2023 Form 5500 filing — Operating Engineers' Local 324 Pension Fund
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250217151809NAL0001924577001) for Operating Engineers' Local 324 Pension Fund, reported by Joint Board Of Trustees Operating Engineers Local 324 under EIN 38-1900637 and plan number 001. It reports 20,276 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250217151809NAL0001924577001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Joint Board Of Trustees Operating Engineers Local 324
- EIN
- 38-1900637
- Plan number
- 001
- Location
- Troy, MI
- Participants
- 20,276
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,819,108,171
- Total liabilities (EOY)
- $23,994,627
- Net assets (EOY)
- $1,795,113,544
- Employer contributions
- $175,165,166
- Total income / additions
- $348,676,711
- Benefits paid
- $165,652,505
- Administrative expenses
- $14,885,934
- Total expenses
- $180,538,439
- Net increase / (decrease)
- $168,138,272
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Permira Credit Solutions Managed Ac | NONE KNOWN | $1,018,891 | $0 |
| Earnest Partners, LLC | NONE KNOWN | $929,627 | $0 |
| Benefit Street Partners Senior Secu | NONE KNOWN | $700,649 | $0 |
| Asb Capital Management LLC | NONE KNOWN | $609,870 | not reported in the loaded dataset |
| National Investment Services Of Ame | NONE KNOWN | $543,874 | not reported in the loaded dataset |
| Invesco Private Cr Opp Fd Lp | NONE KNOWN | $483,848 | not reported in the loaded dataset |
| Solxsys Administrative Solutions | NONE KNOWN | $412,035 | not reported in the loaded dataset |
| Monomoy Capital Partners Aiv Iii Lp | NONE KNOWN | $400,192 | not reported in the loaded dataset |
| Sierra Investment Partners, Inc. | NONE KNOWN | $385,246 | not reported in the loaded dataset |
| Asher Kelly | NONE KNOWN | $349,590 | not reported in the loaded dataset |
| Nepc, LLC | NONE KNOWN | $334,873 | not reported in the loaded dataset |
| Crescent Capital | NONE KNOWN | $329,305 | not reported in the loaded dataset |
| Plante & Moran, Pllc | NONE KNOWN | $327,700 | not reported in the loaded dataset |
| Pemberton Evergreen Alt Credit Fd | NONE KNOWN | $323,549 | not reported in the loaded dataset |
| Loomis Sayles Trust Company | NONE KNOWN | $317,036 | not reported in the loaded dataset |
| Wacap O Real Estate Opp Fd Viii | NONE KNOWN | $311,391 | not reported in the loaded dataset |
| Stefansky, Holloway & Nichols, Inc. | NONE KNOWN | $290,207 | not reported in the loaded dataset |
| American Graphics Printing Co. | NONE KNOWN | $276,366 | not reported in the loaded dataset |
| Siguler Guff | NONE KNOWN | $235,684 | not reported in the loaded dataset |
| Novara Tesija Catenacci Mcdonald & | NONE KNOWN | $234,930 | not reported in the loaded dataset |
| Bpea Strategic Healthcare Ii Lp | NONE KNOWN | $228,279 | not reported in the loaded dataset |
| Blue Wolf Capital Partners | NONE KNOWN | $222,865 | $0 |
| Weisman, Young & Ruemenapp, P.C. | NONE KNOWN | $193,952 | not reported in the loaded dataset |
| Ullico Investment Advisors Inc. | NONE KNOWN | $189,152 | not reported in the loaded dataset |
| King Street Capital Management, Lp | NONE KNOWN | $179,830 | $0 |
| Adams Street Partners, LLC | NONE KNOWN | $173,931 | not reported in the loaded dataset |
| Horizon Actuarial Services, LLC | NONE KNOWN | $160,505 | not reported in the loaded dataset |
| North Sky Capital LLC | NONE KNOWN | $156,069 | not reported in the loaded dataset |
| Sterling United Properties I, L.P. | NONE KNOWN | $139,476 | not reported in the loaded dataset |
| Bny Mellon | NONE KNOWN | $128,061 | $0 |
| Axiom Investors, LLC | NONE KNOWN | $123,816 | $0 |
| Ares Commercial Real Estate Mgmt | NONE KNOWN | $118,949 | $0 |
| Washington Capital Management, Inc. | NONE KNOWN | $113,899 | not reported in the loaded dataset |
| Bpea Private Equity | NONE KNOWN | $101,450 | not reported in the loaded dataset |
| Angelo, Gordon & Co. | NONE KNOWN | $86,851 | not reported in the loaded dataset |
| Timothy Lalonde | EMPLOYEE | $85,039 | not reported in the loaded dataset |
| Bentallgreenoak | NONE KNOWN | $79,883 | not reported in the loaded dataset |
| Mesirow Financial Private Eq Vii Gp | NONE KNOWN | $75,000 | $0 |
| Chadwick Capanda | EMPLOYEE | $69,217 | not reported in the loaded dataset |
| Brian Ganton | EMPLOYEE | $68,187 | not reported in the loaded dataset |
| Alcentra European Credit Opp | NONE KNOWN | $64,353 | $0 |
| Brian Tatman | EMPLOYEE | $64,114 | not reported in the loaded dataset |
| Shavon M Bellia | EMPLOYEE | $62,946 | not reported in the loaded dataset |
| Kayne Anderson Capital Advisors, Lp | NONE KNOWN | $57,605 | $0 |
| Mesirow Financial Private Eq Viii G | NONE KNOWN | $57,450 | $0 |
| Mellon Capital | NONE KNOWN | $56,085 | not reported in the loaded dataset |
| Jenna Bak | EMPLOYEE | $49,522 | not reported in the loaded dataset |
| Taylor Young | EMPLOYEE | $40,135 | not reported in the loaded dataset |
| Michelle Kolar | EMPLOYEE | $39,468 | not reported in the loaded dataset |
| Stephanie Prior | EMPLOYEE | $34,527 | not reported in the loaded dataset |
| Ccmp Capital Investors Iii Lp | NONE KNOWN | $29,442 | not reported in the loaded dataset |
| Laura Turton | EMPLOYEE | $27,681 | not reported in the loaded dataset |
| Kristina Wade | EMPLOYEE | $27,525 | not reported in the loaded dataset |
| Lisa Lauzon | EMPLOYEE | $26,515 | not reported in the loaded dataset |
| Pension Benefit Information | NONE KNOWN | $24,348 | not reported in the loaded dataset |
| Zenwork, Inc. | NONE KNOWN | $23,066 | not reported in the loaded dataset |
| Michael Richard Roll | NONE KNOWN | $17,607 | not reported in the loaded dataset |
| Ngp Natural Resources X, L.P. | NONE KNOWN | $17,032 | $0 |
| Monroe Capital Management Advisors | NONE KNOWN | $17,031 | $0 |
| Entrust Global Partners Offshore Lp | NONE KNOWN | $12,229 | $0 |
| Tpg Opportunities Partners | NONE KNOWN | $11,047 | not reported in the loaded dataset |
| Maddin, Hauser, Roth & Heller | NONE KNOWN | $9,572 | not reported in the loaded dataset |
| Watkins, Pawlick, Calati & Prifti | NONE KNOWN | $7,419 | not reported in the loaded dataset |
| Corrigan Record Storage, LLC | NONE KNOWN | $6,666 | not reported in the loaded dataset |
| Jeffrey M. Lesser, P.C. | NONE KNOWN | $6,286 | not reported in the loaded dataset |
| Graphic Sciences, Inc. | NONE KNOWN | $5,736 | not reported in the loaded dataset |
| Grosvenor Capital Management, L.P. | NONE KNOWN | $2,324 | $0 |