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

Michiana Area Electrical Workers Pension Fund

Taft-Hartley planLansing, MI
Assets
$228M
Total assets, Jun 30, 2025 reported
Funded
90.4%
Jul 1, 2024
Private markets target
n/a
policy Jun 30, 2025
Commitments
6
none on the tape
Plan sponsor: Board of Trustees Michiana Area Electrical Workers Pension Fund
Allocation policy
Form 5500, as of Jun 30, 2025
Actual allocation lines without a target (as filed)
  • Interest-bearing cash 3.4%
  • Non-interest-bearing cash 1.4%
  • Corporate debt instruments (other) 7.8%
  • U.S. Government securities 12.5%
  • Other investments 6.5%
  • Partnership/joint venture interests 8.0%
  • Common/collective trusts 1.9%
  • Registered investment companies 31.1%
  • Common stock 25.5%
Consultants and advisers
10 firms
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
From Schedule C (investment management, code 28)
Commitments
6 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Jun 30, 2025Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2025ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2024Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$1.5M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2024ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$2.9M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023Multi-Employer Property Trustcollective trustNEW Tower Trust CompanyReal estate$1.7M heldDisclosed holdingaskebsa.dol.gov
as of Jun 30, 2023ASB Allegiance Real Estate Fundcollective trustABS Allegiance Real EstateReal estate$3.8M heldDisclosed holdingaskebsa.dol.gov
Size and funding
30 readings
Total assets
$228M Jun 30, 2025 reported Form 5500
$206M (2024-06) · $189M (2023-06)
Plan assets
$205M Jul 1, 2024 reported Form 5500
$187M (2023-07) · $174M (2022-07)
Net assets
$223M Jun 30, 2025 reported Form 5500
$205M (2024-06) · $187M (2023-06)
Funded ratio
90.4% Jul 1, 2024 reported Form 5500
88.7% (2023-07) · 86.5% (2022-07)
Participants
1,688 Jul 1, 2024 reported Form 5500
1,714 (2023-07) · 1,627 (2022-07)
Contributions
$13.5M Jun 30, 2025 reported Form 5500
$10.9M (2024-06) · $10.7M (2023-06)
Benefits paid
$12.3M Jun 30, 2025 reported Form 5500
$11.8M (2024-06) · $11.1M (2023-06)
Net investment income
$18.7M Jun 30, 2025 reported Form 5500
$17.6M (2024-06) · $12.6M (2023-06)
Investment management fees
$755,467 Jun 30, 2025 reported Form 5500
$704,578 (2024-06) · $679,713 (2023-06)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Jun 30, 20251,688n/an/an/a$228M$18.2Mn/an/a
2023 to Jun 30, 20241,714n/an/an/a$206M$17.1Mn/an/a
2022 to Jun 30, 20231,627n/an/an/a$189M$11.8Mn/an/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Jun 30, 2025Assets changed
    Michiana Area Electrical Workers Pension Fund total assets $206M -> $228M (+10.5%, 2024-06-30 to 2025-06-30)
  • Dec 31, 2024Manager relationship started
    Marco Consulting Group appears on Michiana Area Electrical Workers Pension Fund's Schedule C as investment manager (plan year 2024 vs 2023)
    with Segal Marco Consultingaskebsa.dol.gov
  • Dec 31, 2023Manager relationship endedinference
    Marco Consulting Group no longer appears on Michiana Area Electrical Workers Pension Fund's Schedule C as investment manager (plan year 2023 vs 2022)
    with Segal Marco Consultingaskebsa.dol.gov
  • Jul 1, 2023Funded status changed
    Michiana Area Electrical Workers Pension Fund funded ratio 86.5% -> 88.7% (2022-07-01 to 2023-07-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 356269273-001
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.