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Original filing (PDF)20251117202708NAL0001681745001
BOARD OF TRUSTEES, IBEW LOCAL 595 HEALTH & WELFARE
Form 5500
FILING_RECEIVED
IBEW LOCAL 595 HEALTH & WELFARE TRUST
Health & welfare plan
Signals · 3
~526 bps in Sched C feesNo recordkeeper disclosed15 service providers
Active participants
1,393
Accounts w/ balance
—
Plan assets (EOY)
$76.5M
Net assets (EOY)
$59.3M
How this plan invests
This plan
149 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
- 526 bps in Schedule C fees — 3187% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, IBEW LOCAL 595 HEALTH & WELFARE.
Plan sponsor
Name
BOARD OF TRUSTEES, IBEW LOCAL 595 HEALTH & WELFARE
DBA
TRUST
EIN
94-6085740
Address
7180 KOLL CENTER PKWY STE 200 · PLEASANTON, CA · 94566
Phone
(925) 208-9999
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-02-01
Tax period
2025-01-31
Filed
2025-11-17
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4Q · Other
Audit & trust (Schedule H)
Auditor
MILLER KAPLAN ARASE LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
15 rowsOther
15| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| OPTUMRX, INC | 33-0441200 | — | NONE | $2.1M | — |
| BENESYS, INC. | 38-2383171 | — | NONE | $1.1M | — |
| ELECTRICAL INDUSTRY SERVICE CORP. | 94-3053367 | — | RELATED ORGANIZATION | $167K | — |
| BAYSPORT INC | — | LOS GATOS, CA | NONE | $157K | — |
| WEDGE CAPITAL MANAGEMENT | 56-1557450 | — | NONE | $106K | — |
| RAEL & LETSON | 94-1701048 | — | NONE | $86K | — |
| CHARTWELL INVESTMENT PARTNERS, LLC | 36-4776242 | — | NONE | $63K | — |
| LIFEWORKS | 52-1883918 | — | NONE | $57K | — |
| MILLER KAPLAN ARASE LLP | 95-2036255 | — | NONE | $53K | — |
| LEONARD CARDER, LLP | 94-2819269 | — | NONE | $43K | — |
| ANTHEM BLUE CROSS | 95-4331852 | — | NONE | $37K | — |
| SMARTSOURCE | 30-0830429 | — | NONE | $26K | — |
| SAN JOAQUIN & CALAVERAS CTY JATC | 94-6411032 | — | NONE | $22K | — |
| INVESTMENT PERFORMANCE SERVICES LLC | 58-2432390 | — | NONE | $15K | — |
| AMALGAMATED BANK | 13-4920330 | — | NONE | $10K | — |
Investments
149 direct securities· $52.7M(69% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Par Value INTEREST BEARING CASH $ 5,126,846 COMERICA MONEY MARKET 1.00% | — | — | $5.1M | $5.1M | 6.7% | |
| U.S. TREASURY NOTE 2.25% 02/15/2027 | — | — | $2.1M | $2.0M | 2.7% | |
| FANNIE MAE 2019-M11 2.65% 06/25/2029 | — | — | $1.7M | $1.7M | 2.2% | |
| FHLMC REMIC SERIES 2.77% 05/25/2025 | — | — | $1.6M | $1.6M | 2.1% | |
| U.S. TREASURY NOTE 1.25% 03/31/2028 | — | — | $1.5M | $1.4M | 1.9% | |
| U.S. TREASURY NOTES 2.25% 08/15/2027 | — | — | $1.5M | $1.4M | 1.8% | |
| U.S. TREASURY NOTES 1.625% 11/30/2026 | — | — | $1.4M | $1.4M | 1.8% | |
| FNMA REMIC TRUST 0.96% 01/25/2031 | — | — | $1.3M | $1.3M | 1.7% | |
| FNMA POOL #FS8559 5.5% 11/01/2052 | — | — | $1.2M | $1.2M | 1.6% | |
| U.S. TREASURY NOTE 2.375% 03/31/2029 | — | — | $1.2M | $1.2M | 1.6% | |
| TEXAS NAT GAS 5.102% 04/01/2035 | — | — | $820K | $821K | 1.1% | |
| JPMORGAN CHASE & CO VAR 01/29/2027 | — | — | $651K | $700K | 0.9% | |
| VIRGINIA PWR FUEL 4.877% 05/01/2033 | — | — | $665K | $684K | 0.9% | |
| FNMA REMIC TRUST VAR 07/25/2028 | — | — | $671K | $664K | 0.9% | |
| FNMA UMBS POOL #MA4389 1.5% 07/01/2031 | — | — | $661K | $660K | 0.9% | |
| FANNIE MAE REMIC TRUST 2.937% 06/25/2029 | — | — | $627K | $630K | 0.8% | |
| FNMA POOL #FS7952 6.00% 02/01/2049 | — | — | $618K | $616K | 0.8% | |
| GNMA PL #AU4920 3.020% 09/15/2041 | — | — | $505K | $596K | 0.8% | |
| FHLMC POOL # SA-0088 1.5% 01/01/2032 | — | — | $574K | $587K | 0.8% | |
| U.S. TREASURY NOTES 1.375% 08/31/2026 | — | — | $584K | $582K | 0.8% | |
| VERIZON COMMUNICATIONS 4.125% 03/16/2027 | — | — | $574K | $578K | 0.8% | |
| JOHN DEERE CAPITAL 4.75% 06/08/2026 | — | — | $578K | $574K | 0.8% | |
| FNMA SUPER POOOL #FS9260 2.5% 08/01/2035 | — | — | $548K | $548K | 0.7% | |
| GNMA PL #AI8404 3.310% 05/15/2030 | — | — | $505K | $539K | 0.7% | |
| STATE STR CORP SR NT VAR 11/21/2029 | — | — | $551K | $536K | 0.7% | |
| FNMA POOL #BS9744 5.27% 10/01/2028 | — | — | $515K | $521K | 0.7% | |
| TOYOTA MTR CR CORP FR 5.05% 05/16/2029 | — | — | $495K | $489K | 0.6% | |
| TRUIST FINL CORP FR VAR 07/28/2026 | — | — | $489K | $488K | 0.6% | |
| FHLMC POOL #SB-0308 2.5% 01/01/2035 | — | — | $449K | $472K | 0.6% | |
| FHLMC MULTIFAMILY CMO 3.284% 06/25/2025F | — | — | $450K | $466K | 0.6% | |
| GNMA PL #AC1428 2.690% 06/15/2033 | — | — | $420K | $448K | 0.6% | |
| FHLMC REMIC SERIES 3.902% 07/25/2029 | — | — | $423K | $432K | 0.6% | |
| FHLMC REMIC SERIES 2.995% 12/25/2025 | — | — | $434K | $432K | 0.6% | |
| FNMA POOL #BM7277 VAR 08/01/2051 | — | — | $425K | $414K | 0.5% | |
| FNMA POOL #FM3228 3.5% 09/01/2047 | — | — | $374K | $413K | 0.5% | |
| NEW YORK ST URBAN DEV 1.31% 03/15/2026 | — | — | $430K | $407K | 0.5% | |
| NEW YORK ST DORM AUTH 2.738% 03/15/2026 | — | — | $398K | $404K | 0.5% | |
| FHLMC REMIC SERIES VAR 03/25/2029 | — | — | $410K | $395K | 0.5% | |
| HUNTSVILLE ALA WTR SYS 1.337% 11/01/2028 | — | — | $420K | $389K | 0.5% | |
| GNMA POOL #BB5549X 3.59% 12/15/2034 | — | — | $343K | $375K | 0.5% | |
| FNMA REMIC TRUST VAR 10/25/2027 | — | — | $347K | $362K | 0.5% | |
| FNMA POOL #BZ1048 5.13% 06/01/2029 | — | — | $346K | $348K | 0.5% | |
| FNMA POOL #AL2893 3.5% 12/01/2042 | — | — | $311K | $342K | 0.4% | |
| GNMA POOL #786470X 5.00% 11/15/2040 | — | — | $319K | $327K | 0.4% | |
| WASTE MGMT INC DEL SR 0.75% 11/15/2025 | — | — | $335K | $318K | 0.4% | |
| FNMA POOL #FS1116 5.00% 12/01/2047 | — | — | $292K | $317K | 0.4% | |
| JPMORGAN CHASE & CO FLTG 04/23/2029 | — | — | $288K | $316K | 0.4% | |
| STARWOOD PPTY TR INC 3.625% 07/15/2026 | — | — | $306K | $311K | 0.4% | |
| U.S. TREASURY NTS 1.375% 11/15/2031 | — | — | $308K | $305K | 0.4% | |
| WESTERN DIGITAL CORP 4.75% 02/15/2026 | — | — | $278K | $302K | 0.4% | |
| JAZZ SECURITIES 4.375% 01/15/2029 | — | — | $305K | $297K | 0.4% | |
| NEW YORK ST URBAN DEV 1.00% 03/15/2026 | — | — | $313K | $295K | 0.4% | |
| SIRIUS XM RADIO INC 3.125% 09/01/2026 | — | — | $285K | $294K | 0.4% | |
| SBA COMMUNICATIONS 3.875% 02/15/2027 | — | — | $281K | $292K | 0.4% | |
| NEW YORK ST 1.538% 03/15/2027 | — | — | $311K | $292K | 0.4% | |
| GNMA POOL #787712X 5.5% 11/15/2045 | — | — | $288K | $290K | 0.4% | |
| INTERNATIONAL GAME TECH 6.25% 01/15/2027 | — | — | $289K | $289K | 0.4% | |
| KINETIK HLDGS LP SR 6.625% 12/15/2028 | — | — | $291K | $287K | 0.4% | |
| FNMA REMIC TRUST 2.00% 02/25/2033 | — | — | $279K | $282K | 0.4% | |
| XPO INC SR SEC 6.25% 06/01/2028 | — | — | $284K | $281K | 0.4% | |
| FNMA POOL #FM3066 4.5% 11/01/2038 | — | — | $254K | $277K | 0.4% | |
| PRIME SEC SVCS 5.75% 04/15/2026 | — | — | $281K | $275K | 0.4% | |
| VISTRA OPERATIONS CO 5.5% 09/01/2026 | — | — | $280K | $273K | 0.4% | |
| FHLMC POOL #SI-2036 5.00% 12/01/2047 | — | — | $264K | $269K | 0.4% | |
| FNMA POOL #AL3495 3.2% 04/01/2028 | — | — | $238K | $266K | 0.3% | |
| U.S. TREASURY NTS 0.625% 08/15/30 | — | — | $266K | $265K | 0.3% | |
| TEGNA INC 4.75% 03/15/26 | — | — | $253K | $264K | 0.3% | |
| FHLMC GLD PL #WA2801 3.49% 10/01/2033 | — | — | $243K | $264K | 0.3% | |
| OREGON ED DISTS FULL 0.874% 06/30/2025 | — | — | $266K | $262K | 0.3% | |
| FNMA POOL #FS7981 2.5% 04/01/2036 | — | — | $260K | $260K | 0.3% | |
| VERIZON COMMUNICATIONS 4.329% 9/21/2028 | — | — | $227K | $259K | 0.3% | |
| FNMA POOL #FM3244 5.00% 07/01/2045 | — | — | $228K | $257K | 0.3% | |
| FNMA REMIC TRUST VAR 04/25/2032 | — | — | $275K | $257K | 0.3% | |
| FHLMC POOL #ZA5113 4.00% 12/01/2047 | — | — | $217K | $245K | 0.3% | |
| GNMA I POOL #BX7719X 1.97% 09/15/2041 | — | — | $209K | $242K | 0.3% | |
| SUNOCO LP-FINANCE CORP 5.875% 03/15/28 | — | — | $235K | $233K | 0.3% | |
| TRAVEL PLUS LEISURE CO VAR 10/01/2025 | — | — | $216K | $231K | 0.3% | |
| NEW YORK ST URBAN DEV 3.25% 03/15/2025 | — | — | $235K | $228K | 0.3% | |
| FNMA POOL #FS1485 3.00% 11/01/2046 | — | — | $201K | $219K | 0.3% | |
| PHINIA INC SR SEC 6.75% 04/15/2029 | — | — | $216K | $213K | 0.3% | |
| FNMA POOL #FS9640 5.5% 11/01/2052 | — | — | $209K | $212K | 0.3% | |
| RFCSP STRIP PRINCIPAL ZERO CPN 04/15/2030 | — | — | $201K | $206K | 0.3% | |
| FHLMC REMIC SERIES VAR 01/25/2029 | — | — | $195K | $197K | 0.3% | |
| FNMA POOL #FS9946 6.00% 02/01/2049 | — | — | $189K | $191K | 0.3% | |
| OKLAHOMA DEV FIN AUTH 4.38% 11/01/2045 | — | — | $183K | $190K | 0.2% | |
| MACQUARIE AIRFINANCE 8.375% 05/01/2028 | — | — | $189K | $185K | 0.2% | |
| FNMA POOL #FM8873 3.5% 07/01/2034 | — | — | $165K | $180K | 0.2% | |
| FHLMC POOL #SD-4154 3.5% 08/01/2045 | — | — | $179K | $179K | 0.2% | |
| SLM CORP 4.2% 10/29/25 | — | — | $170K | $178K | 0.2% | |
| TRANSDIGM INC SR SEC 6.75% 08/15/2028 | — | — | $173K | $172K | 0.2% | |
| ICHAN ENTERPRISES FIN 525% 05/15/2027 | — | — | $179K | $172K | 0.2% | |
| PARK INTERMED HOLDINGS 5.875% 10/01/28 | — | — | $168K | $167K | 0.2% | |
| TEVA PHARMACEUTICALS NE 3.15% 10/01/2026 | — | — | $179K | $166K | 0.2% | |
| FNMA POOL #BM4567 VAR 07/01/2044 | — | — | $165K | $163K | 0.2% | |
| WASTE MGMT INC DEL SR 1.15% 03/15/2028 | — | — | $153K | $162K | 0.2% | |
| US TREASURY NOTE 3.875% 08/15/2033 | — | — | $158K | $161K | 0.2% | |
| TENET HEALTHCARE CORP 4.25% 06/01/2029 | — | — | $161K | $157K | 0.2% | |
| WESCO DISTR INC SR 6.375% 03/15/2029 | — | — | $158K | $156K | 0.2% | |
| FHLMC POOL #WA-1625 3.4499999% 08/01/32 | — | — | $146K | $147K | 0.2% | |
| TRUIST BANK 2.25% 03/11/2030 | — | — | $143K | $139K | 0.2% | |
| FHLMC REMIC SERIES VAR 11/25/2032 | — | — | $141K | $138K | 0.2% | |
| TALLGRASS ENERGY 7.375% 02/15/2029 | — | — | $132K | $130K | 0.2% | |
| SS&C TECHNOLOGIES INC 5.5% 09/30/2027 | — | — | $130K | $130K | 0.2% | |
| TRANSDIGM INC SR SEC 6.375% 03/01/2029 | — | — | $126K | $125K | 0.2% | |
| TENET HEALTHCARE CORP 5.125% 11/01/2027 | — | — | $124K | $123K | 0.2% | |
| MASSACHUSETTS ST SCH 1.753% 08/15/2030 | — | — | $128K | $122K | 0.2% | |
| PARK INTER HLDGS LLC 4.875% 05/15/2029 | — | — | $124K | $122K | 0.2% | |
| ONEMAIN FINANCIAL 3.5% 01/15/2027 | — | — | $120K | $117K | 0.2% | |
| METRO WSTWTR RECLAMATION 2.413% 04/01/28 | — | — | $104K | $116K | 0.2% | |
| JOHN DEERE CAPITAL 4.4% 09/08/2031 | — | — | $112K | $115K | 0.2% | |
| GNMA PL #BB2949 3.63% 9/15/2037 | — | — | $98K | $114K | 0.1% | |
| HOME DEPOT INC SR 4.85% 06/25/2031 | — | — | $115K | $114K | 0.1% | |
| SLM CORP SR GLBL 3.125% 11/02/2026 | — | — | $115K | $108K | 0.1% | |
| TALLGRASS ENERGY 5.5% 01/15/2028 | — | — | $108K | $105K | 0.1% | |
| ST JOHNS CNTY FL 5% 08/15/47 | — | — | $91K | $105K | 0.1% | |
| REPUBLIC SVCS 2.375% 03/15/2033 | — | — | $102K | $101K | 0.1% | |
| FNMA REMIC TRUST 2.5% 09/25/2045 | — | — | $88K | $98K | 0.1% | |
| FNMA POOL #BM4870 3.5% 03/01/2033 | — | — | $85K | $93K | 0.1% | |
| ONEMAIN FINANCIAL 3.875% 09/15/2028 | — | — | $93K | $92K | 0.1% | |
| Government Debt Securities $ CHICAGO ILL SALES TAX 0.00% 01/01/2032 | — | — | $80K | $87K | 0.1% | |
| TEVA PHARMACEUTICAL 4.75% 05/09/2027 | — | — | $89K | $87K | 0.1% | |
| MARSH & MCLENNAN COS 5.15% 03/15/2034 | — | — | $84K | $85K | 0.1% | |
| MIDAMERICAN ENERGY CO 3.65% 4/15/2029 | — | — | $72K | $82K | 0.1% | |
| FHLMC MULTIFAM STRU CMO 2.896% 04/25/26 | — | — | $81K | $81K | 0.1% | |
| NORFOLK VA TAXABLE GO 1.704% 10/01/2030 | — | — | $77K | $74K | <0.1% | |
| SPRINGLEAF FINANCE CORP 7.125% 03/15/26 | — | — | $71K | $71K | <0.1% | |
| WYNDHAM WORLDWIDE 6.625% 7/31/2026 | — | — | $71K | $70K | <0.1% | |
| TEXAS CHILDRENS HOSPITAL 3.368% 10/01/29 | — | — | $68K | $70K | <0.1% | |
| ICHAN ENTERPRISES- FIN 6.25% 05/15/26 | — | — | $72K | $70K | <0.1% | |
| FHLMC G0LD P00L #WN0007 3.42% 10/01/2033 | — | — | $56K | $69K | <0.1% | |
| TOYOTA MTR CR CORP FR 0.8% 10/16/2025 | — | — | $63K | $64K | <0.1% | |
| TALLGRASS NRG PRTNR -FIN 6% 03/01/2027 | — | — | $60K | $59K | <0.1% | |
| HILTON WORLDWIDE FIN LLC 4.875% 04/01/2 | — | — | $60K | $58K | <0.1% | |
| HOME DEPOT INC 2.95% 6/15/2029 | — | — | $56K | $53K | <0.1% | |
| CHICAGO ILL SALES TAX 0.00% 01/01/2033 | — | — | $46K | $52K | <0.1% | |
| SUNOCO LP -FINANCE CORP 6% 04/15/2027 | — | — | $45K | $44K | <0.1% | |
| FHLMC REMIC SERIES 0.681% 06/25/2026 | — | — | $41K | $39K | <0.1% | |
| FNMA PL #FM2993 3.5% 07/01/44 | — | — | $30K | $36K | <0.1% | |
| MACQUARIE AIRFINANCE 6.4% 03/26/2029 | — | — | $36K | $36K | <0.1% | |
| TEGNA INC 4.625% 03/15/28 | — | — | $29K | $28K | <0.1% | |
| SLM CORP SR 6.5% 01/31/2030 | — | — | $25K | $25K | <0.1% | |
| U.S. TREASURY NOTE 2.25% 11/15/2025 | — | — | $25K | $24K | <0.1% | |
| FHLMC REMIC SERIES 3.465% 02/25/2031 | — | — | $23K | $23K | <0.1% | |
| GNMA PL #AC3667 1.660% 08/15/2026 | — | — | $22K | $23K | <0.1% | |
| FHLMC REMIC SERIES 1.47% 09/25/2027 | — | — | $23K | $23K | <0.1% | |
| FHLMC POOL #ZS-9446 3.5% 08/01/2045 | — | — | $19K | $20K | <0.1% | |
| TEVA PHARMACEUTICAL 6.75% 03/01/2028 | — | — | $15K | $15K | <0.1% | |
| OREGON ST CMNTY CLG DISTS 5.68% 06/30/26 | — | — | $10K | $12K | <0.1% | |
| FNMA POOL #AN9316 3.46% 05/01/2028 | — | — | $5K | $5K | <0.1% |