedule D
88 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
- 24 bps in Schedule C fees — 297% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, IBEW 332 PENSION PLAN - PART A.
Plan sponsor
Name
BOARD OF TRUSTEES, IBEW 332 PENSION PLAN - PART A
EIN
94-2688032
Address
6800 SANTA TERESA BLVD STE 100 · SAN JOSE, CA · 95119
Phone
(408) 288-4400
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
1B · Flat-dollar DB formula
Audit & trust (Schedule H)
Auditor
MILLER KAPLAN ARASE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
17 rowsOther
17| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NATIONAL REAL ESTATE ADVISORS, LLC | 26-2237421 | — | NONE | $368K | — |
| RREEF AMERICA L.L.C. | 58-2364506 | — | NONE | $193K | — |
| PANAGORA | 04-3063840 | — | NONE | $191K | — |
| MILLIMAN | 91-0675641 | — | NONE | $163K | — |
| UNITED ADMINISTRATIVE SERVICES | 94-1749354 | — | NONE | $156K | — |
| KRAW LAW GROUP | 77-0171216 | — | NONE | $148K | — |
| INVESTMENT PERFORMANCE SERVICES LLC | — | SAVANNAH, GA | NONE | $147K | — |
| LOOMIS SAYLES | 04-3200030 | — | NONE | $102K | — |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 20-0292745 | — | NONE | $89K | — |
| ALLIANCE BERNSTEIN | 13-4064930 | — | NONE | $79K | — |
| SMART SOURCE CRITICAL COMMUNICATION | — | SUWANEE, GA | NONE | $77K | — |
| EIDE BAILLY LLP | 45-0250958 | — | NONE | $67K | — |
| MILLER KAPLAN ARASE LLP | 95-2036255 | — | NONE | $55K | — |
| MATRIX TRUST COMPANY | 75-3182674 | — | NONE | $45K | — |
| SEGAL MARCO ADVISORS | 13-2646110 | — | NONE | $28K | — |
| NATIONAL INVESTMENT SERVICES OF AME | 84-3937993 | — | NONE | $27K | — |
| CONESTOGA CAPITAL ADVISORS LLC | 23-3072906 | — | NONE | $18K | — |
Investments
87 direct securities · 3 pooled funds· $593.3M(73% 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
$443.6M
86 holdings
Common Collective Trust
$111.7M
3 holdings
Common Collective Trusts
$38.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Collective Investment Funds 185,333 Fort Washington High Yield Investors II, LLC | — | — | $61.1M | $61.0M | 7.5% | |
| E.I.N. 94-2688032; PLAN NO. 004 DECEMBER 31, 2024 No. of Fair Shares Real Estate Investment Funds Value Cost 41,259 AFL-CIO Housing Investment Trust | — | — | $39.6M | $46.3M | 5.7% | |
| GoldenTree Multi-Sector Fund Offshore ERISA, Ltd. | — | — | $42.8M | $42.4M | 5.2% | |
| s 3,769,841 Barrow Hanley Non-US Value CIT | Common Collective Trusts | — | $37.5M | $38.0M | 4.6% | |
| William Blair International Leaders Collective Investment Fund | — | — | $36.8M | $38.0M | 4.6% | |
| BARROW HANLEY COLLECTIVE INVESTMENT SEI TRUST COMPANY · EIN 87-1717990 / PN 151 | Common Collective Trust | — | — | $37.5M | 4.6% | |
| NIS INTERMEDIATE FIXED INCOME QP FU NATIONAL INVESTMENT SERVICES OF AMERICA, LLC · EIN 82-4087168 / PN 001 | Common Collective Trust | — | $37.4M | $37.4M | 4.6% | |
| WILLIAM BLAIR INTERNATIONAL LEADERS GLOBAL TRUST COMPANY · EIN 27-6331814 / PN 012 | Common Collective Trust | — | — | $36.8M | 4.5% | |
| PIMCO StockPlus LP A | — | — | $125.8M | $33.4M | 4.1% | |
| GCM Grosvenor Opportunistic Credit Fund Ltd | — | — | $36.5M | $25.0M | 3.1% | |
| RREEF America REIT II | — | — | $27.7M | $24.0M | 2.9% | |
| GCM Grosvenor Multi-Asset Class Fund II, LP | — | — | $40.6M | $23.5M | 2.9% | |
| MCG Altscape Fund LP | — | — | $12.6M | $20.8M | 2.5% | |
| INDURE Build to Core Fund LLC | — | — | $33.8M | $20.0M | 2.4% | |
| ARA Core Realty Fund LP | — | — | $18.8M | $19.5M | 2.4% | |
| Limited Partnerships American Strategic Value Realty Fund, LP | — | — | $14.9M | $12.5M | 1.5% | |
| White Oak Yield Spectrum Peer Fund, LP | — | — | $12.3M | $11.8M | 1.4% | |
| McMorgan Northern California Value Add/Development Fund II LP | — | — | $2.8M | $10.0M | 1.2% | |
| NB Private Debt Fund III LP | — | — | $10.8M | $8.8M | 1.1% | |
| GCM Grosvenor Secondary Opportunities Feeder Fund II LP | — | — | $8.2M | $6.0M | 0.7% | |
| Mesirow Financial Real Estate Value Fund V, L.P. | — | — | $5.2M | $5.4M | 0.7% | |
| United States Treasury Note 03/31/29 2.375% | — | — | $4.8M | $4.8M | 0.6% | |
| Government Debt $ United States Treasury Note 05/15/31 1.625% | — | — | $3.3M | $3.3M | 0.4% | |
| United States Treasury Note 03/31/30 3.625% | — | — | $3.2M | $3.2M | 0.4% | |
| United States Treasury Note 06/30/28 1.250% | — | — | $2.3M | $2.3M | 0.3% | |
| United States Treasury Note 08/15/32 2.750% | — | — | $2.2M | $2.2M | 0.3% | |
| United States Treasury Note 05/31/27 0.500% | — | — | $2.0M | $2.0M | 0.2% | |
| United States Treasury Note 05/15/26 3.625% | — | — | $1.9M | $1.9M | 0.2% | |
| United States Treasury Note 10/31/26 1.125% | — | — | $1.9M | $1.9M | 0.2% | |
| United States Treasury Note 11/15/33 4.500% | — | — | $1.2M | $1.2M | 0.2% | |
| United States Treasury Note 02/15/26 1.625% | — | — | $797K | $794K | <0.1% | |
| Verizon Ma Tr 08/20/30 4.170% | — | — | $371K | $371K | <0.1% | |
| JPMorgan Chase Co 04/22/26 2.083% | — | — | $367K | $366K | <0.1% | |
| Deutsche Bk Ag 11/24/26 2.129% | — | — | $361K | $359K | <0.1% | |
| Pnc Finl Svcs Group 06/12/29 5.582% | — | — | $356K | $357K | <0.1% | |
| Boeing Co 02/04/26 2.196% | — | — | $359K | $357K | <0.1% | |
| Warnermedia Hldgs 03/15/26 6.412% | — | — | $350K | $351K | <0.1% | |
| Duke Energy Corp 09/01/26 2.650% | — | — | $339K | $338K | <0.1% | |
| Morgan Stanley 07/22/28 3.591% | — | — | $313K | $314K | <0.1% | |
| Goldman Sachs Group 02/12/26 0.855% | — | — | $303K | $302K | <0.1% | |
| Wells Fargo Co Mtn 04/30/26 2.188% | — | — | $302K | $301K | <0.1% | |
| US Bancorp 02/01/34 4.839% | — | — | $273K | $275K | <0.1% | |
| Regions Financial 08/12/28 1.800% | — | — | $254K | $254K | <0.1% | |
| A T Intl Fin Plc 02/02/29 5.931% | — | — | $252K | $253K | <0.1% | |
| Diamondback Energy 04/18/34 5.400% | — | — | $202K | $204K | <0.1% | |
| Magna Intl Inc Sr Nt 06/15/30 2.450% | — | — | $198K | $197K | <0.1% | |
| Ford Motor Credit 11/07/33 7.122% | — | — | $193K | $196K | <0.1% | |
| Kyndryl Hldgs Inc 02/20/34 6.350% | — | — | $192K | $193K | <0.1% | |
| Capital One Finl 06/08/29 6.312% | — | — | $191K | $192K | <0.1% | |
| DC Coml Mtg Tr 09/12/40 6.314% | — | — | $190K | $190K | <0.1% | |
| Boston Pptys Ltd L P 06/21/29 3.400% | — | — | $188K | $188K | <0.1% | |
| Huntington 02/02/35 5.709% | — | — | $185K | $187K | <0.1% | |
| Plains All Amern L P 09/15/34 5.700% | — | — | $185K | $186K | <0.1% | |
| Equinix Europe 06/15/34 5.500% | — | — | $186K | $186K | <0.1% | |
| Philip Morris Intl 02/13/31 5.125% | — | — | $185K | $186K | <0.1% | |
| General Motors Finl 10/15/28 2.400% | — | — | $186K | $186K | <0.1% | |
| Wells Fargo Co Mtn 04/24/34 5.389% | — | — | $183K | $185K | <0.1% | |
| Tapestry Inc 03/11/30 5.100% | — | — | $183K | $185K | <0.1% | |
| Bank America Mtn 04/28/34 5.288% | — | — | $183K | $185K | <0.1% | |
| Pfizer Invt 05/19/26 4.450% | — | — | $185K | $185K | <0.1% | |
| Southwestern Energy 02/01/29 5.375% | — | — | $182K | $183K | <0.1% | |
| T Mobile USA Inc 07/15/33 5.050% | — | — | $181K | $183K | <0.1% | |
| Hsbc Holdings Plc 06/04/26 2.099% | — | — | $183K | $182K | <0.1% | |
| Marriott 04/15/28 4.000% | — | — | $175K | $176K | <0.1% | |
| Energy Transfer L P 05/15/30 3.750% | — | — | $173K | $173K | <0.1% | |
| Aercap Ireland L P 10/29/28 3.000% | — | — | $171K | $172K | <0.1% | |
| Morgan Stanley 10/18/33 6.342% | — | — | $169K | $171K | <0.1% | |
| Citigroup Inc 11/17/33 6.270% | — | — | $168K | $170K | <0.1% | |
| Enbridge Inc 11/15/30 6.200% | — | — | $168K | $169K | <0.1% | |
| Barclays Plc 09/13/29 6.490% | — | — | $166K | $167K | <0.1% | |
| Quanta Svcs Inc 10/01/30 2.900% | — | — | $165K | $166K | <0.1% | |
| Southwest Airlines 06/15/27 5.125% | — | — | $166K | $166K | <0.1% | |
| First Citizens 03/15/30 3.375% | — | — | $164K | $164K | <0.1% | |
| Citigroup Inc 01/10/28 3.887% | — | — | $162K | $162K | <0.1% | |
| Prologis L P 06/15/28 4.875% | — | — | $160K | $161K | <0.1% | |
| Fiserv Inc 10/01/28 4.200% | — | — | $160K | $161K | <0.1% | |
| Entergy Texas Inc 03/30/29 4.000% | — | — | $160K | $160K | <0.1% | |
| Cvs Health Corp 02/21/33 5.250% | — | — | $153K | $156K | <0.1% | |
| Wells Farg Cml Mtg 11/19/57 5.920% | — | — | $139K | $140K | <0.1% | |
| McDonalds Corp Mtn 08/14/28 4.800% | — | — | $120K | $120K | <0.1% | |
| Extended Stay 07/15/38 5.804% | — | — | $119K | $119K | <0.1% | |
| R Horton Inc Sr 10/15/34 5.000% | — | — | $116K | $116K | <0.1% | |
| R Horton Inc Sr 10/15/27 1.400% | — | — | $110K | $110K | <0.1% | |
| Benchmark Mtg 01/12/57 5.805% | — | — | $102K | $103K | <0.1% | |
| General Mtrs Finl 06/10/31 2.700% | — | — | $102K | $102K | <0.1% | |
| Hcp Inc 07/15/26 3.250% | — | — | $98K | $98K | <0.1% | |
| Occidental Pete Corp 01/01/32 5.375% | — | — | $78K | $79K | <0.1% | |
| Slg Office Trust 07/15/41 2.585% | — | — | $77K | $78K | <0.1% | |
| Hyatt Hotels Corp 01/30/27 5.750% | — | — | $61K | $61K | <0.1% | |
| Santanr Drv Auto 07/17/28 6.560% | — | — | $51K | $50K | <0.1% |