Original filing (PDF)20251015230353NAL0003070435001

BOARD OF TRUSTEES NORTHERN CALI. PIPE TRADES PENSION TRUST

Name: BOARD OF TRUSTEES NORTHERN CALI. PIPE TRADES PENSION TRUST — NORTHERN CALIFORNIA PIPE TRADES PENSION PLAN, Form 5500 (2024)
Creator: BOARD OF TRUSTEES NORTHERN CALI. PIPE TRADES PENSION TRUST

Form 5500

FILING_RECEIVED

NORTHERN CALIFORNIA PIPE TRADES PENSION PLAN

Defined-benefit pension plan

Signals · 4

40% in single holding16% employer stockNo recordkeeper disclosed24 service providers

Active participants

2,266

Accounts w/ balance

—

Plan assets (EOY)

$1.1B

Net assets (EOY)

$1.1B

How this plan invests

This plan

6 pooled trusts

Schedule D

11 securities

funds · stocks · CUSIPs

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

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Top holding "s See attached" is 40% of plan.
16% of plan in employer / sponsor stock.
40 bps in Schedule C fees — 710% 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 BOARD OF TRUSTEES NORTHERN CALI. PIPE TRADES PENSION TRUST.

Plan sponsor

Name

BOARD OF TRUSTEES NORTHERN CALI. PIPE TRADES PENSION TRUST

EIN

94-3190386

Address

935 DETROIT AVENUE, SUITE 242A · CONCORD, CA · 945182501

Phone

(925) 356-8921

Industry

Plumbing, Heating, AC 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

2025-10-16

Pension benefit codes

1B · Flat-dollar DB formula

Audit & trust (Schedule H)

Auditor

WITHUMSMITH+BROWN , PC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

24 rows

Trustee

Name	EIN	Location	Relation	Direct comp	Indirect comp
U.A. LOCAL 342 JOINT MGMT COOP COM	68-0315768	—	COMMON BOARD OF TRUSTEES	$1.1M	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE UNION LABOR LIFE INSURANCE COMP	13-1423090	—	NONE	$834K	—
JPMORGAN INVESTMENT MANAGEMENT, INC	13-3200244	—	NONE	$609K	—
SANDS CAPITAL MANAGEMENT, LLC	20-2830751	—	NONE	$385K	—
METROPOLITAN WEST ASSET MANAGEMENT	95-3703295	—	NONE	$322K	—
DODGE & COX	94-1441976	—	NONE	$311K	—
EAGLE ASSET MANAGEMENT	59-2385219	—	NONE	$216K	—
VERUS ADVISORY, INC.	91-1320111	—	NONE	$200K	—
WASHINGTON CAPITAL MANAGEMENT, INC.	91-1042342	—	NONE	$149K	—
NORTHWEST PLAN SERVICES	91-2090931	—	NONE	$131K	—
VOYA INVESTMENT TRUST COMPANY	06-1440627	—	NONE	$89K	—
ARISTOTLE PACIFIC CAPITAL, LLC	32-0710746	—	NONE	$82K	—
COMERICA BANK	94-3190386	—	NONE	$71K	—
NEYHART, ANDERSON, FLYNN & GROSBOLL	94-2576729	—	NONE	$39K	—
WITHUMSMITH+BROWN, PC	22-2027092	—	NONE	$38K	—
SUBURBAN PRESS	94-2968526	—	NONE	$34K	—
PRINT2ASSIST, INC.	71-0944528	—	NONE	$21K	—
FREMONT BANK	94-1569025	—	NONE	$20K	—
LIFESTATUS360, LLC	94-3389460	—	NONE	$14K	—
BRIDGEWAY BENEFIT TECHNOLOGIES	52-1796473	—	NONE	$7K	—
MILLER KAPLAN ARASE, LLP	95-2036255	—	NONE	$7K	—
BNY MELLON	25-6078093	—	NONE	$4K	—
THE VANGUARD GROUP, INC.	23-1945930	—	NONE	$706	—
STEPHEN HORN INSURANCE SERVICES	94-3249244	—	NONE	$0	—

Investments

11 direct securities · 6 pooled funds· $1.4B(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.

Mutual Funds

$453.2M

1 holding

Uncategorized

$311.3M

6 holdings

Common Stocks

$176.3M

1 holding

Common Collective Trusts

$168.1M

1 holding

Common Collective Trust

$168.1M

3 holdings

103-12 Investment Entity

$85.9M

2 holdings

Pooled Separate Accounts

$24.2M

1 holding

Pooled Separate Account

$24.2M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
See attached	Mutual Funds	—	$415.7M	$453.2M	39.5%
See attached	Common Stocks	—	$138.2M	$176.3M	15.4%
See attached	Common Collective Trusts	—	$113.1M	$168.1M	14.6%
U.S. Government and Government Obligations See attached	—	—	$114.1M	$111.5M	9.7%
BNYM MELLON AFL-CIO SL STOCK INDX F THE BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 340	Common Collective Trust	—	—	$89.5M	7.8%
Limited Partnerships See attached	—	—	$65.5M	$79.5M	6.9%
COMMINGLED PENSION TRUST FUND JP MORGAN CHASE BANK, NA · EIN 13-6038770 / PN 001	Common Collective Trust	—	—	$78.6M	6.9%
103-12 Entities Pacific Asset Management Bank Loan GP LLC 103-12 Entity	—	—	$54.0M	$57.2M	5.0%
PACIFIC ASSET MANAGEMENT BANK LOAN PAM BANK LOAN GP LLC · EIN 46-5076716 / PN 001	103-12 Investment Entity	—	—	$55.8M	4.9%
WASHINGTON JOINT MASTER TRUST WASHINGTON CAPITAL MANAGEMENT, INC. · EIN 91-1163419 / PN 001	103-12 Investment Entity	—	—	$30.2M	2.6%
See attached	—	—	$23.6M	$28.7M	2.5%
Corporate Debt Instruments See attached	—	—	$26.0M	$25.4M	2.2%
See attached	Pooled Separate Accounts	—	$21.8M	$24.2M	2.1%
THE UNION LABOR LIFE INS CO. SEPARA THE UNION LABOR LIFE INSURANCE COMPANY · EIN 13-1423090 / PN 203	Pooled Separate Account	—	—	$24.2M	2.1%
Money Market Funds See attached	—	—	$8.9M	$8.9M	0.8%
Investment Trusts See attached	Real Estate	—	$2.9M	$3.0M	0.3%
VOYA SENIOR LOAN TRUST FUND VOYA INVESTMENT TRUST CO. · EIN 06-1440627 / PN 045	Common Collective Trust	—	—	$0	<0.1%