Retirement plan

CENTRAL PENSION FUND OF THE IUOE & PARTICIPATING EMPLOYERS

BOARD OF TRUSTEES OF THE CPF OF THE IUOE AND PARTICIPATING EMPLOYERSEIN 36-6052390Plan #001PY 2021
4115 CHESAPEAKE STREET, NW - WASHINGTON, DC 200164665202-362-1000LinkedIn51-200 employeesinsurance
Other plans on this EIN
1 filing
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(202) 362-1000

Summary metrics

Total assets (EOY)
$22456.1M
-9.5% from 2017
Total participants
214,908
+14.0% from 2017
Average account balance
$0
No prior year
Annual return
13.70%
-13.76 pp from 2017

Benchmarks

Peer group
Industry52 - Finance and Insurance
Plan typeDefined benefit
Participants>=10,000
Cohort31 peers
Snapshot2021
Participant deferral / active EE
$0
median $81
Employer contribution / active EE
$9,734
median $4,047
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
13.70%
median 9.49%
Overall peer rank
57th percentileavg across 6 metrics

Analytics

2016 - 2025
Total assets (EOY)
Plan-year ending balance
$27.44B
Average account balance
Total assets / participants with a balance (line 6g)
$118K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
128,792
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$1.25B
Contributions per participant
Average employer and participant contribution per enrolled participant
$12K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+11.35%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 50 by compensation
ProviderService typeCompensation
Service code 28 · EIN 04-0320030
Investment Management
$2,264,385
Service code 28 · EIN 30-0596331
Investment Management
$2,045,015
Service code 51 · EIN 81-4017137
Investment Mgmt Fees
$1,374,053
Service code 27 · EIN 36-3109421
Advisory (Plan)
$1,134,378
Service code 28 · EIN 46-3651540
Investment Management
$1,073,670
Service code 28 · EIN 33-0629048
Investment Management
$920,104
DODGE & COX6+ years
Service code 28 · EIN 94-1441076
Investment Management
$870,680
Service code 19 · EIN 13-5160382
Securities Custodian
$854,707
Service code 28 · EIN 13-3959209
Investment Management
$803,811
Service code 28 · EIN 04-2929221
Investment Management
$678,209

Enrolled actuary

1 attachment
MB

JONATHAN M. FELDMAN

HORIZON ACTUARIAL SERVICES, LLC
Enrollment #2006980
8601 GEORGIA AVENUE, SUITE 700
SILVER SPRING, MD 20910
(240) 247-4600
Signed 2021-10-25

Reportable transactions (Schedule G)

4 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
LEHMAN BROTHERS HOLDINGS, INC
277 PARK AVENUE
NEW YORK, NY 10172
Part 1
Loan in default
LEHMAN BROTHERS HOLDINGS, INC
277 PARK AVENUE
NEW YORK, NY 10172
Part 1
Loan in default
1839688 ALBERTA ULC
Part 1
Loan in default
LATAM FINANCE LTD

Top hat statement on fileNQDC

Filed December 16, 1994

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Plan features & details

Pension benefit codes1A
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$38.4M
$403 / participant
  • Investment mgmt$17M43.5%
  • Other / not subdivided$22M56.5%
% of EOY assets
0.171%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CALIBRE CPA GROUP, PLLC
Auditor EIN
470900880
Audit fees
(not subdivided)
Opinion code
Unqualified