Asbestos Workers Local Union No 55 Pension Plan
Taft-Hartley plan, based in Mobile, Alabama, reporting $14.6M in assets, for 247 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 1 Jan 2024, Asbestos Workers Local Union No 55 Pension Plan funded ratio 98.2% -> 104.6% (2023-01-01 to 2024-01-01).
2 more advisers
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Relationship network
11 connected entities
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
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- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- Interest-bearing cash 4.7%
- Non-interest-bearing cash 0.3%
- Corporate debt instruments (other) 20.0%
- Common stock 73.4%
Consultants and advisers
- Osborn, Carreiro and Asscoiates Inc Actuarythrough Dec 31, 2024 Form 5500
- Highland Capital Management Trusteethrough Dec 31, 2022 Form 5500
- Osborne Carriero & Associates Actuarythrough Dec 31, 2022 Form 5500
+2 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
What changed
- Jan 1, 2024Funded status changedAsbestos Workers Local Union No 55 Pension Plan funded ratio 98.2% -> 104.6% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedAsbestos Workers Local Union No 55 Pension Plan plan assets $12M -> $14M (+11.8%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Assets changedAsbestos Workers Local Union No 55 Pension Plan total assets $12M -> $14M (+11.6%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedAsbestos Workers Local Union No 55 Pension Plan funded ratio 94.7% -> 98.2% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedAsbestos Workers Local Union No 55 Pension Plan plan assets $15M -> $12M (-20.3%, 2022-01-01 to 2023-01-01)
Commitments
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 247 | Not disclosed | Not disclosed | n/a | $14.6M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 250 | Not disclosed | Not disclosed | n/a | $13.7M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 254 | Not disclosed | Not disclosed | n/a | $12.3M | Not disclosed | Not disclosed | Not disclosed |
- Highland Capital Management codes 21 $46,650 PY2024
- Wells Fargo codes 21 $45,616 PY2024
- Osborn, Carreiro & Associates codes 11 $18,000 PY2024
+19 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Not yet on record: fund commitments, managers.
Record history
- Funded status changed2024-01-01source on record
- Total assets changed2024-01-01source on record
- Total assets changed2023-12-31source on record
+2 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+6 connections on the graph
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