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

Plumbers and Steamfitters Local 486 Pension Fund

Taft-Hartley planColumbia, MD
Assets
$382M
Total assets, Dec 31, 2024 reported
Funded
97.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
17
3 managers on Schedule C
Plan sponsor: Plumbers and Steamfitters 486 Pension Fund Board of Trustees
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 1.3%
  • Non-interest-bearing cash 0.1%
  • Corporate debt instruments (other) 9.0%
  • U.S. Government securities 4.9%
  • Other investments 2.0%
  • Partnership/joint venture interests 33.9%
  • 103-12 investment entities 6.8%
  • Common/collective trusts 20.9%
  • Common stock 19.9%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
6 managers on the commitment tape
From the plan’s own commitment disclosures
From Schedule C (investment management, code 28)
Commitments
17 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$17.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$19.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$7.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Wacap Sp Infrastructure Fund IV Fee103 12 ieWcap - Sp Infrastructure Fund IV FInfrastructure$3.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024NT Collective Russell 1000 Growth Icollective trustNorthern Trust Collective Eafe IndePooled vehicles$53.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$4.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Jpmcb Global Allocation Fundcollective trustJP MorganPooled vehicles$9.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$15.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$17.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$7.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Wacap Sp Infrastructure Fund IV Fee103 12 ieWcap - Sp Infrastructure Fund IV FInfrastructure$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023NT Collective Russell 1000 Growth Icollective trustNorthern Trust Collective Eafe IndePooled vehicles$42.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Jpmcb Global Allocation Fundcollective trustJP MorganPooled vehicles$8.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Hardman Johnston Int'l Equity Group103 12 ieJohnston International EquityPublic equity$17.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Mackay Shields Collective Investmencollective trustSEI Trust CompanyPooled vehicles$15.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$12.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Wacap Sp Infrastructure Fund IV Fee103 12 ieWcap - Sp Infrastructure Fund IV FInfrastructure$1.9M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$382M Dec 31, 2024 reported Form 5500
$350M (2023-12) · $329M (2022-12)
Plan assets
$350M Jan 1, 2024 reported Form 5500
$328M (2023-01) · $362M (2022-01)
Net assets
$382M Dec 31, 2024 reported Form 5500
$350M (2023-12) · $329M (2022-12)
Funded ratio
97.9% Jan 1, 2024 reported Form 5500
106.2% (2023-01) · 103.6% (2022-01)
Participants
3,152 Jan 1, 2024 reported Form 5500
3,069 (2023-01) · 3,183 (2022-01)
Contributions
$21.4M Dec 31, 2024 reported Form 5500
$20.4M (2023-12) · $20.0M (2022-12)
Benefits paid
$21.3M Dec 31, 2024 reported Form 5500
$20.0M (2023-12) · $18.7M (2022-12)
Net investment income
$32.1M Dec 31, 2024 reported Form 5500
$21.2M (2023-12) · $-34.0M (2022-12)
Investment management fees
$2.0M Dec 31, 2024 reported Form 5500
$1.8M (2023-12) · $1.8M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20243,152n/an/an/a$382M$130Mn/an/a
2023 to Dec 31, 20233,069n/an/an/a$350M$113Mn/a$225,000
2022 to Dec 31, 20223,183n/an/an/a$329M$118Mn/a$305,074
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
12 events
  • Dec 31, 2024Holding endedinference
    Plumbers and Steamfitters Local 486 Pension Fund no longer reports Jpmcb Global Allocation Fund (JP Morgan) (last held $9M at 2023-12-31; absent from the 2024-12-31 filing)
    with JP Morganaskebsa.dol.gov
  • Dec 31, 2024Holding started
    Plumbers and Steamfitters Local 486 Pension Fund first reports an interest in Ullico Infrastructure Tax Exempt Fu (Ullico Investment Advisors): $5M at 2024-12-31
    with Ullico Investment Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Jpmorgan Chase Bank, National Assoc appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Jpmorgan Chase Bank, N.A.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Intercontinental Real Estate Corpor appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with International Real Estate Corporatiaskebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Newtower Trust Company appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Newtower Trust Companyaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Great Lakes Advisors no longer appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Great Lakes Advisorsaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Boyd Watterson Asset Managment LLC no longer appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Boyd Watterson Asset Managementaskebsa.dol.gov
  • Dec 31, 2024Manager relationship endedinference
    Grosvenor Capital Management LP no longer appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with GCM Grosvenor L.P.askebsa.dol.gov
  • Dec 31, 2024Manager relationship started
    Washington Capital Management, Inc appears on Plumbers and Steamfitters Local 486 Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Washington Capital Management, Inc.askebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Plumbers and Steamfitters Local 486 Pension Fund funded ratio 106.2% -> 97.9% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Holding started
    Plumbers and Steamfitters Local 486 Pension Fund first reports an interest in NT Collective Russell 1000 Growth I (Northern Trust Collective Eafe Inde): $42M at 2023-12-31
    with Northern Trust Collective Eafe Indeaskebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Plumbers and Steamfitters Local 486 Pension Fund funded ratio 103.6% -> 106.2% (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 526124449-001
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.