Beer Industry - Local Union No. 703 Pension Fund
Taft-Hartley plan, based in Tinley Park, Illinois, reporting $125M in assets, for 2,029 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, River Road Asset Management LLC no longer appears on Beer Industry - Local Union No. 703 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023).
3 more advisers, 2 more managers, 16 more commitments and 2 more dated events
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- Multi-Employer Property Trust3 commitments
- NT Collective All Country World Ex3 commitments
- NT Collective Short Term Investment3 commitments
- Northern Trust Investments, Inc.9 commitments
- NEW Tower Trust Company3 commitments
- Prudential Insurance Company of Ame3 commitments
Relationship network
47 connected entities19 observed commitments11 repeat counterparties17 dated commitments shown here, 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
- Non-interest-bearing cash 1.3%
- Partnership/joint venture interests 5.7%
- Common/collective trusts 55.2%
- Pooled separate accounts 3.9%
- Registered investment companies 33.6%
Consultants and advisers
- Bridgeway Benefit Technologies General consultantthrough Dec 31, 2023 Form 5500
- Lasalle Consulting Partners General consultantthrough Dec 31, 2022 Form 5500
- Segal Marco Advisors Investment adviser (plan)through Dec 31, 2022 Form 5500
+3 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
- Northern Trust Investments, Inc.9 rows, latest Dec 31, 2024
- NEW Tower Trust Company3 rows, latest Dec 31, 2024
- Prudential Insurance Company of Ame3 rows, latest Dec 31, 2024
+2 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
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- Lord Abbettplan years
- Intech Investment Managementplan years
- Prudential Insurance Company of Ameplan years 2022
+3 more Schedule C managers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Dec 31, 2024Manager relationship endedinferenceRiver Road Asset Management LLC no longer appears on Beer Industry - Local Union No. 703 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with River Road Asset Managementaskebsa.dol.gov
- Dec 31, 2024Manager relationship startedBoyd Watterson Asset Managment LLC appears on Beer Industry - Local Union No. 703 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)with Boyd Watterson Asset Managementaskebsa.dol.gov
- Dec 31, 2023Holding endedinferenceBeer Industry - Local Union No. 703 Pension Fund no longer reports Intech Risk Mgd Broad Lrg Cap Grth (last held $4M at 2022-12-31; absent from the 2023-12-31 filing)with Intech US Broad Large Cap Growth Fuaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceInnovative Software Solutions Inc. no longer appears on Beer Industry - Local Union No. 703 Pension Fund's Schedule C as general consultant (plan year 2023 vs 2022)with Innovative Software Solutions, Inc.askebsa.dol.gov
- Dec 31, 2023Manager relationship endedinferenceBoyd Watterson Asset Management LLC no longer appears on Beer Industry - Local Union No. 703 Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Boyd Watterson Asset Managementaskebsa.dol.gov
+2 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $5.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | NT Collective All Country World Excollective trust | Northern Trust Investments, Inc. | Pooled vehicles | $16.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | NT Collective Short Term Investmentcollective trust | Northern Trust Investments, Inc. | Cash | $315,291 held | Disclosed holding | askebsa.dol.gov |
+16 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 | 2,029 | Not disclosed | Not disclosed | n/a | $125M | $7.1M | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,967 | Not disclosed | Not disclosed | n/a | $118M | $7.3M | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,987 | Not disclosed | Not disclosed | n/a | $112M | $7.6M | Not disclosed | Not disclosed |
- Segal Consulting codes 11 $105,419 PY2024
- S. Reeves codes 14 $97,785 PY2024
- The Northern Trust Co codes 19 51 52 62 $77,574 PY2024
+68 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Beer Industry - Local Union No. 703 Pension Fund sits on 20 traced paths of capital across the graphs.
DFX traced 20 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
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Record history
- Manager relationship ended2024-12-31source on record
- Manager relationship started2024-12-31source on record
- Holding in a pooled vehicle ended2023-12-31source on record
+4 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
+13 connections on the graph
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