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

Puget Sound Electrical Workers Pension Plan

Taft-Hartley planSeattle, WA
Assets
$1.3B
Total assets, May 31, 2025 reported
Funded
104.9%
Jun 1, 2024
Private markets target
n/a
policy May 31, 2025
Commitments
12
1 managers on Schedule C
Plan sponsor: Board of Trustees, Puget Sound Electrical Workers Pension Trust
Allocation policy
Form 5500, as of May 31, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.5%
  • Non-interest-bearing cash 0.2%
  • Corporate debt instruments (other) 6.5%
  • Corporate debt instruments (preferred) 1.2%
  • U.S. Government securities 2.5%
  • Other investments 0.6%
  • Partnership/joint venture interests 7.0%
  • 103-12 investment entities 12.3%
  • Common/collective trusts 15.2%
  • Registered investment companies 41.4%
  • Common stock 9.7%
  • Preferred stock 0.0%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
4 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
12 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of May 31, 2025Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$163M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$121M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$48.0M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2025Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$33.3M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$159M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$106M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$49.2M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2024Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$25.8M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Washington Capital Joint Master Tru103 12 ieWashington Capital Management, Inc.Pooled vehicles$163M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Russell 1000 Index Nl Fundcollective trustState Street Global Advisors TrustPooled vehicles$83.1M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$59.3M heldDisclosed holdingaskebsa.dol.gov
as of May 31, 2023Invesco Balanced-Risk Allocation Trcollective trustInvesco Balanced-Risk Alloc. TrustMulti-asset$23.3M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$1.3B May 31, 2025 reported Form 5500
$1.3B (2024-05) · $1.1B (2023-05)
Plan assets
$1.2B Jun 1, 2024 reported Form 5500
$1.1B (2023-06) · $1.1B (2022-06)
Net assets
$1.3B May 31, 2025 reported Form 5500
$1.2B (2024-05) · $1.1B (2023-05)
Funded ratio
104.9% Jun 1, 2024 reported Form 5500
102.2% (2023-06) · 100.4% (2022-06)
Participants
8,739 Jun 1, 2024 reported Form 5500
8,811 (2023-06) · 8,768 (2022-06)
Contributions
$63.8M May 31, 2025 reported Form 5500
$60.0M (2024-05) · $70.2M (2023-05)
Benefits paid
$67.5M May 31, 2025 reported Form 5500
$64.7M (2024-05) · $60.5M (2023-05)
Net investment income
$71.5M May 31, 2025 reported Form 5500
$131M (2024-05) · $5.7M (2023-05)
Investment management fees
$2.5M May 31, 2025 reported Form 5500
$2.3M (2024-05) · $2.3M (2023-05)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to May 31, 20258,739n/an/an/a$1.3B$92.4Mn/an/a
2023 to May 31, 20248,811n/an/an/a$1.3B$86.0Mn/an/a
2022 to May 31, 20238,768n/an/an/a$1.1B$77.6Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Dec 31, 2024Manager relationship started
    Entrustpermal Management LLC appears on Puget Sound Electrical Workers Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Entrustpermal Management LLCaskebsa.dol.gov
  • Jun 1, 2024Funded status changed
    Puget Sound Electrical Workers Pension Plan funded ratio 102.2% -> 104.9% (2023-06-01 to 2024-06-01)
    askebsa.dol.gov
  • Jun 1, 2024Assets changed
    Puget Sound Electrical Workers Pension Plan plan assets $1.1B -> $1.2B (+11.9%, 2023-06-01 to 2024-06-01)
    askebsa.dol.gov
  • May 31, 2024Assets changed
    Puget Sound Electrical Workers Pension Plan total assets $1.1B -> $1.3B (+13.5%, 2023-05-31 to 2024-05-31)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 916180333-001
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.