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Original filing (PDF)20251013125504NAL0002003120001

BOARD OF TRUSTEES, PENSION TRUST FUND FOR OPERATING

Form 5500
FILING_RECEIVED
PENSION TRUST FUND FOR OPERATING ENGINEERS
Defined-benefit pension plan
Signals · 2
No recordkeeper disclosed19 service providers
Active participants
20,793
Accounts w/ balance
0
Plan assets (EOY)
$5.4B
Net assets (EOY)
$5.4B
How this plan invests
This plan
6 pooled trusts
Schedule D
5,122 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
  • 28 bps in Schedule C fees — 453% 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, PENSION TRUST FUND FOR OPERATING.
Plan sponsor
Name
BOARD OF TRUSTEES, PENSION TRUST FUND FOR OPERATING
DBA
ENGINEERS
EIN
94-6090764
Address
1141 HARBOR BAY PKWY STE 100 · ALAMEDA, CA · 94502
Phone
(510) 671-8800
Industry
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
2025-10-13
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)

19 rows
Other
19
NameEINLocationRelationDirect compIndirect comp
ZENITH AMERICAN SOLUTIONSALAMEDA, CANONE$4.5M
WASHINGTON CAPITAL MANAGEMENT INC.91-1042342NONE$2.2M
MULTI-PLAN SERVICES AGENCY, INC81-3751949NONE$1.9M
SIERRA INVESTMENT PARTNERS, INC.68-0370668NONE$1.0M
J.P. MORGAN INVESTMENT MANAGEMENT13-3200244NONE$891K
SALTZMAN & JOHNSON95-2376174NONE$871K
INVESTMENT PERFORMANCE SERVICES58-2432390NONE$607K
AMALGAMATED BANK OF CHICAGO36-0721895NONE$540K
ASB CAPITAL MGMT80-0618452NONE$537K
CHARTWELL INVESTMENT PARTNERS36-4776242NONE$449K
HORIZON ACTUARIAL SERVICES LLC26-1370698NONE$382K
MCMORGAN & COMPANY LLC52-2334338NONE$321K
INCOME RESEARCH AND MGMT04-2955404NONE$294K
PNC BANK22-1146430NONE$143K
MILLER KAPLAN ARASE LLP95-2036255NONE$120K
ENGINEERS PUBLISHINGSACRAMENTO, CANONE$50K
MAILRITE PRINT & MAIL, INCSACRAMENTO, CANONE$35K
AMALGAMATED BANK13-4920330NONE$11K
STEPHEN HORN INSURANCE SVCS94-3249244NONE$0

Investments

5,021 direct securities · 6 pooled funds· $4.5B(83% 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
$3.8B
5018 holdings
Common Collective Trust
$308.5M
4 holdings
103-12 Investment Entity
$233.5M
2 holdings
Real Estate
$84.8M
1 holding
Common Collective Trusts
$35.9M
1 holding
Corporate Bonds
$296K
1 holding
PIInvestmentTypeShares / unitsCostCurrent value% of plan
WASHINGTON CAP MGMT REAL ESTATE EQ
WASHINGTON CAPITAL MANAGEMENT INC. · EIN 91-1163419 / PN 001
103-12 Investment Entity
$200.1M3.7%
FIRST EAGLE INTERNATIONAL VALUE FUND LP$292.1M$195.6M3.6%
SIERRA FRANKLIN EAFE PLUS EQUITY TRUST$216.4M$189.0M3.5%
BOYD WATTERSON STATE GOVERNMENT FUND LP$172.4M$174.3M3.2%
U.S. REAL ESTATE INV FD$172.8M$170.6M3.2%
GOLDENTREE MULTI-SECTOR FUND
GOLDENTREE ASSET MANAGEMENT · EIN 98-1018819 / PN 002
Common Collective Trust
$166.3M3.1%
GOLDENTREE MULTI-SECTOR OFFSHORE ERISA LTD$166.3M$125.0M2.3%
COMMINGLED FUNDS 106,992 ENTRUST GLOBAL SPECIAL OPPORTUNITIES E FUND LTD$83.5M$107.0M2.0%
103-12 INVESTMENT FUNDS 2,167,391 WASHINGTON CAP MGMT REAL ESTATE EQTY FD$200.1M$88.9M1.6%
NEUBERGER BERMAN CROSSROADS FUND 23 PLAN LP$113.5M$86.0M1.6%
CORBIN ERISA OPPORTUNITY FUND LP - CLASS E$139.5M$85.0M1.6%
INVESTMENT FUNDS 75,972 MADISON CORE PROPERTY FUND LLC
Real Estate
$170.9M$84.8M1.6%
STRATEGIC PROPERTY FUND OF JPM
JP MORGAN CHASE BANK · EIN 13-6038770 / PN 001
Common Collective Trust
$78.0M1.4%
JPMCB STRATEGIC PROPERTY FD$78.0M$76.4M1.4%
E.I.N. 94-6090764; PLAN NO. 001 DECEMBER 31, 2024 No. of Shares LIMITED PARTNERSHIPS Fair Value Cost ARENA SHORT TERM DURATION HIGH YIELD FUND LP$78.8M$75.0M1.4%
No. of Shares HEDGE FUNDS 89,443 GROSVENOR GOLDEN STATE FUND LTD$166.0M$74.7M1.4%
ASB ALLEGIANCE REAL ESTATE FUND
CHEVY CHASE TRUST COMPANY · EIN 52-2037618 / PN 006
Common Collective Trust
$64.0M1.2%
BLACKSTONE INFRASTURCTURE PARTNER V FEEDER LP$72.8M$61.8M1.1%
CORBIN ERISA OPPORTUNITY FUND LP - CLASS P$70.2M$50.0M0.9%
GROSVENOR OPPORTUNISTIC CR FUND V LTD$72.0M$49.7M0.9%
PARTNERS GROUP REAL ESTATE 2019 OPCO LP$55.3M$48.7M0.9%
WASHINGTON CAPITAL STONEPEAK INFRASTRUCTURE FD IV$50.4M$42.2M0.8%
S 45,440 ASB ALLEGIANCE REAL ESTATE FUND
Common Collective Trusts
$64.0M$35.9M0.7%
WA CAP DIRECT LENDING UNLEVERED LLC
WASHINGTON CAPITAL MANAGEMENT INC. · EIN 88-3122898 / PN 001
103-12 Investment Entity
$33.4M0.6%
WASHINGTON CAP DIRECT LENDING UNLEVERED LLC$33.4M$31.3M0.6%
NEUBERGER BERMAN SECONDARY OPP OFFSHORE FD V LP$38.7M$28.4M0.5%
CASH EQUIVALENTS 28,348,599 FEDERATED HERMES GOVERNMENT OBLIGATION FUND$28.3M$28.3M0.5%
USA TREASURY NOTES 04.125% DUE 10/31/2029$27.5M$27.8M0.5%
HAMILTON LANE SECONDARY FEEDER FD VI-B LP$33.0M$26.3M0.5%
MICROSOFT CORP$79.5M$26.1M0.5%
MCMORGAN NOR CAL VALUE ADD DEV FD II LP$7.2M$23.6M0.4%
APPLE INC$90.9M$23.0M0.4%
LANDMARK EQUITY PARTNERS XVI LP$31.9M$22.7M0.4%
USA TREASURY NOTES 03.875% DUE 10/15/2027$21.4M$21.6M0.4%
GLOUSTON PRIVATE EQUITY OPPS VI FTE LP$45.5M$20.3M0.4%
AMAZON COM INC$52.2M$20.0M0.4%
HAMILTON LANE SECONDARY FEEDER FD IV-A LP$24.3M$17.0M0.3%
USA TREASURY NOTES 03.500% DUE 01/31/2028$16.0M$16.2M0.3%
META PLATFORMS INC$32.5M$15.4M0.3%
GLOUSTON PRIVATE EQUITY OPPS VII FTE LP$18.9M$15.0M0.3%
USA TREASURY NOTES 04.125% DUE 10/31/2031$14.2M$14.5M0.3%
USA TREASURY NOTES 04.250% DUE 11/15/2034$13.4M$13.5M0.3%
UNITEDHEALTH GROUP INC$12.1M$11.8M0.2%
BERKSHIRE HATHAWAY INC CLASS B$23.1M$11.0M0.2%
ALPHABET INC/CA-CL A$28.2M$10.7M0.2%
USA TREASURY NOTES 04.625% DUE 04/30/2029$10.5M$10.6M0.2%
ASB MERIDIAN REAL ESTATE FUND II LP$2.0M$9.9M0.2%
EXXON MOBIL CORP$13.4M$9.8M0.2%
JOHNSON & JOHNSON$9.7M$9.7M0.2%
USA TREASURY NOTES 04.000% DUE 07/31/2029$8.9M$9.0M0.2%
NVIDIA CORP$79.7M$8.5M0.2%
ALPHABET INC/CA-CL C$23.4M$8.3M0.2%
MERCK & CO INC$6.4M$7.6M0.1%
USA TREASURY NOTES 04.000% DUE 01/31/2029$7.6M$7.6M0.1%
IRONSIDES OFFSHORT PRIVATE EQUITY FUND VII LP$8.1M$7.2M0.1%
TESLA INC$28.5M$6.7M0.1%
PROCTER & GAMBLE CO$8.6M$6.6M0.1%
JPMORGAN CHASE & CO$18.7M$6.3M0.1%
DISNEY WALT CO$5.7M$6.1M0.1%
BROADCOM INC$26.7M$5.8M0.1%
VERIZON COMMUNICATIONS INC$4.7M$5.7M0.1%
CHEVRON CORPORATION$7.0M$5.5M0.1%
HOME DEPOT INC$7.8M$5.4M<0.1%
ACCENTURE PLC CLASS A SEDOL B4BNMY3 ISIN IE00B4BNMY34$6.1M$5.3M<0.1%
CISCO SYSTEMS INC$6.6M$5.3M<0.1%
AT&T INC$4.5M$5.2M<0.1%
THERMO FISHER SCIENTIFIC INC$5.5M$5.2M<0.1%
VISA INC CLASS A SHARES$12.6M$5.2M<0.1%
ELI LILLY & CO$15.7M$5.1M<0.1%
INTEL CORP$2.4M$4.9M<0.1%
BLUE OCEAN ONSHORT FUND II LP$5.0M$4.9M<0.1%
ABBVIE INC$5.0M$4.8M<0.1%
PFIZER INC$4.2M$4.6M<0.1%
USA TREASURY NOTES 03.625% DUE 05/31/2028$4.5M$4.5M<0.1%
ORACLE CORP$6.6M$4.4M<0.1%
BANK OF AMERICA CORP$8.1M$4.2M<0.1%
NEW LINDE PLC SEDOL BNZHB81 ISIN IE000S9YS762$5.6M$4.2M<0.1%
ABBOTT LABORATORIES INC$5.4M$4.1M<0.1%
WALMART INC$10.9M$4.1M<0.1%
USA TREASURY NOTES 04.125% DUE 10/31/2026$4.1M$4.1M<0.1%
COMCAST CORPORATION CL A$4.0M$4.0M<0.1%
MCDONALD'S CORP$5.4M$3.9M<0.1%
MASTERCARD INC CL A$10.9M$3.9M<0.1%
PHILIP MORRIS INTERNAT-W/I$5.2M$3.9M<0.1%
SALESFORCE INC$6.6M$3.9M<0.1%
USA TREASURY NOTES 04.000% DUE 02/15/2034$3.8M$3.9M<0.1%
NETFLIX INC$9.7M$3.9M<0.1%
USA TREASURY NOTES 03.375% DUE 05/15/2033$3.7M$3.8M<0.1%
VICI PROPERTIES / NOTE SER 12/01/2022 04.250% 12/01/2026$3.6M$3.8M<0.1%
WELLS FARGO & COMPANY$6.5M$3.7M<0.1%
WESTERN DIGITAL CORP 11/15/2025 COGT 04.750% 02/15/2026$3.4M$3.7M<0.1%
SBA COMMUNICATIONS CORP 02/15/2023 03.875% 02/15/2027$3.5M$3.7M<0.1%
SIRIUS XM RADIO INC SER 09/01/2023 03.125% 09/01/2026$3.6M$3.7M<0.1%
ALBERTSONS COS/SAFEWAY SER 03.250% 03/15/2026$3.6M$3.7M<0.1%
CROWN AMER/CAP CORP VI 04.750% 02/01/2026$3.7M$3.6M<0.1%
JAZZ SECURITIES DAC BMB5FL3 US47216FA7 04.375% 01/15/2029$3.7M$3.6M<0.1%
TEXAS INSTRUMENTS INC$4.2M$3.6M<0.1%
INTERNATIONAL GAME TECH US460599AD57 06.250% 01/15/2027$3.6M$3.6M<0.1%
PEPSICO INC$4.2M$3.6M<0.1%
CCO HLDGS LLC/CAP CORP 04.500% 05/01/2032$3.7M$3.6M<0.1%
TEGNA INC SER 03/15/2023 04.750% 03/15/2026$3.4M$3.6M<0.1%
KINETIK HLDGS LP SER 12/15/2025 06.625% 12/15/2028$3.6M$3.5M<0.1%
PRIME SECSRVC BRW/FINANC SER SECR 05.750% 04/15/2026$3.6M$3.5M<0.1%
CHARTER COMM OPT LLC/CAP 04/23/2025 04.908% 07/23/2025$3.4M$3.5M<0.1%
XPO INC SER 06/01/2025 06.250% 06/01/2028$3.5M$3.5M<0.1%
FORTRESS TRANS & INFRAST SER 05.500% 05/01/2028$3.6M$3.4M<0.1%
BRISTOL MYERS SQUIBB CO$3.2M$3.4M<0.1%
LOWES COMPANIES INC$3.9M$3.4M<0.1%
BOYD GAMING CORP 12/01/2022 COGT 04.750% 12/01/2027$3.5M$3.4M<0.1%
VISTRA OPERATIONS CO LLC SER 09/01/2021 05.500% 09/01/2026$3.5M$3.4M<0.1%
CENTENE CORP SER WI 12/15/2022 04.250% 12/15/2027$3.5M$3.4M<0.1%
GROSVENOR OPPORTUNISTIC CR FD IV LTD$2.3M$3.3M<0.1%
CATERPILLAR INC$4.2M$3.3M<0.1%
INTERNATIONAL BUSINESS MACHS CORP$5.6M$3.3M<0.1%
UNITED PARCEL SERVICE CL B$2.6M$3.3M<0.1%
USA TREASURY NOTES 03.875% DUE 08/15/2033$3.2M$3.2M<0.1%
CLEARWAY ENERGY OP LLC SER 03/15/2023 04.750% 03/15/2028$3.2M$3.2M<0.1%
COSTCO WHOLESALE CORP$10.3M$3.2M<0.1%
S&P GLOBAL INC$4.3M$3.0M<0.1%
USA TREASURY NOTES 02.750% DUE 08/15/2032$2.8M$3.0M<0.1%
HAT HLDGS I LLC/HAT SER 03/15/2026 03.375% 06/15/2026$3.1M$3.0M<0.1%
WESTERN MIDSTREAM OPERAT 01/01/2025 03.100% 02/01/2025$2.9M$2.9M<0.1%
ENERGY TRANSFER LP SER G 05/15/2030 VAR% 12/31/2089$3.2M$2.9M<0.1%
BOEING CO$2.9M$2.9M<0.1%
USA TREASURY NOTES 04.375% DUE 11/30/2028$2.8M$2.9M<0.1%
COCA COLA CO$3.5M$2.9M<0.1%
PHINIA INC SER 04/15/2026 06.750% 04/15/2029$2.9M$2.9M<0.1%
CITIGROUP INC$3.7M$2.8M<0.1%
ESAB CORP SER 04/15/2026 06.250% 04/15/2029$2.7M$2.7M<0.1%
QUALCOMM$4.1M$2.6M<0.1%
AMERICAN AIRLINES/AADVAN 05.500% 04/20/2026$2.7M$2.6M<0.1%
DEERE & CO$3.0M$2.6M<0.1%
COCA COLA CO$2.9M$2.6M<0.1%
RTX CORPORATION$4.3M$2.5M<0.1%
SUNOCO LP/FINANCE CORP SER WI 05.875% 03/15/2028$2.5M$2.5M<0.1%
ONEMAIN FINANCE CORP 01/15/2024 COGT 03.500% 01/15/2027$2.6M$2.5M<0.1%
CVS HEALTH CORPORATION$1.6M$2.5M<0.1%
ADOBE INC$5.0M$2.5M<0.1%
HONEYWELL INTL INC$3.5M$2.5M<0.1%
SLM CORP 09/29/2025 04.200% 10/29/2025$2.3M$2.4M<0.1%
NEXTERA ENERGY INC$4.1M$2.4M<0.1%
GILEAD SCIENCES INC$3.2M$2.4M<0.1%
ICAHN ENTERPRISES/FIN 11/15/2026 COGT 05.250% 05/15/2027$2.5M$2.4M<0.1%
VENTURE GLOBAL LNG INC SER 11/01/2028 09.500% 02/01/2029$2.4M$2.4M<0.1%
HILTON DOMESTIC OPERATIN SER 05/01/2022 05.375% 05/01/2025$2.3M$2.4M<0.1%
CONOCOPHILLIPS$3.6M$2.4M<0.1%
ENERFLEX LTD 2KJKQ01 US29269RAA32 09.000% 10/15/2027$2.4M$2.4M<0.1%
AMGEN INC$2.8M$2.4M<0.1%
GE AEROSPACE$4.0M$2.3M<0.1%
MARSH & MCLENNAN COMPANIES INC$2.5M$2.3M<0.1%
AIR LEASE CORP SER C 12/15/2026 VAR% 12/31/2089$2.8M$2.3M<0.1%
MEDTRONIC PLC SEDOL BTN1Y11 ISIN IE00BTN1Y115$2.9M$2.3M<0.1%
GFL ENVIRONMENTAL INC US36168QAK04 03.750% 08/01/2025$2.2M$2.3M<0.1%
DANAHER CORP$4.1M$2.3M<0.1%
HERC HLDGS INC SER 06/15/2026 06.625% 06/15/2029$2.3M$2.3M<0.1%
AIR CANADA 2020-1C PTT 10.500% 07/15/2026$2.2M$2.3M<0.1%
STARWOOD PROPERTY TRUST SER 03.625% 07/15/2026$2.2M$2.2M<0.1%
TRAVEL + LEISURE CO SER 04/30/2026 06.625% 07/31/2026$2.3M$2.2M<0.1%
BRINKS CO/THE SER 06/15/2026 06.500% 06/15/2029$2.2M$2.2M<0.1%
SCHLUMBERGER LTD SEDOL 2779201 ISIN AN8068571086$1.5M$2.2M<0.1%
PROLOGIS INC$2.7M$2.2M<0.1%
BLACKROCK FUNDING INC/DE$4.2M$2.2M<0.1%
US BANCORP DEL COM NEW$2.1M$2.2M<0.1%
ALTRIA GROUP INC$2.5M$2.2M<0.1%
BEAZER HOMES USA 10/15/2022 COGT 05.875% 10/15/2027$2.0M$2.1M<0.1%
TRANSDIGM INC SER 03/01/2026 06.375% 03/01/2029$2.1M$2.1M<0.1%
STARBUCKS CORP$2.0M$2.1M<0.1%
SPRINGLEAF FINANCE CORP COGT 07.125% 03/15/2026$1.9M$2.1M<0.1%
GGAM FINANCE LTD SER 11/15/2025 07.750% 05/15/2026$2.1M$2.1M<0.1%
UNITED AIR 2019-2 B PTT SER B PASS 03.500% 11/01/2029$2.1M$2.0M<0.1%
UNITED CONTINENTAL HLDGS COGT 04.875% 01/15/2025$2.0M$2.0M<0.1%
AMERICAN TOWER CORP$2.2M$2.0M<0.1%
UBER TECHNOLOGIES INC$3.1M$2.0M<0.1%
PROCTER & GAMBLE CO$2.2M$2.0M<0.1%
GLP CAPITAL LP / FIN II COGT 05.375% 04/15/2026$2.0M$2.0M<0.1%
MGM RESORTS INTL 04/15/2027 COGT 06.500% 04/15/2032$2.0M$2.0M<0.1%
MACQUARIE AIRFINANCE HLD US55609NAA63 08.375% 05/01/2028$2.0M$2.0M<0.1%
EQUINIX INC$2.4M$1.9M<0.1%
DUKE ENERGY HOLDING CORP$2.3M$1.9M<0.1%
SPEEDWAY MOT/SPEEDWAY FD SER 04.875% 11/01/2027$1.9M$1.9M<0.1%
LENNOX INTERNATIONAL INC$2.2M$1.9M<0.1%
BECTON DICKINSON & CO$1.8M$1.9M<0.1%
GROSVENOR OPPORTUNISTIC CR FUND III LTD$2.4M$1.9M<0.1%
HOME DEPOT INC$2.2M$1.9M<0.1%
TARGET CORP$1.7M$1.9M<0.1%
TEVA PHARMACEUTICALS NE 03.150% 10/01/2026$2.0M$1.9M<0.1%
ICAHN ENTERPRISES/FIN 11/15/2026 COGT 05.250% 05/15/2027$1.9M$1.9M<0.1%
LOCKHEED MARTIN CORP$2.0M$1.9M<0.1%
BLACKSTONE INC$3.2M$1.9M<0.1%
SCHWAB CHARLES CORP NEW$2.8M$1.9M<0.1%
ANALOG DEVICES INC$2.9M$1.9M<0.1%
DOMINION ENERGY INC$1.3M$1.9M<0.1%
PARK INTERMED HLDGS SER 05/15/2024 04.875% 05/15/2029$1.9M$1.8M<0.1%
JP MORGAN CHASE & CO SR UNSEC 03/24/30 @ 100 VAR% 03/24/2031$1.8M$1.8M<0.1%
3M COMPANY$1.6M$1.8M<0.1%
ASBURY AUTOMOTIVE GROUP SER 04.750% 03/01/2030$1.8M$1.8M<0.1%
EDGEWELL PERSONAL CARE SER 06/01/2023 05.500% 06/01/2028$1.9M$1.8M<0.1%
AON PLC/IRELAND-A SEDOL BLP1HW5 ISIN IE00BLP1HW54$2.0M$1.8M<0.1%
WYNDHAM WORLDWIDE CORP 01/01/2027 04.500% 04/01/2027$1.7M$1.8M<0.1%
SNOWFLAKE INC-CLASS A$1.2M$1.8M<0.1%
Showing top 200 of 5,027 investments by value.