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.
Corporate pension
New Development Holdings, LLC Union Retirement Plan
Corporate pensionHouston, TX
Assets
$26.5M
Total assets, Dec 31, 2023 reported
Funded
90.3%
Jan 1, 2023
Private markets target
n/a
policy Dec 31, 2023
Commitments
1
none on the tape
Plan sponsor: New Development Holdings, LLC
Allocation policy
Form 5500, as of Dec 31, 2023
Actual allocation lines without a target (as filed)
- Interest-bearing cash 0.1%
- Common/collective trusts 23.6%
- Registered investment companies 76.3%
Consultants and advisers
3 firms
- Aon Actuarythrough Dec 31, 2022 Form 5500
- US Bank Trusteethrough Dec 31, 2022 Form 5500
- AON Consulting, Inc. Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
1 managers on the commitment tape
From the plan’s own commitment disclosures
- Fidelity Institutional Asset Mgmt1 rows, latest Dec 31, 2023
From Schedule C (investment management, code 28)
- Fidelity Institutional Asset Mgmtplan years 2023
Commitments
1 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2023 | Fiam Long Corporate Commingled Poolcollective trust | Fidelity Institutional Asset Mgmt | Pooled vehicles | $6.3M held | Disclosed holding | askebsa.dol.gov |
Size and funding
21 readings
Investment management fees
Form 5500 filings
2 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2023 to Dec 31, 2023 | 101 | $25.7M | $26.1M | 90.3% | $26.5M | n/a | n/a | n/a |
| 2022 to Dec 31, 2022 | 103 | $31.5M | $24.2M | 97.6% | $25.7M | n/a | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- AON Consulting Inc. codes 11 17 50 70 $98,903 PY2023
- U.S. Bank National Association codes 21 50 $14,472 PY2023
- PWC Advisory LLC codes 13 15 50 $10,500 PY2023
- Fidelity Inst Asset Mgmt Trust Co. codes 28 $6,185 PY2023
- Fiam Long Corporate Commingled Pool Sched. D C $6.3M PY2023
- AON Consulting, Inc. codes 11 PY2023
- AON Consulting Inc. codes 11 17 50 70 $47,938 PY2022
- Pension Live codes 13 15 50 $21,000 PY2022
- U.S. Bank National Association codes 21 50 $14,629 PY2022
- AON Consulting, Inc. codes 11 PY2022
What changed
3 events
- Dec 31, 2023Manager relationship startedFidelity Inst Asset Mgmt Trust Co. appears on New Development Holdings, LLC Union Retirement Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Fidelity Institutional Asset Mgmtaskebsa.dol.gov
- Jan 1, 2023Funded status changedNew Development Holdings, LLC Union Retirement Plan funded ratio 97.6% -> 90.3% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedNew Development Holdings, LLC Union Retirement Plan plan assets $31M -> $26M (-18.4%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 270509754-001
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.