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

Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund

Taft-Hartley planMendota Heights, MN
Assets
$481M
Total assets, Dec 31, 2024 reported
Funded
87.2%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
21
2 managers on Schedule C
Plan sponsor: Trustees of Minnesota & North Dakota Bricklayers & Allied Craftworkers
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 0.4%
  • Non-interest-bearing cash 0.7%
  • Corporate debt instruments (other) 6.8%
  • U.S. Government securities 3.6%
  • Other investments 0.3%
  • Partnership/joint venture interests 10.8%
  • 103-12 investment entities 6.2%
  • Common/collective trusts 39.4%
  • Registered investment companies 10.7%
  • Common stock 20.6%
  • Preferred stock 0.1%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
21 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Earnest Partners Smid Cap Core Fundcollective trustSEI Trust CompanyPooled vehicles$16.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$11.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$16.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$32.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$29.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Bnym Mellon Afl-Cio Sl Broad Marketcollective trustBNY MellonPooled vehicles$97.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$11.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$18.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Earnest Partners Smid Cap Core Fundcollective trustSEI Trust CompanyPooled vehicles$16.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$20.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$16.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$27.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Bnym Mellon Afl-Cio Sl Broad Marketcollective trustBNY MellonPooled vehicles$94.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Afl-Cio Building Investment Trustcollective trustGreat Gray Trust CompanyPooled vehicles$17.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$22.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Earnest Partners Smid Cap Core Fundcollective trustSEI Trust CompanyPooled vehicles$13.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Fiam Tactical Bond Commingled Fundcollective trustFidelity Institutional Asset MgmtHedge / diversifiers$19.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$22.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022NT Collective Quality Small Cap Corcollective trustNorthern Trust Collective Eafe IndePublic equity$21.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$24.6M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$481M Dec 31, 2024 reported Form 5500
$444M (2023-12) · $408M (2022-12)
Plan assets
$444M Jan 1, 2024 reported Form 5500
$408M (2023-01) · $481M (2022-01)
Net assets
$481M Dec 31, 2024 reported Form 5500
$444M (2023-12) · $408M (2022-12)
Funded ratio
87.2% Jan 1, 2024 reported Form 5500
85.9% (2023-01) · 86.5% (2022-01)
Participants
3,516 Jan 1, 2024 reported Form 5500
3,521 (2023-01) · 3,495 (2022-01)
Contributions
$19.2M Dec 31, 2024 reported Form 5500
$19.8M (2023-12) · $18.0M (2022-12)
Benefits paid
$35.1M Dec 31, 2024 reported Form 5500
$33.5M (2023-12) · $32.2M (2022-12)
Net investment income
$37.2M Dec 31, 2024 reported Form 5500
$35.7M (2023-12) · $-73.2M (2022-12)
Investment management fees
$1.0M Dec 31, 2024 reported Form 5500
$1.2M (2023-12) · $1.1M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20243,516n/an/an/a$481M$51.9Mn/an/a
2023 to Dec 31, 20233,521n/an/an/a$444M$7.1Mn/an/a
2022 to Dec 31, 20223,495n/an/an/a$408M$5.1Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
  • H.I.G Capital LLC codes 28 50 51 52 $374,660 PY2024
  • Zenith American Solutions codes 13 36 49 $219,554 PY2024
  • Mairs & Power, Inc. codes 28 51 68 $214,488 PY2024
  • The Segal Company codes 11 $209,049 PY2024
  • Chevy Chase Trust codes 28 51 $150,717 PY2024
  • BAC Service Corp codes 13 $120,558 PY2024
  • Ullico Investment Advisors, Inc. codes 28 51 $106,456 PY2024
  • Marquette Associates codes 27 28 $93,750 PY2024
  • Union Bank and Trust codes 19 65 $67,238 PY2024
  • Fidelity Institutional Asset Manage codes 28 50 51 64 $65,440 PY2024
  • Shumaker, Loop and Kendrick codes 29 $46,850 PY2024
  • Cliftonlarsonallen LLP codes 10 $40,756 PY2024
  • Whitestar codes 28 51 $5,085 PY2024
  • Newtower Trust Company Multi-Employ Sched. D C $16.9M PY2024
  • Earnest Partners Multiple Invest Sched. D C $16.9M PY2024
  • Fiam Group Trust for Employee Benef Sched. D C $32.3M PY2024
  • Afl-Cio Building Investment Trust Sched. D C $11.6M PY2024
  • Ullico Infrastructure Tax Exempt Fu Sched. D E $29.6M PY2024
  • Bnym Mellon Afl-Cio Sl Broad Market Sched. D C $97.6M PY2024
  • ASB Allegiance Real Estate Fund Sched. D C $13.9M PY2024
  • Segal codes 11 PY2024
  • H.I.G. Capital, LLC codes 28 50 51 52 $289,057 PY2023
  • Ullico Investment Advisors Inc codes 28 51 $274,766 PY2023
  • Mairs & Power, Inc. codes 27 28 50 51 52 $258,056 PY2023
  • Zenith American Solutions codes 13 50 $207,539 PY2023
  • ASB Capital Management, LLC codes 28 50 51 $137,899 PY2023
  • BAC Service Corp codes 13 50 $95,199 PY2023
  • Marquette Associates codes 27 28 50 51 $90,000 PY2023
  • Fidelity Institutional Asset Manage codes 28 50 51 $71,601 PY2023
  • The Segal Company codes 11 50 $69,688 PY2023
  • Union Bank & Trust codes 19 50 $67,661 PY2023
  • Cliftonlarsonallen LLP codes 10 50 $39,013 PY2023
  • Shumaker, Loop, & Kendrick LLP codes 29 50 $22,035 PY2023
  • Mcgrann Shea Carnival Straughn codes 29 50 $18,435 PY2023
  • Northern Trust Corporation codes 28 50 51 $11,346 PY2023
  • Ifebp codes 50 99 $8,660 PY2023
  • ASB Allegiance Real Estate Fund Sched. D C $16.9M PY2023
  • NT Collective Quality Small Cap Cor Sched. D C PY2023
  • Afl-Cio Building Investment Trust Sched. D C $11.7M PY2023
  • Bnym Mellon Afl-Cio Sl Broad Market Sched. D C $94.7M PY2023
  • Ullico Infrastructure Tax Exempt Fu Sched. D E $27.2M PY2023
  • Newtower Trust Company Multi-Employ Sched. D C $18.3M PY2023
  • Earnest Partners Multiple Invest Sched. D C $16.1M PY2023
  • Fiam Group Trust for Employee Benef Sched. D C $20.6M PY2023
  • Segal Consulting codes 11 PY2023
  • Mairs & Power, Inc. codes 27 28 50 51 52 $283,841 PY2022
  • Ullico Investment Advisors Inc codes 28 51 $274,248 PY2022
  • ASB Capital Management, LLC codes 28 50 51 $206,276 PY2022
  • Zenith American Solutions codes 13 50 $199,990 PY2022
  • Northern Trust Corporation codes 28 50 51 $98,293 PY2022
  • Marquette Associates codes 27 28 50 51 $87,500 PY2022
  • The Segal Company codes 11 50 $85,086 PY2022
  • Fidelity Institutional Asset Manage codes 28 50 51 $81,741 PY2022
  • BAC Service Corp codes 13 50 $68,369 PY2022
  • Union Bank & Trust codes 19 50 $55,685 PY2022
  • Cliftonlarsonallen LLP codes 10 50 $37,326 PY2022
  • Mcgrann Shea Carnival Straughn codes 29 50 $36,773 PY2022
  • White Star Advisors codes 28 50 51 $8,944 PY2022
  • Earnest Partners Multiple Invest Sched. D C $13.6M PY2022
  • Afl-Cio Building Investment Trust Sched. D C $17.7M PY2022
  • ASB Allegiance Real Estate Fund Sched. D C $22.1M PY2022
  • NT Collective Quality Small Cap Cor Sched. D C $21.3M PY2022
  • Ullico Infrastructure Tax Exempt Fu Sched. D E $24.6M PY2022
  • Fiam Group Trust for Employee Benef Sched. D C $19.9M PY2022
  • Newtower Trust Company Multi-Employ Sched. D C $22.1M PY2022
  • Segal Consulting codes 11 PY2022
What changed
9 events
  • Dec 31, 2024Manager relationship started
    Chevy Chase Trust appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Chevy Chase Trustaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Whitestar appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Whitestar Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    ASB Capital Management, LLC no longer appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with ASB Capital Management LLCaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Northern Trust Corporation no longer appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Northern Trust Co.askebsa.dol.gov
  • Dec 31, 2023Holding endedinference
    Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund no longer reports NT Collective Quality Small Cap Cor (Northern Trust Collective Eafe Inde) (last held $21M at 2022-12-31; absent from the 2023-12-31 filing)
    with Northern Trust Collective Eafe Indeaskebsa.dol.gov
  • Dec 31, 2023Holding started
    Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund first reports an interest in Bnym Mellon Afl-Cio Sl Broad Market (BNY Mellon): $95M at 2023-12-31
    with BNY Mellonaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    White Star Advisors no longer appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Whitestar Advisors, LLCaskebsa.dol.gov
  • Dec 31, 2023Manager relationship started
    H.I.G. Capital, LLC appears on Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with H.I.G Capital, LLCaskebsa.dol.gov
  • Jan 1, 2023Assets changed
    Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund plan assets $481M -> $408M (-15.2%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 516029930-001
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.