Retirement plan

ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST FUND

Name: ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND - ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST FUND (2024) Form 5500
Creator: ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST FUND, ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUND

ELECTRICAL WORKERS LOCAL NO 26 PENSION TRUST FUNDEIN 52-6117919Plan #001PY 2024

10003 DEREKWOOD LANE, SUITE 130 - LANHAM, MD 207064811301-731-1050

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1042.3M

-2.8% from 2016

Total participants

13,539

-2.5% from 2016

Average account balance

No prior year

Annual return

8.63%

-4.37 pp from 2016

Benchmarks

See 186 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants5,000-9,999

Cohort186 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04B

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

4,927

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

$83.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+8.63%

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 22 by compensation

Provider	Service type	Compensation
ELECTRICAL WELFARE TRUST FUND10+ years Service code 13 · EIN 52-6038507	Contract Administrator	$804,631
INDEPENDENT FINANCIAL PARTNERS10+ years Filed as: SIERRA INVESTMENT PARTNERS, INC Service code 51 · EIN 68-0370668	Investment Mgmt Fees	$633,526
WEDGE CAPITAL MANAGEMENT10+ years Filed as: WEDGE CAPITAL Service code 51 · EIN 56-1557450	Investment Mgmt Fees	$472,327
INTERCONTINENTAL REAL ESTATE CORP2 years Service code 51 · EIN 04-2895544	Investment Mgmt Fees	$461,268
INTECH INVESTMENT MANAGEMENT LLC10+ years Filed as: JANUS CAPITAL MANAGEMENT LLC Service code 51 · EIN 75-3019302	Investment Mgmt Fees	$403,028
HAMILTON LANE ADVISORS, LLC2 years Filed as: HAMILTON LANE ADVISORS LLC Service code 52 · EIN 23-2962336	Indirect Investment Fees	$364,500
THE BANK OF NEW YORK MELLON1 year Service code 19 · EIN 13-5160382	Securities Custodian	$281,788
HARDMAN JOHNSTON GLOBAL ADVISORS4 years Service code 51 · EIN 13-3257590	Investment Mgmt Fees	$272,984
INDEPENDENT FINANCIAL PARTNERS5 years Filed as: CHARTWELL INVESTMENT PARTNERS, INC. Service code 51 · EIN 36-4776242	Investment Mgmt Fees	$264,475
GCM GROSVENOR1 year Filed as: GCM GROSVENOR L.P. Service code 50 · EIN 20-3979494	Direct Payment	$254,391

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6.8M

$787 / participant

Trustee / custodial$282K4.2%
Investment mgmt$4M64.5%
Legal$213K3.1%
Actuarial$163K2.4%
Contract admin$805K11.9%
Other / not subdivided$943K13.9%

% of EOY assets

0.651%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SARFINO AND RHOADES, LLP
Auditor EIN: 520961657
Audit fees: $122,170
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,416-100.0%

Participation rate

0.0%

0.0%0pp

32.7%-32.7pp

0.0%0pp

Annual return

8.63%

8.48%+0.1pp

8.10%+0.5pp

8.48%+0.1pp

Employer contribution / active EE

$9,703

$9,949-2.5%

$28,649-66.1%

$9,949-2.5%

Participant deferral / active EE

$734-100.0%

$10-100.0%

$734-100.0%

Admin fee / account holder

$60,136-100.0%

Provider

Service type

Compensation

ELECTRICAL WELFARE TRUST FUND10+ years

Service code 13 · EIN 52-6038507

Contract Administrator

$804,631

INDEPENDENT FINANCIAL PARTNERS10+ years

Filed as: SIERRA INVESTMENT PARTNERS, INC

Service code 51 · EIN 68-0370668

Investment Mgmt Fees

$633,526

WEDGE CAPITAL MANAGEMENT10+ years

Filed as: WEDGE CAPITAL

Service code 51 · EIN 56-1557450

Investment Mgmt Fees

$472,327

INTERCONTINENTAL REAL ESTATE CORP2 years

Service code 51 · EIN 04-2895544

Investment Mgmt Fees

$461,268

INTECH INVESTMENT MANAGEMENT LLC10+ years

Filed as: JANUS CAPITAL MANAGEMENT LLC

Service code 51 · EIN 75-3019302

Investment Mgmt Fees

$403,028

HAMILTON LANE ADVISORS, LLC2 years

Filed as: HAMILTON LANE ADVISORS LLC

Service code 52 · EIN 23-2962336

Indirect Investment Fees

$364,500

THE BANK OF NEW YORK MELLON1 year

Service code 19 · EIN 13-5160382

Securities Custodian

$281,788

HARDMAN JOHNSTON GLOBAL ADVISORS4 years

Service code 51 · EIN 13-3257590

Investment Mgmt Fees

$272,984

INDEPENDENT FINANCIAL PARTNERS5 years

Filed as: CHARTWELL INVESTMENT PARTNERS, INC.

Service code 51 · EIN 36-4776242

Investment Mgmt Fees

$264,475

GCM GROSVENOR1 year

Filed as: GCM GROSVENOR L.P.

Service code 50 · EIN 20-3979494

Direct Payment

$254,391

ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELECTRICAL WORKERS LOCAL NO. 26 PENSION TRUST 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