DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Taft-Hartley plan

Massachusetts Laborers' Pension Fund

Taft-Hartley planBurlington, MA
Assets
$2.5B
Total assets, Dec 31, 2024 reported
Funded
94.7%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
53
none on the tape
Plan sponsor: Board of Trustees of Massachusetts Laborers' Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.4%
  • Non-interest-bearing cash 1.7%
  • Corporate debt instruments (other) 4.8%
  • Corporate debt instruments (preferred) 0.7%
  • U.S. Government securities 2.7%
  • Other loans 0.1%
  • Partnership/joint venture interests 32.6%
  • 103-12 investment entities 6.6%
  • Common/collective trusts 36.8%
  • Pooled separate accounts 1.1%
  • Registered investment companies 4.0%
  • Common stock 7.4%
  • Preferred stock 0.0%
  • Real estate (other than employer real property) 0.3%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
10 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
53 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024GQG Partners Emerging Markets Equitcollective trustReliance Trust CompanyPublic equity$23.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Rhumbline Large Cap Growth Pooledcollective trustRhumbline Advisors CorpPublic equity$98.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Daily Msci Emg Mkts Indx Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$14.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$179M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024State Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$46.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$85.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$14.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$63.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Short Term Governmentcollective trustState Street Global Advisors TrustCash$128M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Aggregate Bond Index Nl Fundcollective trustState Street - Russell 2000Fixed income$97.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024US Treasury Inflation Protected Seccollective trustState Street Global Advisors Trust CompanyFixed income$88.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ssga US Tips Index Nl Fundcollective trustState Street - Russell 2000Fixed income$85.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Emerging Markets Equity Group Trust103 12 ieLazard Asset Management SecuritiesPublic equity$24.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$44.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Rhumbline Qsi Index LLC103 12 ieRhumblinePooled vehicles$76.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$19.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$12.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Union Labor Life Ins. Sep. Acc. Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$15.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023GQG Partners Emerging Markets Equitcollective trustReliance Trust CompanyPublic equity$21.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Rhumbline Large Cap Growth Pooledcollective trustRhumbline Advisors CorpPublic equity$88.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Daily Msci Emg Mkts Indx Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$13.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$206M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023State Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$66.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$91.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$12.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$44.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023US Short Term Governmentcollective trustState Street Global Advisors TrustCash$122M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023US Aggregate Bond Index Nl Fundcollective trustState Street - Russell 2000Fixed income$94.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Emerging Markets Equity Group Trust103 12 ieLazard Asset Management SecuritiesPublic equity$22.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$41.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Rhumbline Qsi Index LLC103 12 ieRhumblinePooled vehicles$102M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Senior Floating Rate Fund LLC103 12 ieLoomis Sayles and Company, L.P.Pooled vehicles$35.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$18.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$14.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Union Labor Life Ins. Sep. Acc. Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$13.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023US Treasury Inflation Protected Seccollective trustState Street Global Advisors Trust CompanyFixed income$84.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ssga US Tips Index Nl Fundcollective trustState Street - Russell 2000Fixed income$83.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Msci Eafe Index Non-Lecollective trustState Street - Russell 2000Pooled vehicles$119M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022US Aggregate Bond Index Nl Fundcollective trustState Street - Russell 2000Fixed income$110M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Rhumbline Large Cap Growth Pooledcollective trustRhumbline Advisors CorpPublic equity$88.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Russell 2000 Index Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$10.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022GQG Partners Emerging Markets Equitcollective trustReliance Trust CompanyPublic equity$28.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Iridian Value Opportunity Citcollective trustSEI Trust CompanyPooled vehicles$45.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022S&p 500 Flagship Nl Fundcollective trustState Street - Russell 2000Pooled vehicles$14.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022State Street Passive Emerging Markecollective trustState Street Global Advisors Trust CompanyPooled vehicles$58.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$16.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Prisaseparate accountPrudential Insurance Company of AmePooled vehicles$15.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Union Labor Life Ins. Sep. Acc. Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$14.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Aberdeen Emerging Markets Equity Fd103 12 ieAberdeenPublic equity$65.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Emerging Markets Equity Group Trust103 12 ieLazard Asset Management SecuritiesPublic equity$25.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Senior Floating Rate Fund LLC103 12 ieLoomis Sayles and Company, L.P.Pooled vehicles$31.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NCS Group Trust - Global Fund103 12 ieWalter Scott NcsPooled vehicles$62.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Rhumbline Qsi Index LLC103 12 ieRhumblinePooled vehicles$86.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$2.5B Dec 31, 2024 reported Form 5500
$2.3B (2023-12) · $2.1B (2022-12)
Plan assets
$2.3B Jan 1, 2024 reported Form 5500
$2.1B (2023-01) · $2.3B (2022-01)
Net assets
$2.5B Dec 31, 2024 reported Form 5500
$2.3B (2023-12) · $2.1B (2022-12)
Funded ratio
94.7% Jan 1, 2024 reported Form 5500
91.3% (2023-01) · 89.1% (2022-01)
Participants
22,287 Jan 1, 2024 reported Form 5500
21,975 (2023-01) · 21,596 (2022-01)
Contributions
$154M Dec 31, 2024 reported Form 5500
$153M (2023-12) · $147M (2022-12)
Benefits paid
$142M Dec 31, 2024 reported Form 5500
$136M (2023-12) · $139M (2022-12)
Net investment income
$164M Dec 31, 2024 reported Form 5500
$246M (2023-12) · $-200M (2022-12)
Investment management fees
$3.1M Dec 31, 2024 reported Form 5500
$3.7M (2023-12) · $4.7M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202422,287n/an/an/a$2.5B$819Mn/a$6.6M
2023 to Dec 31, 202321,975n/an/an/a$2.3B$710Mn/a$6.2M
2022 to Dec 31, 202221,596n/an/an/a$2.1B$573Mn/a$5.5M
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • Meketa Investment Group codes 27 50 $565,500 PY2024
  • Artisan Partners LP codes 28 51 52 68 $472,115 PY2024
  • Alliance Bernstein LP codes 28 51 52 68 $453,925 PY2024
  • State Street Bank & Trust Co codes 18 19 50 $417,426 PY2024
  • The Segal Company (eastern States) codes 11 50 $344,710 PY2024
  • Franklin Park Associates LLC codes 27 50 $300,000 PY2024
  • Walter Scott & Partners Limited codes 28 51 $299,902 PY2024
  • State Street Global Advisors Trust codes 18 19 51 52 99 $294,991 PY2024
  • Longfellow Investment Management Co codes 28 51 $244,659 PY2024
  • Schultheis & Panettieri LLP codes 10 50 $196,226 PY2024
  • Segal Roitman LLP codes 29 50 $164,478 PY2024
  • Lazard Asset Management LLC codes 28 51 52 68 71 $158,393 PY2024
  • Employee a codes 30 50 $109,269 PY2024
  • Cmit Solutions codes 49 50 $93,220 PY2024
  • Employee B codes 30 50 $88,920 PY2024
  • Bridgeway Benefit Technologies codes 49 50 $80,162 PY2024
  • O'Reilly Grosso Gross & Jones PC codes 29 50 $78,000 PY2024
  • Corrente Law Corp codes 29 50 $78,000 PY2024
  • Employee C codes 30 50 $75,161 PY2024
  • Prudential Insurance Co codes 28 51 52 $69,670 PY2024
  • Employee D codes 30 50 $62,989 PY2024
  • Employee E codes 30 50 $57,367 PY2024
  • 617 Media Group codes 49 50 $49,462 PY2024
  • Employee F codes 30 50 $48,732 PY2024
  • Employee G codes 30 50 $48,587 PY2024
  • Employee H codes 30 50 $48,576 PY2024
  • Employee I codes 30 50 $40,109 PY2024
  • Employee J codes 30 50 $39,285 PY2024
  • Employee K codes 30 50 $38,377 PY2024
  • Rhumbline Advisers LP codes 28 51 $38,309 PY2024
  • Employee L codes 30 50 $38,058 PY2024
  • Employee M codes 30 50 $30,999 PY2024
  • Employee N codes 30 50 $30,405 PY2024
  • Employee O codes 30 50 $30,203 PY2024
  • Employee P codes 30 50 $26,656 PY2024
  • Employee Q codes 30 50 $26,480 PY2024
  • Employee R codes 30 50 $25,671 PY2024
  • Employee S codes 30 50 $25,354 PY2024
  • Loomis Sayles & Company codes 28 51 $13,819 PY2024
  • Proxyvote Holdings Plus LLC codes 50 72 $10,000 PY2024
  • Green Cities IV LP codes 28 51 $8,000 PY2024
  • Konica Minolta Premier codes 49 50 $7,358 PY2024
  • Rankin & Sultan codes 29 50 $5,815 PY2024
  • Robert Half codes 49 70 99 $5,308 PY2024
  • Mark Friedman codes 49 99 $5,250 PY2024
  • Union Labor Life Insurance Co codes 28 51 52 72 PY2024
  • Segal Select Insurance Services codes 22 53 PY2024
  • SS US Tips Index Nl Fund Sched. D C $85.3M PY2024
  • Rhumbline Qsi Index LLC Sched. D E $76.9M PY2024
  • Senior Floating Rate Fund LLC Sched. D E PY2024
  • Ullico Infrastructure Tax Exempt Fu Sched. D E $19.4M PY2024
  • Prisa Sa Sched. D P $12.6M PY2024
  • Union Labor Life Ins Co Sep Act W1 Sched. D P $15.9M PY2024
  • GQG Partners Emerg Markets Eq Cit Sched. D C $23.1M PY2024
  • Rhumbline Lrg Cap Grw Pooled Idx T Sched. D C $98.3M PY2024
  • SS Daily Msci Emg Mkts Indx Nl Fund Sched. D C $14.8M PY2024
  • SS Msci Eafe Index Nl Fund Sched. D C $179M PY2024
  • SS Passive Emerg Mkts Lcl Cur Bd Nl Sched. D C $46.0M PY2024
  • SS Russell 1000 (r) Value Indx Nl Sched. D C $85.0M PY2024
  • SS Russell 2000(r) Index Nl Fund Sched. D C $14.1M PY2024
  • SS S&p(r) 500 Flagship Nl Fund Sched. D C $63.9M PY2024
  • SS U.S Short Term Goverment Credit Sched. D C $128M PY2024
  • SS US Agg Bond Index Nl Fund Sched. D C $97.6M PY2024
  • SS US Tips 0-5 Years Index Nl Ct Fd Sched. D C $88.4M PY2024
  • NCS Group Trust - Global Fund Sched. D E $44.3M PY2024
  • Emerg Markets Equity Group Trust Sched. D E $24.7M PY2024
  • Segal codes 11 PY2024
  • Meketa Investment Group codes 27 50 $557,250 PY2023
  • Lazard Asset Management LLC codes 28 51 52 68 71 $489,478 PY2023
  • State Street Bank & Trust Co codes 18 19 50 $449,197 PY2023
  • Artisan Partners LP codes 28 51 52 68 $405,446 PY2023
  • The Segal (eastern States) Inc codes 11 50 $384,842 PY2023
  • Alliance Bernstein LP codes 28 51 52 68 $367,435 PY2023
  • Wellington Management Company LLP codes 28 51 52 68 $317,732 PY2023
  • Walter Scott & Partners Limited codes 28 51 $302,152 PY2023
  • Franklin Park Associates LLC codes 27 50 $300,000 PY2023
  • State Street Global Advisors Trust codes 18 19 51 52 99 $252,940 PY2023
  • Segal Roitman LLP codes 29 50 $177,490 PY2023
  • Schultheis & Panettieri LLP codes 10 50 $174,000 PY2023
  • Loomis Sayles & Company codes 28 51 $158,421 PY2023
What changed
16 events
  • Dec 31, 2024Holding endedinference
    Massachusetts Laborers' Pension Fund no longer reports Senior Floating Rate Fund LLC (last held $35M at 2023-12-31; absent from the 2024-12-31 filing)
    with Senior Floating Rate Fund LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Abrdn Inc no longer appears on Massachusetts Laborers' Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Aberdeen Asset Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Wellington Management Company LLP no longer appears on Massachusetts Laborers' Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Wellington Managementaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Massachusetts Laborers' Pension Fund funded ratio 91.3% -> 94.7% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    Massachusetts Laborers' Pension Fund plan assets $2.1B -> $2.3B (+11.9%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Massachusetts Laborers' Pension Fund first reports an interest in Ssga Russell 1000 Index Nl Fund (State Street Global Advisors Trust): $91M at 2023-12-31
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Massachusetts Laborers' Pension Fund first reports an interest in US Treasury Inflation Protected Sec: $84M at 2023-12-31
    with US Treasury Inflation Protected Secaskebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Massachusetts Laborers' Pension Fund no longer reports Iridian Value Opportunity Cit (last held $45M at 2022-12-31; absent from the 2023-12-31 filing)
    with Iridian Value Opportunity Citaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Massachusetts Laborers' Pension Fund first reports an interest in Daily Msci Emg Mkts Indx Nl Fund (State Street - Russell 2000): $14M at 2023-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Holding started
    Massachusetts Laborers' Pension Fund first reports an interest in Ssga US Tips Index Nl Fund (State Street - Russell 2000): $84M at 2023-12-31
    with State Street - Russell 2000askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Massachusetts Laborers' Pension Fund no longer reports Aberdeen Emerging Markets Equity Fd (Aberdeen) (last held $66M at 2022-12-31; absent from the 2023-12-31 filing)
    with Aberdeenaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Massachusetts Laborers' Pension Fund first reports an interest in US Short Term Government (State Street Global Advisors Trust): $122M at 2023-12-31
    with State Street Global Advisors Trustaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    State Street Bank & Trust Co. no longer appears on Massachusetts Laborers' Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with State Street Bank & Trust Companyaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    Green Cities IV LP appears on Massachusetts Laborers' Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Green Cities IV LPaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    Massachusetts Laborers' Pension Fund total assets $2.1B -> $2.3B (+11.6%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Massachusetts Laborers' Pension Fund funded ratio 89.1% -> 91.3% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 046128298-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.