Back to top

American Federation of State, County and Municipal Employees

Plan Rating

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan04/01/1966
  • Net Assets as of 12/31/2014 $1,178,355,858
  • Plan Number1
  • Plan Type Multiple Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program? No
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants1,910
  • Retired or separated participants receiving benefits1,305
  • Other retired or separated participants entitled to future benefits642
  • Subtotal3,857
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits122
  • Total3,979
  • Total number of participants as of 01/01/20143,912
  • Number of participants with account balances0
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested49

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address1625 L St., N.W.
  • CityWashington
  • StateDC
  • Zip20036-5687
  • Telephone(202) 429-1000
  • EIN53-0237789
  • Industry Code813930
  • Named AdministratorCharles J. Jurgonis

Plan Administrator Information

  • Administrator NamePension Committee of The Afscme Employees Pension Plan
  • Address1625 L St., N.W.
  • CityWashington
  • StateDC
  • Zip20036-5687
  • Telephone(202) 429-1000
  • Administrator EIN39-6038352

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Abel / Noser Corp.
  • Asb Capital Management LLC
  • Channing Capital Management, LLC

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Pzena Investment Management, LLC Investment management, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Soft dollars commissions, Securities brokerage commissions and fees NONE $761,421 $0 $761,421
Boston Company Asset Management,LLC Investment management, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan NONE $681,100 $0 $681,100
Winslow Capital Management, LLC Investment management, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Soft dollars commissions NONE $672,599 $0 $672,599
Standish Mellon Asset Mgmt, LLC Investment management, Investment management fees paid directly by plan NONE $521,532 $0 $521,532
Channing Capital Management, LLC Trustee (bank, trust company, or similar financial institution), Investment management, Investment management fees paid directly by plan NONE $518,269 $0 $518,269
Richmond Capital Management Investment management, Investment management fees paid directly by plan NONE $413,771 $0 $413,771
William M. Mercer, Inc. Actuarial, Direct payment from the plan NONE $306,330 $0 $306,330
State Street Bank & Trust Company Trustee (directed), Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Other fees NONE $263,469 $0 $263,469
Afscme Contract Administrator, Direct payment from the plan Related Labor Union $228,888 $0 $228,888
Mercer Investment Consulting, Inc. Investment advisory (plan), Direct payment from the plan NONE $85,402 $0 $85,402
Bond Beebe, P.C. Accounting (including auditing), Direct payment from the plan NONE $44,269 $0 $44,269
Institutional Shareholder Services Consulting (general), Direct payment from the plan NONE $14,805 $0 $14,805
Bredhoff & Kaiser, PLLC Legal, Direct payment from the plan NONE $14,331 $0 $14,331
State Street Global Advisors Investment management, Investment management fees paid directly by plan NONE $13,288 $0 $13,288
Mclaughlin Insurance Co. Insurance agents and brokers, Insurance brokerage commissions and fees NONE $0 $7,326 $7,326
Total $4,539,474 $7,326 $4,546,800

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Afl-Cio Equity Index Fund Chevy Chase Trust Company DFE: Common/Collective Trust $152,307,117
Total $152,307,117

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.