401(k) Retirement Plan · Active
CENTRAL STATES, SOUTHEAST & SOUTHWEST AREAS PENSION PLAN
TRUSTEES OF CENTRAL STATES, SE AND SW AREAS PENSION FUND·EIN 366044243
8647 WEST HIGGINS ROAD · CHICAGO, IL 606312803
Plan year
2024
Plan #
001
Industry
Filing ACK
202510091204…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$48220.7M
$0 per participant
Active participants
332,020
25.8% participation
Participation rate
25.8%
0th percentile
Annual return
1.91%
5th percentile
Admin expense
1.39%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2021
Clean
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry48, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$00th pctile
- Employer contribution$11,94279th pctile
- Participation rate25.8%0th pctile
- Assets per participant$00th pctile
- Expense efficiency$2,0185th pctile
- Annual return1.91%5th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Return trend
Section 03
10-year trajectory2021 - 2024
How plan year 2024 played out
Asset flow
-$1.46B
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.1%
Peer average
0.4%
In line with peersPeer marker at 0.4%
Section 04
Service providers
Top 10 of 50 by compensation
| Provider | Service type | Compensation |
|---|---|---|
THE BANK OF NEW YORK MELLON Service code 15 | Recordkeeping | $8,658,926 |
INSIGHT NORTH AMERICA LLC Service code 51 | Investment Mgmt Fees | $4,233,791 |
BLACKROCK FINANCIAL MANAGEMENT INC. Service code 31 | Direct payment from the plan; Investm... | $4,000,000 |
JP MORGAN INVESTMENT MANAGEMENT INC Service code 28 | Investment Management | $3,141,230 |
PAYDEN AND RYGEL Service code 51 | Investment Mgmt Fees | $2,973,922 |
RUSSELL INV IMPLEMENTATION SRVCS Service code 51 | Investment Mgmt Fees | $1,526,044 |
LOOMIS SAYLES AND COMPANY Service code 51 | Investment Mgmt Fees | $1,257,138 |
PGIM INC Service code 51 | Investment Mgmt Fees | $628,178 |
FIDELITY INSTITUTIONAL ASSET MGMT Service code 51 | Investment Mgmt Fees | $461,936 |
CDW DIRECT Service code 49 | Other Services | $417,599 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes1B1E
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes1B1E
Plan features
- 1BBenefits are primarily flat dollarBenefits are primarily a flat dollar amount (including a dollar amount per year of service).
- 1ESection 401(h) arrangementPlan contains separate accounts under Code section 401(h) to provide employee health benefits.
Contributions
Employer total$455,023,501
Participant total$1,714
Employer / P$11,942
Participant / P$0
Expenses
Admin expenses$76,903,560
Per participant$2,018.36
% of assets0.16%
Fidelity bond
Coverage amount$5,000,000
% of assets0.01%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·366044243
No other plans under this sponsor
Only this plan is filed under the sponsor's EIN.