Local 351 Ibew Pension Plan
Taft-Hartley plan, based in West Trenton, New Jersey, reporting $542M in assets, for 3,556 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 1 Jan 2024, Local 351 Ibew Pension Plan funded ratio 87.3% -> 96.1% (2023-01-01 to 2024-01-01).
2 more advisers, 3 more commitments and 1 more dated event
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Capital path
who backs this record, through what, into what; each name opens its own path- Earnest Partners Smid Cap Core Fund3 commitments
- Dryden S&p 500 Index3 commitments
- Earnest Partners3 commitments
- Prudential Retirement & Annuity Co.2 commitments
- Empower Annuity Insurance Company1 commitment
Relationship network
29 connected entities6 observed commitments5 repeat counterpartiescommitments 2022 to 2024
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesTaft-Hartley planShowHide
Allocation policy
- 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
- 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
+2 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
- Earnest Partners3 rows, latest Dec 31, 2024
- Prudential Retirement & Annuity Co.2 rows, latest Dec 31, 2023
- Empower Annuity Insurance Company1 row, latest Dec 31, 2024
- Empower Annuity Insurance Companyplan years
- Prudential Retirement & Annuity Co.plan years
- Earnest Partnersplan years
+11 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
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What changed
- 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)
+1 more dated event
Every name, record and relationship behind this count, with the source on each.
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Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Earnest Partners Smid Cap Core Fundcollective trust | Earnest Partners | Pooled vehicles | $52.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Dryden S&p 500 Indexseparate account | Empower Annuity Insurance Company | Pooled vehicles | $2.8M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Dryden S&p 500 Indexseparate account | Prudential Retirement & Annuity Co. | Pooled vehicles | $2.2M held | Disclosed holding | askebsa.dol.gov |
+3 more commitments
Every fund and manager this allocator committed to, with the amount, date and source on each.
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Size and funding
Form 5500 filings
| 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 | Not disclosed | Not disclosed | n/a | $542M | $85.7M | Not disclosed | $26.2M |
| 2023 to Dec 31, 2023 | 3,615 | Not disclosed | Not disclosed | n/a | $503M | $87.3M | Not disclosed | $28.2M |
| 2022 to Dec 31, 2022 | 3,610 | Not disclosed | Not disclosed | n/a | $450M | $38.5M | Not disclosed | $34.2M |
- 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
+58 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Local 351 Ibew Pension Plan sits on 3 traced paths of capital across the graphs.
DFX traced 3 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
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Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Funded status changed2024-01-01source on record
- Total assets changed2024-01-01source on record
- Manager relationship ended2023-12-31source on record
+3 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+20 connections on the graph
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