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 Bakers Union Pension Plan

Taft-Hartley planEagan, MN
Assets
$227M
Total assets, Dec 31, 2024 reported
Funded
106.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
1 managers on Schedule C
Plan sponsor: Minnesota Bakers Union Pension Plan
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.6%
  • Corporate debt instruments (other) 10.0%
  • U.S. Government securities 4.4%
  • Other investments 0.5%
  • Registered investment companies 29.3%
  • Common stock 0.7%
  • Preferred stock 51.9%
Consultants and advisers
2 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
11 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
30 readings
Total assets
$227M Dec 31, 2024 reported Form 5500
$212M (2023-12) · $193M (2022-12)
Plan assets
$212M Jan 1, 2024 reported Form 5500
$193M (2023-01) · $235M (2022-01)
Net assets
$227M Dec 31, 2024 reported Form 5500
$212M (2023-12) · $193M (2022-12)
Funded ratio
106.0% Jan 1, 2024 reported Form 5500
107.6% (2023-01) · 108.1% (2022-01)
Participants
2,721 Jan 1, 2024 reported Form 5500
2,670 (2023-01) · 2,664 (2022-01)
Contributions
$3.9M Dec 31, 2024 reported Form 5500
$3.7M (2023-12) · $3.5M (2022-12)
Benefits paid
$13.1M Dec 31, 2024 reported Form 5500
$12.6M (2023-12) · $11.9M (2022-12)
Net investment income
$15.2M Dec 31, 2024 reported Form 5500
$19.3M (2023-12) · $-42.2M (2022-12)
Investment management fees
$812,940 Dec 31, 2024 reported Form 5500
$849,368 (2023-12) · $877,345 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20242,721n/an/an/a$227Mn/an/a$0
2023 to Dec 31, 20232,670n/an/an/a$212Mn/an/a$0
2022 to Dec 31, 20222,664n/an/an/a$193Mn/an/a$0
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Dec 31, 2024Manager relationship endedinference
    Tocqueville Asset Management L.P. no longer appears on Minnesota Bakers Union Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Tocqueville Asset Management LPaskebsa.dol.gov
  • Jan 1, 2024Assets changed
    Minnesota Bakers Union Pension Plan plan assets $193M -> $212M (+10.0%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Assets changed
    Minnesota Bakers Union Pension Plan total assets $193M -> $212M (+10.0%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Minnesota Bakers Union Pension Plan plan assets $235M -> $193M (-18.0%, 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 416018079-001
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.