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

International Brotherhood of Electrical Workers Local Union 98 Pension Plan

Taft-Hartley planPhiladelphia, PA
Assets
$624M
Total assets, Dec 31, 2024 reported
Funded
89.9%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
27
1 managers on Schedule C
Plan sponsor: Board of Trustees International Brotherh Electrical Workers Pension Pl
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 2.8%
  • Non-interest-bearing cash 0.5%
  • U.S. Government securities 0.0%
  • Other investments 1.7%
  • Partnership/joint venture interests 15.7%
  • 103-12 investment entities 5.8%
  • Common/collective trusts 31.7%
  • Pooled separate accounts 2.2%
  • Registered investment companies 28.3%
  • Common stock 10.6%
Consultants and advisers
3 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
27 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2024Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$115M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$5,044 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$15.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$13.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Harding Loevner International Equitcollective trustGlobal Trust CompanyPooled vehicles$46.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi LPPooled vehicles$11.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$20.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Harbourvest 2021 Global Feeder Fund103 12 ieHarbourvest Partners LLPPooled vehicles$5.5M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2024Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$19.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$92.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$2,588 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$16.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$13.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Harding Loevner International Equitcollective trustGlobal Trust CompanyPooled vehicles$46.3M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi LPPooled vehicles$10.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$17.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Harbourvest 2021 Global Feeder Fund103 12 ieHarbourvest Partners LLPPooled vehicles$4.6M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2023Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$18.0M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ibew-Neca Equity Index Fundcollective trustChevy Chase Trust CompanyPublic equity$73.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Longview Ultra Construction Loan incollective trustAmalgamated BankPrivate credit$7,266 heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$19.1M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Separate Account Jseparate accountUllico Investment Advisors, Inc.Pooled vehicles$12.8M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Harding Loevner International Equitcollective trustGlobal Trust CompanyPooled vehicles$40.2M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Harbourvest Partners Xi L.P.103 12 ieHarbourvest Partners Xi LPPooled vehicles$8.9M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Artisan Multiple Investment Trustcollective trustArtisan Global Value TrustPooled vehicles$14.4M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Harbourvest 2021 Global Feeder Fund103 12 ieHarbourvest Partners LLPPooled vehicles$2.7M heldDisclosed holdingaskebsa.dol.gov
as of Dec 31, 2022Ullico Infrastructure Tax Exempt Fu103 12 ieUllico Investment AdvisorsInfrastructure$16.2M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$624M Dec 31, 2024 reported Form 5500
$555M (2023-12) · $487M (2022-12)
Plan assets
$553M Jan 1, 2024 reported Form 5500
$486M (2023-01) · $558M (2022-01)
Net assets
$623M Dec 31, 2024 reported Form 5500
$553M (2023-12) · $486M (2022-12)
Funded ratio
89.9% Jan 1, 2024 reported Form 5500
88.5% (2023-01) · 87.1% (2022-01)
Participants
4,622 Jan 1, 2024 reported Form 5500
4,563 (2023-01) · 4,541 (2022-01)
Contributions
$51.6M Dec 31, 2024 reported Form 5500
$45.9M (2023-12) · $40.2M (2022-12)
Benefits paid
$41.7M Dec 31, 2024 reported Form 5500
$40.3M (2023-12) · $39.4M (2022-12)
Net investment income
$69.7M Dec 31, 2024 reported Form 5500
$67.8M (2023-12) · $-72.5M (2022-12)
Investment management fees
$2.2M Dec 31, 2024 reported Form 5500
$2.1M (2023-12) · $2.2M (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20244,622n/an/an/a$624M$97.8Mn/an/a
2023 to Dec 31, 20234,563n/an/an/a$555M$94.6Mn/an/a
2022 to Dec 31, 20224,541n/an/an/a$487M$72.9Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
6 events
  • Dec 31, 2024Manager relationship started
    Ullico Investment Advisors Inc appears on International Brotherhood of Electrical Workers Local Union 98 Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Ullico Investment Advisors, Inc.askebsa.dol.gov
  • Dec 31, 2024Assets changed
    International Brotherhood of Electrical Workers Local Union 98 Pension Plan total assets $555M -> $624M (+12.5%, 2023-12-31 to 2024-12-31)
    askebsa.dol.gov
  • Jan 1, 2024Assets changed
    International Brotherhood of Electrical Workers Local Union 98 Pension Plan plan assets $486M -> $553M (+14.0%, 2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Janus Capital Management LLC no longer appears on International Brotherhood of Electrical Workers Local Union 98 Pension Plan's Schedule C as investment manager (plan year 2023 vs 2022)
    with Janus Capital Management LLCaskebsa.dol.gov
  • Dec 31, 2023Assets changed
    International Brotherhood of Electrical Workers Local Union 98 Pension Plan total assets $487M -> $555M (+13.8%, 2022-12-31 to 2023-12-31)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    International Brotherhood of Electrical Workers Local Union 98 Pension Plan plan assets $558M -> $486M (-13.0%, 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 231990722-001
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.