Retirement plan

PENSION AND RETIREMENT PLAN OF PLUMBERS AND PIPEFITTERS UNION LOCAL 525

Name: JOINT GOV. COMM. PLUMBERS AND PIPEFITTERS LOCAL UNION NO. 525 - PENSION AND RETIREMENT PLAN OF PLUMBERS AND PIPEFITTERS UNION LOCAL 525 (2025) Form 5500
Creator: JOINT GOV. COMM. PLUMBERS AND PIPEFITTERS LOCAL UNION NO. 525
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENSION AND RETIREMENT PLAN OF PLUMBERS AND PIPEFITTERS UNION LOCAL 525, JOINT GOV. COMM. PLUMBERS AND PIPEFITTERS LOCAL UNION NO. 525

JOINT GOV. COMM. PLUMBERS AND PIPEFITTERS LOCAL UNION NO. 525EIN 88-6003864Plan #001PY 2025

8311 WEST SUNSET RD. #250 - LAS VEGAS, NV 89113702-415-2180LinkedIn1-10 employeesindividual & family services

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$455.4M

-7.8% from 2017

Total participants

3,727

+8.7% from 2017

Average account balance

No prior year

Annual return

9.52%

-11.47 pp from 2017

Benchmarks

See 62 peers

Peer group

Industry23 - Construction

Plan typeDefined benefit

Participants1,000-4,999

Cohort62 peers

Snapshot2025

Participant deferral / active EE

median $133

Employer contribution / active EE

$19,096

median $14,542

Participation rate

0.0%

median 0.0%

Avg account balance

Admin fee / account holder

Annual return

9.52%

median 8.76%

Overall peer rank

71of 100

71st percentileavg across 6 metrics

Analytics

2016 - 2025

Total assets (EOY)

Plan-year ending balance

$455.39M

Average account balance

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

$122K

Participants with account balance

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

2,214

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

$28.89M

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.52%

Admin fee / account holder

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

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 14 by compensation

Provider	Service type	Compensation
RUBINBROWN LLP9 years Service code 10 · EIN 43-0765316 10801 W CHARLESTON BLVD SUITE 300 · LAS VEGAS, NV 89135	Accounting	$449,394
AMERICAN REALTY ADVISORS5 years Filed as: AMERICAN REALTY ADVISORS, LLC Service code 51 · EIN 33-0123114 515 S. FLOWER ST., 49TH FLOOR · LOS ANGELES, CA 90071	Investment Mgmt Fees	$390,199
BROWNSTEIN HYATT FARBER SCHRECK LLP10+ years Service code 29 · EIN 26-1367865 100 NORTH CITY PARKWAY, SUITE 1600 · LAS VEGAS, NV 891064614	Legal	$339,252
BENESYS, INC.10+ years Filed as: BENESYS ADMINISTRATORS Service code 13 · EIN 38-2383171 700 TOWER DRIVE, SUITE 300 · TROY, MI 48098	Contract Administrator	$253,355
NIS6 years Filed as: NIS OF AMERICA, LLC Service code 51 · EIN 84-3937993 777 E WISCONSIN AVENUE, SUITE 2350 · MILWAUKEE, WI 532023110	Investment Mgmt Fees	$205,485
CHEIRON8 years Filed as: CHEIRON, INC. Service code 11 · EIN 13-4215617 201 LOMAS SANTA FE, SUITE 400 · SOLANA BEACH, CA 92075	Actuarial	$161,126
BARON CAPITAL MANAGEMENT6 years Filed as: BARON CAPITAL MANAGEMENT, INC. Service code 51 · EIN 13-3390015 767 FIFTH AVENUE, 49TH FL. · NEW YORK, NY 10153	Investment Mgmt Fees	$124,761
NEW ENGLAND PENSION CONSULTANTS10+ years Service code 27 · EIN 26-1429809 225 FRANKLIN STREET, 29TH FLOOR · BOSTON, MA 02110	Advisory (Plan)	$76,794
UNION INSURANCE GROUP1 year Service code 53 · EIN 36-4226088 303 W ERIE ST, STE 310 · CHICAGO, IL 60654	Insurance Commissions	$63,088
MIDWEST INSTITUTIONAL TRUST COMPANY1 year Service code 19 · EIN 93-1799133 5901 COLLEGE BLVD, SUITE 100 · OVERLAND PARK, KS 66211	Securities Custodian	$51,142

Enrolled actuary

1 attachment

ROBERT F. BUSEY

CHEIRON, INC.

Enrollment #2607875

201 LOMAS SANTA FE DR. SUITE 400

SOLANA BEACH, CA 92075

(877) 243-4766

Signed 2026-04-09

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

$3.1M

$2017 / participant

Recordkeeping$402K13.2%
Trustee / custodial$68K2.2%
Investment mgmt$1M46.9%
Legal$339K11.1%
Actuarial$161K5.3%
Other trustee fees$10K0.3%
Contract admin$229K7.5%
Other / not subdivided$409K13.4%

% of EOY assets

0.670%

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: RUBINBROWN LLP
Auditor EIN: 430765316
Audit fees: $46,975
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,130-100.0%

Participation rate

0.0%

0.0%0pp

12.5%-12.5pp

0.0%0pp

Annual return

9.52%

10.08%-0.6pp

8.99%+0.5pp

8.88%+0.6pp

Employer contribution / active EE

$19,096

$15,398+24.0%

$25,171-24.1%

$15,934+19.8%

Participant deferral / active EE

$133-100.0%

$1-100.0%

$753-100.0%

Admin fee / account holder

$1,134-100.0%

Provider

Service type

Compensation

RUBINBROWN LLP9 years

Service code 10 · EIN 43-0765316

10801 W CHARLESTON BLVD SUITE 300 · LAS VEGAS, NV 89135

Accounting

$449,394

AMERICAN REALTY ADVISORS5 years

Filed as: AMERICAN REALTY ADVISORS, LLC

Service code 51 · EIN 33-0123114

515 S. FLOWER ST., 49TH FLOOR · LOS ANGELES, CA 90071

Investment Mgmt Fees

$390,199

BROWNSTEIN HYATT FARBER SCHRECK LLP10+ years

Service code 29 · EIN 26-1367865

100 NORTH CITY PARKWAY, SUITE 1600 · LAS VEGAS, NV 891064614

Legal

$339,252

BENESYS, INC.10+ years

Filed as: BENESYS ADMINISTRATORS

Service code 13 · EIN 38-2383171

700 TOWER DRIVE, SUITE 300 · TROY, MI 48098

Contract Administrator

$253,355

NIS6 years

Filed as: NIS OF AMERICA, LLC

Service code 51 · EIN 84-3937993

777 E WISCONSIN AVENUE, SUITE 2350 · MILWAUKEE, WI 532023110

Investment Mgmt Fees

$205,485

CHEIRON8 years

Filed as: CHEIRON, INC.

Service code 11 · EIN 13-4215617

201 LOMAS SANTA FE, SUITE 400 · SOLANA BEACH, CA 92075

Actuarial

$161,126

BARON CAPITAL MANAGEMENT6 years

Filed as: BARON CAPITAL MANAGEMENT, INC.

Service code 51 · EIN 13-3390015

767 FIFTH AVENUE, 49TH FL. · NEW YORK, NY 10153

Investment Mgmt Fees

$124,761

NEW ENGLAND PENSION CONSULTANTS10+ years

Service code 27 · EIN 26-1429809

225 FRANKLIN STREET, 29TH FLOOR · BOSTON, MA 02110

Advisory (Plan)

$76,794

UNION INSURANCE GROUP1 year

Service code 53 · EIN 36-4226088

303 W ERIE ST, STE 310 · CHICAGO, IL 60654

Insurance Commissions

$63,088

MIDWEST INSTITUTIONAL TRUST COMPANY1 year

Service code 19 · EIN 93-1799133

5901 COLLEGE BLVD, SUITE 100 · OVERLAND PARK, KS 66211

Securities Custodian

$51,142

PENSION AND RETIREMENT PLAN OF PLUMBERS AND PIPEFITTERS UNION LOCAL 525

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

ROBERT F. BUSEY

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENSION AND RETIREMENT PLAN OF PLUMBERS AND PIPEFITTERS UNION LOCAL 525

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

ROBERT F. BUSEY

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