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
Kern County Electrical Workers Pension Fund
Taft-Hartley planBakersfield, CA
Assets
$201M
Total assets, Dec 31, 2024 reported
Funded
93.5%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
12
none on the tape
Plan sponsor: Board of Trustees, Kern County Electrical Workers
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Interest-bearing cash 1.1%
- Non-interest-bearing cash 1.2%
- Other investments 0.1%
- Partnership/joint venture interests 16.4%
- 103-12 investment entities 74.1%
- Common/collective trusts 5.6%
Consultants and advisers
5 firms
- Segal Marco Advisors Investment adviser (plan)through Dec 31, 2024 Form 5500
- Segal Marco Consulting Investment adviser (plan)through Dec 31, 2022 Form 5500
- Segal Actuarythrough Dec 31, 2022 Form 5500
- Comerica Bank Custodianthrough Dec 31, 2022 Form 5500
- The Segal Co (western States), Inc. Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on the commitment tape
From the plan’s own commitment disclosures
- NEW Tower Trust Company3 rows, latest Dec 31, 2024
- Ullico Investment Advisors3 rows, latest Dec 31, 2024
From Schedule C (investment management, code 28)
- Newtower Trust Companyplan years 2023
- Ullico Investment Advisors, Inc.plan years 2023
Commitments
12 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Dec 31, 2024 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $11.3M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Equity Group Trust103 12 ie | Segal Advisors, Inc. | Public equity | $97.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Fixed Income Group Trust103 12 ie | Segal Advisors, Inc. | Fixed income | $46.4M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2024 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $4.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $12.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Equity Group Trust103 12 ie | Segal Advisors, Inc. | Public equity | $91.9M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Fixed Income Group Trust103 12 ie | Segal Advisors, Inc. | Fixed income | $32.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2023 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $4.5M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Multi-Employer Property Trustcollective trust | NEW Tower Trust Company | Real estate | $14.6M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Equity Group Trust103 12 ie | Segal Advisors, Inc. | Public equity | $77.2M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Fixed Income Group Trust103 12 ie | Segal Advisors, Inc. | Fixed income | $25.7M held | Disclosed holding | askebsa.dol.gov | |
| as of Dec 31, 2022 | Ullico Infrastructure Tax Exempt Fu103 12 ie | Ullico Investment Advisors | Infrastructure | $4.1M held | Disclosed holding | askebsa.dol.gov |
Size and funding
30 readings
Investment management fees
$375,773 (2023-12) · $344,704 (2022-12)
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,530 | n/a | n/a | n/a | $201M | $32.9M | n/a | n/a |
| 2023 to Dec 31, 2023 | 1,465 | n/a | n/a | n/a | $181M | $33.8M | n/a | n/a |
| 2022 to Dec 31, 2022 | 1,094 | n/a | n/a | n/a | $162M | $35.8M | n/a | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Marco Consulting Group codes 27 28 $286,267 PY2024
- The Segal Company codes 11 $99,716 PY2024
- Ullico Investment Advisors, Inc. codes 28 $70,641 PY2024
- Miller Kaplan Arase LLP codes 10 $64,099 PY2024
- Employee 1 codes 30 $57,175 PY2024
- Employee 2 codes 30 $43,861 PY2024
- NEW Tower Trust Company codes 28 $41,497 PY2024
- Tiffany Lena codes 29 $40,310 PY2024
- Comerica Bank codes 19 21 $14,977 PY2024
- Multi-Employer Property Trust Sched. D C $11.3M PY2024
- Marco Cons Group Trust Equity Part Sched. D E $97.6M PY2024
- Marco Cons Grp Tr Fixed Income Part Sched. D E $46.4M PY2024
- Ullico Infra Tax Exempt Fund Sched. D E $4.9M PY2024
- Segal codes 11 PY2024
- Marco Consulting Group codes 27 28 $265,387 PY2023
- The Segal Company codes 11 $92,955 PY2023
- Ullico Investment Advisors, Inc. codes 28 $65,741 PY2023
- Employee 1 codes 30 $53,872 PY2023
- New Tower Trust Company codes 28 $43,807 PY2023
- Employee 2 codes 30 $41,367 PY2023
- Tiffany Lena codes 29 $40,594 PY2023
- Miller Kaplan Arase LLP codes 10 $29,438 PY2023
- Comerica Bank codes 19 21 $14,390 PY2023
- Michael Surowitz codes 10 $8,319 PY2023
- Marco Cons Group Trust Equity Part Sched. D E $91.9M PY2023
- Multi-Employer Property Trust Sched. D C $12.2M PY2023
- Marco Cons Grp Tr Fixed Income Part Sched. D E $32.2M PY2023
- Ullico Infra Tax Exempt Fund Sched. D E $4.5M PY2023
- Segal codes 11 PY2023
- Marco Consulting Group codes 27 $331,630 PY2022
- The Segal Company codes 11 $89,449 PY2022
- Employee 1 codes 30 $50,296 PY2022
- Tiffany Lena codes 29 $45,793 PY2022
- Employee 2 codes 30 $38,949 PY2022
- Miller Kaplan Arase LLP codes 10 $35,740 PY2022
- Kern County Elec. Workers Jat Trust codes 99 $28,720 PY2022
- Michael Surowitz codes 10 $24,588 PY2022
- Employee 3 codes 30 $14,452 PY2022
- Comerica Bank codes 19 21 $13,074 PY2022
- Multi-Employer Property Trust Sched. D C $14.6M PY2022
- Marco Group Equity Sched. D E $77.2M PY2022
- Marco Group Fixed Income Sched. D E $25.7M PY2022
- Ullico Infrastructure Tax Exempt Fu Sched. D E $4.1M PY2022
- Segal codes 11 PY2022
What changed
7 events
- Dec 31, 2024Assets changedKern County Electrical Workers Pension Fund total assets $181M -> $201M (+11.2%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Assets changedKern County Electrical Workers Pension Fund plan assets $162M -> $179M (+10.8%, 2023-01-01 to 2024-01-01)
- Dec 31, 2023Manager relationship startedUllico Investment Advisors, Inc. appears on Kern County Electrical Workers Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Ullico Investment Advisors, Inc.askebsa.dol.gov
- Dec 31, 2023Manager relationship startedNew Tower Trust Company appears on Kern County Electrical Workers Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)with Newtower Trust Companyaskebsa.dol.gov
- Dec 31, 2023Assets changedKern County Electrical Workers Pension Fund total assets $162M -> $181M (+11.4%, 2022-12-31 to 2023-12-31)
- Jan 1, 2023Funded status changedKern County Electrical Workers Pension Fund funded ratio 95.1% -> 93.0% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedKern County Electrical Workers Pension Fund plan assets $180M -> $162M (-10.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 956123049-001
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.