Retirement plan

N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND

Name: BD OF TRUSTEES -N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND - N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND (2025) Form 5500
Creator: BD OF TRUSTEES -N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND, BD OF TRUSTEES -N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND

BD OF TRUSTEES -N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUNDEIN 06-6152969Plan #001PY 2025

C/O SOLXSYS ADMIN. SOLUTIONS, LLC, 321 RESEARCH PARKWAY, SUITE 110 - MERIDEN, CT 06450925-268-9260LinkedIn501-1000 employeesconstruction

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$84.8M

+5.4% from 2024

Total participants

979

+5.6% from 2024

Average account balance

No prior year

Annual return

6.71%

-1.29 pp from 2024

Benchmarks

See 120 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants250-999

Cohort120 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$84.84M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$87K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

571

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.71%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
MEKETA INVESTMENT GROUP9 years Filed as: MEKETA INVESTMENT GROUP LLP Service code 17 · EIN 04-2659023	Pension Consulting	$68,125
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ INC Service code 11 · EIN 22-2769024	Actuarial	$61,968
IFM INVESTORS PTY LTD6 years Filed as: IFM INVESTORS, LLC Service code 28 114 WEST 47TH STREET, 26TH FL · NEW YORK, NY 10036	Investment Management	$61,853
HARBOURVEST PARTNERS LP6 years Filed as: HARBORVEST PARTNERS, LLC Service code 28 · EIN 04-3335829	Investment Management	$56,610
RCP ADVISORS 2, LLC8 years Service code 28 · EIN 45-5510695	Investment Management	$56,400
SOLXSYS ADMINISTRATIVE SOLUTIONS1 year Filed as: SOLXSYS ADMIN SOLUTIONS, LLC Service code 13 321 RESEARCH PARKWAY, STE 110 · MERIDIEN, CT 06450	Contract Administrator	$54,700
BAIRD FUNDS8 years Filed as: ROBERT CHEVERIE & ASSOC. Service code 29 · EIN 06-1335139	Legal	$50,000
NATIONAL REAL ESTATE ADVISORS, LLC8 years Service code 28 · EIN 26-2237421	Investment Management	$44,556
UBS FINANCIAL SERVICES INC8 years Filed as: UBS REALTY INVESTORS LLC Service code 28 · EIN 06-1452020	Investment Management	$42,005
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL CUSTODY SOLUTIONS Service code 19 · EIN 42-1520346	Securities Custodian	$26,777

Enrolled actuary

1 attachment

Free accounts unlock saves, downloads, and 3-year history.

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

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

$670K

$1642 / participant

Recordkeeping$12K1.7%
Trustee / custodial$27K4.0%
Investment mgmt$360K53.8%
Legal$50K7.5%
Actuarial$62K9.2%
Other trustee fees$4450.1%
Contract admin$81K12.0%
Other / not subdivided$78K11.7%

% of EOY assets

0.790%

all-in expense ratio

Categories reported

7 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: NOVAK FRANCELLA, LLC
Auditor EIN: 611436956
Audit fees: $14,550
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$141,811-100.0%

Participation rate

0.0%

0.0%0pp

15.2%-15.2pp

0.0%0pp

Annual return

6.71%

8.65%-1.9pp

9.03%-2.3pp

10.20%-3.5pp

Employer contribution / active EE

$14,196

$14,388-1.3%

$26,284-46.0%

$15,145-6.3%

Participant deferral / active EE

$2,028-100.0%

$1-100.0%

$2,028-100.0%

Admin fee / account holder

$940-100.0%

Provider

Service type

Compensation

MEKETA INVESTMENT GROUP9 years

Filed as: MEKETA INVESTMENT GROUP LLP

Service code 17 · EIN 04-2659023

Pension Consulting

$68,125

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ INC

Service code 11 · EIN 22-2769024

Actuarial

$61,968

IFM INVESTORS PTY LTD6 years

Filed as: IFM INVESTORS, LLC

Service code 28

114 WEST 47TH STREET, 26TH FL · NEW YORK, NY 10036

Investment Management

$61,853

HARBOURVEST PARTNERS LP6 years

Filed as: HARBORVEST PARTNERS, LLC

Service code 28 · EIN 04-3335829

Investment Management

$56,610

RCP ADVISORS 2, LLC8 years

Service code 28 · EIN 45-5510695

Investment Management

$56,400

SOLXSYS ADMINISTRATIVE SOLUTIONS1 year

Filed as: SOLXSYS ADMIN SOLUTIONS, LLC

Service code 13

321 RESEARCH PARKWAY, STE 110 · MERIDIEN, CT 06450

Contract Administrator

$54,700

BAIRD FUNDS8 years

Filed as: ROBERT CHEVERIE & ASSOC.

Service code 29 · EIN 06-1335139

Legal

$50,000

NATIONAL REAL ESTATE ADVISORS, LLC8 years

Service code 28 · EIN 26-2237421

Investment Management

$44,556

UBS FINANCIAL SERVICES INC8 years

Filed as: UBS REALTY INVESTORS LLC

Service code 28 · EIN 06-1452020

Investment Management

$42,005

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL CUSTODY SOLUTIONS

Service code 19 · EIN 42-1520346

Securities Custodian

$26,777

N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

N.E.C.A.-I.B.E.W. LOCAL UNION NO. 35 PENSION FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion