Original filing (PDF)20251012155802NAL0000544625002

WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST

Name: WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST — WESTERN STATES CARPENTERS HEALTH AND WELFARE PLAN, Form 5500 (2024)
Creator: WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST

Form 5500

FILING_RECEIVED

WESTERN STATES CARPENTERS HEALTH AND WELFARE PLAN

Health & welfare plan

Signals · 4

37% in single holding~161 bps in Sched C feesNo recordkeeper disclosed25 service providers

Active participants

51,730

Accounts w/ balance

—

Plan assets (EOY)

$1.4B

Net assets (EOY)

$1.3B

How this plan invests

This plan

1 pooled trust

Schedule D

125 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

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Top holding "103-12 Investment Entity UBC RUSSELL 3000 INDEX TRUST CL C 103-12 Investment Entity N/A N/A N/A" is 37% of plan.
161 bps in Schedule C fees — 3118% 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 WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST.

Plan sponsor

Name

WESTERN STATES CARPENTERS HEALTH AND WELFARE TRUST

EIN

95-6042873

Address

445 S. FIGUEROA · 15TH FLOOR · LOS ANGELES, CA · 90071

Phone

(213) 386-8590

Industry

Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

501

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-12

Welfare benefit codes

4A · Health (other than dental or vision)

4B · Life Insurance

4D · Dental

4E · Vision

4H · Long-Term Disability

Audit & trust (Schedule H)

Auditor

CALIBRE CPA GROUP, PLLC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

25 rows

Trustee

Name	EIN	Location	Relation	Direct comp	Indirect comp
CURTIS CONYERS	95-6042843	—	TRUSTEE	$18K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
INDEPENDENCE ADMINISTRATORS	23-2184623	—	NONE	$7.6M	—
CARPENTERS SOUTHWEST ADMIN. CORP.	95-3687194	—	AFFILIATED ADMIN. CORP.	$7.3M	—
EXPRESS SCRIPTS, INC.	43-1420563	—	NONE	$3.5M	—
SHANLEY APC	87-3029070	—	NONE	$995K	—
THE SEGAL COMPANY	94-1503999	—	NONE	$545K	—
NOSSAMAN LLP	—	LOS ANGELES, CA	NONE	$542K	—
LEVEL CARE HEALTH CONSORTIUM	83-2819398	—	NONE	$326K	—
COMPSYCH CORPORATION	36-3739783	—	NONE	$312K	—
UNION PRESS	20-5488248	—	NONE	$223K	—
VIRTA MEDICAL	36-4841662	—	NONE	$136K	—
DODGE & COX	94-1441976	—	NONE	$111K	—
YOUSIF CAPITAL MANAGEMENT	86-1880507	—	NONE	$88K	—
CALIBRE CPA GROUP, PLLC	47-0900880	—	NONE	$45K	—
ALAN BILLER & ASSOCIATES	94-2854958	—	NONE	$43K	—
US BANK	31-0841368	—	NONE	$42K	—
SAGEBRUSH ANALYTICAL SOLUTIONS	47-4911360	—	NONE	$25K	—
THE PHIA GROUP, LLC	—	CANTON, MA	NONE	$21K	—
THE WAGNER LAW GROUP	04-3323315	—	NONE	$19K	—
WELFARE AND PENSION ADMIN SERVICE	91-1363171	—	NONE	$13K	—
BRIDGEWAY BENEFIT TECHNOLOGIES	52-1796473	—	NONE	$11K	—
INVESCO ADVISERS INC	58-1707262	—	NONE	$9K	—
MANATT, PHELPS & PHILLIPS LLP	95-2375841	—	NONE	$6K	—
BARLOW, COUGHRAN, MORALES & JOSEPHS	91-0889948	—	NONE	$5K	—
SEGAL SELECT INSURANCE SERVICES INC	46-0619194	—	NONE	$0	—

Investments

117 direct securities · 1 pooled fund· $955.0M(70% 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

$474.8M

114 holdings

103-12 Investment Entity

$355.0M

1 holding

Mutual Funds

$124.7M

1 holding

Preferred Stocks

$270K

1 holding

Corporate Bonds

$199K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
UBC RUSSELL 3000 INDEX FUND INVESCO MULTI SERIES FUNDS II, LLC · EIN 85-3357652 / PN 001	103-12 Investment Entity	—	$302.1M	$355.0M	26.1%
JPM ORGAN CORE BOND TRUST M utual fund N/A	Mutual Funds	—	$125.9M	$124.7M	9.2%
GS FINANCIAL SQ TRSY INSTRUM ENTS INST 506 M oney M arket N/A	—	—	$116.9M	$116.9M	8.6%
PIM CO INCOM E FUND INS M utual fund N/A	—	—	$74.4M	$74.1M	5.4%
CAM DEN BONDS PLUS FUND LLC Limited Partnership N/A	—	—	$70.0M	$72.8M	5.3%
Limited Partnerships BLACKSTONE INFRASTRUCTURE PARTNERS V FEEDER Limited Partnership N/A	—	—	$34.0M	$41.9M	3.1%
HEITM AN CORE RE DEBT INCOM E TRUST Limited Partnership N/A	—	—	$34.0M	$26.8M	2.0%
GI PARTNERS ETS FUND LP Limited Partnership N/A	—	—	$14.1M	$14.0M	1.0%
BLACKSTONE PROPERTY PARTNERS F.2 LP Limited Partnership N/A	—	—	$17.0M	$12.4M	0.9%
U.S. TREASURY BD U.S. Government N/A 5/15/2054 4.750%	—	—	$10.7M	$10.1M	0.7%
F N M A #CB4532 U.S. Government N/A 6/1/2052 3.500%	—	—	$7.2M	$7.1M	0.5%
F H L M C #SD8214 U.S. Government N/A 4/1/2052 3.500%	—	—	$7.0M	$7.0M	0.5%
F H L M C #SD8244 U.S. Government N/A 9/1/2052 4.000%	—	—	$6.4M	$6.3M	0.5%
F N M A #M A4281 U.S. Government N/A 3/1/2051 2.000%	—	—	$5.6M	$5.3M	0.4%
FHLM C SD5593 U.S. Government N/A 2/1/2051 2.000%	—	—	$5.0M	$4.9M	0.4%
F N M A GTD REM IC U.S. Government N/A 3/25/2042 4.000%	—	—	$4.4M	$4.4M	0.3%
ECM C GRP STD LN TR Corporate bond N/A 11/27/2073 1.000%	—	—	$4.3M	$4.3M	0.3%
F N M A #M A4654 U.S. Government N/A 6/1/2052 3.500%	—	—	$3.7M	$3.7M	0.3%
F H L M C #SD8221 U.S. Government N/A 5/1/2052 3.500%	—	—	$3.4M	$3.4M	0.3%
Money Market Funds FIRST AM US TREAS M CL Z M oney M arket N/A	—	—	$3.0M	$3.0M	0.2%
F N M A #M A4465 U.S. Government N/A 10/1/2051 2.000%	—	—	$2.9M	$2.8M	0.2%
U.S. TREASURY NT U.S. Government N/A 11/15/2044 4.630%	—	—	$2.5M	$2.4M	0.2%
U.S. TREASURY NT U.S. Government N/A 7/31/2029 4.000%	—	—	$2.1M	$2.1M	0.2%
TRANSCANADA TRUST Corporate bond N/A 9/15/2079 5.500%	—	—	$1.9M	$1.9M	0.1%
NAVIENT STUDENT LO Corporate bond N/A 12/27/2066 6.115%	—	—	$1.6M	$1.6M	0.1%
SM B PRIVATE EDU LN Corporate bond N/A 10/16/2056 5.750%	—	—	$1.6M	$1.6M	0.1%
PETROLEOS M EXICO Corporate bond N/A 1/23/2050 7.690%	—	—	$1.5M	$1.6M	0.1%
BOSTON PPTYS LTD L P Corporate bond N/A 6/21/2029 3.400%	—	—	$1.1M	$1.1M	<0.1%
FORD M OTOR CREDIT Corporate bond N/A 8/10/2026 2.700%	—	—	$985K	$1.0M	<0.1%
BANK OF AM ERICA CORP Corporate bond N/A 12/20/2028 3.420%	—	—	$942K	$959K	<0.1%
PETROLEOS M EXICANOS Corporate bond N/A 2/16/2032 6.700%	—	—	$915K	$935K	<0.1%
U.S. TREASURY BD U.S. Government N/A 8/15/2044 4.250%	—	—	$958K	$921K	<0.1%
CHARTER COM M OPT LLC Corporate bond N/A 7/1/2049 5.130%	—	—	$923K	$920K	<0.1%
T M OBILE USA INC Corporate bond N/A 4/15/2030 3.880%	—	—	$917K	$917K	<0.1%
UNICREDIT SPA Corporate bond N/A 4/2/2034 7.300%	—	—	$926K	$914K	<0.1%
PROSUS NV M TN Corporate bond N/A 7/13/2031 3.060%	—	—	$875K	$881K	<0.1%
IM PERIAL TOB FIN PLC Corporate bond N/A 7/27/2027 6.130%	—	—	$842K	$847K	<0.1%
U.S. Government and Agency Obligations U.S. TREASURY NT U.S. Government N/A 5/31/2029 4.500%	—	—	$833K	$829K	<0.1%
NEXTERA ENERGY Corporate bond N/A 7/15/2027 4.630%	—	—	$788K	$799K	<0.1%
F H L M C #SD8275 U.S. Government N/A 11/1/2052 4.500%	—	—	$814K	$797K	<0.1%
F H L M C #SD8256 U.S. Government N/A 9/1/2052 4.000%	—	—	$786K	$777K	<0.1%
U.S. TREASURY I P S U.S. Government N/A 2/15/2054 2.130%	—	—	$834K	$757K	<0.1%
JPM ORGAN CHASE CO Corporate bond N/A 1/23/2028 5.040%	—	—	$747K	$753K	<0.1%
PROSUS N V Corporate bond N/A 1/19/2027 3.260%	—	—	$729K	$741K	<0.1%
BARCLAYS PLC Corporate bond N/A 8/9/2028 5.500%	—	—	$725K	$733K	<0.1%
WELLS FARGO CO M TN Corporate bond N/A 7/25/2028 4.810%	—	—	$716K	$722K	<0.1%
RIO OIL FINANCE Corporate bond N/A 4/6/2028 8.200%	—	—	$714K	$719K	<0.1%
Municipal Obligations ILLINOIS ST M unicipal obligation N/A 6/1/2033 5.100%	—	—	$722K	$719K	<0.1%
HSBC HLDGS PLC Corporate bond N/A 8/11/2028 5.210%	—	—	$696K	$703K	<0.1%
SOUTHERN CO Corporate bond N/A 9/15/2051 3.750%	—	—	$681K	$694K	<0.1%
CAPITAL ONE FINL Corporate bond N/A 6/8/2029 6.310%	—	—	$668K	$671K	<0.1%
GOLDM AN SACHS GROUP Corporate bond N/A 3/15/2028 3.620%	—	—	$622K	$632K	<0.1%
U.S. TREASURY NT U.S. Government N/A 5/15/2034 4.380%	—	—	$649K	$627K	<0.1%
LLOYDS BANKING GROUP Corporate bond N/A 6/5/2030 5.720%	—	—	$610K	$610K	<0.1%
ENEL FIN INTL N V Corporate bond N/A 6/15/2032 5.000%	—	—	$601K	$608K	<0.1%
CITIGROUP INC Corporate bond N/A 3/31/2031 4.410%	—	—	$599K	$601K	<0.1%
HSBC HLDGS PLC SUB Corporate bond N/A 11/13/2034 7.400%	—	—	$603K	$598K	<0.1%
U.S. TREASURY BD U.S. Government N/A 5/15/2044 4.630%	—	—	$614K	$586K	<0.1%
SOUTHERN CO Corporate bond N/A 6/15/2028 4.850%	—	—	$572K	$576K	<0.1%
F H L M C #SI2106 U.S. Government N/A 5/1/2051 2.500%	—	—	$581K	$557K	<0.1%
COX COM M UNICATIONS Corporate bond N/A 8/15/2027 3.500%	—	—	$544K	$556K	<0.1%
HYUNDAI AUTO REC Corporate bond N/A Unknown	—	—	$535K	$533K	<0.1%
BAYER US FIN LLC Corporate bond N/A 11/21/2033 6.500%	—	—	$513K	$509K	<0.1%
VODAFONE GROUP PLC Corporate bond N/A 4/4/2079 7.000%	—	—	$493K	$486K	<0.1%
UBS GROUP AG Corporate bond N/A 12/22/2027 6.330%	—	—	$458K	$462K	<0.1%
CHARTER COM M OPT LLC Corporate bond N/A 4/1/2048 5.750%	—	—	$447K	$449K	<0.1%
U.S. TREASURY BD U.S. Government N/A 8/15/2054 4.250%	—	—	$510K	$443K	<0.1%
BNP PARIBAS Corporate bond N/A 8/12/2035 2.590%	—	—	$430K	$440K	<0.1%
CVS HEALTH CORP Corporate bond N/A 3/10/2055 7.000%	—	—	$433K	$431K	<0.1%
AM ERICAN ELEC PWR Corporate bond N/A 1/15/2029 5.200%	—	—	$425K	$428K	<0.1%
JPM ORGAN CHASE CO Corporate bond N/A 5/13/2031 2.960%	—	—	$417K	$425K	<0.1%
FORD M OTOR CREDIT Corporate bond N/A 5/28/2027 4.950%	—	—	$416K	$421K	<0.1%
CEM EX SAB DE CV Corporate bond N/A 11/19/2029 5.450%	—	—	$424K	$419K	<0.1%
SCHWAB CHARLES CORP Corporate bond N/A 5/19/2029 5.640%	—	—	$407K	$408K	<0.1%
COX COM M UNICATIONS Corporate bond N/A 6/15/2033 5.700%	—	—	$401K	$397K	<0.1%
ULTRAPAR Corporate bond N/A 10/6/2026 5.250%	—	—	$394K	$394K	<0.1%
F N M A #M A4700 U.S. Government N/A 7/1/2052 4.000%	—	—	$397K	$393K	<0.1%
BAYER US FINANCE II Corporate bond N/A 12/15/2028 4.380%	—	—	$380K	$385K	<0.1%
KINDER M ORGAN INC Corporate bond N/A 2/1/2033 4.800%	—	—	$381K	$380K	<0.1%
VM WARE INC Corporate bond N/A 8/15/2026 1.400%	—	—	$368K	$379K	<0.1%
WELLS FARGO CO M TN Corporate bond N/A 3/2/2033 3.350%	—	—	$371K	$373K	<0.1%
AT T INC Corporate bond N/A 12/1/2033 2.550%	—	—	$361K	$362K	<0.1%
DOM INION ENERGY INC Corporate bond N/A 4/15/2026 1.450%	—	—	$349K	$360K	<0.1%
RTX CORPORATION Corporate bond N/A 3/15/2031 6.000%	—	—	$341K	$341K	<0.1%
NATWEST GROUP PLC Corporate bond N/A 6/1/2034 6.480%	—	—	$332K	$334K	<0.1%
UBS GROUP AG Corporate bond N/A 1/12/2034 5.960%	—	—	$333K	$332K	<0.1%
BNP PARIBAS M TN Corporate bond N/A 5/20/2030 0.750%	—	—	$303K	$300K	<0.1%
CITIGROUP INC SUB Corporate bond N/A 5/25/2034 6.170%	—	—	$281K	$280K	<0.1%
F H L M C #QE2001 U.S. Government N/A 5/1/2052 3.500%	—	—	$278K	$280K	<0.1%
PHILIP M ORRIS INTL Corporate bond N/A 2/13/2031 5.130%	—	—	$273K	$275K	<0.1%
CITIGROUP CAPITAL XIII 7.875% PFD Preferred stock N/A	Preferred Stocks	—	$265K	$270K	<0.1%
GE HEALTHCARE HLDG Corporate bond N/A 11/22/2032 5.910%	—	—	$260K	$260K	<0.1%
REPUBLIC OF COLOM BIA Corporate bond N/A 6/15/2045 5.000%	—	—	$263K	$253K	<0.1%
LLOYDS BANKING GROUP Corporate bond N/A 11/15/2033 7.950%	—	—	$255K	$251K	<0.1%
BARCLAYS PLC Corporate bond N/A 6/20/2030 5.090%	—	—	$241K	$244K	<0.1%
HCA INC Corporate bond N/A 3/15/2027 3.130%	—	—	$237K	$241K	<0.1%
PROSUS N V Corporate bond N/A 1/19/2052 4.990%	—	—	$237K	$235K	<0.1%
HSBC HOLDINGS PLC Corporate bond N/A 8/18/2031 2.360%	—	—	$231K	$234K	<0.1%
CVS HEALTH CORP Corporate bond N/A 4/1/2030 3.750%	—	—	$231K	$229K	<0.1%
ELANCO ANIM AL HEALTH Corporate bond N/A 8/28/2028 5.650%	—	—	$230K	$228K	<0.1%
JPM ORGAN CHASE CO Corporate bond N/A 10/15/2030 2.740%	—	—	$225K	$225K	<0.1%
CAPITAL ONE Corporate bond N/A 10/30/2031 7.620%	—	—	$221K	$221K	<0.1%
CIGNA CORP Corporate bond N/A 10/15/2028 4.380%	—	—	$219K	$221K	<0.1%
UBS GROUP AG Corporate bond N/A 9/22/2029 6.250%	—	—	$208K	$207K	<0.1%
CALIFORNIA ST BUILD M unicipal obligation N/A 4/1/2039 7.550%	—	—	$223K	$207K	<0.1%
IM PERIAL TOB FIN M TN Corporate bond N/A 2/1/2030 5.500%	—	—	$201K	$202K	<0.1%
LLOYDS BANKING GROUP Corporate bond N/A 3/24/2026 4.650%	Corporate Bonds	—	$198K	$199K	<0.1%
BNP PARIBAS Corporate bond N/A 5/12/2026 4.380%	—	—	$197K	$198K	<0.1%
REPUBLIC OF COLOM BIA Corporate bond N/A 11/7/2036 7.750%	—	—	$197K	$196K	<0.1%
REPUBLIC OF COLUM BIA Corporate bond N/A 11/7/2054 8.380%	—	—	$195K	$194K	<0.1%
SCHWAB CHARLES CORP Corporate bond N/A 8/24/2034 6.140%	—	—	$183K	$184K	<0.1%
CAPITAL ONE Corporate bond N/A 7/26/2030 5.460%	—	—	$176K	$176K	<0.1%
CEM EX SAB DE CV Corporate bond N/A 7/11/2031 3.880%	—	—	$176K	$174K	<0.1%
ANTHEM INC Corporate bond N/A 5/15/2030 2.250%	—	—	$175K	$174K	<0.1%
JPM ORGAN CHASE Corporate bond N/A 6/1/2034 5.350%	—	—	$151K	$150K	<0.1%
NEXTERA ENERGY CAP Corporate bond N/A 3/15/2029 4.900%	—	—	$150K	$150K	<0.1%
BAT CAPITAL CORP Corporate bond N/A 8/2/2033 6.420%	—	—	$132K	$132K	<0.1%
RIO OIL FINANCE Corporate bond N/A 1/6/2027 9.760%	—	—	$68K	$68K	<0.1%