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
Local 351 Ibew Pension Plan
Taft-Hartley planWest Trenton, NJ
Assets
$542M
Total assets, Dec 31, 2024 reported
Funded
96.1%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
6
1 managers on Schedule C
Plan sponsor: Board of Trustees Local 351 Pension Fund
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 3.5%
- Corporate debt instruments (other) 7.4%
- Insurance company general account 8.0%
- Partnership/joint venture interests 15.8%
- Common/collective trusts 9.7%
- Pooled separate accounts 0.5%
- Registered investment companies 7.6%
- Common stock 42.2%
- Real estate (other than employer real property) 4.8%
Consultants and advisers
5 firms
- Dahab Associates Pension consultantthrough Dec 31, 2022 Form 5500
- Prudential Retirement & Annuity Ins Investment adviser (plan)through Dec 31, 2022 Form 5500
- The Mckeogh Company Actuarythrough Dec 31, 2024 Form 5500
- Summit Actuarial Services Actuarythrough Dec 31, 2022 Form 5500
- The Bank of NY Mellon Asset Servici Custodianthrough 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
- Prudential Retirement & Annuity Ins3 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- Constitution Capital Fund Adminplan years 2024
- Patriot Financial Partners, LPplan years 2022
- Eagle Capital Management, LLCplan years 2022
- Constitution Capital Partners, LLCplan years 2022
- Quantum Capital Managementplan years 2022
- Polen Capital Managementplan years 2022
- Grosvenorplan years 2022
- Garcia Hamilton & Associates, L.P.plan years 2022
- JP Morganplan years 2022
- ASB Capital Management LLCplan years 2022
- International Real Estate Corporatiplan years 2022
Commitments
6 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, 2024 | Dryden S&p 500 Indexseparate account | Prudential Retirement & Annuity Ins | Pooled vehicles | $2.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Earnest Partners Smid Cap Core Fundcollective trust | SEI Trust Company | Pooled vehicles | $52.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Dryden S&p 500 Indexseparate account | Prudential Retirement & Annuity Ins | Pooled vehicles | $2.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Earnest Partners Smid Cap Core Fundcollective trust | SEI Trust Company | Pooled vehicles | $49.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Dryden S&p 500 Indexseparate account | Prudential Retirement & Annuity Ins | Pooled vehicles | $1.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Earnest Partners Smid Cap Core Fundcollective trust | SEI Trust Company | Pooled vehicles | $42.2M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 3,556 | n/a | n/a | n/a | $542M | $85.7M | n/a | $26.2M |
| 2023 to Dec 31, 2023 | 3,615 | n/a | n/a | n/a | $503M | $87.3M | n/a | $28.2M |
| 2022 to Dec 31, 2022 | 3,610 | n/a | n/a | n/a | $450M | $38.5M | n/a | $34.2M |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Patriot Financial Partners, L.P. codes 52 $850,484 PY2024
- Eagle Capital Management codes 51 $791,978 PY2024
- GCM Grosvenor codes 28 $585,775 PY2024
- Polen Capital codes 51 $471,135 PY2024
- Quantum Capital Management codes 28 51 68 $431,564 PY2024
- I.E. Shaffer & Co codes 13 $332,277 PY2024
- Intercontinental Real Estate Corp codes 51 $300,000 PY2024
- Constitution Capital Partners, LLC codes 28 $227,632 PY2024
- ASB Real Estate Investment codes 51 $157,003 PY2024
- Garcia Hamilton codes 51 $128,395 PY2024
- JP Morgan codes 28 $73,818 PY2024
- Dahab and Assoc. codes 17 $68,000 PY2024
- Gerson & Assoc CPAS and Advisors PC codes 10 $58,500 PY2024
- Empower Annuity Insurance Co codes 27 51 72 $52,100 PY2024
- Obrien Belland & Bushinsky codes 29 $43,481 PY2024
- Summit Actuarial Services codes 11 $30,100 PY2024
- Mspc Certified Public Accountants codes 10 $25,730 PY2024
- Constitution Capital Fund Admin codes 52 PY2024
- Dryden S&p 500 Index Sched. D P $2.8M PY2024
- Earnest Partners Multiple Investmen Sched. D C $52.4M PY2024
- The Mckeogh Company codes 11 PY2024
- Patriot Financial Partners, L.P. codes 52 $910,652 PY2023
- Eagle Capital Management codes 51 $683,436 PY2023
- GCM Grosvenor codes 28 $579,119 PY2023
- Polen Capital codes 51 $560,484 PY2023
- Quantum Capital Management codes 28 51 68 $379,794 PY2023
- I.e.shaffer & Co. codes 13 $321,825 PY2023
- Constitution Capital Partners, LLC codes 28 $251,302 PY2023
- ASB Re Investment codes 51 $190,051 PY2023
- JP Morgan codes 28 $115,946 PY2023
- Garcia Hamilton codes 51 $91,442 PY2023
- Dahab and Asso. codes 17 $68,000 PY2023
- Prudential Retirement Ins & Annuity codes 27 51 72 $61,518 PY2023
- Gerson & Assoc CPAS and Advisors PC codes 10 $56,000 PY2023
- O'Brien Belland & Bushinsky codes 29 $37,454 PY2023
- Summit Actuarial Services codes 11 $30,100 PY2023
- Mspc Certified Public Accountants codes 10 $24,037 PY2023
- Dryden S&p 500 Index Sched. D P $2.2M PY2023
- Earnest Partners Multiple Investmen Sched. D C $49.7M PY2023
- Summit Actuarial Services, LLC codes 11 PY2023
- Patriot Financial Partners, L.P. codes 52 $783,287 PY2022
- Eagle Capital Management codes 51 $723,550 PY2022
- Polen Capital codes 51 $606,487 PY2022
- Constitution Capital Partners, LLC codes 28 $355,936 PY2022
- Quantum Capital Management codes 28 51 68 $341,555 PY2022
- GCM Grosvenor codes 28 $330,877 PY2022
- I.e.shaffer & Co. codes 13 $299,174 PY2022
- Intercontinental Real Estate codes 28 $267,965 PY2022
- ASB Re Investment codes 51 $217,109 PY2022
- JP Morgan codes 28 $107,500 PY2022
- Garcia Hamilton codes 51 $107,213 PY2022
- Dahab and Asso. codes 17 $68,000 PY2022
- Prudential Retirement Ins & Annuity codes 27 51 72 $61,156 PY2022
- Gerson & Assoc CPAS and Advisors PC codes 10 $56,000 PY2022
- O'Brien Belland & Bushinsky codes 29 $40,308 PY2022
- Summit Actuarial Services codes 11 $34,625 PY2022
- Mspc Certified Public Accountants codes 10 $17,125 PY2022
- The Bank of NY Mellon Asset Servici codes 19 $12,247 PY2022
- Earnest Partners Multiple Investmen Sched. D C $42.2M PY2022
- Dryden S&p 500 Index Sched. D P $1.8M PY2022
- Summit Actuarial Services, LLC codes 11 PY2022
What changed
6 events
- Jan 1, 2024Funded status changedLocal 351 Ibew Pension Plan funded ratio 87.3% -> 96.1% (2023-01-01 to 2024-01-01)
- Jan 1, 2024Assets changedLocal 351 Ibew Pension Plan plan assets $450M -> $503M (+11.8%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship endedinferenceIntercontinental Real Estate no longer appears on Local 351 Ibew Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)with International Real Estate Corporatiaskebsa.dol.gov
- Dec 31, 2023Assets changedLocal 351 Ibew Pension Plan total assets $450M -> $503M (+11.8%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedLocal 351 Ibew Pension Plan funded ratio 110.2% -> 87.3% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedLocal 351 Ibew Pension Plan plan assets $557M -> $450M (-19.2%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 223417366-001
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.