Original filing (PDF)20251010211507NAL0004908563001

BOARD OF TRUSTEES OF HAWAII GLAZIERS PENSION TRUST FUND

Name: BOARD OF TRUSTEES OF HAWAII GLAZIERS PENSION TRUST FUND — HAWAII GLAZIERS PENSION TRUST FUND, Form 5500 (2024)
Creator: BOARD OF TRUSTEES OF HAWAII GLAZIERS PENSION TRUST FUND

Form 5500

FILING_RECEIVED

HAWAII GLAZIERS PENSION TRUST FUND

Defined-benefit pension plan

Signals · 3

~88 bps in Sched C feesNo recordkeeper disclosed9 service providers

Active participants

211

Accounts w/ balance

—

Plan assets (EOY)

$54.1M

Net assets (EOY)

$54.0M

How this plan invests

This plan

289 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

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

88 bps in Schedule C fees — 451% 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 OF HAWAII GLAZIERS PENSION TRUST FUND.

Plan sponsor

Name

BOARD OF TRUSTEES OF HAWAII GLAZIERS PENSION TRUST FUND

EIN

99-0145070

Address

1141 HARBOR BAY PARKWAY, SUITE 100 · ALAMEDA, CA · 94502

Phone

(808) 523-9411

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

2025-10-10

Pension benefit codes

1A · Pay-related DB formula

Audit & trust (Schedule H)

Auditor

MC GROUP HAWAII, INC.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

9 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE SEGAL COMPANY	—	SAN FRANCISCO, CA	NONE	$175K	—
GROUP PLAN ADMINISTRATORS, INC.	—	HONOLULU, HI	NONE	$85K	—
FIRST HAWAIIAN BANK	—	HONOLULU, HI	NONE	$61K	—
CKW FINANCIAL GROUP	—	HONOLULU, HI	NONE	$52K	—
BOSTON PARTNERS	—	BOSTON, MA	NONE	$40K	—
PBGC	—	ALEXANDRIA, VA	NONE	$19K	—
MC GROUP HAWAII, INC.	—	HONOLULU, HI	NONE	$17K	—
YOSHIDA & ASSOCIATES	—	HONOLULU, HI	NONE	$17K	—
ULLICO	—	SILVER SPRING, MD	NONE	$10K	—

Investments

267 direct securities· $84.0M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
BLACKROCK LIQUIDITY FUNDS	—	—	$16.8M	$16.8M	31.1%
ISHARES CORE S&P 500 ETF	—	—	$12.6M	$16.4M	30.4%
party (c) Purchase (d)Selling (g) Cost of on transaction (i) Net gain or involved (b) Description of asset price asset date (loss) Series in the same security BLACKROCK LIQUIDITY FUNDS	—	—	$14.6M	$14.6M	27.0%
ISHARES CORE MSCI EAFE ETF	—	—	$6.3M	$6.2M	11.4%
N YLI MACKAY SHORT DURATION HIGH INCOME	—	—	$2.7M	$2.7M	5.0%
JPMORGAN GLOBAL BOND OPPORTUNITIES FUND	—	—	$2.6M	$2.5M	4.6%
BLACKROCK LIQUIDITY FUNDS	—	—	$2.2M	$2.2M	4.0%
ISHARES CORE S&P MID-CAP ETF	—	—	$1.7M	$2.0M	3.8%
U NION LABOR LIFE INS CO	—	—	$1.1M	$1.9M	3.5%
ISHARES CORE MSCI EMERGING MARKETS ETF	—	—	$1.7M	$1.5M	2.8%
GOLDMAN SACHS EQUAL WEIGHT US LARGE CAP	—	—	$1.2M	$1.3M	2.5%
M ANNING & NAPIER HIGH YIELD BOND SERIES	—	—	$1.2M	$1.2M	2.2%
PIA HIGH YIELD FUND	—	—	$1.2M	$1.2M	2.1%
ISHARES CORE MSCI EMERGING MARKETS ETF	—	—	$1.0M	$1.1M	2.0%
BLACKSAND CAPITAL OPPORTUNITY FUND II	—	—	$1.0M	$1.1M	2.0%
VANGUARD FTSE ALL-WORLD EX-US ETF	—	—	$520K	$546K	1.0%
JPMORGAN CHASE & CO	—	—	$145K	$307K	0.6%
ALPHABET INC	—	—	$82K	$181K	0.3%
U NITED STATES TREASURY BOND 1.75% 11/15/2029	—	—	$173K	$160K	0.3%
Rate Maturity Shares/units ORACLE GROUP	—	—	$101K	$151K	0.3%
PHILIP MORRIS INTERNATIONAL INC	—	—	$116K	$143K	0.3%
HONEYWELL INTERNATIONAL INC	—	—	$125K	$138K	0.3%
ABBVIE INC	—	—	$129K	$137K	0.3%
UNITEDHEALTH HOLDINGS INC	—	—	$105K	$131K	0.2%
U NITED STATES TREASURY BOND 2.75% 2/15/2028	—	—	$147K	$124K	0.2%
U NITED STATES TREASURY BOND 2.25% 11/15/2027	—	—	$132K	$123K	0.2%
SYSCO CORP	—	—	$122K	$121K	0.2%
LPL FINANCIAL HOLDINGS INC	—	—	$92K	$117K	0.2%
U NITED STATES TREASURY BOND 3.00% 11/15/2045	—	—	$153K	$113K	0.2%
Rate Maturity Shares/units CRH PLC	—	—	$60K	$111K	0.2%
AMERICAN EXPRESS CO	—	—	$61K	$109K	0.2%
DISCOVER FINANCIAL SERVICES	—	—	$86K	$109K	0.2%
FIDELITY NATIONAL INFOMRATION SERVICES INC	—	—	$96K	$107K	0.2%
CENCORA INC	—	—	$64K	$106K	0.2%
U NITED STATES TREASURY BOND 2.00% 8/15/2025	—	—	$103K	$104K	0.2%
MCKESSON CORP	—	—	$62K	$101K	0.2%
DIAMONDBACK ENERGY INC	—	—	$112K	$100K	0.2%
US FOOD HOLDING CORP	—	—	$57K	$98K	0.2%
U NITED STATES TREASURY BOND 4.13% 11/15/2032	—	—	$105K	$98K	0.2%
M ORGAN STANLEY	—	—	$63K	$92K	0.2%
U NITED STATES TREASURY BOND 3.38% 5/15/2033	—	—	$96K	$92K	0.2%
H UNTINGTON BANCSHARES INC	—	—	$74K	$92K	0.2%
NORFOLK SOUTHERN CORP	—	—	$99K	$91K	0.2%
WELLS FARGO & CO	—	—	$57K	$89K	0.2%
CORPAY INC COM	—	—	$68K	$89K	0.2%
SCHLUMBERGER NV	—	—	$80K	$88K	0.2%
CONOCO PHILLIPS	—	—	$67K	$87K	0.2%
FLEX LTD	—	—	$65K	$86K	0.2%
AON PLC	—	—	$72K	$84K	0.2%
KENVUE INC	—	—	$83K	$82K	0.2%
AUTOZONE INC	—	—	$27K	$80K	0.1%
ABBOT LABORATORIES	—	—	$67K	$79K	0.1%
EMERSON ELECTRIC CO	—	—	$70K	$79K	0.1%
MICRON TECHONOLOGY INC	—	—	$63K	$76K	0.1%
BLUE OWL CAPITAL INC	—	—	$57K	$75K	0.1%
U NITED STATES TREASURY BOND 4.13% 7/31/2028	—	—	$76K	$74K	0.1%
FIRST ENERGY CORP	—	—	$74K	$73K	0.1%
AMGEN INC	—	—	$70K	$72K	0.1%
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP	—	—	$32K	$71K	0.1%
HOME DEPOT INC	—	—	$61K	$68K	0.1%
WALT DISNEY CO	—	—	$69K	$67K	0.1%
J ACOBS SOLUTIONS INC	—	—	$56K	$67K	0.1%
CENTERPOINT ENERGY INC	—	—	$52K	$67K	0.1%
GENERAL DYNAMICS CORP	—	—	$47K	$66K	0.1%
MARATHON PETROLEUM CORP	—	—	$27K	$65K	0.1%
T-MOBILE US INC	—	—	$36K	$64K	0.1%
FORTIVE CORP	—	—	$57K	$64K	0.1%
DELTA AIR LINES INC	—	—	$62K	$63K	0.1%
PPL CORP	—	—	$67K	$63K	0.1%
UBER TECHONOLOGIES INC	—	—	$64K	$62K	0.1%
LEIDOS HOLDINGS INC	—	—	$42K	$62K	0.1%
U NITED AIRLINES HOLDINGS INC	—	—	$52K	$62K	0.1%
KEYSIGHTTECHONOLOGIES INC	—	—	$58K	$61K	0.1%
KEYSIGHT TECHONOLOGIES INC	—	—	$58K	$61K	0.1%
O MNICOM GROUP INC	—	—	$64K	$60K	0.1%
TECK RESOURCES LET	—	—	$66K	$60K	0.1%
CENOVUS ENERGY INC	—	—	$65K	$60K	0.1%
U NITED STATES TREASURY BOND 4.13% 7/31/2031	—	—	$62K	$59K	0.1%
DELL TECHNOLOGIES INC	—	—	$26K	$58K	0.1%
AUTO NATION INC	—	—	$53K	$58K	0.1%
AUTONATION INC	—	—	$53K	$58K	0.1%
SMURFIT WESTROCK PLC	—	—	$50K	$58K	0.1%
ALLSTATE CORP 0.75% 12/15/2025	—	—	$60K	$58K	0.1%
U NITED STATES TREASURY BOND 2.00% 11/15/2026	—	—	$59K	$58K	0.1%
SOUTHERN POWER CO 4.15% 12/01/2025	—	—	$59K	$55K	0.1%
ROPER TECHNOLIGIES INC 3.80% 12/15/2026	—	—	$63K	$54K	0.1%
COCA-COLA CO 3.38% 3/25/2027	—	—	$63K	$54K	<0.1%
WELLS FARGO & CO 4.15% 1/24/2029	—	—	$61K	$53K	<0.1%
AMERICAN EXPRESS CREDIT CORP 3.30% 5/03/2027	—	—	$59K	$53K	<0.1%
U NITED STATES TREASURY BOND 3.63% 2/15/2053	—	—	$61K	$53K	<0.1%
CANADIAN NATRUAL RESOURCES LTD	—	—	$22K	$52K	<0.1%
MICROCHIP TECHONOLOGY INC	—	—	$65K	$50K	<0.1%
GOLDMAN SACHS GROUP INC	—	—	$24K	$50K	<0.1%
U NITED STATES TREASURY BOND 3.63% 5/15/2026	—	—	$50K	$50K	<0.1%
LOWE'S COS INC 3.38% 9/15/2025	—	—	$53K	$50K	<0.1%
STRYKER CORP 3.38% 11/01/2025	—	—	$51K	$50K	<0.1%
KINROSS GOLD CORP	—	—	$46K	$49K	<0.1%
U NITED STATES TREASURY BOND 4.38% 5/15/2034	—	—	$52K	$49K	<0.1%
LENNAR CORP	—	—	$58K	$49K	<0.1%
DEERE & CO	—	—	$28K	$49K	<0.1%
HOLOGIC INC	—	—	$53K	$49K	<0.1%
ASTRAZENECA PLC 4.00% 1/17/2029	—	—	$56K	$49K	<0.1%
U NITED STATES TREASURY BOND 2.50% 3/31/2027	—	—	$50K	$48K	<0.1%
ROBERT HALF INC	—	—	$45K	$47K	<0.1%
FHLMC MULTIFAMILY STRUCTURED 3.50% 8/01/2052	—	—	$48K	$47K	<0.1%
N EXTERA ENERGY INC	—	—	$47K	$47K	<0.1%
U NITED STATES TREASURY BOND 2.75% 5/31/2029	—	—	$49K	$47K	<0.1%
FEDERAL FARM CREDIT BANKS FUNDING CORP 2.32% 1/26/2032	—	—	$47K	$47K	<0.1%
ASTRAZENECA PLC	—	—	$47K	$47K	<0.1%
APPLIED MATERIALS INC	—	—	$26K	$47K	<0.1%
UNITED RENTALS INC	—	—	$14K	$46K	<0.1%
VERIZON COMMUNICATIONS INC 3.15% 3/22/2030	—	—	$53K	$46K	<0.1%
FREDDIE MAC POOL 2.00% 9/01/2051	—	—	$46K	$45K	<0.1%
U NITED STATES TREASURY BOND 1.88% 2/28/2029	—	—	$49K	$45K	<0.1%
H EWLETT PACKARD ENTERPRISES CO	—	—	$45K	$45K	<0.1%
TRIMBLE INC	—	—	$39K	$45K	<0.1%
AMAZON.COM INC 4.80% 12/05/2034	—	—	$51K	$45K	<0.1%
BIOGEN INC 4.05% 9/15/2025	—	—	$50K	$45K	<0.1%
BOOKING HOLDINGS INC	—	—	$18K	$45K	<0.1%
DOMINICAN ENERGY INC 3.90% 10/01/2025	—	—	$47K	$45K	<0.1%
Rate Maturity Shares/units FANNIE MAE POOL 4.00% 5/01/2052	—	—	$47K	$44K	<0.1%
FANNIE MAE POOL 3.50% 7/01/2052	—	—	$47K	$44K	<0.1%
ALTRIA GROUP 4.25% 8/09/2042	—	—	$53K	$44K	<0.1%
J P MORGAN CHASE & CO 6.40% 5/15/2038	—	—	$50K	$44K	<0.1%
ABBVIE INC 4.40% 11/06/2042	—	—	$51K	$43K	<0.1%
U NITED STATES TREASURY BOND 3.00% 5/15/2042	—	—	$59K	$43K	<0.1%
M CDONALDS CORP 6.30% 3/01/2038	—	—	$51K	$43K	<0.1%
I NTERCONTINENTAL EXCHANGE INC	—	—	$29K	$42K	<0.1%
CISCO SYSTEMS INC 5.90% 2/15/2039	—	—	$51K	$42K	<0.1%
HOME DEPOT INC 5.88% 12/16/2036	—	—	$49K	$42K	<0.1%
U NITED STATES TREASURY BOND 1.88% 2/15/2032	—	—	$47K	$42K	<0.1%
N ICE SYSTEMS LTD	—	—	$45K	$42K	<0.1%
Rate Maturity Shares/units APPLIED MATERIALS INC 5.85% 6/15/2041	—	—	$47K	$41K	<0.1%
BANK OF AMERICA CO 4.88% 4/01/2044	—	—	$49K	$41K	<0.1%
REYFUS TREASURY SECURITIES	—	—	$41K	$41K	<0.1%
FANNIE MAE POOL 2.50% 6/01/2051	—	—	$41K	$41K	<0.1%
CHUBB LTD	—	—	$18K	$40K	<0.1%
HONEYWELL INTERNATIONAL INC 5.38% 3/01/2041	—	—	$50K	$40K	<0.1%
QUEST DIAGNOSTICS INC 3.45% 6/01/2026	—	—	$39K	$39K	<0.1%
COCA-COLA EUROPACIFIC PARTNERS PLC	—	—	$21K	$38K	<0.1%
FREDDIE MAC POOL 3.50% 7/01/2050	—	—	$38K	$37K	<0.1%
FANNIE MAE POOL 2.50% 1/01/2052	—	—	$37K	$37K	<0.1%
FANNIE MAE POOL 4.50% 7/01/2052	—	—	$38K	$37K	<0.1%
ARTHUR J GALLAGHER & CO	—	—	$24K	$36K	<0.1%
FREDDIE MAC GOLD POOL 3.00% 10/01/2046	—	—	$45K	$36K	<0.1%
FANNIE MAE POOL 2.50% 5/01/2046	—	—	$45K	$36K	<0.1%
FREDDIE MAC POOL 3.00% 9/01/2053	—	—	$36K	$36K	<0.1%
FEDERAL FARM CREDIT BANKS FUNDING CORP 1.54% 8/17/2035	—	—	$36K	$36K	<0.1%
M ASCO CORP	—	—	$26K	$36K	<0.1%
U NITED STATES TREASURY BOND 2.38% 2/15/2042	—	—	$47K	$36K	<0.1%
GINNIE MAE II POOL 3.50% 6/15/2042	—	—	$34K	$35K	<0.1%
U NITED STATES TREASURY BOND 3.75% 8/15/2041	—	—	$46K	$35K	<0.1%
FREDDIE MAC POOL 2.50% 2/01/2052	—	—	$36K	$35K	<0.1%
M SMUCKER CO 3.50% 3/15/2025	—	—	$38K	$35K	<0.1%
FREDDIE MAC POOL 3.00% 3/01/2052	—	—	$35K	$34K	<0.1%
FANNIE MAE POOL 2.50% 8/01/2051	—	—	$43K	$34K	<0.1%
M XP SEMICONDUCTORS NV	—	—	$30K	$34K	<0.1%
BUILDERS FIRSTSOURCE INC	—	—	$39K	$34K	<0.1%
FREDDIE MAC POOL 2.50% 12/01/2051	—	—	$41K	$33K	<0.1%
FREDDIE MAC POOL 2.50% 3/01/2051	—	—	$42K	$33K	<0.1%
U NITED STATES TREASURY BOND 2.38% /15/2029	—	—	$35K	$32K	<0.1%
FANNIE MAE POOL 3.00% 3/01/2050	—	—	$39K	$32K	<0.1%
KBR INC	—	—	$36K	$32K	<0.1%
U NITED STATES TREASURY BOND 3.88% 8/15/2040	—	—	$41K	$31K	<0.1%
ALLEGION PLC	—	—	$27K	$31K	<0.1%
FANNIE MAE POOL 3.00% 6/01/2051	—	—	$37K	$31K	<0.1%
FREDDIE MAC POOL 3.00% 8/01/2051	—	—	$38K	$31K	<0.1%
FANNIE MAE POOL 4.50% 6/01/2051	—	—	$32K	$30K	<0.1%
WALT DISNEY CO 3.35% 3/24/2025	—	—	$34K	$30K	<0.1%
GLAXO SMITH KLINE CAPITAL INC 3.63% 5/15/2025	—	—	$34K	$30K	<0.1%
COMCAST CORP 3.15% 3/01/2026	—	—	$33K	$30K	<0.1%
U NITED STATES TREASURY BOND 4.00% 7/31/2029	—	—	$30K	$30K	<0.1%
M ORGAN STANLEY 3.63% 1/20/2027	—	—	$32K	$29K	<0.1%
FREDDIE MAC POOL 3.00% 2/01/2051	—	—	$35K	$29K	<0.1%
CLOROX CO 3.10% 10/01/2027	—	—	$34K	$29K	<0.1%
FREDDIE MAC POOL 2.50% 9/01/2050	—	—	$31K	$28K	<0.1%
FREDDIE MAC POOL 2.50% 8/01/2051	—	—	$34K	$27K	<0.1%
FANNIE MAE POOL 2.50% 8/01/2040	—	—	$32K	$26K	<0.1%
FREDDIE MAC POOL 3.50% 10/01/2037	—	—	$29K	$26K	<0.1%
PHILLIPS 66	—	—	$29K	$25K	<0.1%
FANNIE MAE POOL 4.00% 10/01/2045	—	—	$28K	$25K	<0.1%
M GM RESORTS INTERNATIONAL	—	—	$31K	$25K	<0.1%
U NITED STATES TREASURY BOND 3.88% 11/30/2029	—	—	$25K	$24K	<0.1%
U NITED STATES TREASURY BOND 3.38% 5/15/2044	—	—	$30K	$24K	<0.1%
FANNIE MAE POOL 5.00% 11/01/2044	—	—	$27K	$24K	<0.1%
U NITED STATES TREASURY BOND 4.25% 8/15/2054	—	—	$26K	$23K	<0.1%
PFIZER INC 1.70% 5/28/2030	—	—	$24K	$21K	<0.1%
FEDERAL FARM CREDIT BANKS FUNDING CORP 1.90% 10/06/2031	—	—	$21K	$21K	<0.1%
FANNIE MAE POOL 4.00% 8/04/2043	—	—	$24K	$20K	<0.1%
U NITED STATES TREASURY BOND 3.00% 5/15/2042	—	—	$24K	$20K	<0.1%
FREDDIE MAC POOL 3.50% 11/01/2039	—	—	$19K	$20K	<0.1%
U NITED STATES TREASURY BOND 3.13% 2/15/2043	—	—	$26K	$20K	<0.1%
FREDDIE MAC GOLD POOL 5.00% 6/01/2041	—	—	$21K	$20K	<0.1%
FANNIE MAE POOL 4.00% 5/01/2052	—	—	$19K	$18K	<0.1%
FANNIE MAE POOL 4.50% 11/01/2047	—	—	$19K	$17K	<0.1%
FANNIE MAE POOL 2.00% 9/01/2050	—	—	$21K	$16K	<0.1%
FREDDIE MAC GOLD POOL 4.00% 7/01/2041	—	—	$17K	$15K	<0.1%
FANNIE MAE POOL 5.00% 11/01/2039	—	—	$17K	$15K	<0.1%
U NITED STATES TREASURY BOND 3.75% 6/30/2030	—	—	$15K	$15K	<0.1%
FANNIE MAE POOL 4.00% 2/01/2041	—	—	$15K	$13K	<0.1%

Showing top 200 of 267 investments by value.